Matson’s higher earnings in line with expectations
Hawaii and Alaska carrier expects a strong fourth quarter, takes delivery of first of four new ships.
UPS Freight halting LTL pickups ahead of contract vote
Teamsters are expected to weigh in on an agreement with the freight division later this week.
ITF: Look at ending shipping competition protection
International Transport Federation says industry “does not have unique characteristics that justify exemptions from competition law.”
CMA CGM sets low-sulfur surcharge for China
The fee comes after China imposed a 0.5 percent sulfur limit in the two cities.
Cold storage facility opens in Port of Oakland
Lineage Cool Port Oakland is a collaboration between Lineage Logistics and Dreisbach Enterprises.
Matson starts U.S.-flag service to Marshall Islands
Transshipping through Honolulu rather than Guam will reduce transit time from U.S. mainland by about a week.
Norfolk Southern reports 39 percent profit hike
Precision scheduled railroading principles will be implemented “where they lead to a better result for customers and shareholders.”
DSV says it won’t pursue CEVA acquisition
The Danish firm throws in the towel, claiming the Swiss company was unwilling to “engage directly.”
Federal Maritime Commission reviewing ‘PierPass 2.0’
Agency has 45 days to study changes planned by Los Angeles and Long Beach terminals.
SMC³ offering volume LTL pricing solution
Supply chain stakeholders use volume pricing rates when they need a spot quote for shipments that don’t fit within traditional LTL or truckload parameters.
CMA CGM increases stake in CEVA Logistics
Move comes on the heels of last week’s rejection of a purchase offer from DSV.
U.S. sends notice of international postal pact withdrawal
Action could be reversed if negotiations with the Universal Postal Union are successful.
Using military bases for coal exports ‘harebrained’
Washington Gov. Jay Inslee fired up over U.S. Secretary of Interior Ryan Zinke’s proposal.
‘PierPass 2.0’ expected to get rolling in mid-November
Shippers will pay a flat fee day and night to have containers picked up at Los Angeles and Long Beach container terminals.
MSC to equip 50,000 containers with tracking devices
TRAXENS expects to have 100,000 “smart containers” in use by the end of 2019.
Hapag-Lloyd and ONE cooperate on feeder routes
Carriers are sharing space on three services in Asia and will begin sharing space on seven services in North Europe and the Mediterranean this month.
CSX sues for access to Virginia container terminal
Norfolk Southern accused of using shortline railroad as a “chess piece” to maintain monopolistic control over intermodal access in and out of Norfolk International Terminal.
CEVA rejects acquisition offer by DSV
The Swiss company said it instead plans to explore measures to enhance its performance with CMA CGM.
Arbitrators deliver decision in J.B. Hunt-BNSF dispute
Hunt anticipates a $28.9 million hit to earnings when the award is combined with a driver settlement and charge related to a customer bankruptcy.
Transplace buys Yusen’s intermodal, freight brokerage
TMS provider says the purchase means its customers will be better able to take advantage of intermodal.