Swiss freight forwarder Kuehne + Nagel has opened a container freight station (CFS) in Phnom Penh, Cambodia. It’s the second-largest facility of its type in Phnom Penh that offers radio-frequency scanning of shipments. K+N said the new 3,000-square-meter facility is located on National Road 4, and is in close proximity to most […]
Third-party logistics services provider Norbert Dentressangle will purchase the logistics assets of MGF, a subsidiary of the G7 Group, consisting of nine warehouses in France. With a combined storage area of 174,000 square meters, the warehouses are located mainly between Paris in northern France and the urban areas of Lyon, Toulouse and Marseille. […]
The global container terminal operator PSA International has won a bid to build the fourth container terminal at the Jawaharlal Nehru Port (JNP) complex outside of Mumbai. The 30-year concession will see Singapore-based PSA develop and operate the Bharat Mumbai Container Terminal (BMCT), which is designed to have 2,000 meters of quay and […]
Applied Weather Technology has launched a new voyage calculator that lets customers calculate the distance, speed loss and cost of a voyage from one port to another, the company announced Tuesday. “Ship brokers and charterers need voyage time and distance estimates to project costs, but simply using great circle distances can give unrealistic […]
Chinese authorities have rescinded a 6.5-year import suspension of poultry from Virginia, according to the U.S. Department of Agriculture and Gov. Terry McAuliffe’s office.
The Transpacific Stabilization Agreement (TSA) is recommending a freight rate increase of $700 per 40-foot container on July 1 for “protein shipments” –refrigerated meat such as beef, pork and chicken — moving to Asia. The 15 container shipping lines in the TSA say they are looking forward to a stronger 2014 for U.S. beef, […]
The U.S. Justice Department’s Civil Rights Division on Monday reached an agreement with Penske Truck Leasing Co. resolving claims that the company violated the 1994 Uniformed Services Employment and Reemployment Rights Act (USERRA) by failing to reemploy and then terminating U.S. Air Force reservist William Mann after his return from required military training with […]
The Trucking Conditions Index from analyst FTR rose steeply in March, “reflecting the extremely tight capacity in the truckload sector.” The index rose more than a point, to 8.69, with FTR projecting that capacity will stay tight for the remainder of 2014. “There is a possibility for some relief of the tight […]
Bay & Bay Transportation of Rosemount, Minn., has acquired J&C Trucking of Baldwin, Wis. Terms of the deal were not disclosed. Bay & Bay said the purchase will expand its tank division by 50 percent. J&C was formerly Bay & Bay’s main competitor in the Minnesota-Wisconsin market for hauling dry bulk commodities […]
ROAR Logistics has acquired Phoenix-based Legend Transportation Group (LTG). Through the purchase, ROAR adds LTG’s less-than-truckload systems and services to its third-party logistics services offerings. ROAR’s acquisition includes LTG’s headquarters location in Phoenix, giving ROAR two western U.S. operations. Financial terms of the deal were not disclosed. ROAR is a subsidiary […]
The New York Shipping Association, the ILA and American Legion will hold a job fair focused on hiring honorably discharged veterans for port jobs in the Port of New York and New Jersey.
Noting that crude oil shipment by rail has ballooned, three Congressmen have urged the STB to “work in concert with the railways to plan for the future needs of rail shippers in light of the projected growth in crude rail shipment.”
A large retail industry association said in a report that many imports sold in the United States may contain more U.S. parts and other content, in addition to supporting American jobs, than many consumers and policymakers realize.
Rescuers are searching for 11 missing crew members from a Chinese cargo ship that sank after colliding overnight with the MOL Motivator. The point of collision was south of Hong Kong, according to news reports, and the search for survivors is underway. One crew member was rescued early Monday after the collision, […]
The U.S. Department of Agriculture’s undersecretary for farm and foreign agricultural services, Michael Scuse, and a group of representatives from 28 trade associations and companies are in northeast China this week to promote U.S. agricultural exports to the market. The trade mission is part of President Barack Obama’s Made in Rural America export […]
Jim Oberstar, a giant in transportation policy for decades and a forceful advocate for infrastructure investment, died in his sleep Friday at his home in Maryland. He was 79. Oberstar was an 18-term congressman who represented Minnesota’s 8th congressional district for 36 years and served as chairman of the House Transportation and Infrastructure […]
MSC said it will start a new direct service connecting India, the Middle East, the Red Sea and the United States.
The logistics security services firm FreightWatch International said in the first quarter of 2014, it recorded 206 full-truckload cargo theft incidents in the United States, with 82 thefts in January, 46 in February and 78 in March.
Air freight was up 5.9 percent in March compared to the previous year, and capacity was also up 3.4 percent, according to information released Monday by the International Air Transport Association. IATA noted that business conditions in the United States and Europe provide “a reason to be cautiously optimistic for a resumption of […]
One month into the second quarter of the year, most Class I railroads are exceeding traffic expectations, according to Cowen and Company. Norfolk Southern is leading the pack, exceeding growth expectations laid out by the analysts, with Kansas City Southern, Union Pacific and Canadian National following closely behind. Canadian Pacific is the only […]
