Domestic truck tonnage inched up 0.6 percent in March after rising by 1.9 percent in February, according to the American Trucking Association’s For-Hire Truck Tonnage Index.
During the first quarter of 2014, Delta Air Lines saw its cargo operating revenue fall 9 percent, year over year, to $217 million, but strong passenger numbers helped overall operating revenue increase by 5 percent, compared to the first quarter of 2013. Officials blamed the cargo loss on lower yields and volumes. […]
Cargolux shareholders have approved issuing additional shares in the company to generate $175 million in capital enhancements. In addition, the state of Luxembourg, which had held 35 percent of the company since Qatar Airlines sold its stake in January 2013, has closed a share sale to Henan Civil Aviation and Investment Co. for […]
California’s Port of Redwood City’s new $17-million wharf, the first new wharf for cargo ships in the San Francisco Bay area that meets the newest structure standards, the port said, opens Wednesday. The modern wharf replaces a 60-year-old wooden wharf, and will be used to dock the largest dry bulk ships passing through […]
Third party logistics services provider Pantos Logistics has expanded its international parcel delivery business by cooperating with Seino Transportation Co., Ltd., the largest ground transportation company in Japan. The joint service, named SP Express Co., Ltd., will be fully operational in Japan by the end of the month, the companies said. The service […]
The non-vessel-operating common carrier ECU-LINE has opened two new offices in Malaysia, the company said Wednesday. The offices are located in Port Klang and Penang, with operations due to begin May 2. “Our growing expansion in key markets of Asia, including Malaysia, is a step forward in our goal to integrate our […]
The Port of Houston Authority said Tuesday that the U.S. Army Corps of Engineers has furnished it with a draft permit for the channel leading to its Bayport Container Terminal. Executive Director Roger Guenther told port authority commissioners that the draft permit for Barbours Cut channel dredging will follow soon. The projects […]
The Surface Transportation Board has released its yearly revenue shortfall allocation methodology (RSAM) and revenue-to-variable cost ratio statistics.
The Federal Aviation Administration announced Monday that the first of six test sites that will perform unmanned aircraft systems (UAS) research is now operational.
Canadian Pacific took in CAN $1.509 billion ($1.369 billion) during the first quarter of the year, a 1-percent rise when compared to the same quarter in 2013. In a press release, the company said the first quarter of 2014 generated the best first-quarter results in company history. Operating expenses fell 4 percent, year […]
Pritzker U.S. Secretary of Commerce Penny Pritzker on Thursday announced that the Department of Commerce will expand its overseas resources to help U.S. businesses navigate additional global markets and sell their goods and services to customers all over the world. The department’s International Trade Administration will add a total of 68 new positions and […]
The European Commission has bolstered the intra-Europe marketplace for maritime services by clarifying cabotage rules, giving better legal clarity to shippers and shipowners.
McAuliffe The governor of Virginia said APM Terminals is hoping to sell its state-of-the-art container terminal in Portsmouth and that talks will begin soon, according to an article in the Virginia Pilot. But, Gov. Terry McAuliffe told the newspaper that the price APM Terminals has asked for the facility was “unreasonable and unacceptable.” […]
FMC reviews 43 OTI license applications
The U.S. Federal Maritime Commission has received 43 ocean transportation intermediary license applications and changes for review.
The Federal Motor Carrier Safety Administration found Friday that the current insurance requirements for truckers are “inadequate to meet the costs of some crashes,” according to a report prepared for Congress.
In response to a request last week by the Surface Transportation Board, Canadian Pacific has said it will not add any capacity in order to increase the flow of fertilizer to farmers in the Midwestern states.
Foxx Transportation Secretary Anthony Foxx visited the site of the I-635 LBJ Freeway East project in Dallas on Friday, marking the end of his five-day bus tour and stressing how investment in infrastructure will help create a better world for future generations. “Throughout our history, Americans have always been able to leave their […]
The U.S. Commerce Department said Friday it will initiate an investigation into a U.S. sugar producers’ anti-dumping and countervailing duty petition against Mexico. The petition was filed with the Commerce Department on March 28. The U.S. International Trade Commission is also part of the investigation. Dumping occurs when an overseas company sells […]
The Arizona DOT put out a warning last week that Mexican truckers may act on the threat of a blockade along the border crossings with Arizona if conditions for the drivers do not improve.
