Dakota Granite Co., Zinifex Taylor Chemicals and 11 other shippers brought a suit against BNSF, CSX Transportation, Norfolk Southern and Union Pacific in 2007. The plaintiffs alleged the carriers illegally imposed surcharges from 2003 to 2008.
The automotive supplier division of the U.S. conglomerate Johnson Controls, Inc. (JCI) has filed a lawsuit in U.S. District Court against its long-time freight payment and audit vendor, TransVantage Solutions.
It’s not clear how the company will deploy the ships. Maersk and most large shipping companies have deployed their largest ships in the Asia-Europe trade lane, but such strings generally require about 10 vessels.
For the first 16 weeks of the year, total railroad traffic in the United States has grown by nearly 1 percent over 2012’s figures, according to the Association of American Railroads. The organization measured total carloads and intermodal units of 8.2 million on April 20, showing a 0.7-perecent bump over last year. Total volume, […]
Massive changes to the U.S. export control regime are beginning to be made by the Obama administration, but the automatic budget cuts that kicked in March 1 are limiting the Bureau of Industry and Security’s ability to educate shippers about the new rules and how to follow them, Eric Hirschhorn, undersecretary for industry and security […]
Cargo interests worry the Army Corps of Engineers’ slow bureaucracy and the paucity of congressional appropriations for increasing the depth and width of entrances to key commercial ports is increasing the cost of shipping goods.
The U.S. Federal Aviation Administration suspended all employee furloughs and said air traffic control facilities returned to regular staffing levels by Sunday evening after Congress passed legislation Friday giving the agency flexibility.
TNT Express’ first-quarter results show a 4.5-percent drop in revenues to 1.7 billion euros ($2.2 billion) on weak performance in Europe, the Middle East and Asia. In Europe and the Middle East, TNT saw increased price pressure leading to a revenue drop, but the decline could have been much worse had it not […]
China’s air cargo volume rose to 487,000 tons in March, a 4-percent year-over-year increase on the way to a three-month finish of 1.3 million tons, according to the Civil Aviation Administration of China. Year to date, Chinese air freight is 4.7-percent ahead of 2012’s activity. The latest figures showed that new air cargo […]
The liner carrier MOL said last week its vessel on-time arrival rates rose on the Asia-U.S. West Coast lane from the last quarter of 2012 to the first quarter of 2013. However, on-time rates deteriorated on the other four lanes it measures. MOL’s Asia-U.S. West Coast on-time percentage rose during the quarter […]
Cargo theft in North America stayed flat, year over year, in 2012 as European theft rates rose by 24 percent, according to FreightWatch International. Cargo theft in Asia also increased. According to the company, however, the greatest theft threats still exist in Brazil, Mexico and South Africa. Last year, about 6,800 thefts […]
Officials with the International Civil Aviation Organization are currently negotiating a new lease for their headquarters in Montreal, but another suitor has emerged. Qatar has proposed that ICAO make Doha the permanent seat of the organization, starting in 2016. Qatar’s offer, according to ICAO’s rules, must be considered by the organization’s 191 […]
The measure, which follows similar action taken by the Senate Thursday evening, would give the FAA leeway to move money from a grant program for airport improvements to cover personnel costs and leave air traffic controllers in their jobs full time.
The Chinese liner company’s report to the Hong Kong Stock Exchange said its container shipping business had revenue of 9.2 billion yuan in the first quarter, 14.3 percent more than in the first quarter of 2012.
U.S. Gross Domestic Product grew 2.5 percent in the first quarter, according to a preliminary estimate issued by the Department of Commerce Friday. The increase was less than many analysts had expected after 0.4 percent growth in the fourth quarter. The increased productivity was aided by personal consumption, private inventory investment, exports and […]
“The fact that we have reached agreements well before our current contracts expire is a testament to the skills and determination of all those involved in these negotiations,” said Scott Davis, UPS’ chief executive officer.
Hong Kong-based OOCL had revenue of $1.36 billion in the quarter, 3.6 percent more than in the same 2012 period. Container volumes in the first quarter were 1,241,454 TEUs, down 0.3 percent from the same 2012 period.
The Austrian freight forwarder ACS Logistics will use the ediEnterprise solution of logistics software developer CargoWise. ACS was founded in 2011 and is managed by industry veterans Gerald Kleeberger, Ulrich Hartwig and Thomas Sticht. It offers global air and ocean freight, as well as integrated logistics solutions in Austria. “We see ourselves […]
Old Dominion generated $532.6 million in revenue during the first quarter, a 7.1-percent increase, year over year. Net income rose by 30.4 percent to $40.6 million for the North Carolina-based less-than-truckload company. These strong financial results are rooted in operational growth. Old Dominion experienced a 3.5-percent increase in total tonnage to 1,717 […]
The bill which was passed Thursday night will allow the agency flexibility to move funds between accounts and end furloughs of air traffic controllers that have caused flight delays since being implemented Sunday under a budget-cutting mandate.
