Oil executive quoted as saying ship will be sold unless $10 million paid.
New Jersey Governor said he was “not unsympathetic to the merits of the bill,” but it was premature to consider withdrawal without a similar proposal in New York.
The ocean carrier benefited from better recovery of fuel costs and higher volumes in first quarter 2015.
The third-party logistics provider had revenues of $1.78 billion in first quarter 2015.
The ocean carrier expects to close on its acquisition of Horizon Line’s Alaska business in second quarter.
The carrier’s new Turkey Israel Express Service will connect the ports of Damietta and Port Said in Egypt with Mersin, Turkey and Haifa, Israel.
The stevedoring and ocean freight company’s new vessel Marjorie C can carry both containers and roll-on/roll-off cargo.
The truckload freight and logistics provider had net profits of $21.8 million in first quarter 2015.
Industry icon Joe Brunson founded the Winnsboro, Texas-based freight forwarder Team Worldwide in 1979.
The railroad will invest $4.2 billion across its network this year for track maintenance, signal systems and road and bridge repairs.
International Association of Ports and Harbors elects Americas region VP, while GAC appoints executive group vice president of Oil and Gas.
The third-party logistics provider also cut its first quarter loss in half.
Ocean carrier Maersk Line says it has not yet received court judgment pertaining to the arrest of the containership by Iranian authorities.
Energy and Water appropriations bill includes infrastructure funding and policy measures favored by the transportation sector.
Ronald Boyd is alleged to have a business interest in port security technology bought by L.A. port authority.
The proposal, which modifies the pricing structure for dry bulkers, LNG and LPG vessels, will be implemented along with a customer loyalty program.
Suez Canal emergency response boats help put out the fire on a 13,102-TEU Hanjin vessel.
The airfreight carrier reported net profits of $3 million for the year on revenues of $2.1 billion in its yearly financial statements.
UPS appoints new global sustainability director, while Port of Prince Rupert adds board member.
Experts say the benefits and impacts of free trade agreements like the Trans-Pacific Partnership are overhyped.
U.S. Naval Forces Central Command has begun accompanying U.S.-flagged maritime traffic in the Strait of Hormuz.
Shanghai Index shows rates have increased to the West Coast, but are still below the TSA recommendation.
Acquiring the Norwegian bulk liquid transport and logistics service provider will allow HOYER to expand its petroleum solutions business in Northern Europe.
JDA’s user conference highlighted importance of managing omni-channel fulfillment profitably, and where transportation management fits in that equation.
Most ships should proceed to berth immediately or within a few days, according to the Marine Exchange of Southern California.
Ocean carrier China Shipping reported a nearly 306% year-over-year increase in net profits during first quarter 2015.
The railway reported net income of $310 million on total operating revenues of $2.6 billion in first quarter 2015.
Members of the rail industry have asked Congress to extend tax credit.
CEO Steve Gunning said IAG will continue to explore asset light transportation solutions in 2015.
American Airlines Cargo will introduce services to Edinburg and Glasgow, Scotland, and Shannon, Ireland, in early May.
The third party logistics provider has started construction on a new 166,000 square-meter DC complex in Truganina, west of Melbourne.
Truckload and LTL provider saw improvement in both segments during the first quarter, including higher LTL operating income, despite lower revenues.
The LTL carrier said the 64 new liquefied natural gas tractors will join its operation in Harrisburg, Pa.
Antwerp-based foodcareplus will provide a refrigerated less-than-containerload consolidation service for seafood products from Canada to Europe.
Ingram Micro Mobility division’s new solution is aimed at helping mobile device makers refine their supply chains based on integration of existing data and external customer data inputs.
A major supplier to Dunkin’ Brands franchisees has started rolling out Manhattan Associates’ TMS and WMS solutions to increase efficiency and lower transportation and warehousing costs.
The railroad’s investment in the state will cover track maintenance, signal systems and road and bridge repairs.
Air transportation is the last mode to roll over advance manifest submission to Customs’ Automated Commercial Environment system.
Most businesses report minimal impact, despite claims from driver groups that the strike is causing “massive disruptions.”
Acquisition of French logistics giant Norbert Dentressangle clearly shows XPO has diverged from its initial strategy to roll up the North America freight brokerage market.
Panduit said the TMS will transform its highly manual process, allowing the company to consolidate shipments and providing improved visibility and more efficient freight settlement.
Department of Transportation Secretary Anthony Foxx gave Marine Highway designation to projects on the Mississippi River, New York Harbor, and the Potomac River.
Container throughput at the port was up 2.3% year-over-year for first quarter 2015.
The port terminal operator reported 10.5% growth in operating profits despite an 8.3% dip in revenues for first quarter 2015.
The trucking company increased earnings per share 25% year-over-year, but still fell short of analyst estimates, according to investment advisor Stifel.
The commodities, valued at $17 million, were funded through the USDA’s Food for Progress Program.
LTL carrier starts 2015 where it left off in 2014, with pricing discipline leading to profit increase of more than double its growth in revenue.
The South Korean government plans to add 15 berths to its Busan New Port to increase its container capacity by 15.8 million TEUs.
Nearly 1,000 new VW Jettas, Beetles and Golfs arrived at the port Wednesday.
The 3PL’s facility, located five minutes from the Portland International Airport, now includes a total of 154,675 square feet of space and 51 dock doors.
The new facility, which includes room for an additional 120 pallet spaces, will cater to increasing volumes of pharmaceutical and biotech shipments.
Ocean carriers NYK and “K” Line reported improved financial results, while MOL’s loss widened.
Roadrunner, Matchback Systems and Great Lakes Towing make executive and director-level appointments.
Maersk Line said the containership was fired upon and seized because of a dispute over 10 containers transported a decade ago.
XPO’s purchase of the French 3PL is the company’s first international acquisition and gives it a strong foothold in the European market.
A Senate amendment would preclude the U.S. from fast tracking the sprawling TPP trade agreement if it includes Malaysia due to concerns over the country’s handling of human trafficking.
Southwest Airlines cancelled some flights Tuesday after Monday’s riots over alleged police misconduct.
Report from bond rating agency Moody’s predicts “minimal impact” to U.S. East Coast volumes when the expanded waterway opens next year.
Freight forwarding and logistics subsidiary CMA CGM LOG plans to expand into a dozen countries this year.
Rep. Price pressed Customs to submit a better plan for ocean cargo security than inspecting all containers at foreign ports.
The third-party logistics provider had a net income of $106.48 million on revenues of $3.3 billion in first quarter 2015.
Commerce Department’s initial estimate shows GDP grew just 0.2 percent in first quarter 2015.
The French port increased total throughput 6.9% year-over-year in the first quarter, driven by strong growth in container and crude cargoes.
New administrator of the Transportation Security Administration Peter Neffenger is second in command at the U.S. Coast Guard.
Vacancy at cargo facilities in proximity to the nation’s leading airports is low, driving up rents for those who use the space, according to a report from market analyst JLL.
The Port of Long Beach has completed the final environmental impact report for the Mitsubishi Cement facility modification project.
Number of ships at anchor has dropped from 28 on March 14 to one or none.
Rickmers, which manages the ship for Maersk said Iranian navy fired “warning shots” at Marshall Islands-flagged Maersk Tigris.
Los Angeles Mayor Eric Garcetti’s office says there are “plenty of trucks and drivers.”
More needs to be done about these “unfair and unreasonable” fees, according to a joint letter from 94 industry organizations.
The parcel giant reported improved profitability across all business units in the first quarter 2015, thanks primarily to new pricing initiatives, revenue management and strong growth in international volumes.
ILWU is planning a rally and march against police violence during its regular stop-work meeting.
BNSF Logistics said it will integrate the specialized road equipment for towers with its wind turbine blade transport service, dubbed “Blade Runner.”
The port benefited in March from shippers avoiding congestion at West Coast ports.
The Israeli ocean carrier has not made any definitive decisions, however, as it is still considering the potential impacts of the Panama Canal expansion.
The express parcel carrier has had success with similar helicopter services in New York and Los Angeles, providing early morning delivery services to the areas’ financial and legal firms.
Rates were lower in March 2015 than the previous year despite increasing slightly from February, according to the latest Cass Intermodal Price Index.
The Mississagi ran aground Saturday morning at Big Trout Island on the U.S. side of the St Marys River.
Global operator of Boeing 747 freighters Cargolux Airlines said it will temporarily ban the transport of lithium ion battery shipments, starting May 1.
The joint-venture company formed by the Public Investment Fund of Saudi Arabia and PSA International handled its first commercial containership last week.
UPS, AmeriQuest, AAPA, CEVA and Swissport make executive and director-level appointments.
The Netherlands-based express carrier said it expects 2015 to be a “challenging year of transition” after reaching a tentative $4.2 billion purchase agreement with FedEx.
House and Senate committees voted last week to extend the expiring trade preference programs.
Coast Guard organizations of Italy and Malta, along with merchant vessels, are bearing the brunt of rescue operations for migrants at sea.
Hutchison Port Holdings plans to invest $303 million by 2019 to expand the Oman International Container Terminal at the Port of Sohar, quadrupling container handling capacity at the port.
Recent growth of the Barcelona-based online freight forwarder has been propelled by $1.4 million in Series B funding.
The U.S. and European Union highlighted reforms in the garment industry following the 2013 factory collapse at a commemorative event.
Rates are at an all-time high thanks to increasing demand and “extraordinarily tight” capacity, according to the Cass Truckload Linehaul Index.
The highly popular trade community event will head to West Coast again this year, in addition to the regular Washington, D.C. conference.
American Waterways Operators elects new chairman, while Deutsche Post DHL Group shuffles Global Forwarding officers in wake of resignation.
The truck drivers are targeting four companies for now, but may expand the strike, according to Teamsters spokeswoman Barb Maynard.
A strike could come as soon as Monday, according to a statement from Teamster affiliate Justice for Port Truck Drivers.
Carriers should not be allowed to profit from congestion for which they are at least partially responsible, says agriculture group.
The 10-ship loop will call in South China, Vietnam, Colombo, New York, Savannah and Norfolk, and is designed to provide fast transit from Asia to New York.
Lawyers still need to be consulted, but the model has valuable input from expert shippers, says NIT League.
Rates are falling on major trade routes to Europe, U.S., according to the latest figures from the Shanghai Shipping Exchange.
Hong Kong-based liner carrier saw volume fall across all trades except for Asia-Europe, while revenue declined 3.2 percent amid tough operating environment.
The company made a deal with a German bank to acquire 14 vessels, including seven containerships, and took delivery of a 13,100-TEU ship.
The railway increased net income 8.3% to $1.2 billion compared to the first quarter 2014, according to Union Pacific’s latest financial statements.
Blakey will take a behind-the-scenes role at the pro-freight group.
