American Shipper

Port of Los Angeles says reforms are a “step in the right direction.”

Shipping lines need to reach agreements with GE Transportation in order for the PierPass 2.0 program to move ahead.

The LTL holding company recorded a net loss of $14.6 million, compared to $25.3 million last year.

The Hong Kong-based containership lessor reported a net profit of $67 million for the quarter as revenues rose 11.7 percent to $244 million compared with the same 2017 period.

The aircraft manufacturing giant will acquire KLX in a deal valued at $4.25 billion.

The $69.3 million deal includes 16 pressure barges with an aggregate capacity of about 258,000 barrels.

The strong growth came despite a slight year-over-year decline in transport volumes.

Transportation and logistics companies added another 400 jobs during the month following three consecutive monthly gains, according to recent preliminary data from the U.S. Department of Labor.

Total U.S. freight rail shipments climbed another 5.1 percent for the month following year-over-year gains of 5 percent in March and 3.3 percent in February.

Lou Rivieccio is named president of UPS Europe; Hapag-Lloyd appoints Lars Christiansen and Dheeraj Bhatia as region leaders.

The bi-weekly transpacific air freighter provides additional capacity as volumes grow

Deliveries provide significant uplift in capability in the region

Switcher units are being repowered at a Progress Rail facility

New Jersey governor sets up task force; California Supreme Court revises test for determining if a worker is an independent contractor.

The administration has reached agreements with South Korea, Argentina, Australia and Brazil regarding the imposition of tariffs on imports of steel and aluminum and extended negotiations with Canada, Mexico and the European Union until June 1.

Commissioner asks for documentation as the FMC considers restricting ocean carriers’ ability to assess detention, demurrage and per diem fees.

CEO Bradley Jacobs reports “healthy” diversification of customer verticals and service lines, continued growth in e-commerce demand and a record $972 million in new business secured in the first quarter.

Conclusion of pilot Customs program has been pushed back from July to December.

The multimodal transportation services provider is adding about 800 trucks and 4,000 containers.

The global third-party logistics provider has its sights set on further investing in technology after posting a year-over-year increase in revenues of nearly 15 percent.