COSCO reports 9 percent revenue increase
Chinese carrier sees container volumes rise, except on the trade lane between Asia and Europe.
Chinese carrier sees container volumes rise, except on the trade lane between Asia and Europe.
Drewry says leasing companies are expected to own 54 percent of the world’s shipping container fleet by 2020.
DOT outlines exemption procedures for air taxi operators planning commercial drop-offs
Industry veterans Marty Freeman, Paul Bell and Ian Scarffe take on new roles.
Elemental sulfur would be added and potassium acid tartrate would be reclassified.
High-tech cruise terminal is the largest project in the port’s history.
Initial work will make the narrow-gauge rail line system technically and economically operable.
The baseball team is considering Howard Terminal as stadium location
Shippers, logistics service providers and trade software firms can integrate existing solutions with Vault using only a few lines of code.
After suffering sustained losses in recent months, one measure of container freight rates spiked 12.8 percent last week, but another slipped 1.9 percent from the previous week.
NYK Line, MOL and “K” Line, which combined forces April 1 as the Ocean Network Express (ONE), reported a combined loss of $136.6 million in their last fiscal period as separate entities.
Testifying Thursday before a House Energy and Commerce subcommittee, Trump administration officials pushed for passage of the Foreign Investment Risk Review Modernization Act of 2017.
The comments from the Maersk Group CEO come amid a precipitous drop in container freight rates that could threaten carrier profitability in 2018.
The Parliamentary Transport Committee has requested industry input for its review of potential effects on freight transport operations and infrastructure as the country splits from the European Union.
The less-than-truckload motor carrier posted an on-time delivery rate of 99 percent during the quarter as well as higher net income and revenues.
The annual growth rate of 2.3 percent in the first quarter is down from 2.9 percent the previous quarter.
The Class I railway increased net income, revenues and volumes during the quarter from the prior 2017 period.
The trucking and logistics company’s operating revenues for the first quarter of 2018 surged 20.6 percent year-over-year to $156.7 million.
A logistics powerhouse in Africa, the French company allegedly “provided discounted communications advice” in Guinea and Togo in exchange for licenses to operate container ports.
An industry association elects 2018-19 officers and Air Partner appoints interim chief financial officer.