North American intermodal rates increased another 5.8 percent for the month compared with the same 2017 period, the 18th consecutive monthly year-over-year increase, according to the latest Cass Intermodal Price Index.
Growth in domestic truckload rates accelerated to 7.2 percent for the month compared to March 2017, following year-over-year increases of 6.5 percent in January and February, according the latest Cass Truckload Linehaul Index.
U.S. Rep. Duncan Hunter Jr., R-Calif., told President Donald Trump that he has national security concerns about the global port operator, which plans to lease the port for 50 years.
Two World Trade Organization dispute panels will examine antidumping and countervailing duties on imports of softwood.
The Southern California port saw a 13.8 percent year-over-year increase in container cargo volumes in March to 575,258 TEUs.
The U.S. House of Representatives passed the STB Information and Security Act (H.R. 4921) and the FRA Safety Data Improvement Act (H.R. 4925) on Tuesday.
Volumes of containerized cargo at the mid-Atlantic port rose 8.7 percent year-over-year to 252,230 TEUs for the month, according to the latest data from the Virginia Port Authority.
The Mexican economy minister bets there’s an 80 percent chance a “deal in principle” can be reached by early May.
President Xi’s words at the Boao Forum for Asia come after President Trump tweeted complaints about China car tariffs and threatened a second round of “Section 301” tariffs against the country.
The third-party logistics provider will seek to raise 1.3 billion Swiss francs (U.S. $1.36 billion) in an initial public offering on the SIX Swiss Exchange that also will see CEVA’s headquarters moved from Hoofdorp, Netherlands, to Baar, Switzerland.
Despite Class I railroads thriving financially in 2017, just last month, the Surface Transportation Board cracked down on the railroads over deteriorating service after hearing from concerned shippers.
AlixPartners says carriers need to address the dual challenges of rising costs and oversupply.
The Jacksonville, Fla.-based AMPORTS has vehicle terminals and processing facilities in ports on the East and West coasts of both the United States and Mexico.
Transportation and logistics companies added 9,800 jobs in March 2018 following two consecutive monthly gains in January and February, according to recent preliminary data from the U.S. Department of Labor.
The world’s largest containership lessor named Ryan Courson chief financial officer, a 29-year old who joined the company last month as senior vice president of corporate development.
The United States increased beef, pork and lamb exports during the month in terms of volumes and value compared to February 2017.
The State Department said the agreement will strengthen commercial and economic ties between the countries.
Patriot Rail Co. has appointed a new chief commercial officer, while JAXPORT has named its director of government affairs.
The “eco-friendly mega containerships” are part of the Korean carrier’s plan to grow its fleet’s carrying capacity to 1 million TEUs.
According to the European Commission, international shipping accounts for 2 percent to 3 percent of all global greenhouse gases emissions, a number that is projected to rise along with the growing world economy.
