American Shipper

The Atlanta-based parcel giant posted a net income of $4.9 billion for the full year on revenues of $65.9 billion, year-over-year increases of 30.1 percent and 8.2 percent, respectively, according to the company’s most recent financial statements.

President Donald Trump’s push for Congress to pass a bill that generates at least $1.5 trillion in infrastructure investments has gained strong support from various trade organizations.

The two emerging technologies unveiled near the Southern California port Wednesday include one geared toward reducing airport equipment emissions, and the other designed to curtail emissions from drayage trucks.

The Atlanta-based parcel giant’s additional order for 14 more 747-8 and four 767 freighters was fueled by increasing customer demand for air cargo capacity.

Now North America’s largest provider of truckload services, Knight-Swift Transportation Holdings recorded a net income of $447.6 million on revenues of $1.4 billion for the quarter, according to the newly merged firm’s most recent financial statements.

Hyundai Merchant Marine will transport 10 million tons of crude oil from the Middle East to South Korea over a period of five years, from July 1, 2019 through Aug. 31, 2024.

The Shippers Conditions Index stood at a “solidly negative” reading of -8.9 in November, according to freight transportation intelligence firm FTR.

Jeff Miles, who recently worked as a senior executive with the North Carolina State Ports Authority and a native Indianan, will serve as director of the Port of Indiana-Jeffersonville.

The United States Department of Agriculture’s Animal and Plant Inspection Service will start allowing orchid plant imports of the genus Dendrobium from Taiwan effective March 1.

U.S. Chamber of Commerce adds two to International Affairs division; Hoyer Group appoints chief financial officer; CEVA hires managing director for UK, Ireland and Nordics; and CSafe Global names two European sales directors.

The Japanese logistics company and its numerous subsidiaries operate in 44 countries across the globe, with its foothold in the United States dating back to 1962.

NYK Line, MOL and “K” Line, which will combine forces April 1 as the Ocean Network Express (ONE), all turned a profit during the nine months ended Dec. 31 after NYK and “K” Line posted substantial losses in the same 2016 period.

During Tuesday evening’s State of the Union address, President Donald Trump called on Congress to develop legislation that generates at least $1.5 trillion for new infrastructure.

Companies in the shipping and logistics industry would be wise to view every technological product and pitch as an attempt to gather their data.

Global air cargo demand rose 9 percent last year, more than double the 3.6 percent annual growth recorded in 2016, according to the latest data from the International Air Transport Association (IATA).

Port of Oakland Executive Director Chris Lytle said all transpacific services currently calling the port hit Los Angeles or Long Beach first, resulting in more imports being discharged at those ports instead of Oakland.

The ocean carrier will launch a new service network between Asia and South America’s West Coast, Mexico, Central America and the Caribbean in April.

The Texas port handled 38.3 million tons of cargo throughout the year, including 2.46 million TEUs, both of which were new records for the port.

Jawaharlal Nehru Port Trust’s (JNPT) fourth terminal commenced operations with last week’s berthing of CMA CGM’s Centaurus.