China COSCO Shipping’s port terminal operator arm increased profits 53 percent for the quarter as throughput and revenues rose from the third quarter of 2016.
The Commerce Department has initiated antidumping duty investigations into imports for forged steel fittings from China, Italy and Taiwan, and will conduct a countervailing duty investigation into these same products from China.
To reduce diesel emissions, Impact Transportation is buying nine new forklifts and a yard tractor, all of which will run on either propane or diesel fuel.
Qatar Navigation (Milaha) recorded a net profit of QR 363 million (U.S. $96 million) on operating revenues of QR 1.66 billion for the nine months ending September 2017, a significant reduction compared to the same period in 2016.
The World Trade Organization said the U.S. government’s “dolphin-safe” labeling requirements for tuna complies with the trade body’s rules, but Mexico has vowed to continue fighting it.
Montreal, Canada-based Class I railway Canadian National (CN) plans to hire 600 new conductors and crew members to make up for higher-than-expected layoffs and strong North American freight demand, according to a report from The Financial Post.
Total freight handled at Ports of Indiana cargo terminals exceeded 8.1 million tons through the first nine months of the year, the second highest volume during the same period of any year in the statewide port authority’s 56-year history.
Following a statement from IMO Secretary-General Kitack Lim, InfluenceMap Executive Director Dylan Tanner has again called out the International Maritime Organization and industry lobbying groups in the fight for effective, enforceable climate regulations.
157 names removed from SDN List The Department of the Treasury’s Office of Foreign Assets Control has removed 157 names from the Specially Designated Nationals and Blocked Persons List (SDN List) previously blocked pursuant to Sudan sanctions authorities. Report: Promoting Energy Independence and Economic Growth Through Deregulation This Department of Commerce report identifies and addresses […]
The purchase of 72,000 53-foot chassis from rival TRAC Intermodal expands Direct ChassisLink, Inc.’s (DCLI) asset base as the company builds a single platform to manage marine and domestic chassis.
The Clean Ports Act and Port Drivers’ Bill of Rights were introduced in the U.S. House of Representatives by Reps. Grace Napolitano, D-Calif., and Jerrold Nadler, D-N.Y., respectively.
The Atlanta-based parcel giant reported increased revenues in all of its business segments, but net income still fell 0.5 percent from the same period in 2016 due in part to the impacts of hurricanes Harvey and Irma in the U.S. Southeast.
The Jacksonville, Fla.-based Class I railroad’s newly appointed chief operating officer, James Foote, previously worked for Canadian National Railway with current CSX chief executive officer E. Hunter Harrison.
The increase in net income at the Norfolk, Va.-based Class I railroad was driven primarily by an 11 percent rise in income from railway operations, according to Norfolk Southern’s most recent financial statements.
The French ocean carrier will purchase the containerships from Hansa Treuhand with a price tag that is 87 percent less than what they originally cost in 2008, according to multiple media sources.
Less-than-truckload (LTL) carrier Old Dominion Freight Line ended the third quarter of 2017 with double-digit percentage increases in net income, revenues and diluted earnings per share, according to the company’s most recent financial statements.
The integrated freight matching and transportation execution platform that originally launched for carriers and shippers has expanded to include third-party logistics providers (3PLs) and brokers.
The transportation and logistics service provider will consolidate and ship cargo via its Dallas/Fort Worth and Los Angeles gateways into Mexico for a faster, more efficient cargo service, Pilot Freight Services said in a statement.
Cloud-based TMS provider Logistically will integrate the less-than-truckload (LTL) technology provider SMC3’s RateWare XL and CarrierConnect XL products for its broker and shipper users.
The Commerce Department has preliminarily determined that steel wire rod from Italy, South Korea, South Africa, Spain, Turkey, Ukraine and the United Kingdom are being dumped on the U.S. market and will begin imposing duties on those imports.
