Copenhagen-based consulting firm SeaIntel predicts that ultra-large vessels, in excess of 18,000 TEUs, will double their market share on east-west routes by the end of 2018.
The Atlanta-based parcel giant recorded a net income of $1.38 billion on revenues of $15.75 billion for the quarter, as its U.S. Domestic Segment thrived from growing demand for e-commerce deliveries.
Data show that between January and June of this year, the East Coast’s busiest seaport handled 3.2 million TEUs, compared to 3.0 million units during the same period in 2016.
Crowley Logistics has been awarded a multi-year, $2.3 billion contract to provide transportation and related services supporting U.S. Department of Defense activities in the U.S. and Canada.
The east lane of the Panama Canal’s Miraflores Locks will be closed from 10:00 p.m. on Monday, July 31 until 11:59 p.m. on Thursday, Aug. 10, according to a statement from the Panama Canal Authority (ACP).
The Honolulu-based cargo carrier’s new biweekly service is scheduled to call at three Marshall Islands ports — Kwajalein, Ebeye and Majuro — beginning in the first quarter of 2018.
The Thomasville, N.C.-based less-than-truckload carrier reported a net income of $98.4 million for the second quarter of 2017, a 20.9 percent increase from the same three-month period a year ago.
Future supply chain companies will suffer from a poorly-developed workforce if companies do not adapt to digitalization and enable younger generations to fill supply chain roles, according to a recent survey from DHL.
The non-profit Yangtze River Economic Belt Shipping Alliance, which was established in Shanghai on July 20, is made up of nine port operators, while the Yangtze River Economic Belt Financial Leasing Alliance consists of five financial leasing companies.
The Long Beach Board of Harbor Commissioners elects new board president, vice president, and secretary; MacroPoint hires chief financial officer; and Union Pacific appoints board member.
Manufacturing for defense The president has issued an executive order for a report and potential policy to ensure national security is upheld and protected through manufacturing and defense industrial supply chain readiness. Aluminum extrusions from PRC The International Trade Administration is circumventing the AD and CVD orders on aluminum extrusions from China. EC responds to […]
Representatives from the air cargo industry told House lawmakers Tuesday that the current method and number of data elements supplied to CBP’s Air Cargo Advance Screening program are sufficient.
The takeover will boost Samskip’s terminal, warehousing and haulage services in Norway, but is still subject to approval by Norway’s competition authorities.
The number of newbuild vessel orders placed during the first half of this year is less than half of the amount placed during the same period two years ago, according to recent data from ship valuation service VesselsValue.
Fueled by a 15 percent increase in income from railway operations and a record operating ratio, Class I railway Norfolk Southern’s earnings during the quarter shot up 23 percent to $497 million, according to the company’s most recent financial statements.
Association of American Railroads President and CEO Edward Hamberger called on the Surface Transportation Board to withdraw pending proposals he says are not consistent with the deregulatory goals outlined in the Staggers Rail Act of 1980.
Bremen-based shipping company Harren & Partner reached a deal with “K” Line, Tokyo to acquire SAL Heavy Lift on Thursday.
The air cargo industry is urging Capitol Hill lawmakers to keep up pressure on the Transportation Security Administration to expand its freight screening capabilities through the use of third-party explosive detection canine teams.
The seasonally adjusted For-Hire Truck Tonnage Index stood at a reading of 138.5 in June, down 4.3 percent from the prior month’s reading of 144.7, according to the American Trucking Associations.
The Federal Trade Commission is investigating allegations that the e-commerce giant is using “deceptive discounting” measures in online sales, according to a report from Reuters news service.
