Combined U.S. carload and intermodal cargo volumes increased 6.4 percent in May 2017 compared to the same period last year, according to data from the Association of American Railroads (AAR).
Three new cranes, with the option of purchasing an additional three cranes within five years, will be delivered to the South Florida seaport by 2019 as part of its $437.5 million expansion program.
Atlas Canada, a subsidiary of Atlas World Group, has acquired freight brokerage Connect Logistics of Mississauga, Ontario, for an undisclosed sum.
Omaha, Neb.-based Class I railroad Union Pacific will spend more than $318 million on infrastructure improvements across seven U.S. states this year in an effort to boost safety and efficiency.
U.S. reaches deal with Mexico on sugar subsidies, but it doesn’t please everyone
Federal Maritime Commissioner Rebecca Dye told the 29th annual Agriculture Transportation Coalition conference that consolidation in the ocean shipping industry isn’t necessarily a bad thing, while touting the benefits of incremental deregulation.
The world’s largest ocean carrier has piloted a program in four countries to offer loan capital to shippers and has recently expanded that facility to importers and exporters to the United States.
The Jacksonville, Fla.-based Class I railway’s shareholders voted 93 percent in favor of making the $84 million payment in connection with the retention of E. Hunter Harrison as chief executive officer.
The International Air Transport Association wants to break free from outdated processes that hold air cargo back and has adopted a resolution that it believes will accelerate the modernization of this industry.
The Northwest Seaport Alliance, which comprises the seaports of Seattle and Tacoma, has approved a $52 million purchase of four container cranes, plus an additional $2.9 million in terminal improvements.
In addition, Maersk Line has ceased accepting cargo between Qatar and various countries, including the United Arab Emirates, Saudi Arabia, Egypt, Bahrain and Yemen, as diplomatic tensions rise.
Terminals operated by the Georgia Ports Authority handled 350,104 TEUs in May 2017, an 11.68 percent increase from the same month last year.
The Northern California port’s rail profile could soon improve thanks to recent investments, according to Chris Lytle, executive director of the Port of Oakland.
According to the 2017 “UPS Pulse of the Online Shopper” report, 97 percent of online shoppers are buying on U.S. marketplaces and 47 percent made purchases from international retailers.
The Pacific Northwest port, along with the City of Burien, Wash., and real estate company Panattoni Development, broke ground Tuesday on a 26.2-acre site that will house two industrial airfreight warehouses.
U.S. and Canadian shipments in the Great Lakes dropped 5.4 percent in May 2017 compared to the same period a year ago, according to data from the Lake Carriers’ Association.
The International Air Transport Association (IATA) appoints chairman of board of governors, while SeaCube and Kuebix both name new chief executive officers, and BIMCO elects president.
The technology provider, which has championed the adoption of application programming interfaces (APIs) in multimodal freight, has unveiled a real-time, automated quoting solution for “tweener” less-than-truckload shipments.
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