Both the Port of Vancouver in British Columbia and the Virginia Port Authority have hosted record-size container vessels at their terminals in recent days.
President Donald Trump said in a recent interview with Bloomberg News he would “certainly consider” raising the federal gas tax, which has not been increased since 1993, but many Republicans have already expressed strong opposition to the idea.
The agreement will enable the global port terminal operator to invest in and develop India’s maritime infrastructure and economic trade zones over the next several years, DP World said in a statement.
The consolidation from four major east-west container carrier alliances to three is designed to improve operational efficiency and profitability for the carriers, but it may also limit service options for shippers and increase total landed costs.
The aircraft lessor and air cargo transportation provider reported net earnings of $10 million on revenues of $237.9 million for the first quarter of 2017.
The Darien, Conn.-based short line and regional railroad operator also released its first quarter 2017 financial results.
The air cargo services provider reported an income from continuing operations, net of taxes, of $0.04 million for the first quarter of 2017, compared to $0.5 million for the corresponding period in 2016.
The European Commission has given the green light for the acquisition of the Netherlands-based Vanderlande by Toyota Group subsidiary Toyota Industries Corp., less than two months after the agreement was announced.
Acquired from AerCap, the Boeing 747-400ERF cargo plane joins two other freighter aircraft in CargoLogicAir’s fleet out of the United Kingdom.
Iron ore shipments on the Great Lakes and St. Lawrence Seaway totaled 5.8 million tons in April 2017, topping the month’s five-year average by almost 21 percent, according to the Lake Carriers’ Association.
Roadrunner unveils new management team, Flexport hires senior vice president and global head of airfreight, Logistec appoints executive vice president, and Celadon names president and chief operating officer, and president of Celadon Trucking.
Gelnius, a spin off of freight forwarder SEKO Logistics’ technology division, will provide an order-to-cash transportation management system for enterprises and a “Lite,” modular version of the TMS in late summer.
The Cudahy, Wis.-based asset-light transportation and logistics services provider received a $540 million redeemable preferred stock investment from affiliates of private investment firm Elliott Management.
The state-owned shipping conglomerate will pay about $1.78 billion to have contracts for 14 containerships transferred from subsidiary COSCO SHIPPING Development Group, formerly known as China Shipping Container Lines (CSCL).
A small aircraft owned by Air Cargo Carriers that was carrying UPS packages ran off the runway into a wooded area after its wing struck the ground, according to early press accounts of the incident.
Since last Friday, the Shanghai Containerized Freight Index fell on trades from Shanghai to Europe, the Mediterranean and the United States.
Dubbed the Alert ELD system, the new electronic logging device mandate compliance solution is registered and certified with the U.S. Department of Transportation’s Federal Motor Carrier Safety Administration.
North American intermodal freight volumes in the first quarter of 2017 ticked up 2 percent to 4.2 million units compared with the same 2016 period, according to the Intermodal Association of North America.
Neel Jones Shah, who previously served as chief operating officer of Delta Cargo and currently sits on the board of Florida-based cargo airline Amerijet, joined technology and data-driven freight forwarder and customs broker Flexport as head of airfreight.
The U.S. Coast Guard is looking into four laser light “strikes” on commercial vessels that occurred between midnight and 3:00 a.m. on Wednesday in the southern Chesapeake Bay, according to a report from the Baltimore Sun.
