American Shipper

Commerce Department will examine whether foreign aluminum production subsidies have made U.S. more vulnerable

During the quarter, COSCO SHIPPING Holdings Co., Ltd. reported a higher net profit, revenues and volumes compared to the corresponding 2016 period.

The partnership is bringing together BluJay’s transportation management solutions with FourKites’ real-time freight visibility and orchestration platform.

The Commerce Department’s International Trade Administration projected that rising oil and gas prices worldwide will spur an increase in U.S. oil and gas equipment exports during the next four years.

E-commerce growth and continued developments in specialized markets like the pharmaceutical industry will only serve to bolster air cargo growth, according to Alexandre de Juniac, director general at the International Air Transport Association.

The Oak Brook, Ill.-based multi-modal transportation management company posted net income of $10.3 million for the quarter compared with nearly $18 million in the same 2016 period despite revenues growing 10.9 percent to $893.4 million.

7LFreight will provide a feed of general air and ground market data to Catapult, and Catapult will provide 7LFreight’s customer base access to its ocean rate managed services offering.

After falling in 19 of the previous 21 months, railway employment levels in the United States ticked up for two consecutive months in February and March 2017, according to recent data from the U.S. Surface Transportation Board.

The largest owner of open-deck transportation equipment in North America will acquire open-deck specialists The Schilli Cos., headquartered in Indiana, and Winnipeg, Canada-based Big Freight Systems as part of Daseke’s North American expansion plans.

Ocean carriers Gearbulk and Grieg Star have completed and launched a new joint venture called G2 Ocean that will focus primarily on the operation of their combined fleet of open hatch, semi-open hatch and conventional bulk vessels.

The U.S. Justice Department on Monday said Import Merchandising Concepts and two individuals agreed to pay $275,000 to resolve allegations that the company evaded customs duties on imports of wooden bedroom furniture from China.

The world’s largest container carrier said its orderbook amounts to about 11 percent of its current capacity, but with scrapping and redelivery of chartered ships, it expects to grow in line with main competitors.

Commerce department slaps countervailing duties on Canadian lumber

Canada trade officials court China as buyer of softwood lumber as rift grows

Caterpillar ensures each of its 40,900 U.S. employees aware that their livelihood and company’s brand depend on international trade

Trump indicates he wants to renegotiate U.S. free trade deal with Pacific Rim ally.

In segments described as liner or containership operations, NYK, MOL and “K” Line reported a combined loss of 77 billion yen (U.S. $691 million) for the fiscal year ending March 31, 2017, resulting from historically low freight rates.

Domestic airports, ports and toll roads will see healthy growth in 2017 “despite longer-term questions brought on by shifting economic, trade and fiscal policies,” according to Fitch Ratings’ latest U.S. Transportation Trends special report.

The Subcommittee on Coast Guard and Maritime Transportation will hear an argument that foreign carriers should not be permitted to collectively negotiate rates with domestic maritime service providers because it gives them an unfair advantage.

The Athens, Greece-based containership leasing company recorded a net income of $23 million on voyage revenues of $105.5 million for the first quarter of 2017, a year-over-year decline of 34.2 percent and 12.3 percent, respectively.