American Shipper

Members of the International Longshore and Warehouse Union had failed to report for work to unload a Pasha ship in Hawaii.

Net orders for North American Class 8 trucks totaled 22,900 units in February 2017, up 5 percent from the previous month and 28 percent from the previous year, according to freight transportation analyst FTR.

The Hong Kong-based ocean carrier will charter a 5,576-TEU vessel from Diana Containerships starting April 8.

With capacity in the ocean carrier industry continuing to outstrip demand levels, many are left wondering what carrier is next in line for a merger or acquisition.

The Israeli ocean carrier’s revenues for the fourth quarter of 2016 totaled $653.5 million, down from $687 million for the fourth quarter of 2015.

The International Maritime Organization’s 0.5 percent sulphur cap regulation, set to go into force in 2020, could cause shipping industry fuel costs to jump by as much as $60 billion annually, according to a recent report from Wood Mackenzie.

Consolidated net profits for the year dropped 40.7 percent to 52.3 million Swiss francs compared with the previous year as tight peak season airfreight capacity and the collapse of South Korean ocean carrier Hanjin Shipping put pressure on margins.

Taneli Ruda, head of ONESOURCE Global Trade, has analyzed whether the Trans-Pacific Partnership is likely to move forward without the United States, and what approach the Trump administration will take on trade in general.

The National Development and Reform Commission said 11 shipping companies will cut terminal handling costs in China, according to the Shanghai Daily.

Demand for Iranian crude oil has increased in Europe since sanctions were lifted early last year.

The Shippers’ Advisory Committee said change is needed, and that all sectors of the air cargo supply chain industry must work together to drive the adoption of new technology and greater transparency.

Combined United States carload and intermodal cargo volumes increased for the fourth consecutive month in February 2017 following several months of year-over-year declines, according to data from the Association of American Railroads (AAR).

DASH Critical & Medical, which offers real-time tracking and monitoring of any eligible shipment, is available from 10 locations nationwide, with service to 89 mainland U.S. destinations and Hawaii.

CEO Nicolas Sartini said the period of uncertainty before its sale to CMA CGM is over and the brand is ready to flex its U.S. expertise and innovative spirit again.

United States gross domestic product increased 1.9 percent in the fourth quarter of 2016, according to the “second” estimate from the Department of Commerce, down from a 3.5 percent growth rate in the third quarter.

The containership owner and charterer recorded a loss of $139 million on revenues of $877.9 million for the full year of 2016.

The deal is increasing Direct ChassisLink’s fleet of owned, leased and managed chassis to approximately 133,000.

Kuehne + Nagel CEO Dr. Detlef Trefzger said the global third-party logistics provider increased market share in all business units in 2016.

The 2017 Great Lakes Shipping Season officially kicked off Tuesday, while the Soo Locks in Saulte Ste. Marie, Mich. are scheduled to open March 25.

The Montreal, Quebec-based supply chain solutions provider saw net profits jump 63.5 percent from the prior year period to $888,000 Canadian as revenues grew 11.5 percent to C$17.4 million, according to the company’s most recent financial statements.