Using analytics to drive automated decision-making can make companies less dependent on single human resources, according to MercuryGate CEO Monica Wooden.
An estimated 1.69 million TEUs of vessel capacity is expected to be delivered in the coming year, more than twice the amount projected to be sold for scrap, according to a recent report from maritime shipping analyst Alphaliner.
Starting April 1, 2017, the Berkshire Hathaway-owned Class I railway will offer discounts of $300 per carload for ethanol shippers that opt to use the newer, safer DOT-117 model tank cars.
The Israeli shipping company’s signed deal with Avvashya-CCI includes a wide range of services in India, including land transportation, customs clearance, warehousing and depot facilities, and special cargo services.
The Icelandic shipping company has strengthened its position in worldwide reefer logistics services by acquiring 80 percent of the forwarding company Mareco N.V.
The truckload transportation and logistics provider’s earnings per share fell short of analyst expectations in the fourth quarter of 2016.
The airport handled more cargo tonnage in 2016 from a year prior, thanks to more international cargo transport, which was partially offset by declines in domestic cargo transport.
South Carolina Department of Commerce names new director of international strategy and trade, while Midwest Association of Rail Shippers elects 2017 officers and Roadrunner Freight appoints senior vice president of sales and marketing.
COSCO Shipping Ports Ltd. and CMA CGM Terminals Holding signed a worldwide memorandum of understanding to seek cooperation at ports worldwide, with preference being given to ports called by the Ocean Alliance.
Half of companies in Mexico’s export manufacturing program need more liquid cash reserves to cover import taxes.
Cuban-origin cargo marks the beginning of what’s expected to be a promising, although modest, U.S. trade.
Hyundai Merchant Marine said it expects to receive funding from a new South Korean government shipping entity, which will buy and charter back vessels to the shipping company.
The Class I railway has also raised its quarterly dividend and has named six people to new positions and duties.
While the Shanghai Containerized Freight Index showed spot rates averaged 7 percent less in 2016 compared to a year prior, the China Containerized Freight Index illustrated an even greater drop, with declines especially prominant to the United States.
Montreal, Canada-based Class I railway Canadian National saw net income tick up 2.9 percent year-over-year to C$3.64 billion (U.S. $2.78 billion) in 2016 on revenues that slid 4.6 percent to C$12 billion.
The nominations of Wilbur Ross as Secretary of Commerce and Elaine Chao as Secretary of Transportation have been approved by the Senate Committee on Commerce, Science, and Transportation, and now move to the full Senate for approval.
The Pacific Northwest port has elected interim Chief Executive Officer Julianna Marler, who has held the post since May 2016 following the resignation of then-CEO Todd Coleman, to the permanent position of CEO and executive director.
The seasonally adjusted For-Hire Truck Tonnage Index slipped 6.2 percent to a reading of 133.8 compared with the previous month, following a revised 8.4 percent jump in November, according to the American Trucking Associations.
Brian A. Kenney, president and chief executive officer of GATX Corporation, said the company achieved record earnings per share for the full year of 2016.
The new Landstar U.S./Mexico Logistics Service Center’s yard is capable of holding over 450 trailers, 2.5 times the capacity of its previous Laredo facility.
