American Shipper

Port says a softer U.S. dollar and big agricultural harvests resulted in a 20 percent increase in container exports in October.

The Israeli container carrier told American Shipper Friday it is rejecting the rumor that it has intentions to sell its global shipping operations to instead become a regional Mediterranean carrier.

The U.S. Department of Transportation released more than $90 million among Federal Aviation Administration grants to six airports to make improvements to runways, taxiways and aprons.

On a bright note, the port authority said it will be using a $1.6 million grant awarded by the U.S. Maritime Administration to improve the barge program that transports containers between Red Hook in Brooklyn and Port Newark.

Net orders for North American Class 8 trucks totaled 13,800 units in October 2016 as a “significant cleanup of long-term, excess, orders by one OEM” weighed on ordering activity, according to freight transportation analyst FTR.

The Atlanta, Ga.-based parcel giant has entered into an agreement to acquire Marken, a global provider of supply chain services to the life sciences industry.

The international financial institution said the financing will be used to support Indonesia in addressing issues with the nation’s supply chain, such as long dwelling times at ports and lengthy trade clearance procedures.

Two Pakistani nationals were sentenced by a U.S. District Court after pleading guilty to charges of operating Internet sites to illegally sell and ship pharmaceuticals from Pakistan and the United Kingdom to the United States.

Two former aides to New Jersey Gov. Chris Christie could face 20 years in prison over their role in “Bridgegate,” which involved tying up traffic on the George Washington Bridge and in the nearby town of Fort Lee to seek revenge against the town’s mayor.

Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd, MOL and NileDutch have announced freight rate increases.

Analysts predict higher volumes and rates, but offsetting coal traffic decline will be a heavy lift

The total value of cross-border freight between the United States and North American trading partners Canada and Mexico ticked up 0.7 percent in August 2016 following 19 straight year-over-year decreases, according to the Bureau of Transportation.

St. Cloud, Minn.-based trucking and logistics firm Anderson Trucking Service created a prototype box that allows for the easy transfer of flatbed cargo for ocean shipping.

Airfreight volumes rose 6.1 percent in September from a year prior, coinciding with a rise in new export orders, and also possibly due to one-off factors such as Hanjin’s insolvency and the rushed replacement of Galaxy Note 7 devices.

Roberto Azevêdo, who became the World Trade Organization’s director-general on Sept. 1, 2013, informed his membership that he’s willing to serve a second term.

Rates from Shanghai to the Mediterranean, which hold a 10 percent weight on the index’s overall reading, fell 6.3 percent from last Friday to $738 per TEU.

The air cargo services provider reported a $7.5 million loss in third quarter 2016, it’s second straight quarter in the red, as nondeductible expenses related to vested warrants granted to e-commerce giant Amazon dragged on earnings.

The multi-modal logistics hub at the Port of Monfalcone in Italy, will provide solutions to support and manage the total outbound supply chain of vehicle manufacturers in Europe.

The Miami, Fla.-based ocean carrier will commence a new string between Paita, Peru and the United States Gulf and East Coasts starting Dec. 6, 2016, the company said in a statement.

Cathay Pacific Airways started a twice-weekly scheduled freighter service today to Oregon’s Portland International Airport.