Cargo volumes carried by U.S.-flag Great Lakes freighters fell 6.4 percent year-over-year in June to 9.65 million net tons.
The German cargo airline revealed its new product Tuesday for customers with price-sensitive goods.
JLL hires former Walmart executive as VP of retail/e-commerce distribution, while the Port of Oakland elects board president and the Vancouver Fraser Port Authority’s CFO to retire.
Rolf Habben Jansen, the chief executive officer of ocean carrier Hapag-Lloyd, said he believes consolidation in the shipping industry resulting from deals such as Monday’s merger agreement between Hapag-Lloyd and UASC will benefit the container industry.
Chainalytics Vice President of Transportation Kevin Zweier explained that collaborative transportation is a useful strategy, provided shippers put in the homework before and after bid events.
The U.S. Department of Justice is launching a rare internal review of what went wrong in its failed pursuit of a case in which it charged the parcel giant with conspiring to deliver illegal drugs, according to a report from Reuters news service.
One of BNSF’s two trains involved in the June 28 collision in Panhandle, Texas, which left three dead and one injured, passed through a stop signal at about 65 mph prior to the collision, according to a preliminary report issued by the National Transportat
About 450,000 TEUs of capacity is expected to be scrapped in 2016, which would be double the amount scrapped in 2015, according to the London-based shipping consultant Drewry.
A federal grand jury in Charleston, S.C. indicted Aegean Shipping Management S.A. and Aegeansun Gamma Inc. for conspiracy to hide illicit ship pollution.
The U.S. Federal Reserve revealed that retail sales and factory output picked up in June, illustrating how the U.S. economy is bouncing back from a slow first quarter.
The Northern California port’s container volumes were hindered by a slowdown in empty containers moving through the port.
The Senate on Friday confirmed Scott Darling to be the next administrator of the U.S. Transportation Department’s Federal Motor Carrier Safety Administration.
The cocaine was discovered aboard the MSC Poh Lin, which according to ocean carrier schedule and capacity database BlueWater Reporting, operates on MSC’s California Express service.
Victoria International Container Terminal has signed a syndicated loan facility worth $398 million Australian with seven financial institutions to support ongoing construction and development at Webb Dock East in the Port of Melbourne.
The Atlanta, Ga.-based global courier’s express package service, which added three countries to its scope, is now available in 117 countries and territories across the globe.
Two trade associations – the International Air Transportation Association (IATA) and the International Federation of Freight Forwarders Association (FIATA) – will roll out the new IATA-FIATA Air Cargo Program in phases, beginning in early 2017.
The new British cargo airline, which commenced operations from its headquarters at London Stansted Airport in February 2016, plans to expand its airfreight network into North and South America later this year.
Ocean carriers Maersk Line, CMA CGM and MOL issued general rate increases.
The deal will see Qatar Holding and The Public Investment Fund of the Kingdom of Saudi Arabia, majority shareholders of UASC, take 14 percent and 10 percent shares of the combined company, respectively.
Ocean carrier Hyundai Merchant Marine joining the 2M Alliance – comprised of Maersk Line and MSC – has fueled speculation about Maersk’s ultimate motives, but the short term impact is a larger share on the transpacific trade, especially from Korea.
