Rail theft has emerged as a more prevalent problem in Mexico, primarily in the states of Guanajuato and Querétaro, while fuel theft across the nation has also increased.
The Japanese ocean carrier exceeded its goal of a 10 percent reduction in its carbon dioxide emission rate per unit of transportation from ships by fiscal 2015, according to a statement from the company.
However, the decline in orders is more of a counter-movement to rather strong figures from March, which were boosted by an unusually high number of big-ticket items, Commerzbank AG Economist Ralph Solveen said.
The United States experienced a 30 percent year-over-year drop in steel import volumes in April to 2.46 million net tons.
Ocean carriers CMA CGM of France, Germany’s Hapag-Lloyd and MOL of Japan announced upcoming general rate increases, while this past Friday, the Shanghai Containerized Freight Index rose 1.9 percent from a week prior to a reading of 588.59.
Port of Seattle picks head of environment and the Port of Brownsville elects chairman, while K+N names global head of air freight and IATA appoints chairman.
The derailment of a Union Pacific freight train on Friday, which burst into flames and spilled crude oil into the Columbia River near Mosier, Ore., was likely caused by track failure, UP spokesperson Raquel Espinoza said Sunday.
Announcements by terminal operators in Oakland and Los Angeles/Long Beach are “positive steps toward achieving the flexibility of compliance” with the new SOLAS verified gross mass rule, says Federal Maritime Commission Chairman Mario Cordero.
A combination of businesses between United Arab Shipping Co., which is jointly owned by the governments of six wealthy Middle Eastern nations, and Hapag-Lloyd of Germany has “strategic value,” and talks will continue, the ocean carrier said in a statement.
As a result of a 7-to-1 share reduction for Hyundai Elevator, Hyundai Global and Hyundai Group Chairman Hyun Jeon-Eun, the Korea Development Bank will become the largest shareholder of struggling South Korean ocean carrier Hyundai Merchant Marine.
The U.S. Fish & Wildlife Service will prohibit interstate commerce in elephant ivory, while the airline industry says it will also endeavor to reduce illegal wildlife trafficking.
Amazon.com CEO Jeff Bezos said in an interview at Recode’s 2016 Code Conference traditional parcel couriers like the U.S. Postal Service and UPS simply can’t provide all the last mile capacity the company needs, especially during peak shipping times.
Given the tremendous environmental challenges the world faces, we need to develop a range of innovative environmental technologies, and break down barriers to trading them worldwide, according to U.S. Trade Representative Michael Froman.
Combined United States carload and intermodal cargo volumes fell 6.8 percent in May compared with May 2015 and 7.6 percent for the first five months of 2016, according to data from the Association of American Railroads.
The United States trade deficit increased 5.3 percent ($1.9 billion) in April 2016 compared with March, but has shrunk 4.8 percent year-over-year during the first four months of the year.
Net orders for North American Class 8 trucks in May grew 4 percent from April, but were still down 30 percent compared with May 2015, according to preliminary data from freight forecaster FTR Transportation Intelligence.
The world’s food-import bill is set to drop below $1 trillion in 2016 due to declines in grain prices and lower freight rates that have more than compensated for increased imports, according to a report from the United Nations.
The Green Brook, New Jersey-based energy storage startup offers grid-scale lithium-ion battery systems encased in specialized shipping containers that can be stacked like Legos as a cheaper alternative to traditional power delivery models.
Under the three-year deal with global aluminum manufacturer RUSAL, annual cargo volumes could reach 10,000 TEUs, according to Danish ocean carrier Maersk Line.
South Carolina Council on Competitiveness hires logistics industry director, while XPO Logistics appoints HR chief and ICS elects new chairman.
