A report by the National Oceanic and Atmospheric Administration (NOAA) concluded that the dredging at the Port of Miami caused damage to the area’s coral reef.
The Seattle, Wash.-based global logistics provider’s revenues, which industry advisory firm Stifel said were hindered by lower air and ocean rates, tumbled 15.4 percent year-over-year to $1.4 billion for the quarter.
The U.S. Surface Transportation Board has filed a supplemental notice to a proposed rulemaking that would require Class I railroads and the Chicago Transportation Coordination Office to submit weekly data reports on service performance.
The non-asset based supply chain management provider posted a net loss before taxes of $35 million for the first quarter of 2016, compared to a $77 million loss the previous year, despite revenues dropping 11.8 percent year-over-year to $1.57 billion.
The global freight procurement platform, which recently added track and trace functionality, said it will use the funds to broaden sales efforts in Asia and Europe.
The total value of cross-border freight between the United States and North American trading partners Canada and Mexico slipped 2 percent year-over-year following a 7.7 percent drop in January, according to the Bureau of Transportation Statistics.
A Federal Maritime Commission working group of industry leaders is meeting for the first time to address chronic problems freight movement in the ocean supply chain.
The world’s second largest shipbuilding company attributed the operating loss of 26.3 billion won in the first quarter of 2016 primarily to costs associated with completing offshore oil projects as crude prices continued to plummet.
Brisbane, Australia-based Super Retail Group will use the supply chain design software provider’s modeling tools to improve forecasting and demand planning capabilities.
The logistics provider and terminal operator’s rail terminal at the Port of Hamburg’s Container Terminal Altenwerder will undergo a project to add two more tracks, increasing the rail terminal’s annual handling capacity by 17.7 percent.
Maersk Line names HR chief, while the American Waterways Operators elects chairman and vice chairman and Greencarrier Freight Services appoints COO.
The U.S. Coast Guard bulletin regarding compliance with the International Maritime Organization’s verified gross mass requirement “seems to allow for more flexibility,” says Federal Maritime Commission Chairman Mario Cordero.
Three of the four pre-qualified port terminal operators that will bid for control of the Corozal Container Terminal have ties to container shipping giants Maersk Line, Mediterranean Shipping Co. (MSC), and CMA CGM.
The 13,092-TEU containership COSCO Hope crashed into a gantry crane at Port Said as it was departing the Egyptian port, igniting a fire that spread to 20 containers and resulted in injuries to at least two people.
The Jacksonville, Fla.-based Class I railroad is telling customers to expect delays for traffic headed through Washington, D.C. as recovery crews work to restore service after a CSX freight train went off the tracks Sunday.
The ocean carrier has commenced the new Middle East Feeder – Loop 1 service between Pakistan, the United Arab Emirates and Oman.
MacroPoint’s freight tracking software will be integrated throughout freight broker and third-party logistics provider Logistics Dynamics, Inc.’s entire network of more than 55,000 motor carriers.
The cost would be triggered if the U.S. Treasury Department approves benefit cuts to protect the solvency of the Central States Pension Fund, which UPS pulled out of in 2007 but agreed to make up any losses its remaining members experienced.
The Florida East Coast Railway delivered the first shipment ordered through its new EZ Buy web portal on behalf of freight broker Addison Transportation.
Gross domestic product in the European Union currency area will increase by 1.6 percent this year and 1.8 percent in 2017, both 0.1 percentage point lower than the commission projected in February.
