United States truck trailer net orders totaled 17,900 units for the month, a 30 percent decrease from December and 37 percent decline from January 2015.
Three Pennsylvania importers and their owners have agreed to pay $3 million to settle allegations that they attempted to defraud the government out of duties on imports subject to antidumping.
The e-commerce giant has been pushing customers to join its Prime membership service, as well as decrease its own shipping costs, which ballooned 37 percent to $4.17 billion in fourth quarter 2015.
The Ports of Auckland’s net profits surged 9.5 percent year-over-year to NZD$31.6 million for the six months ended Dec. 31, 2015.
The Commerce Department has started antidumping and countervailing duty investigations into imports of pneumatic truck and bus tires from China.
The new 147,500-square-foot warehouse is conveniently located near the Port of New York and New Jersey, the New Jersey Turnpike, the Newark International Airport, and other key facilities, such as FedEx and UPS.
DVB Bank appoints co-division head of its global shipping management, while DNV GL’s group executive VP announces retirement.
Ocean carrier APL, a subsidiary of soon-to-be-acquired Neptune Orient Lines, said lower fuel costs and other cost savings were not enough to offset a reduction in volumes and base freight rates.
Outer Harbor Terminals LLC, the joint venture between Ports America and TIL Group that is ceasing operations at the end of March, will pay rent, utilities and clean-up costs to the Port of Oakland as part of the lease termination agreement.
Growth in the passenger transportation segment is outpacing that of air cargo volumes, which expanded just 2.2 percent in 2015 compared to 5 percent in 2014, according to Tony Tyler, director general of the International Air Transport Association.
Terminals at the ports of Felixstowe, Southampton and London Gateway in the United Kingdom will offer the service in advance of the SOLAS verified gross mass requirement due to be implemented July 1, 2016.
The United States and Laos entered a bilateral Trade and Investment Framework Agreement, which establishes a forum for the two countries to discuss trade and investment issues.
Major freight railroads in the United States employed 156,602 workers as of the middle of January, down from 160,795 the previous month and 171,476 in January, 2015, according to data from the Surface Transportation Board.
The Bellevue, Wash.-based third-party logistics provider reported a $2.5 million loss in its second fiscal quarter, ended Dec. 31, 2015, despite revenues soaring 95.3 percent year-over-year to $207.0 million.
The New Zealand port handled 470,928 TEUs during the first half of the 2016 financial year ending Dec. 31, a 10.4 percent year-over-year increase.
Capable of carrying 7,500 cars, the Japanese ocean carrier’s new roll-on/roll-off vessel, “Drive Green Highway,” features energy saving technology including solar panels.
The Canadian shipping company reported net earnings from continuing operations of $21.1 million for the full year of 2015 on revenues of $413.5 million, year-over-year drops of 57 percent and 12.7 percent, respectively.
The airport handled 361,000 metric tons of cargo in January, a 1.5 percent year-over-year increase.
With 30 percent volume growth in cargoes to and from the United States during 2015 and its acquisition of the container operations of APL, the French ocean carrier expects to jump ahead of industry leaders MSC and Maersk Line in the U.S. trade lanes.
Do NVOs like low rates? Your January issue editorial, “Low container-shipping rates aren’t shippers’ problem,” surprised me somewhat, so I let it soak in and thought, “Let’s start the year with a debate”—at least with someone who knows and been around the business for more than three years. The issue is how do […]
