American Shipper

   The U.S. Federal Maritime Commission has received 29 license applications and changes for review.    The FMC received non-vessel-operating common carrier license applications from BL Worldwide Corp., Doral, Fla. (Maria J. Bembhy, president); Browman Freight Services, Markham, Canada (Philip Browman, president); Cesar Eddy Quinones, Secaucus, N.J. (Cesar E. Quinones, sole proprietor); DTI Group, Miami […]

Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd, “K” Line and NYK issued general rate increases.

XPO Logistics says YRC Freight, a top rival in the less-than-truckload space, improperly lured two key executives who brought with them confidential information and other key employees that would help blunt XPO’s market strategy.

TNT Express on Friday said it has entered an agreement to sell its airline operations, TNT Airways and Pan Air Líneas Aéreas, to ASL Aviation Group.

Canadian Pacific published a third white paper regarding its proposed acquisition of Norfolk Southern Corp., and the U.S. Surface Transportation Board has begun to receive letters from rail customers in support of the controversial takeover.

A $60 million upfront payment by Ports America and TIL gives the Northern California port limited recourse following their departure from Oakland Harbor Terminal, according to a research note by Fitch Ratings.

Rates from Asia to Northwest Europe and the Mediterranean have dropped for the past five consecutive weeks.

Non-asset based freight brokerage and transportation management service provider Echo Global Logistics set a fourth quarter record for total revenues as it continued to expand its market share.

The plummeting dry bulk rates are being blamed on an imbalance of fleet supply and demand, along with stagnant cargo trade resulting from the slowdown in China’s economy since last fall.

XPO Logistics Inc. continued to implement its cost cutting plan at the former Con-way Inc., closing freight terminals in what it described as “remote” locations.

The Overland Park, Kan.-based less-than-truckload holding company more than doubled its full-year operating income in 2015, despite a $28.7 million settlement charge that resulted in a net loss for the fourth quarter.

The Danish supply chain specialist has begun a review of “synergies” and “redundancies” following the close of its $1.35 billion acquisition of struggling third-party logistics provider UTi Worldwide.

The logistics provider and container terminal operator primarily attributed the declines in revenues and EBIT to the economic crisis in Russia and the Ukraine, the slowdown in economic growth in China and ongoing restrictions in the area of infrastructure.

The Commerce Department has initiated antidumping and countervailing duty investigations into imports off-the-road tires from China, India and Sri Lanka.

Ocean vessels alone directly exported over 2.1 million metric tons of grain to international ports during the year, 80 percent more than the five-year average for the Lake Superior port.

Tradepoint Atlantic appoints manager of short-line railroad, while Breakthrough Fuel names VP of technology.

During the Democratic debate last night, the two presidential candidates decried the Trans-Pacific Partnership trade agreement for not protecting American workers from unfair foreign competition.

The trade ministers of Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam at a meeting in Auckland on Wednesday signed the Trans-Pacific Partnership agreement.

Gilbert “Gil” Ellzey Carmichael, who held presidential-appointed transportation administration posts in the 1970s, died Jan. 31 at his home in Meridian, Miss.

CSX Transportation, Norfolk Southern Railway and Canadian National Railway, along with a handful of passenger railroads, will need until 2020 to implement positive train control, according to the Federal Railroad Administration.