The Jacksonville, Fla.-based railway reported revenues in the fourth quarter of 2015 fell 13 percent compared to the fourth quarter of 2014 thanks in part to a 32 percent drop in coal volumes.
The Trans-Pacific Partnership and normalizing trade relations with Cuba are two accomplishments that President Obama said he wants to reach their final conclusion.
A late-year recovery in imports nearly erased the sharp downturn in early 2015 caused by congestion and reduced productivity that were the result of an impasse in longshore labor contract talks.
Shipment volumes and expenditures both continued their decline in December, falling 4.9 and 2.7 percent, respectively, according to the latest Cass Freight Index Report.
Multiple 2M Alliance operated services will omit several port calls from Asia to North Europe and the Mediterranean during the traditional Chinese holiday season.
The Commerce Department this week announced its determinations from a countervailing duty investigation into imports of certain hot-rolled flat steel products from Brazil, South Korea and Turkey.
Container supplier CARU Containers acquired CCA and ECB Group last month as part of its growth strategy, the company said in a recent statement.
The 2015 navigation season commenced April 2 and ended ice free Dec. 31.
The Brazilian port took delivery of two Portainer container cranes and six rubber-tire gantry cranes last week.
The Swiss-based third-party logistics company entered into a contract with GlaxoSmithKline, which will remain in effect until 2021.
The global third-party logistics provider has begun operating under the trade name Dachser USA Air & Sea Logistics Inc. in the U.S. market.
Emirates SkyCargo makes senior U.S. appointments, while Troy Container Line appoints VP of FCL and DHL names Asia-Pacific CEO.
Norfolk Southern is working to improve efficiency in the face of the Canadian Pacific offer, announcing moves to consolidate management of key coal and intermodal routes in the mid-Atlantic region.
The Commerce Department this week established a range of antidumping duties on imports of certain uncoated paper from Australia, Brazil, China, Indonesia and Portugal, as well as countervailing duties on these goods from China and Indonesia.
The transportation consultant analyzed the business case for less-than-truckload carriers investing in dimensioners, including how it might affect their relationships with shippers.
Demand from Japan or Europe could provide a positive surprise for the shipping industry, but the outlook for China is unpredictable, according to a report from the Baltic and International Maritime Council.
The forwarder plans to invest in a 27.5 percent stake in Relais Colis to provide DHL’s divisions and their customers enhanced access to France’s e-commerce market.
Five International Maritime Organization technology centers in the Africa, Asia, Caribbean, Latin America and Pacific regions funded by the European Commission will encourage the uptake of innovative energy-efficiency technologies in marine shipping.
The French ocean carrier will make its maiden call to Port Bronka, located on the outskirts of St. Petersburg, Russia, on Jan. 28.
Although airfreight volumes dropped 1.2 percent year-over-year in November 2015, they rose 0.9 percent from October 2015.
