The railroad transportation equipment manufacturer posted net earnings of over $69 million in its fiscal first quarter ended Nov. 30, 2015, a year-over-year increase 112 percent.
The master developer and regulator of ports and industrial zones in the emirate of Abu Dhabi reported surges in containerized, general, bulk and roll-on/roll-off cargo volumes in 2015.
The American Institute for International Steel attributed the weak result for the month to a sharp decrease in steel shipments to Mexico.
The Russian port operator and stevedoring company posted a cargo throughput of 127.9 million tons for the first 11 months of 2015, a 4.8 percent increase from the corresponding period in 2014.
The U.S. Commerce Department on Wednesday initiated an antidumping investigation of certain large residential washing machines from China.
The cargo division of Qatar Airways projected it will expand its fleet to 21 freighters by 2017.
The maritime services provider expanded its agreement with Chembulk Tankers into South America and Asia.
The supply chain technology provider will integrate INTTRA’s booking, shipment management and data tools into its transportation management system to provide more comprehensive ocean shipping capabilities.
Mediterranean Shipping Co. is latest ocean carrier to resume regular liner service to the Middle Eastern nation as international sanctions are lifted.
The investment bank and analyst Stifel said orders for Class 8 trucks rebounded in December to “better-than-expected” levels after suffering from lackluster demand in October and November.
The Adani International Container Terminal Private Limited at Mundra Port will have an annual handling capacity of 3.1 million TEUs and will be equipped with 15 super post-Panamax quay cranes once the project is completed.
The United States Coast Guard detained the bulk carrier Lowlands Kamsar in Seattle, Wash. Monday after discovering several safety violations onboard.
The Association of Women in International Trade will host a webcast event next week to educate the shipping public about new International Maritime Organization regulations requiring carriers to share information about the weight of loaded containers.
The wholly owned North American contract logistics subsidiary of Deutsche Post DHL Group will transition to the DHL Supply Chain name to standardize company branding across all global markets.
The refrigerated intermodal services provider added Miami and Toronto as new destinations to its intermodal service offerings from Washington State and Oregon.
The Slovenian port’s dry bulk terminal handled 800,000 tons of soybeans just before the close of 2015.
The Memphis, Tenn.-based logistics company increased its footprint in the Houston, Texas area to 577,000 square feet.
Crowley names new VP and deputy general counsel, while Seoul-Incheon International Airport’s marketing VP joins TIACA board.
The United States Coast Guard has issued an update on river closures, restrictions and advisories for sections of the Mississippi, Illinois and Missouri rivers in response to high waters and flooding in the Midwest.
A sister port agreement between Virginia and Mariel, as well as proposal by a Florida company to open a warehouse in Cuba, are among the latest efforts to stimulate trade between the U.S. and its long-embargoed Caribbean neighbor.
