New orders for manufactured durable goods increased 3.4 percent to $235.3 billion in June led by strong orders for transportation equipment.
The railway reported net income dropped 23 percent in the second quarter of 2015 compared to second quarter 2014.
The new Customs and Border Protection donation program lets communities stretch CBP resources to help international trade and local economies.
IAG Cargo and Finnair Cargo have entered a block-space agreement for freighter capacity operating between London’s Luton and Helsinki airports.
The Busan Port Authority and the Korean government plan to further strengthen the port’s cargo trans-shipment capabilities to handle 13 million TEUs of trans-shipment cargo by 2020.
The intermodal transportation service provider reported net income fell $0.2 million compared to the second quarter of 2014 despite a 1 percent in crease in revenues.
The U.S.-flag Norfolk will give the company additional capabilities to move heavylift cargo.
Ocean carriers Maersk Line, MOL and UASC announced general rate increases.
UASC appoints new chairman and vice chairman, while Matson names Alaska VP.
A bipartisan Senate bill would set transport policy and investment for six years, but is only funded for three years using money that would be redirected from other parts of the government.
The amendments to the Financial Services and General Government Appropriations bill were added at the behest of senators from farm states with constituents who have an interest in expanding agricultural exports to the island nation.
Officials from the California Department of Transportation plan to partially reopen the closed-off section of the important freight thoroughfare Friday.
Harold Daggett was elected for a second term as ILA president, while his son, Dennis Daggett, was elected executive vice president of the East Coast dockworkers’ union.
Ocean carrier Hanjin recently added calls to Sohar, Oman and Bandar Abbas, Iran on its FMX service between Asia and the Middle East.
FedEx Express agreed to purchase 50 additional Boeing 767-300F aircraft with an option for 50 more as part of the company’s fleet modernization effort.
The agreements between the port, terminal operators and the Environmental Protection Agency is aimed at reducing emissions from idling trucks and terminal equipment.
The Hong Kong-based ocean carrier said the Asia-Europe trade was hit particularly hard during second quarter 2015.
U.S. Sens. Debbie Stabenow and John Hoeven introduced legislation Thursday that they say addresses the WTO’s ruling against current U.S. country-of-origin labeling.
The freight forwarder and logistics provider reported consolidated net profits increased, while gross profits and net forwarding revenue decreased in the first half of 2015 compared to the same period in 2014.
The counterfeit televisions originated in China and were destined for the mid-west, U.S. Customs and Border Protection said.
