U.S. Circuit Court of Appeals upheld a 2014 Kansas Supreme Court ruling that said the express carrier violated the Kansas Wage Payment Act in not treating drivers as employees.
Trade data provider found volumes at East Coast ports rose 15 percent overall in the first half of 2015, benefiting from diversions by carriers from West Coast ports due to congestion issues early in the year.
Hapag-Lloyd has reportedly picked Deutsche Bank, Goldman Sachs and Berenberg to assist it with an initial public offering, fueling speculation the German ocean carrier is accelerating its plan for a public float.
Meanwhile, the Senate Commerce, Science and Transportation Committee approved a long-term, six-year transportation bill that would be merged with the $278 billion DRIVE ACT.
UPS Capital’s acquisition of the logistics arm of global integrated security company G4S is its second recent purchase in the high-value cargo logistics sector.
The railway increased net earnings 4.5 percent compared to Q2 2014 as quarterly operating income topped $1 billion for the first time in company history.
The ocean carrier has implemented similar fees in other regions, and says the switch to electronic bookings is crucial for data accuracy and customer responsiveness.
The Israeli ocean carrier will alter its AME service, which operates between China, Malaysia, India and the Mediterranean, starting July 27.
United States retail and food services sales were up 1.4 percent in June compared to the previous year, according to advance monthly sales estimates from the U.S. Census Bureau.
The National Shipping Company of Saudi Arabia reported a nearly 163 percent increase in net profits in the second quarter of 2015 compared to the second quarter of 2014.
Truckload pricing will increase between 4 percent and 9 percent through the remainder of 2015 despite a slight deceleration in spot rate growth, according to investment firm Avondale Partners.
Coal, iron ore, grain and liquid bulk shipments on the Great Lakes and St. Lawrence Seaway dropped in the first half of 2015.
Year-over-year rates were down for the sixth consecutive month in June, according to the latest Cass Intermodal Price Index.
The global trade management software vendor opened its fifth office in the Asia-Pacific region due to trade growth and use of new trade lanes by its customers.
The UPS Worldwide Express Freight service, designed for urgent, time-sensitive and high-value international heavyweight shipments, added eight new origin countries and five new destination countries to its network.
The Japanese container liner will begin tracking invoice and documentation accuracy, as well as vessel on-time departure performance, on a quarterly basis, mirroring its efforts in other regions.
A story in Wednesday’s AS Daily about a short-term fix for the Highway bill should have said the proposed extension in the House is for five months, not six.
USA Truck appoints CEO, while England Logistics and High Road Partners appoint VPs, and the Renault-Nissan Alliance picks new head of supply chain.
Singapore investment company Temasek is seeking buyers for Neptune Orient Lines, parent of ocean carrier APL, according to reports from the Wall Street Journal.
The latest in a long series of stop-gap measures would temporarily plug the funding hole in the ailing Highway Trust Fund while lawmakers continue to search for a long-term solution.
