Cargo thefts in the United States were down 14% year-over-year by volume in the first quarter, but up 25% in value, according to the FreightWatch International Q1 2015 U.S. Cargo Theft Report.
Worldwide Flight Services says it will accelerate its growth through opportunities and acquisitions under the ownership of the global investment firm.
Shipment volume and payments were up for the third month in a row despite first quarter GDP increasing only 0.2 percent, according to the latest Cass Freight Index Report.
Revenues from ocean carrier APL decreased as the company eliminated unprofitable capacity, according to NOL’s most recent financial statements.
The Panama Canal Authority registered more than 2,008 transits by dry bulkers, which is 257 more transits than in the previous fiscal year period.
Australia’s Supreme Court of Victoria on Thursday approved the arrangement under which Japan Post Co. will acquire all of the shares in Toll Holdings.
Non-vessel-operating common carrier CaroTrans has started a new weekly less-than-containerload service from Montreal, Canada, to Le Havre, France.
The airfreight carrier says it will increase cargo capacity in Germany by 18%.
The supply chain arm of LeanCor, creator of Lean and Six Sigma leadership principles, and logistics provider Sunland will cooperate closely, but remain separate companies.
Korean company returned to profitability thanks to a boost from its ocean carrier division.
A.P. Moller Maersk reported a record-setting $1.6 billion in profits for the first quarter, thanks in part to Maersk Line profits of $714 million.
Democratic Senators on Tuesday blocked legislation that would restore the president’s trade negotiating authority from going to the floor for a vote.
The Northern California port is planning weekend terminal gates and off-dock yards for container pick-up and delivery.
New legislation introduced in the U.S. Senate seeks to provide the government with more data about port performance.
The German ocean carrier attributed the nearly 44% jump in revenues primarily to its acquisition of Chilean carrier CSAV.
Total Quality Logistics said it will invest $1 million to open a new sales office in downtown Memphis.
The forwarding and customs brokerage arm of FedEx Corp. said the new facility will enhance its service offerings in the Atlanta market.
James H. Evans, former chairman of Union Pacific Railroad chairman, died May 11.
The North American bulk chemical transportation specialist and logistics service provider agreed to an all-cash purchase price equivalent to $16 per share.
French ocean carrier will develop and operate a logistics platform in the port of Mariel with the Cuban logistics company AUSA.
