Maritime

Credit rating agency says while traffic may fall, revenues are not likely to be affected in the medium term.

Wei Chi is hired to lead the finance division, Bob Felix is named director of specialized projects and Bosco Dsouza has been appointed as account manager.

Customs brokers facilitating imports from Mexico into the U.S. have witnessed improved cargo processing by CBP at the southern border ports of entry. 

APM Terminals Inland Services will be integrated into Maersk Logistics & Services.

The two barges involved in the tug collision, including the damaged one that spilled more than 11,200 barrels of gas blend stock, have been removed.

Hyundai Merchant Marine (KSE: 011200) started off 2019 much as it ended 2018, racking up losses. Despite a first quarter gain in volume that boosted revenue, fuel prices and finance costs from the Korean company’s debt load continue to weigh on results. The last of South Korea’s container line operators, Hyundai Merchant Marine reported a […]

Large ships may provide liner operators with economies of scale, but they are proving more expensive in the chartering market.

Forwarders that participated in the pilot expect the agency to focus penalties on egregious violations.

An accident at the Port of Los Angeles took the life of a dock worker and injured another, ending the five-year U.S. safety record for marine cargo handling. The May 15 incident occurred at the Fenix Marine Services terminal at Pier 300, the second-largest cargo handling terminal at the port. The initial reports are that […]

COSCO has yet to join the organization that seeks to enable digital standardization.

What The Truck?!? hits the road this week as Chad and Dooner make tracks towards Birmingham, Alabama to cover McLeod’s Transportation, Finance and Accounting Conference. The guys talk with McLeod’s CEO Tom McLeod, VP of Ops David Custred, CFO Kasey Burleson, Chief InfoSec Officer Ben Barnes, and Buddy Moore Trucking’s CFO Susan Moore Kirkpatrick.

Results were better than expected, and the company points to a forecast of improving supply-demand balance in container shipping.

The FMCSA is seeking public input on a pilot program that would allow 18- to 20-year-olds to operate commercial motor vehicles in interstate commerce.

Rail market expert Jim Blaze discusses how FreightWaves SONAR can help determine how best to ship freight.

The five-year labor agreement was approved by Teamster-represented workers on May 3 but went into effect Tuesday after the final supplement contract was approved.

Amazon has broken ground on its Kentucky air hub, which will bring 2,000 jobs and up to 100 planes to the area.

Shiju Zacharia is promoted, Heinrich Hiesinger is elected and Simone Menne and Stefan Schulte are reappointed.

The legislation would establish the Freight Transportation Infrastructure Trust that would distribute the funds through a formula and competitive programs.

While the port’s focus is on containerized cargo, it says handling aggregate could provide a steady, divergent revenue stream.

Modular logistics outsourcing solution heralded as “market-changing service.”