Maritime

“Canada remains disappointed with the final duty rates announced by the U.S. Department of Commerce,” says foreign affairs minister.

Alliance wants to ground FAA reauthorization bill provision it calls “dangerous” and “reckless.”

AAR senior VP says despite the continued strength of the U.S. economy, recent trade policy moves could have a negative impact on freight rail volumes.

The government insists it has the right to cancel concession contract.

Drewry says economic fundamentals are likely to win out over tariffs and trade war fears.

Congestion, delays and bad weather created “a perfect storm” and led to $5.6 million net loss.

The multimodal transportation service provider plans to use proceeds from a potential sale toward new service lines, existing businesses and technology.

Hapag-Lloyd says inland transportation severely delayed because of extreme conditions.

Revenues growth of 17.7 percent attributed to yield improvement, higher shipments and tonnage, and increased fuel surcharge revenues.

The purchase of Panatlantic Logistic builds on two acquisitions in the sector last year.

Growth in North America attributed to higher fuel prices, lack of truck capacity and strong economic performance.

The purchase price for the flatbed carrier specializing in the transport of steel, aluminum and other metal products was $53.8 million.

The UPS Store will pack and send furniture and decor sold through online marketplace.

The Italian port concession would be the 21st marine terminal in the Turkish company’s portfolio.

Firms shed 1,300 jobs during July, but June hiring figures were revised upward.

Arbitrator finds government attempted to evade contractual obligations.

The European Union said it will not allow the United Kingdom to continue benefiting from its customs procedures and duty collection once it exits the EU customs union.

Hub Group’s earnings per share at $0.66 beat Wall Street’s consensus estimate of $0.50, but executives said that the third and fourth quarters will be even stronger, and margins will grow even against tough comps.

With no acquisition and integration costs weighing down profits, XPO Logistics has delivered net income growth for nine consecutive quarters.

The Hong Kong-based containership leasing giant’s net earnings shot up 140.5 percent.