Maritime

The rate is the fastest since the second quarter of 2014, but analysts warn trade tensions could weigh down growth in the near future.

Raising of Bayonne Bridge helped drive increase in container volumes.

The asset-light trucking company’s second-quarter net income jumped up 67 percent from last year.

Shareholders agree to COSCO acquisition of parent company.

Cargoes may be moved to Europe via the Trans-Siberian Railway.

The tank barge operator posted consolidated revenues jump of nearly 70 percent.

The German government also will promote the shift of freight traffic from road to rail.

CEO says outlook “promising, thanks to growing customer demand for rail shipments across most commodity groups, particularly in North America.”

Tennison promoted, Coleman hired and Egoscue elected.

The Chinese shipping line said all of its vessels are operating as normal.

Georgia Ports Authority and South Carolina Ports Authority say their goal is to increase supply and quality of chassis.

The Miami-based supply chain solutions provider saw earnings fall 16.9 percent year-over-year to $42.3 million for the second quarter.

The South Korean ocean carrier is the latest to use NYSHEX’s platform for enforceable container freight contracts.

The less-than-truckload carrier had Q2 net income of $163.4 million on revenues of $1.03 billion.

Agreement provides for wage increases, benefit improvements and increased job protection.

North America’s largest truckload transportation company posted a second-quarter net income of $91.6 million.

The Chicago-based third-party logistics provider reported a net income of $7.7 million in Q2 compared to a $200,000 loss in the same quarter a year ago.

The Norfolk, Va.-based Class I railway posted diluted EPS of $2.50 per share, beating consensus estimate by $0.19 per share.

CEO, SVP, sales director and consultants appointed.

House Transportation and Infrastructure Committee Chairman Bill Shuster seeks bipartisan legislation to keep nation’s Highway Trust Fund solvent.