Railcar leasing and financial services provider VTG Rail Inc. has agreed to purchase a fleet of 1,135 rail cars from Redwood Rail, expanding its overall fleet to around 5,200 rail cars.
Despite a split vote among the four commissioners currently making up the Federal Maritime Commission, a discussion agreement between the Port of New York and New Jersey and OCEMA will take effect June 25.
Rep. Alan Lowenthal, D-Calf., who co-chairs the PORTS Caucus, has introduced legislation that would create a dedicated revenue source to improve the country’s freight infrastructure.
Spot container rates from Shanghai to the U.S. East Coast and U.S. West Coast both declined since last Friday, according to the latest figures from the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index.
MCC names CEO, Maersk Line appoints South East Asia managing director, Port of New Orleans’ board of commissioners elects chairman, Deutsche Post DHL Group names labor director and board member for personnel, and Truckstop.com hires chief economist.
The House of Representative’s 21st Century Aviation Innovation, Reform, and Reauthorization Act includes a controversial provision to separate air traffic control duties from the administration, while the Senate’s FAA Reauthorization Act of 2017 does not.
The Competition Commission of South Africa said a merger between NYK, MOL and “K” Line would encourage anti-competitive behavior in the liner markets and the car carrier sector.
World Trade Organization Director-General Roberto Azevêdo said more needs to be done to ensure women have better access to the economic benefits of trade.
The nationwide trucking company has opened a new facility in Phoenix to handle its increasing freight transportation business in the Southwest.
project 44 hires chief strategy officer; Crowley Maritime Corp. appoints vice president of safety, security, quality and environmental stewardship; and the Little Rock Port Authority’s board of directors elects chairman.
Many ports across the U.S. found ships to be the largest polluter, but great strides have been made over the years in addressing ship pollution, said Susan Monteverde, vice president for government relations at the American Association of Port Authorities.
The port terminal operator is giving 160 members of its staff in Gothenburg, Sweden, a notice of termination due to a decline in volumes resulting from a series of trade union blockades and strikes over the past year.
A survey conducted by Hart Research Associates found that 53 percent of respondents believe President Donald Trump’s proposal to shift the air traffic control function of the Federal Aviation Administration to a private, non-profit entity is a “bad idea.”
Following extensive testing for potential pests, the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service has proposed a rule to allow the import of fresh pomegranate from Turkey into the continental United States, including Alaska.
The Taiwanese ocean carrier will initially offer direct, online booking to Alibaba.com’s customers from China’s main ports to Israel and the South American region.
Stevedoring company Metro Ports will become the bulk terminal operator for the Ports of Indiana’s Burns Harbor operation, effective July 1.
The new ship-to-shore container crane was ordered from Liebherr and will be ready for use in Autumn 2018.
AFN Logistics appoints vice president, customer supply chain; Virgin Atlantic Cargo names managing director; and Sandler, Travis & Rosenberg hires two compliance attorneys.
The average U.S. logistics cost for shipping goods fell 1.5 percent last year after growing at a 4.6 percent compound annual rate from 2010 to 2015, according to the annual State of Logistics Report released Tuesday by the CSCMP and A.T. Kearney.
Although fines for no-show shipments are the right move for ocean carriers, for freight forwarders and non-vessel-operating common carriers, they could create a much larger challenge, according to Klaus Lysdal, iContainers VP of sales and operations.
