The London-based shipping research and consulting firm is predicting imports from Asia to East Coast of North America ports will outpace those shipped to West Coast of North America ports in 2017.
Transportation and logistics employment showed continued growth in March 2017 following a revised gain of 8,100 positions in February, according to recent preliminary data from the U.S. Department of Labor.
Bipartisan legislation was reintroduced last week to address deficiencies in the Transportation Security Administration’s (TSA) efforts to protect rail, transit, highway, and maritime passenger and freight transportation.
Since last week, the Shanghai Containerized Freight Index fell on trades from Shanghai to Europe, the Mediterranean and the United States.
The Kempten, Germany-based global logistics provider’s revenues for fiscal year 2016 totaled 5.71 billion euros, a 1.7 percent year-over-year increase.
House Reps. Mike Kelly, R-Pa., and Peter DeFazio, D-Ore., have introduced bipartisan legislation that would increase investments in harbor and port projects by 29 percent from current funding levels without raising user fees or taxes.
A Hapag-Lloyd spokesperson told American Shipper space is tight on the Europe to Asia trade right now from an uptick in volumes, which is abnormal for this time of year.
Furie Operating Alaska has agreed to pay $10 million for transporting an oil rig from the Gulf of Mexico to Alaska on a foreign-flag ship.
A coalition of rural agricultural and aviation industry associations are warning Congress that the removal of air traffic control duties from the FAA could bias funding and regulatory decisions in favor of large commercial operators.
Experts have attributed the surge in icebergs to unusually strong counter-clockwise winds that are drawing the icebergs south, and possibly from global warming, the Associated Press said.
Total cross-border trade between the United States, Mexico and Canada jumped 6.7 percent in January 2017, the third straight month of year-over-year increases, according to the Department of Transportation’s Bureau of Transportation Statistics.
Meanwhile, the Lake Oswego, Ore.-based transportation equipment manufacturer recorded a 38 percent year-over-year boost in revenues for the quarter ending Feb. 28, 2017, fueled by higher wheel volumes and externally sourced railcar syndications.
State-owned Alaska Railroad Corp. saw cargo revenues drop 16 percent to $69.6 million for the full year in 2016 as volumes of petroleum products and coal tumbled from the previous year, according to the company’s most recent financial statements.
Combined United States carload and intermodal cargo volumes increased for the fifth consecutive month in March 2017 following several months of year-over-year declines, according to data from the Association of American Railroads (AAR).
Net orders for North American Class 8 trucks totaled 22,800 units in March 2017, relatively unchanged from the previous month and 41 percent from the previous year, according to freight transportation analyst FTR.
FedEx Freight President and CEO Mike Ducker and Werner Enterprises President and CEO Derek Leathers told a Senate subcommittee the U.S. must invest more in its roads and bridges for the trucking industry to continue to operate safely and efficiently.
Following public comment and stakeholder input on a June 2016 advanced notice of proposed rulemaking, the Surface Transportation Board has proposed rules to “help improve and expedite” cases involving litigation over railroad rates.
The Commerce Department said U.S. exports of goods and services in February reached a value of $192.9 billion, slightly more than January at $192.5 billion, and up from $180.7 billion in February 2016.
French state railway subsidiary SNCF Logistics and Marseilles-based shipping container technology firm Traxens have been conducting collaborative research for the past year on a real-time rail tracking system expected to be operational in second half 2017.
The Finnish logistics company said it has four LNG-fueled ships under construction, and is planning on expanding its fleet of LNG-fueled trucks from 40 to between 150-200.
