While Xeneta said rates could continue to fall due to the Panama Canal expansion, London-based firm Drewry said it projects freight rates will rise modestly over the next 18 months.
The Northern California port’s new near-dock rail facility received its first train, which transported animal feed from the Midwestern United States for export to customers in the Far East.
The terminal operator has joined a group of Nova Scotia business leaders and investment company Cyrus Capital Partners L.P. in plans to build 315-acre marine container terminal on the Strait of Canso.
A division of Norfolk Southern Corp. has reached a settlement with the U.S. Department of Labor’s Office of Federal Contract Compliance Programs to resolve allegations of race-based hiring discrimination.
Combined United States carload and intermodal cargo volumes fell 6.3 percent for the month compared with June 2015 and 7.4 percent for the half of 2016, according to data from the Association of American Railroads.
Non-vessel-operating common carrier American Fast Freight has acquired Global Transportation Services, an international freight forwarder, customs broker and logistics services provider.
The Packer Avenue Marine Terminal at the Port of Philadelphia will receive two new super post-panamax container cranes, which are expected to arrive and become fully operational in late 2017.
The European Commission said new rules will take effect this December, which are aimed at increasing price transparency in container shipping.
The U.S. Department of Transportation has proposed a selection of eight U.S. airlines to start scheduled flights from various airports around the United States to Havana, Cuba this fall.
Ocean procurement software provider Xeneta reported freight rates may further decline as carriers seek to fill larger ships that are now capable of transiting the expanded Panama Canal.
Hindered by weak world trade and increasing capacity, demand growth for air cargo slowed to just 0.9 percent year-over-year for the month, according to the International Air Transport Association.
Baltic Container Terminal in the Port of Gdynia and Adriatic Gate Container Terminal in the Port of Rijeka, both owned by International Container Terminal Services, are the newest members of the Federation of European Private Operators and Terminals.
The Intermodal Association of North America said the web portal component of its new online platform to facilitate so-called “street turns” for its members is now available, and it will offer a mobile app and system-to-system API later this year.
The parcel carrier and logistics provider’s DHL Freight division has expanded its rail transport offerings to and from Asia and North Africa via its hub at Duisburg to include direct links and consolidation services.
Annualized turnover rates at large truckload fleets fell 13 percentage points to 89 percent, while turnover at smaller fleets slipped 1 point to 88 percent in the first quarter of 2016, according to the American Trucking Associations.
The shipping and logistics provider’s smart locker program, which provides alternate delivery locations at convenience stores and other spots, is being expanded from nine locations in Chicago to 300 locations throughout the United States.
German logistics provider DB Schenker entered into a partnership with the online freight shipping marketplace uShip for exclusive collaboration in Europe.
Japanese automobile manufacturer Mazda has chosen the Port of Gothenburg as its new port of entry for its cars imported into Sweden.
The cargo airline will launch a service to and from Wichita, Kan. next week.
The Halifax Port Authority extends CEO’s contract, while HubTran appoints business development director.
