The Canadian port handled double the steel tonnage since the seaway opened in April through the end of June compared to the same period last year.
The cargo division of Qatar Airways announced it will add Djibouti to its freighter network Aug. 1.
Meanwhile, drayage drivers at Pacific 9 Transportation continue their strike in an attempt to be reclassified as employee drivers.
Roadrunner’s CEO Mark DiBlasi said the purchase of Stagecoach Cartage will expand its trucking network in the Southwest U.S. and along the Mexican border.
United Parcel Service Inc. grew its net income 9.9 percent in the second quarter despite revenues at the package delivery and logistics company falling 1.2 percent compared to the same period in 2014.
The port solutions service provider and dry warehousing company announced it acquired Charleston Freight Station, Inc.
The Netherlands-based express carrier reported an operating income of 19 million euros for the second quarter of 2015.
The U.S. Department of Agriculture said the changes to the program will allow license holders to more easily adjust to changing market conditions affecting the dairy sector.
Brazil’s newest container terminal, Brasil Terminal Portuário, handled its one millionth container since operations officially began in November 2013.
The third-party logistics company announced its plan for a 100,000-square-meter logistics hub in Tuas, Singapore.
Locus Traxx Worldwide has named its VP of logistics, while Dunavant Logistics has appointed several operations managers.
“We’re reaping the benefits of a strong regional economy and labor uncertainty on the West Coast,” New York and New Jersey Port Director Richard Larrabee said of the results.
Foreign Minister Sameh Shoukry said Monday that Egypt is capable of protecting the new waterway that runs alongside the existing canal.
Meanwhile, maritime consultant Drewry said it believes the sale of G6 Alliance member APL’s parent company Neptune Orient Lines is unlikely at this time, despite the line being a “habitual loss maker.”
Freight volumes and revenues should continue to increase substantially over the next 11 years thanks to continued population growth, expansion of the U.S. energy sector and foreign trade, according to a new report from the American Trucking Associations.
New orders for manufactured durable goods increased 3.4 percent to $235.3 billion in June led by strong orders for transportation equipment.
The railway reported net income dropped 23 percent in the second quarter of 2015 compared to second quarter 2014.
IAG Cargo and Finnair Cargo have entered a block-space agreement for freighter capacity operating between London’s Luton and Helsinki airports.
The Busan Port Authority and the Korean government plan to further strengthen the port’s cargo trans-shipment capabilities to handle 13 million TEUs of trans-shipment cargo by 2020.
The intermodal transportation service provider reported net income fell $0.2 million compared to the second quarter of 2014 despite a 1 percent in crease in revenues.
