Teras Cargo Transport (America) adds new ship
The U.S.-flag Norfolk will give the company additional capabilities to move heavylift cargo.
The U.S.-flag Norfolk will give the company additional capabilities to move heavylift cargo.
Ocean carriers Maersk Line, MOL and UASC announced general rate increases.
UASC appoints new chairman and vice chairman, while Matson names Alaska VP.
Officials from the California Department of Transportation plan to partially reopen the closed-off section of the important freight thoroughfare Friday.
Harold Daggett was elected for a second term as ILA president, while his son, Dennis Daggett, was elected executive vice president of the East Coast dockworkers’ union.
Ocean carrier Hanjin recently added calls to Sohar, Oman and Bandar Abbas, Iran on its FMX service between Asia and the Middle East.
FedEx Express agreed to purchase 50 additional Boeing 767-300F aircraft with an option for 50 more as part of the company’s fleet modernization effort.
The agreements between the port, terminal operators and the Environmental Protection Agency is aimed at reducing emissions from idling trucks and terminal equipment.
The Hong Kong-based ocean carrier said the Asia-Europe trade was hit particularly hard during second quarter 2015.
The freight forwarder and logistics provider reported consolidated net profits increased, while gross profits and net forwarding revenue decreased in the first half of 2015 compared to the same period in 2014.
Cargolux Airlines said 76 percent of its flights were operating normally despite the Luxembourg LCGB union beginning a 24-hour warning action against the airfreight carrier.
The railway reported second quarter net income of $1.2 billion, down 7.2 percent compared with the second quarter of 2014.
The Government of Canada and Port Metro Vancouver agreed to fund $6 million each towards the installation of shore power for containerships at two of the port’s terminals.
The temperature-sensitive truckload carrier reported net income increased 40.4 percent in the first half of 2015 compared to the first half of 2014.
Kuehne + Nagel will offer weekly less-than-containerload services for pharmaceutical shippers from Belgium to Singapore and Sydney,
Dunavant Logistics has added a Memphis, Tenn. drayage terminal and warehouse, as well as a warehouse in the Houston, Texas area.
A deal for the Chicago-based transportation management service provider would be worth at least $1.8 billion, according to initial reports from Bloomberg Business.
Federal Maritime Commissioner Mario Cordero is pressing terminal operators to justify a recent increase in PierPass fees, which they claim still do not fully pay for night and Saturday operations.
Net income at Canadian Pacific Railway increased 5 percent to $390 million Canadian in second quarter 2015 compared to second quarter 2014, according to the company’s most recent financial statements.
Three Florida family members were indicted for their alleged participation in a scheme to defraud Miami-area lenders and the U.S. Export-Import Bank.