Latest news

The Senate may confirm John S. Pistole as head of the Transportation Security Administration before the July 4 congressional recess, according to Sen. Joseph I.

APL Logistics, a unit of Singapore-based Neptune Orient Lines, opened a state-of-the-art container freight station near Bangladesh’s busiest Port of Chittagong.

Congress Reconsiders Liability Limits

With the economy seemingly taking a step back for every step forward, the 2010 U.S.

A.N. DERINGER 64 North Main Street, Saint Albans, VT 05478 Contact: Andrew White, Marketing Analyst

Europe’s logistics industry is emerging leaner and fitter from double-digit declines in revenue and earnings spawned by the worst economic and trade recession since World War II.

The Obama administration is giving its stimulus projects a new push and a stronger emphasis, saying transportation construction projects are reaching a peak for the two-year spending program.

Overseas Orient Container Lines is raising rates next month for shipments from South China to Australia, adding new lanes to the price hikes the operator has been announcing in the Australia trade.

Pier 1 Imports says tighter supply chain controls boosted a sharp improvement in margins on home furnishings merchandise in its fiscal quarter ending May 29, pushing the retailer to its first operatin

A Dutch court Thursday, June 17, convicted five Somali men of the attempted hijacking of a ship and sentenced each to five years in jail in Europe's first trial of suspected Somali pirates.

Customs and Border Protection is campaigning for the election of Sandra M. Bell to head the World Customs Organization’s office of compliance and facilitation.

The Consumer Product Safety Commission is supporting legislation that would require foreign manufacturers to have registered agents in the U.S. to represent them in state and federal courts.

DP World negotiated an extension of its contract to operate the container terminals in the Port of Maputo, Mozambique, to 2033 with an option to extend for a further 10 years.

The Drewry trans-Pacific Container Rate Benchmark jumped 18.9 percent in the past week to the highest level ever in the five-year history of the trans-Pacific spot pricing index.

Maersk Line said it will start manufacturing new containers in response to an “unprecedented” sh

Hapag-Lloyd and Evergreen Line announced plans to increase rates on some of their India services.

Severe terminal congestion at India’s Port of Jawaharlal Nehru prompted shipping lines to divert northern hinterland cargo to neighboring west coast ports such as Pipavav and Mundra.

U.S. air freight traffic grew 22.1 percent in the first quarter, helped by strong growth in international markets, according the U.S. Bureau of Transportation Statistics.

The first vessel on a new all-water service operated jointly by MOL and “K” Line called at Jacksonville early Wednesday.

U.S.

DHL Global Forwarding and sister company Danmar Lines are launching a trans-Atlantic expedited less-than-containerload service connecting 19 European ports and New York.

Canadian truckers angry about a reservation system they say is making it difficult to use the ferry linking Newfoundland and the Canadian mainland protested yesterday.

The nation’s highest court will decide whether Alabama can keep collecting a 4 percent sales and use tax on diesel fuel used by railroads, or whether that levy discriminates against rail lines b

The port of Felixstowe took delivery of three of the world's biggest ship-to-shore gantry cranes for its new deepwater container terminal.

A bipartisan Senate bill aimed at defending businesses from fraudulent freight brokering schemes is being backed by independent truckers and freight brokers.

The Port of Albany, N.Y., said its replacement and extension of a wharf to provide an on-dock rail connection for project and heavy-lift cargo is on schedule for completion next year.

Maersk Line is telling its customers to expect a shortage of container availability for exports out of Asia lasting through the peak season.

FedEx Freight's losses more than tripled in the fiscal year ending May 31, as steep price discounting in 2009 cut deeply into its earnings, despite market share gains.

Royal Boskalis Westminster, the world’s biggest dredging company, won a contract to help build a sand berm to protect the Louisiana coastline from the oil spill in the Gulf of Mexico.

Output at U.S. factories, mines and utilities rose 1.2 percent in May, led by a third straight monthly increase in manufacturing, the Federal Reserve reported.

Panama’s Cabinet Council on Tuesday approved the Panama Canal Authority’s proposed toll increases, which will result in tolls on container ships rising nearly 14 percent when they tak

Norway's Wilh. Wilhelmsen raised $228 million from a global share sale ahead of a listing of its ocean car shipping and logistics units.

FedEx’s net profit reached $419 million in the quarter ending May 31 following a loss a year ago and the company said Monday it expects a recovering global economy and stronger pricing to push e

Although the volume of containers passing through the Port of Rotterdam dropped by 10 percent in 2009, the share of container volume transshipped through the port rose to 30 percent from 28 percent in

Expiration of a federal tax credit for buyers caused U.S.

“K” Line acquired a 51 percent share in the U.S.-based logistics service provider Air Tiger Express Companies.

Economic growth in the U.S.

The Federal Maritime Commission on June 23 will review preliminary findings in its fact-finding on vessel capacity and equipment availability for U.S. shippers.

Charleston’s container volume climbed more than 22 percent in May over the same month last year, with 68,238 pier containers handled, about the same as in April.

Truckload capacity is tightening in the U.S. Southeast at a greater rate than other portions of the country, according to Longbow Research.