Latest news

The Teamsters union’s Central States pension fund faces insolvency within 10 to 15 years unless Congress acts to stabilize the fund, its executive director said this week.

American meat exporters are struggling with a “dire” shortage of shipping containers that could slow resurgent sales to Asia and other overseas markets, the top executive of the U.S.

The tanker Wilmina was banned from U.S. waters for three years for violations of environmental law, the Coast Guard announced Thursday.

The Port of New Orleans Board of Commissioners decided Thursday to authorize building a $25 million dockside refrigerated terminal at the port’s Henry Clay Avenue Wharf.

Chicago is not only the nation’s crossroads, but its chokepoint.

Lufthansa Cargo and Austrian Airlines created a joint subsidiary to market the whole freight capacity of both airlines in Austria.

International air freight traffic grew 25.2 percent in April, the slowest monthly expansion so far in what has become a banner year for the expedited shipping industry, the International Air Transport

Five states received nearly $80 million in federal grants for high-speed rail projects today from the Department of Transportation.

Container throughput at the six container terminals in New York Harbor in the first quarter of 2010 increased by 9.6 percent over the same quarter last year though overall port activity remains 6 perc

U.S.

India’s Port of Cochin will offer concessions on vessel-related charges for mainline container vessels calling at its International Container Transshipment Terminal, the country’s first tr

There’s bipartisan support for quick passage of a comprehensive transportation bill, but members of the House Transportation Infrastructure Committee on Wednesday demonstrated there is still a w

Virginia broke ground Wednesday on a control center for high occupancy toll lanes on a stretch of the I-495 Capital Beltway that ranks as one of the worst U.S. congestion bottlenecks.

Japan's trade surplus with the rest of the world ballooned about 15-fold in April from a year earlier to $8.25 billion thanks to a robust growth in exports, according to preliminary figures released b

Container volume at the port of Marseilles increased 17 percent in April, adding to the strong upturn that marked the first quarter of the year.

Lego is expanding its North American distribution center by nearly 50 percent as the toy maker builds on a strategy to sharply expand its market share in the United States.

Zim Integrated Shipping Services narrowed its first quarter loss to $82 million from $119 million a year ago as increased cargo volumes outweighed lower ocean freight rates.

Maersk Line said it will implement previously announced rate hikes on the trans-Atlantic trades in the second half of the year despite a recent improvement in market conditions.

A.P. Moller-Maersk agreed to sell its UK supermarkets business to U.S. retailer Wal-Mart for $1.1 billion, continuing a disposal of non core operations to focus on shipping and energy.

Danaos cancelled an order for three container ships at a South Korean shipyard, the NYSE-listed container charter shipowner confirmed Thursday.

Expeditors International of Washington says its air freight tonnage soared 49 percent in April, growing faster than the 18 percent gain in the freight forwarder’s ocean volume.

Speed and location data collected from approximately 650,000 trucks is being used to pinpoint congestion hotspots nationwide and could play a key role in infrastructure planning and funding.

LONDON – A European shipowner canceled an order for three container ships because it could not finance the $300 million contract with a South Korean shipyard.

The Oregon International Port of Coos Bay may one day develop a container terminal that can handle the 8,000-TEU class vessels that are common now in the trans-Pacific trade, but a channel-deepening p

Evergreen Line and China Shipping Container Lines are teaming up to start a trans-Pacific service later this month linking Los Angeles and Oakland with central and northern China.

Orders for big-ticket goods rose 2.9 percent last month, largely because of a jump in demand for commercial aircraft, the Commerce Department reported.

A vessel coming in from the Gulf of Mexico requested inspection and cleaning Tuesday before entering the Mississippi River, the first time that’s happened since the oil spill that has been sprea

The U.S. Export-Bank is backing a $1.7 million loan for railroad equipment supplier Holland L.P. to sell two in-track welding systems to a customer in Brazil.

The senior Republican on the House Transportation and Infrastructure Committee said Tuesday he expects Congress will take up a comprehensive surface transportation bill in January, dimming any faint p

Economic activity is growing faster than expected but the sovereign debt crisis and overheating in emerging markets pose increasing risks, the Organization for Economic Cooperation and Development sai

Japan’s Mitsui OSK Lines and Russia’s Far Eastern Shipping Company are doubling the frequency of their joint service between Japan and Russia.

Work rules spelled out in contracts between owner-operator truckers and drayage companies may not provide the legal grounding to maintain the truckers’ status as independent contractors at U.S.

Net orders for heavy-duty trucks shot up 91 percent in April, as fleets began placing orders for trucks compliant with 2010 federal emissions rules, ACT Research said.

U.S. third-part logistics providers suffered a 16 percent drop in revenue last year but are bouncing back at double digits this year, according to Armstrong & Associates.

Canada will phase in 100 percent screening of air cargo under a new program that will include some US$90 million of funding to improve security for shipping at the country’s airports.

In a bold bid to cover U.S.

American consumers this month regained more confidence in economic prospects, The Conference Board reported.

CSX Transportation is finally reopening for overnight service a 200-mile Tennessee rail line between Nashville and Memphis, which had been closed since severe storms at the start of May and caused CSX

Ceva Logistics, the global supply chain management company, reported strong growth in first quarter profit and revenue driven by cost controls and gains in contract logistics.

The World Shipping Council appointed John Butler as its general counsel.