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U.S. Navy searchers have found the wreckage of what they believe to be the TOTE Maritime cargo ship El Faro after the vessel disappeared Oct. 1 during a hurricane with the loss of its 33-member crew.

The Northwest Seaport Alliance has outlined the goals and strategies that will guide future development of the Seattle-Tacoma gateway in an era that will be dominated by big ships, mega-alliances and fierce competition among ports for a larger piece of the North American container trade.

In the wake of a major deepening project to accommodate post-Panamax megaships, there is intense debate over how successful the Port of Miami will be realizing its goal of becoming a competitive gateway for Asian imports destined for points beyond Florida.

YRC Worldwide drove further into the black in the third quarter, raising net profit at its national and regional less-than-truckload carriers.

Spot rates on the Shanghai Container Freight Index to the U.S. West and East coasts bumped up this week.

Baltic Stevedore Co. said its new nearly two-acre container yard for empties and an inspection point will speed up customs cargo processing and improve inland distribution at the Baltiysk container cargo terminal.

Atlantic Container Line has taken delivery of the first of five new container/roll-on, roll-off ships that are the largest of their type ever built and that will expand ACL’s unique trans-Atlantic niche.

The port of Rotterdam has established a strategic partnership with the Bank of China focused mainly on Beijing’s “Belt and Road” strategy to boost trade links with Europe.

International Airlines Group posted a slight increase in cargo revenue in the third quarter despite a bigger decline in volume as the Anglo-Spanish carrier scaled back freighter operations.

APM Terminals-operated Gujarat Pipavav Port recorded a 24 percent year-over-year decline in its container volumes during the second fiscal quarter, according to a company statement filed with the Bombay Stock Exchange.

Hapag-Lloyd on Friday cut the price range for shares in its initial public offering, citing “ongoing market volatility.”

Japan Airlines Corp.’s net profit surged 28.7 percent year-over-year in the April-September period to 103.4 billion yen ($854 million), as lower fuel prices and cost-reduction efforts more than made up for a decline in cargo operations revenue.

NOL’s third-quarter results were awash in red ink as the Singapore-listed company reported a third-quarter net loss of $96 million, down 300 percent compared to the same period last year as rate levels tumbled on the major trades.

Spot rates on the battered Asia-North Europe trade skyrocketed 327 percent to $988 per TEU this week as some carriers appeared to recover the full Nov. 1 general rate increases for the first time since anyone can remember.

Japan’s three largest container lines saw their group revenues miss forecasts and remain almost flat in the first half of the current fiscal year, while Mitsui O.S.K. Lines (MOL) slipped into the red.

Hours after reporting a $160 million net loss in the first nine months of the year, China Shipping Container Lines announced that it planned to charter 11 mega ships of 21,000 TEUs.

U.S. infrastructure projects focused on improving freight movement got more backing from the federal government in the latest round of a popular grant program.

Hub Group profit rebounded in the third quarter after a management shake-up and intermodal volume declines. The strong quarter was partly thanks to increased intermodal and truck brokerage freight volume and incremental rail service improvements, the company said.

Too few shippers are ready to meet new global regulations requiring the weighing of containers before they are allowed to be loaded onto a ship, said Chris Welsh, secretary general of the Global Shippers’ Forum, the largest global shipper group. Welsh spoke with JOC.com Executive Editor Mark Szakonyi in late September about the risks of not complying with the rules set to take effect July 1, ways to meet the International Maritime Organization regulations and the complicated issue of who exactly is a “shipper.”

The Oakland Port Authority said Thursday a longshore labor shortage that generated congestion and long truck lines at marine terminals is over and operations are returning to normal.

'Softening' freight demand affects all carriers, slowing growth at Old Dominion Freight Line and pushing down revenue and profit at Saia. Carriers are adapting to the slower paced economy.

Even though global trade growth has slowed, there’s still plenty of opportunity out there as the list of the fastest-growing global transportation providers shows.

Air France-KLM’s cargo losses narrowed in the third quarter but revenue and traffic shrank as the carrier slashed its full-freighter capacity in a bid to return to the black.

A senior leader of the International Longshoreman’s Association expressed optimism on Wednesday over a multiyear contract extension with East and Gulf Coast employers but said it won’t happen by the end of the year.

China Shipping Container Lines followed China Cosco into the red today with the mainland’s second largest carrier posting a $160 million loss for the first nine months as revenue took a dive.

Lufthansa Cargo is heading for its first annual loss in six years after Europe’s largest freight airline sank into the red for the second consecutive quarter.

After years of saying it was nearing completion of a new, privately-operated offshore container terminal, authorities at the Mumbai Port Trust are now looking to redesign and rebid the troubled project.

Capacity and expansion projects at global ports and terminals could be slowed by lower demand for container port services as a result of China’s slowdown and other developments in the global economy, according to Drewry Shipping Consultants.

China Cosco posted a $270 million net loss in the third quarter as revenue for the three months crashed almost 20 percent year-over-year.

Long-time truckload profit leader Heartland Express lost some traction as lower shipping demand met higher truck capacity in the third quarter.

Canadian National Railway beat expectations and “a tough volume environment” in the third quarter, executives said, as profits surged on strong domestic and overseas intermodal demand.

LONG BEACH, California — Footwear importers will save millions of dollars in annual duties if the Trans-Pacific Partnership trade agreement is implemented by the participating countries in the coming two years, the president of the Footwear Distributors and Retailers of America said Tuesday.

A double-digit jump in loaded imports at the Port of New York-New Jersey pushed total traffic up 14.3 percent year-over-year to set a September record.

Despite softer demand in the North American truckload and ocean shipping markets, C.H. Robinson Worldwide increased freight volume, net revenue and net profit in the third quarter.

APL has agreed to pay $9.8 million to the U.S. government to resolve allegations that the carrier misrepresented its ability to track containerized military shipments from Pakistan to Afghanistan.

A one-two punch of falling intermodal volume and weakness in the coal market hit Norfolk Southern Railway hard in the third quarter, prompting railroad executives to downplay expectations for the rest of the year.

Shippers are likely to rely more on smaller shipments and fast-cycle replenishment to reduce overstocked inventories, and that's an opportunity for less-than-truckload operators, YRC Freight says.

Qatar Airways unveiled plans to build a new cargo terminal at its global hub at Hamad International Airport in Doha to keep pace with its “phenomenal” traffic growth.

India’s biggest container handler, Jawaharlal Nehru Port Trust, said the introduction of inter-terminal truck transfer procedures aimed at easing gate congestion have produced significant productivity gains for terminals, drayage companies and the trade in general.

DSV, the Danish transport and logistics company acquiring U.S.-based rival UTi Worldwide, raised its 2015 earnings outlook after posting strong third-quarter results.