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Despite significant losses by its container carrying division, a buoyant tanker market coupled with cost-cutting measures to help Shipping Corporation of India post a whopping 230 percent profit increase in the April-June period from a year earlier to Rs. 163.54 crore (approximately $25.5 million).

Damco posted a rare profit in the second quarter as Maersk’s troubled freight forwarding and logistics arm reaped the benefits of a radical restructuring program.

Operations at two container terminals in the port of Tianjin have been suspended following the massive blast at a dangerous goods warehouse that has reportedly killed more than 40 people and injured hundreds.

Maersk Line and Mediterranean Shipping Co. are axing one of their Asia-Europe services in the latest cutback by carriers on the troubled route that is facing lower traffic and tumbling freight rates.

APM Terminals posted a sharply lower profit in the second quarter and downgraded its full-year earnings forecast as it trailed global market growth due to lower import volumes at its terminals in oil-dependent Russia and West Africa.

Rising container volumes carried by Maersk Line in the second quarter failed to offset plunging freight rates on the Asia-Europe trade, dragging the world’s largest carrier to its first year-over-year decline in quarterly profit since 2012.

APM Terminals has entered Colombia after joining forces with domestic terminal operator Compas S.A. to manage and operate the latter’s existing multipurpose Cartagena Terminal.

The surge in freight traffic that began in April dissipated in July, as shipments dropped 1.6 percent from June, the latest Cass Freight Index shows. That's a normal seasonal trend, Cass said, pointing out that volumes are still higher than in 2013 and the early economic recovery.

The Maritime Union of Australia has taken legal action in federal court against Hutchison Port Holdings’ decision to terminate 97 members of its 222-strong Australian.

Los Angeles-based Cargomatic has expanded its Uber-like technology for matching trucks and shipments to the tri-state market of New York, New Jersey and Connecticut after several months of testing.

Canadian National Railway’s President and CEO Claude Mongeau said Wednesday he will take a three-month leave of absence to address significant health concerns.

Macy’s is expanding same-day delivery options into more markets, upping the ante in its high-stakes poker game with e-commerce giant Amazon.

An enormous explosion said to have injured hundreds and been felt 10 kilometers away from the epicenter has been blamed on a container held at a terminal in the Binhai New Area, Tianjin, China, according to Chinese news report.

Werner Enterprises has shaken up its top management, with founder C.L. Warner taking the role of chairman from one son and another son giving up his position as vice chairman.

Nippon Express Co., Japan’s largest international freight forwarder, has reached a key milestone in its Asia strategy with the launch of a time-saving truck service between Kunming, the capital city of Yunnan province in southern China, and Bangkok, Thailand’s capital.

A niche shipping service between Antwerp and Cleveland is providing other Great Lakes ports with a sprinkling of containerized cargo.

Finnish crane manufacturer Konecranes is joining forces with its bigger U.S. rival Terex Corp. in an all-share merger to create a $10 billion-a-year group that can better respond to stiffer competition from Chinese manufacturers and slowing European and North American demand.

Construction workers building the Panama Canal’s third set of locks have called off a threatened strike after winning a pay increase from the construction consortium at the helm of the project.

Surging demand for U.S. industrial real estate is outstripping demand, pushing rents to near pre-recession levels and attracting speculative investment in new facilities, according to a new report by the real estate firm CBRE Inc.

Trading of the eight listed units of Cosco and China Shipping on the Shanghai, Shenzhen and Hong Kong Exchanges has been suspended all week in preparation of a joint announcement by the giant state-owned carriers that is widely expected to be news of a merger.

The expansion of the Suez Canal and the reduced draft for ships transiting the Panama Canal won’t immediately impact the rival waterways’ shares of Far East-U.S. East Coast traffic, according to Alphaliner.

The Italian government plans to sell up to 40 percent of the state-owned postal company Poste Italiane in an initial public offering in October.

APM Terminals’ Gateway Terminals India resumed operations Wednesday morning following the end of a week-long shutdown due to labor troubles, but it will take stakeholders weeks to clear up cargo backlogs and bring ship schedules back on track at the country’s busiest container gateway, Jawaharlal Nehru Port Trust, according to local shipping sources.

Smaller ports in the Philippines are bracing for rising container throughput following the government approval of an act that liberalises the country’s cabotage law and allows foreign carriers to participate in the domestic transport of cargo.

Multipurpose carriers face fresh competition from the Press family's return to the shipping sector with new company d.ship Carriers.

China’s currency has now fallen 3.5 percent in two days after the central bank on Tuesday triggered the yuan’s greatest one-day decline in 20 years, and it is expected to fall further as the country struggles to reverse a sharp drop in trade recorded in July.

Workers handling rubber-tired gantry crane operations and their employers at Jawaharlal Nehru Port Trust reached a new contract late Tuesday, ending a week-long strike that shut down APM Terminals’ Gateway Terminals India facility, the largest container terminal in India.

Norfolk Southern Railway says infrastructure improvements and added locomotives are improving network velocity, but the railroad’s intermodal train speeds, an indicator of network reliability, tell a different story.

Infor’s announcement that it would acquire GT Nexus for $675 million is the latest sign of how consolidation in the logistics cloud-based software industry is paralleling similar activity in the global third-party logistics market.

Customs broker A.N. Deringer is billing its new less-than-containerload service from Hong Kong to Toronto as faster than via U.S. West Coast offerings, and free of U.S. harbor maintenance taxes and customs paperwork.

New York-New Jersey truckers and APM Terminals are exploring a pilot program that would allow drayage drivers to make expedited pickups of containers that have been pre-sorted in blocks for a single customer.

Shippers wanting to better track their containers railed from Europe to Asia have a new option, reflecting not only the rush of interest in the rapidly growing trade lane but also the persistent threats of theft — often from customs inspectors.

Russia plans to increase container volume through the Baltic Sea via the opening of a Bronka seaport and CMA CGM weekly services set to begin calling the port in September.

The $5.25 billion Panama Canal expansion project may face a fresh setback if construction workers building the third set of locks follow through with their threat to strike.

London Heathrow’s cargo traffic decreased by 5.4 percent in July from a year ago but the airport urged the government to approve an expansion of the airport to keep pace with growing trade with emerging markets.

Hub Group’s President and Chief Operating Officer Mark Yeager has resigned from his post, a move one analyst called a “surprising and abrupt” departure from the Chicago area-based intermodal rail provider.

In a sign Jawaharlal Nehru Port Trust users are running out of patience with congestion spurred by the shutdown of APM Terminals-operated Gateway Terminals India, which halted operations August 4 following labor troubles, ship agents representing ocean carriers in JNPT have called on federal government agencies to urgently step in to restore normalcy at the country’s busiest container port.

Nippon Express Co., Japan’s largest international freight forwarder, said that it has bought the remaining 5 percent of Nippon Express (China) still held by a Chinese partner to speed up the decision-making process. Those decisions center on adjusting to China's rapidly changing logistics business environment, wherein manufacturers are shifting their operations further inland, necessitating greater inland penetration by international logistics firms.

Allcargo Logistics Ltd., India’s leading international freight forwarder and logistics provider, posted a big jump in net earnings driven by strong gains across multiple segments, especially cargo consolidation, in the first fiscal quarter.