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CMA CGM swung to a net loss of $30 million in 2011 from a $1.6 billion profit in 2010 but the French ocean carrier said cost savings and lower ship charter rates will return it to the black this year.

Panalpina swung to a profit of $139.7 million in 2011 from a 2010 loss of $28.6 million as the Swiss logistics and forwarding giant enjoyed organic growth across all regions and product divisions.

Manufacturers are looking for lower-cost sourcing locations as China’s wages rise well above those in other emerging markets.

Hapag-Lloyd is seeking a series of general rate increases on East Asia services, as part of a new rate restoration program.

International Longshoremen’s Association President Harold Daggett warned of a possible ILA strike if the union can’t secure acceptable terms in a new contract.

Multiyear contracts indexed to freight rates are slowly starting to catch on in global trade lanes as a means of creating stable and predictable rates for shippers and ocean carriers.

Smith Electric Vehicles expanded its line of commercial trucks, introducing the Newton Step Van at the NTEA Work Truck Show in Indianapolis Tuesday.

Nearly 200 mayors joined the chorus of local officials and businesses urging Congress to enact multiyear surface transportation legislation while the turmoil over the subject swirled on Capitol Hill T

India’s Tariff Authority for Major Ports ordered a 27.85 percent reduction in tariffs currently levied by Nhava Sheva International Container Terminal, a DP World facility in the Port of Jawahar

The less-than-truckload transportation industry grew 11.6 percent in 2011, pushing total U.S. LTL revenue past $30 billion for the first time since the recession.

CEVA Logistics’ earnings grew by 9.9 percent in 2011 year-over-year to $421 million on cost cuts and improved efficiency, as revenue rose one percent to a record $9 billion.

Air cargo volumes in the Asia-Pacific region fell nearly 13 percent in January compared to a year earlier.

Just four months after launching its Daily Maersk liner service in the Asia-Europe trade, Maersk Line says it could expand the highly popular “conveyor belt” offering to other trade routes

The port of Liverpool will start construction early next year on a $480 million, deep water container terminal with an initial 500,000 20-foot equivalent units-a-year capacity.

With dozens of federal agencies having some degree of involvement in the cargo clearance process, importers are crying out for a single government portal at the border.

Exporters are complaining about inaccuracies in ocean carriers’ electronic data that expose shippers to costs and delays.

The Federal Maritime Commission has agreed to give shippers and carriers more ability to manage rate risk in service contracts through a new rule allowing contracting parties to agree to rates based o

Container ship lines will struggle to achieve profitability while attempting to manage capacity that’s expected to rise faster than cargo volume, and the result may be more rate volatility and s

The economies of scale that are driving carriers to replace their fleets with mega-ships will result in the consolidation of shipping lines or in the reduction of competition on customer service, acco

Trade groups advocating a new multi-year transportation bill have enlisted former presidents Reagan and Clinton in advertising to support their cause.

Non-asset freight transportation interests in the U.S. and China formed an alliance last week to promote trans-Pacific cooperation in third-party logistics.

Switzerland’s Kuehne+Nagel forecast above market average growth in an uncertain global economy for 2012 as net earnings grew only marginally to a record $661 million in 2011.

Two technology companies focused on port drayage and container chassis services, Advent and eModal, merged to form Advent Intermodal Solutions.

Maersk Line will not allow its renewed focus on profitability rather than cargo volume to eat into the significant gains in market share it achieved in 2011, the carrier said on Monday.

The trucking industry will outperform the U.S. economy this year, with truck freight growing 3.9 percent, greater than overall GDP, according to FTR Associates.

Indonesia will see rapid growth in logistics demand this year but needs huge investment in transport infrastructure to realize its true potential, according to one leading analyst.

Net orders for new Class 8 trucks dropped 11 percent in February from January, the second straight month of decline, according to research firm FTR Associates.

Saudi Airlines Cargo will launch a twice-weekly B747 freighter service to Saigon, Vietnam, on March 25, linking the Southeast Asian country to the Middle East and Frankfurt, Germany.

United Arab Shipping is joining other major ocean carriers in seeking a second general rate increase this year on the troubled Asia-Europe trade lanes.

Maersk Line is teaming up with BNSF Railway to offer day-definite delivery of Asian imports through Los Angeles to Chicago, Memphis, Dallas, Houston and the CSX Railway hub at Northwest Ohio.

Westbound trade from the U.S.

Cosco Container Lines and China Shipping Container Lines are looking to expand their vessel-sharing agreements on China coastal and intra-Asia trade lanes to other routes, said Capt.

Jim Devine hit the roof when the Port Authority of New York and New Jersey raised the truck and auto tolls on its bridges and tunnels last September.

Before teaming up with supply chain management software provider Descartes a decade ago, CVS, the nation’s biggest pharmacy chain, relied on historical data and safety inventory to avoid the cos

As TNT Express cajoles UPS to sweeten its $6.5 billion takeover offer, rivals FedEx and DHL Express are scrambling to react to a transformative deal likely to trigger further consolidation of the glob

They have deep water. They have more than 500 acres with a mile of waterfront and environmental approvals in place.

From Valparaiso, Chile, to Vancouver, British Columbia, ports face the reality that their land-use and business growth plans can’t be developed in a vacuum.

Maersk Line’s warning that it would follow up 2011’s $602 million loss with another year in the red underscores the dire forecast by most of the major ocean carriers that have reported ear

A top shipment arriving in Detroit by air not long ago drew the interest of the Consumer Product Safety Commission after the agency got a heads up from data collected by Customs and Border Protection.

U.S. rail growth this year is expected to outpace overall economic expansion as manufacturing expands and the shifting energy landscape gives as well as takes.