Latest news

Fesco reported strong gains in international ocean container traffic and intermodal shipments in the first nine months of the year, as Russia’s largest container line benefited from surging impo

Global container freight rates fell for the fourth straight month in September and are down 35 percent in the last 12 months, according to London-based Drewry Maritime Research.

Horizon Lines lost $126.5 million from continuing operations in the third quarter, compared with a $8.2 million net profit a year earlier, but expects its recent refinancing and exit from the trans-Pa

Something scary happened on Halloween this year. On that day, a child was born somewhere in the world who brought the global population tally to 7 billion.

The Port of Kobe in western Japan saw container traffic rise 5.4 percent year-over-year in the first half of 2011, as imports rose 6.1 percent at the country’s fourth-largest container port.

A new management style is becoming evident at YRC Worldwide and its long-haul subsidiary YRC, as new CEO James L.

The intermodal industry gathers next week in Atlanta for the Intermodal Expo, hosted by the Intermodal Association of North America.

No one’s suggesting there will be nothing under Christmas trees this year, but container ship lines are finding little to celebrate as the holidays approach.

Amid projections the shipping industry in 2012 will face another year of weak cargo growth and overcapacity, APL does not foresee carriers having much leverage in service contract negotiations next sp

To port planner John Vickerman, the questions over the size of new vessels coming to U.S. marine terminals disregard the most important figure.

The Cape Cod Canal seemed like a promising private venture when it was built in 1914, but Boston-bound ships preferred the long way around the cape to reach Boston harbor.

Alan D. Bersin’s past year must seem like a blur: The commissioner of Customs and Border Protection is in a hurry to make his mark, and time is running out.

Less than two months after being named president of YRC, Jeff Rogers is cutting away layers of management and consolidating sales and operations in an attempt to steer the national less-than-truckload

Kuehne + Nagel will pay a $9.9 million penalty after pleading guilty to charges in the United States that the global freight forwarder conspired with its competitors to fix air freight rates.

Caught between pressure from captive shippers and strong opposition from railroads, industry regulators chose Friday to delay making any decision on whether to impose more competitive switching rules.

American Feeder Lines is seeking a temporary exemption of the Jones Act to allow foreign-built ships into U.S.

L-3 Communications’ acquisition of a provider of cargo radiation detection systems gives the security giant new screening technologies, including a radiation detector that is affixed to a termin

Transportation employment increased more than 2 percent year-over-year in October, with rail employment up 3.8 percent and trucking up 2.9 percent.

The operator of the Cosco Busan, the vessel that struck the San Francisco Bay Bridge in November 2007, may be in violation of its probation, according to the Justice Department.

Federal Maritime Commission Chairman Richard Lidinksy says the container shipping industry's trans-Pacific discussion groups are showing "near outright defiance” of a commiss

CMA CGM transferred 50 percent of its shares in the Malta Freeport transhipment hub to the Yildirim Group of Turkey, as French ocean carrier restructures in the wake of its financial crisis.

Green Reefers and Seatrade are pooling their refrigerated cargo ship fleets to combat fiercer competition from ocean container carriers.

The New York City Economic Development Corporation is seeking a developer to buy or lease a waterfront site on the Arthur Kill Channel in Staten Island, partly for maritime use.

Hanjin Shipping reported a third-quarter operating loss of $1.5 million on its container operations as sliding frei

Activist hedge fund investor William Ackman’s plan for boosting the value of his stake in Canadian Pacific Railway does not include selling off the second-largest carrier in Canada, Ackman told

YRC Worldwide gave Jamie G. Pierson the job he’s been doing effectively since August, naming him executive vice president and chief financial officer.

Somewhere, somehow, the intermodal market missed the message that the U.S. economy might be stumbling back into recession.

A lawsuit filed by the Natural Resources Defense Council in California may have national implications for all railroads.

The center of intermodal growth is shifting toward the center of the U.S., as U.S. manufacturing creates more shorter-haul, domestic intermodal freight.

As more truckloads are converted to intermodal containerloads, trucking companies aren’t rushing to cut rates to keep that freight on the highway.

The $500 million financial restructuring completed in July may save YRC Worldwide in the long-term, but any gain came with some short-term pain in the third quarter.

Nippon Express Co. saw profit surge 133.9 percent to $128 million in the first half of fiscal 2011, which started in April, despite flat revenue.

The Shanghai Container Freight Index for Nov. 4 fell 1.4 percent from the week before to a record low, as the Asia-Europe index dropped by 5.5 percent from the prior week.

International Airlines Group’s cargo revenue was flat at $395 mi

Steady freight demand in less-than-truckload and truckload markets boosted Con-way’s total revenue 8.4 percent in the third quarter to $1.38 billion.

The Senate narrowly rejected a $60 billion transportation spending bill proposed by President Obama on Thursday, as many Republicans said they supported improving the nation’s infrastructure but

The U.S. agency that regulates economic issues between railroads and shippers says Union Pacific Railroad was the only major carrier that pulled in sufficient revenue in 2010.

Expeditors International of Washington improved net profit 11 percent in the third quarter to $106.6 million despite a 4 percent decline in gross revenue in a weakening freight shipping market.

Cargo-handling operations at the Port of Oakland returned to normal Thursday morning following a night of disruptions from the Occupy Oakland movement.

Rotterdam container traffic in the first three quarters of 2011 grew 7.7 percent y