Strong business demand for package and freight transportation drove volumes and revenue higher at UPS in the second quarter.
The Port of Savannah broke the three-million-TEU mark for the first time in its recently ended fiscal year, a new record for the port.
TRAC Intermodal CEO Keith Lovetro says he’s optimistic a “gray” chassis pool can be created for the Port of New York and New Jersey, but that chassis providers should have a say in how the portwide pool is governed.
Blue Dart Express, India’s leading air express and logistics services provider, reported its net profit fell 16 percent in the first fiscal quarter.
Japan Airlines Corp.’s group net profit tumbled 19.4 percent in the first quarter of fiscal 2014.
In Gene Seroka’s first meeting with Los Angeles Mayor Eric Garcetti after being named executive director of the Port of Los Angeles last month, the mayor told Seroka what is expected of him: “Maintain and grow the nation’s number one port.”
A long-awaited tunnel linking Miami’s port to the interstate highway system will be open for business at the beginning of next week, after months of delays.
Facing growing port congestion, the port of Hamburg is implementing a far-reaching plan to better manage truck traffic of containers moving in and out of its terminals.
Dredging has begun on the first of two projects to deepen the Port of Houston’s container terminal channels from 40 to 45 feet, matching the depth of the Houston Ship Channel.
An activist group announced plans to block cargo moving off Israel-based Zim ships at Oakland on Aug. 2 to protest the conflict in Gaza.
Air freight spot rates on Drewry’s East-West Air Freight Price Index made up some of the ground lost in May last month, continuing year-over-year pricing gain trends.
Last winter, congestion at Port Metro Vancouver was so bad that it triggered a month-long strike by hundreds of truck drivers. Four months later, turn times are averaging less than an hour.
AirBridgeCargo Airlines, Russia’s largest scheduled cargo carrier, plans to add more routes and boost frequencies of existing services over the next six months after traffic soared 16 percent to an all-time high in the first half of the year.