A recently-awarded navigation project will likely further fuel continued Asia volume gains at the Port of Jacksonville, Florida.
Old Dominion Freight Line didn't brake for the general slowdown apparent in first-quarter U.S. GDP. The less-than-truckload carrier reinvested earnings in expansion.
Charter rates for containerships up to 6,500 twenty-foot equivalent units are on a roll as a rush of new liner services injects a further boost to an already dynamic market, Alphaliner reported.
Major Japanese international freight forwarder Yusen Logistics Co. said that its group net profit more than doubled in the fiscal year ended March 31, as its revenue grew robustly and its strenuous cost-cutting efforts paid off.
Panama’s cabinet council has approved a request by the Panama Canal Authority to implement volume-based discounts for container ships. The new toll schedule will take effect April 1, 2016.
The ports of Los Angeles and Long Beach achieved a post-congestion milestone this week with no container vessels arriving at anchor on Tuesday, and again on Thursday, for brief periods.
Strong growth across multiple segments, especially intermodal, helped India’s Gateway Distriparks Ltd. deliver impressive results in fiscal year 2014-15, which ended March 31.
Dayside operations at the Port of Oakland will be suspended Friday as longshoremen hold their monthly stop-work meeting to discuss union matters.
UPS Freight is adding liquefied natural gas-powered tractors to its less-than-truckload fleet, cutting emissions and, hopefully, long-term term fuel costs. Shippers still want trucking partners to help them reach sustainability goals.
ANA Holdings and Japan Airlines posted mixed earnings results in the fiscal year ended March 31, even as the two biggest Japanese air carriers saw their international cargo revenues soar.