An influx of freight and higher rates is boosting third-quarter profitability at YRC Worldwide, the company said Tuesday.
China’s top port operator and an engineering group will invest $601 million in a container terminal at Sri Lanka’s Hambantota port, as China seeks to deepen its ties with the strategically placed Indian Ocean island.
With the odds growing that a global ballast water treaty will come into force next year, concern is building among shipowners, including container carriers, that its implementation will be chaotic, expensive and ineffective.
A navel-gazing session by container shipping companies on the need for improved product differentiation and better service did little to impress an audience of customers and industry experts here this week.
The volume of intermodal units moving on North American railroads last week rose year-over-year, according to the Association of American Railroads, a sign that the peak season is now kicking in for intermodal shippers as the ocean peak recedes.
After staying flat for most of August, spot market truck rates began rising in early September, possibly en route toward a third peak in 2014 as US trucking’s peak season begins
Tanzania’s government has negotiated with China to allow work to start earlier than planned on a massive new $11 billion port in Bagamoyo
A U.S. refrigerated rail transport provider’s decision to suspend service, citing poor rail performance by BNSF Railway, has given a prominent senator ammunition to criticize poor rail service.
Three global funds will invest $700 million in XPO Logistics, accelerating the fast-growing company's acquisition plans for 2014.
Construction on the controversial Nicaragua Canal will begin in December, a member of the Nicaragua Grand Canal Commission has confirmed.
Congestion at the Port of Manila could last well into the first quarter of 2015, Philippine officials say, desp
PierPass Inc. is launching a program in Los Angeles-Long Beach that could lower truck turn times for large importers to as little as 11 minutes, compared to the 45 to 60 minutes it generally takes now when terminals are operating efficiently.
The case and the severity of the sentence underscores international concern about truck driver fatigue and the enforcement of daily work limits and adequate rest periods.