Carriers are proceeding with the largest single trans-Pacific eastbound rate increase in years but have only postponed making a formal announcement.
Toll Holdings will offload assets and business units this financial year raising $85 million as Australia’s largest logistics provider tries to improve revenue after a rough first quarter.
Increasing container dwell times are taking a toll at the ports of Los Angeles and Long Beach, further exacerbating congestion at the busiest U.S. port complex.
APM Terminals is eyeing expansion in Turkey to take advantage of container volume growth at the nation's Mediterranean and Black Sea ports.
The idle container ship fleet has fallen to its lowest level since the global financial crisis erupted in late 2008 , as port congestion on the U.S. West Coast and in Manila keeps vessels in work.
The Port of Houston Authority has selected Lockwood, Andrews & Newnam Inc. to design the first phase of a new rail line to the port’s Bayport terminal.
The value of U.S. trade with Mexico and Canada increased by $7.8 billion in September, exceeding $100 billion for the seventh straight month as manufacturing activity and freight shipping in all three North American Free Trade Agreement partners expanded.
Hamburg increased container traffic by 6.4 percent in the first three quarters, closing the gap with Rotterdam, the European market leader, and stretching its lead over third-ranked Antwerp.
Clarksons, the world’s largest shipbroker, is paying £281.2 million [US $440 million] for its Oslo-based rival RS Platou, in a record deal likely to accelerate consolidation in the sector.
Shippers face another round of woes even after their stalled containers move from congested Los Angeles-Long Beach via intermodal rail to Chicago.
The International Transport Workers' Federation is battling with the Panama Canal Authority, accusing the PCA of trying to shut down a tugboat captains' union in advance of the canal's expansion.
A tentative U.S.-Mexico aviation pact would expand air cargo services linking the North American trading partners, but the biggest benefits may go to global shippers.
The rapid expansion of China’s largest courier SF Express both internationally and across domestic cities over the past two years has been stunning, yet the growth of e-commerce in its home market is always one step ahead.