Hutchison Port Holdings Trust (HPH Trust) reported a 16 percent rise in first half net profit on the back of i
Inadequate airspace capacity for civil air traffic, rapid growth of the Chinese aviation industry, capacity co
Evidence of volume growth in east-west container shipping markets was revealed in Orient Overseas Container Line’s most recent results.
After five years leading a broad and often controversial effort to reshape federal truck safety regulation, Anne S. Ferro is leaving the Federal Motor Carrier Safety Administration.
Price drops continued to be reflected in the Shanghai Containerized Freight Index this week, as every major lane on the index saw spot rates fall.
Swift Transportation, the largest U.S. truckload operator, got even bigger in the second quarter, but potential growth was restrained, the company said, by a “challenging driver market.”
Several container lines have planned general rate increases in multiple trade lanes in August, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
A year-long contract dispute between United Grain Corp. and the International Longshore and Warehouse Union effectively shut down export operations at the Vancouver, Wash., facility this month following a decision by the governor of Washington to withdraw state trooper escorts for grain inspectors.
Air France-KLM today said it is weighing a partnership or restructuring of its freighter business after booking cargo losses and charges of $205 million in the second quarter, but stressed it will remain a major player in the air freight market.
Total rail traffic on North American railroads broke the 11-million-carload mark this week, posting year-to-date gains of 3 percent compared with 2013.
Costamare’s revenue and net income grew in the second quarter as the Greek container shipowner boosted its fleet of chartered vessels.
Rail and truck shippers in North America continue to face constricted capacity and rising costs and the situation will most likely continue through the remainder of the year.
DP World’s container traffic increased 9.3 percent on a like-for-like basis in the first half of 2014.