Canadian Pacific Railway said it expects mid- to high-single-digit intermodal revenue growth this year, as domestic intermodal traffic builds steadily and container lines boost volume on improving services.
After five years of strength in the southbound leg, the weakening value of the real is generating strong demand for Brazilian exports.
Maersk’s chief executive warned global trade will never return to the heady growth rates experienced before the global financial crisis of 2008, partly due to moves by western firms to repatriate manufacturing closer to home.
The U.S. average spot rate for a dry van truck on DAT load boards dropped below $2 per mile last week for the fist time since May, as a slower post-holiday freight season began.
A dramatic drop in U.S. oil and fuel prices is proving a temporary salve for shippers pinched by rising transportation costs. The relief is only be temporary, analysts warn.
Higher rates, better utilization, more drivers and new holiday business meant more revenue and profit for Covenant Transportation in 2014.
The Pacific Maritime Association on Friday released detailed accounts of the dramatic drop in longshore productivity at West Coast ports that began in late October and continues to contribute to stifling port congestion.
Kansas City Southern Railway’s intermodal traffic increased 8 percent year-over-year in the fourth quarter of 2014, despite congestion from other U.S. railroads and cross-border diversions that cost it some volume.
UPS is considering "new pricing strategies," including targeted peak-season surcharge prices, after spending $200 million more than expected to deliver packages this holiday season.
Canadian National Railway turned down a request by the Teamsters Canada Rail Conference to extend the current conciliation process by 60 days, saying additional time isn’t required to reach an agreement.
Japan’s five biggest ports saw their international container traffic grow moderately in the first three quarters of 2014
Blue Dart Express is denying that its parent DHL Express Singapore Pte. Ltd. is negotiating to sell its holdings in the Indian subsidiary to U.S. e-commerce giant Amazon.
An Asia food inspection specialist has highlighted the enormous task facing China in improving its quality controls as the fragmented food production industry regularly generates high profile scandals