A bill introduced in the U.S. House of Representatives would prevent the publication of safety scores for trucking and bus companies and revamp the Federal Motor Carrier Safety Administration’s CSA scoring system.
The savings to be gained from a container line getting more miles to the gallon are immense, as Singapore's NOL Group can attest with $1.2 billion in cuts, and half of that came from bunker and network savings at its APL liner division.
Shanghai may be the busiest container port in the world, but almost half the boxes that cross its wharves every year are first carried down the mighty Yangtze River from manufacturing hubs deep inland.
TOTE Shipholdings and Saltchuk Resources have secured a $324.6 million Maritime Administration loan guarantee for construction of two container ships that will be fueled by liquefied natural gas.
U.S. diesel prices slipped 0.6 percent or 2.3 cents to $3.778 per gallon on Sept. 22, according to the U.S. Energy Information Administration, which brought the price to its lowest level since July 16, 2012.
The average amount intermodal providers charged customers for shipping a U.S. intermodal unit declined last month on a year-over-year basis, the first time since January 2013.
Near-shoring of manufacturing from China to Mexico, tight U.S. transportation capacity and competition from Amazon as a logistics provider were prominent topics in an annual survey of 27 third-party logistics CEOs sponsored by Penske Logistics and released today.
Air and ocean freight are expected to see “good” trade volume growth through the third and fourth quarters of 2014, especially in air freight, given a strong peak season outlook and a number of high-profile tech product launches, according to a new survey from the investment firm Stifel Nicolaus.
The European Shippers Council attacked the proposed 2M vessel-sharing agreement in a letter sent last week to the Federal Maritime Commission but is unlikely to convince the U.S. regulatory agency to reject the agreement involving the world’s two largest container lines.
U.S. containerized trade increased 2.6 percent year-over-year in the first half of 2014, with just three carriers — Maersk Line, Mediterranean Shipping Co. and Evergreen Line — accounting for 28.4 percent of all trade.
Florida East Coast Railway has acquired 500 new 53-foot containers and 100 chassis, as well as 50 refrigerated trailers to cater to customers in the perishables market. All of the units will be in service by mid-October.
Joseph P. Ruddy has been appointed chief innovation officer at the Port of Virginia, and Shawn Tibbets will succeed him as chief operations officer.
Even as air freight space out of China is has tightened because of the launch of the Apple iPhone 6, the typical air freight surges associated with major electronics product launches are not what they used to be.