Panama Canal locks expansion project
The Panama Canal Authority is shooting to open its third set of larger locks that can handle post-Panamax ships in May, but it doesn’t expect the larger locks to attract new services for several months.

Another multi-million dollar settlement was reached in the long-running antitrust class action lawsuit in the U.S. that has involved most of the world’s major carriers, with Air China agreeing to pay $50 million.

Efforts to improve chassis quality and availability in the Port of New York and New Jersey are inching forward despite the long delay in the launch of a common chassis pool, a Port Authority of New York and New Jersey official said.

Singapore Post’s steady expansion into e-commerce and logistics lifted the company’s nine-month net profit by almost 18 percent to $101.9 million from April through October, with 40 percent of the revenue coming from overseas.

The International Air Cargo Association (Tiaca) has urged the U.S. Transportation Security Administration to clarify recent updates to air freight carried on passenger planes and freighters from several Middle Eastern countries.

Echo Global Logistics revenue and net revenue in fourth quarter rose on the the company’s recent acquisition of Command Transportation, but related integration costs dragged down profit by double digits.

Lower freight volumes drove YRC Freight to a loss in the fourth quarter, but the loss wasn’t enough to erase gains the less-than-truckload carrier made throughout the rest of 2015.

Freight rates in the trans-Pacific edged lower this week as the final shipments left Asia before factories there shut down for two weeks for the Chinese New Year celebrations. Even larger declines in freight rates could take place in the coming weeks.

Japan’s government has drawn up the drafts of guidelines and revised ministry ordinances, which contain penalties and variation between the verified gross mass and actual weight of a container, for the smooth implementation of the International Maritime Organization's looming Safety of Life at Sea, or SOLAS, container weight rules.

Trucking employers defied transportation hiring trends in January and added 1,500 jobs, putting more truck drivers in trucks.

Federal Maritime Commission Chairman Mario Cordero said he sympathizes with Los Angeles and Long Beach port users seeking less truck congestion and more transparency from the ports’ PierPass program for off-hours truck gates.

South Korea’s Hanjin Shipping has introduced a new container service at Krishnapatnam Port, a fast-growing alternative, minor, cargo gateway on India’s southeastern coast.

APM Terminals-operated Gujarat Pipavav Port is making a strong pitch for more roll-on, roll-off traffic, as the minor cargo facility on India’s west coast struggles to grow its container volumes amid sluggish global demand.