Canadian Pacific Railway CEO E. Hunter Harrison yesterday struck back at critics of potential rail industry consolidation, saying U.S. regulators could approve a merger and service would improve as a result.

Canadian Pacific
Canadian Pacific Railway’s domestic intermodal push keeps gaining steam, with volume jumping 19 percent year-over-year in the third quarter and demand sometimes even exceeding the railroad’s capacity.

Hamburg Süd said it has taken steps to combat significant delays in vessel arrivals and departures at the ports of Los Angeles and Long Beach as severe congestion at the largest port complex in the Americas has reached a new level of intensity.

Japan’s trade surplus with the United States expanded for the first time in eight months in September on a year-over-year basis, as exports posted relatively strong growth despite a decline in auto shipments, according to preliminary trade figures released by the Japanese Finance Ministry today.

The American Apparel & Footwear Association and the China Chamber of Commerce for Import and Export of Textiles and Apparel today signed a memorandum of understanding aimed at easing U.S.-China shipments of fashion products in both directions.

Dockworkers in Costa Rica walked off the job today, continuing a long battle over a proposed container terminal operated by APM Terminals with a strike.

Construction on Crowley’s two vessels powered by liquefied natural gas began today, with the first of the pair slated for delivery in second-quarter 2017 and the second expected later that year.

A key indicator of trucking activity was flat in September compared to August, reflecting decreased demand in hauling for retailers but increased business from factories.

DP World Terminal 3
DP World's newest Jebel Ali terminal received its first vessel call today, paving the way for the automated terminal to become fully operational next year.

Equipment financing activity skyrocketed in September, rising 31 percent from August and 21 percent year-over-y


British freight forwarders and shippers are struggling with a trans-Atlantic problem: a shortage of skilled truck drivers.

CN train
Canadian National Railway said today that congestion at the Los Angeles-Long Beach port complex could cause U.S. shippers to divert cargo to western Canadian ports in three weeks, giving the railroad more intermodal business.

IATA Volumes chart
Air cargo volumes will grow 4.1 percent annually through 2018, according to recently released forecast from the International Air Transport Association.