North America

North America

19 Sep 2014
BMW Group has opened a vehicle processing and distribution center to support a new five-year agreement that will increase the German automaker’s imports through the Port of Baltimore.
Ocean carrier rate revision roundup for Sept. 19
19 Sep 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
18 Sep 2014
Ohio’s Port of Cleveland and Dutch breakbulk carrier Spliethoff Group have decided to add a second monthly vessel to the Cleveland-Europe Express, or CEE ― the only container and breakbulk service currently operating between Europe and a Great Lakes port.
18 Sep 2014
Canadian National Railway faces a fine from the Canadian government after failing to obey Ottawa’s order to move a minimum amount of grain weekly.
18 Sep 2014
A powerful U.S. resource that backers say helps many American exporters stay competitive globally will likely survive another nine months after the U.S. House of Representatives granted a funding extension for the U.S. Export-Import Bank on Wednesday. The Senate is expected to vote on a companion bill today.
18 Sep 2014
Japan’s trade surplus with the United States shrank sharply in August, as exports to the U.S. declined while imports surged at a double-digit pace, according to preliminary trade figures released Thursday by Japan’s Finance Ministry.
18 Sep 2014
FedEx Freight, the smallest operating division of FedEx but biggest stand-alone U.S. trucking company, flew higher than the company’s flagship Express division in the last quarter, increasing its operating profit a lofty 70 percent to $168 million on a 13 percent increase in revenue to $1.61 billion.
FedEx
18 Sep 2014
There really was a Christmas in July this year, at least in terms of increased global container business. That bodes well for North American trucking, intermodal rail and package delivery companies now preparing for an influx of freight ahead of the holiday season.
UP intermodal double-stack train
18 Sep 2014
International intermodal volume growth in North America dropped markedly in August, providing another sign that the lack of a U.S. West Coast longshore contract hangs less on retailers’ necks because the majority of their holiday goods have arrived in the U.S.
18 Sep 2014
U.S Senate investigators said Wednesday that computer networks of transportation companies that work for the U.S. military were broken into 20 times in one year by hackers with links to the Chinese government, highlight the growing cyberattack risk to shippers and carriers.
silos with harvested soybeans
18 Sep 2014
Delays this year in moving agricultural products by rail and barge from the Upper Midwest to ports in the Pacific Northwest and Gulf Coast could undermine the position of the U.S. as the world’s premier supplier of soybeans, a transportation specialist told the annual meeting of the Midwest Shippers Association Wednesday.