North America

North America

24 Oct 2014
U.S.-flag domestic carrier Horizon Lines reported higher third-quarter profit as an 8.9 percent rise in container volume offset a 5.1 percent drop in average revenue per box.
22 Oct 2014
Equipment financing activity skyrocketed in September, rising 31 percent from August and 21 percent year-over-y
CN train
22 Oct 2014
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.
Drewry spot rate chart
22 Oct 2014
General rate increases in the trans-Pacific count on participation from all carriers to be successful, and are hurt when one carrier or several discount prices on the eve of a hike, Transpacific Stabilization Agreement executive administrator Brian Conrad says.
22 Oct 2014
Federal regulators will spend $1 million to help U.S. military veterans train for careers behind the wheel and alleviate what trucking companies say is a growing shortage of skilled drivers.
22 Oct 2014
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
22 Oct 2014
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.
22 Oct 2014
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.
21 Oct 2014
Port of Los Angeles Executive Director Gene Seroka assured footwear importers meeting in Long Beach Tuesday that the Southern California ports have proposals that could provide some immediate relief to the worsening congestion problem in the harbor.
21 Oct 2014
The Ocean Three Alliance of CMA CGM, China Shipping and United Arab Shipping Co. has received U.S. regulatory clearance without the standard 45-day review by the Federal Maritime Commission, but Commissioner Richard Lidinsky isn’t happy about it.