United States

United States

28 Jul 2015
Singapore-listed logistics property developer GLP has made its second multi-billion dollar investment this month, acquiring a $4.55 billion U.S. logistics portfolio from Industrial Income Trust a week after leading a consortium of investors in establishing a $7 billion China-focused infrastructure fund.
22 Jul 2015
UPS reportedly is in talks to acquire fast-growing Coyote Logistics, as round after round of logistics acquisitions this year increase speculation about potential mergers.
22 Jul 2015
Linda Styrk, managing director of the Port of Seattle’s maritime division, is leaving the port to take the position of executive director for the Puget Sound Pilots. Styrk holds a U.S. Coast Guard Third Mate’s License, and she is married to a pilot who guides ships through the Northwest Passage to Alaska.
Port of Tacoma
22 Jul 2015
A new era of cooperation between Seattle and Tacoma will dawn Thursday when the Northwest Seaport Alliance becomes effective following approval of the agreement by the Federal Maritime Commission.
22 Jul 2015
Hub Group said the intermodal rail service of its two major partners, Union Pacific Railroad and Norfolk Southern Railway, is improving, albeit not fully recovered, delivering a better financial performance than the prior quarter.
22 Jul 2015
FedEx Express is re-engineering its global network by replacing older, higher capacity planes with more efficient, technically advanced aircraft that have lighter payloads. The result should be a more efficient, higher yield operation in an era of slower air cargo trade.
CMA CGM container ship at Port of Oakland
22 Jul 2015
Despite a 2014 cargo spillover and March cargo frenzy, U.S. containerized trade in the first quarter slipped 0.9 percent year-over-year to 7.4 million 20-foot-equivalent units as cargo owners diverted shipments to Canada and Mexico, or shifted to air freight. Overall, 18 of the JOC Top 40 container carriers moving goods into and out of the U.S. posted volume declines in the first quarter.
21 Jul 2015
George Cohen, retired director of the Federal Mediation and Conciliation Service, took a curtain call at this week’s International Longshoremen’s Association convention in San Juan, Puerto Rico.
21 Jul 2015
The U.S. Maritime Administration expects by late summer or early fall to seek public comments for its proposed national maritime strategy, which has been a top goal of Marad Administrator Paul “Chip” Jaenichen.
21 Jul 2015
The chief negotiator for East and Gulf waterfront employers told International Longshoremen’s Association officials that any long-term contract extension would involve “tweaks,” not a total rewrite of the current six-year agreement.
21 Jul 2015
The U.S. Senate Tuesday failed to move forward with legislation that would have authorized funding for American roads and infrastructure for another six years, after Democrats said they hadn’t had enough time to review the bill.