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U.S. cargo theft losses rose 5 percent in the first half of 2010, apparently because of increased activity by criminal gangs, FreightWatch International USA said in its Bi-Annual Cargo Theft Report.

A formal accord between the U.S.

Rail equipment leasing giant GATX depended partly on a pickup in its shipping operations to post a 69 percent profit jump to $21.5 million in the second quarter, from a year earlier, while earnings at

The CMA CGM Rabelais on Thursday completed its inaugural call at the Port of Seattle, setting a record at the terminal with more than 4,300 container moves.

Fairstar Heavy Transport swung to a first half net loss of $465,000 from a year-earlier profit of $7.4 million due to lower spot market rates for heavy lift ships and higher financing charges.

A national multimodal freight transportation plan is the goal of a bill introduced today in the U.S. Senate.

U.S. steel exports declined 6.3 percent from April to May but through the first five months of the year were up 60.2 percent from the comparable period of 2009, government data show.

Union Pacific Railroad turned in a second-quarter profit that was up 53 percent from a year earlier to $711 million, and was 17 percent of its $4.182 billion in receipts.

Werner Enterprises improved its net profit 64 percent in the second quarter compared to last year, to $20.9 million, almost double the carrier's earnings in the first quarter.

The North Carolina State Ports Authority postponed indefinitely its proposed new container terminal on the Cape Fear River downriver from Wilmington in the face of strong opposition from towns along t

Beluga Shipping, the German heavy lift and project cargo carrier, formed a partnership with a U.S.

Swift Transportation, the nation's second-largest privately owned trucking company, is going public for the second time in its history.

Carrier and labor officials were in talks Thursday aimed at ending a lockout of longshore workers at the Port of Montreal and re-opening the port.

UPS saw its net profit grow 90 percent in the second quarter to $845 million, the strongest profit in nearly two years, on a sharp surge in demand in international and domestic expedited business, the

The Senate Commerce Committee on Wednesday grilled senior Department of Homeland Security officials for nearly two hours on gaps remaining in the country’s security grid.

CMA CGM took delivery Thursday in South Korea of the CMA CGM Amerigo Vespucci, the second of a series of eight large container ships named after the great explorers.

Federal stimulus funds slated for high-speed rail in Ohio should be spent on highways instead, Republican candidate for governor John Kasich said.

Intermodal middleman and logistics firm Hub Group posted a 16 percent gain in second-quarter net income from a year earlier, to $9.63 million, as volume in its main box-shipment business jumped by 25

Illinois and Union Pacific Railroad have come to terms on enough of a planned passenger line in UP’s right of way so that an initial 90-mile track project can begin in September.

A Cranford, N.J., seller of gasification equipment and technology is tapping a federally guaranteed export finance loan to complete a deal with a metals recycler in Ankara, Turkey.

The top three U.S. passenger airlines expanded cargo revenue a combined 33 percent in the second quarter, as soaring freight demand added to the carriers’ rapidly growing profits.

Temperature-controlled trucker Marten Transport increased its profit 15.2 percent in the second quarter despite essentially flat revenue compared with a year ago.

The seven largest freight railroads added 612 net workers to their U.S. operations from mid-May to mid-June, after making a small cut in May.

Three U.S. business groups are urging the U.S. and European Union to “move forward aggressively” to get the stalled Doha Round negotiations moving again.

Orient Overseas Container Line will increase its freight rates on shipments from Asia to New Zealand by $250 per TEU, effective Aug. 15.

FedEx Ground will pay Massachusetts $3 million to settle allegations it misclassified delivery truck drivers as independent contractors, the state attorney general said.

Office clerical workers and waterfront employers at the ports of Los Angeles and Long Beach said they would resume contract negotiations Wednesday.

Two exporters filed a complaint with the Federal Maritime Commission alleging unfair treatment by Hapag-Lloyd America and two non-vessel-operating common carriers.

New orders for heavy trucks and other equipment are working their way through the supply chain, boosting earnings at truck component maker Eaton.

Truckload carrier Knight Transportation increased its profit 26 percent in the second quarter, as its total revenue rose 14.4 percent to $185.4 million.

Shipping executives say Congress should provide American maritime companies more financial support to improve the state of the U.S.-flag fleet.

Buoyed by an 11.9 percent increase in tonnage, ABF Freight System cut its operating loss in half in the second quarter, from $26.8 million a year ago to $12.6 million.

Rail freight shippers waiting for the flood-closed Kansas City Southern lines to reopen in northern Mexico got some welcome news as KCS said it could resume service this weekend over a key bridge and

Horizon Lines said Wednesday it will use Elizabeth, N.J., rather than Philadelphia, Pa., as its northeastern port for weekly sailings to San Juan, Puerto Rico.

Neptune Orient Lines said on Wednesday it placed an order for 10 new container ships with capacities of 8,400 20-foot-equivalent units.

Container vessels rode at anchor in the St. Lawrence River Wednesday as the Port of Montreal remained shut down for the third consecutive day and shippers expressed anxiety about growing costs.

Net profit for Transport Corp.

British Airways, American Airlines and Spain's Iberia will start joint passenger and cargo operations across the Atlantic in the fall after getting final U.S.

Etihad Airways took delivery of the first A330-200F, the world's newest freighter aircraft from Airbus.

The government’s report on U.S.