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American Commercial Lines reduced losses by 22 percent in the first quarter, posting a negative $3.5 million due to lower demand and pricing in its transportation and manufacturing divisions.

Forth Ports rejected an improved takeover offer from a group of shareholders that values the UK's last listed ports operator at around $979 million.

Averitt Express added intermodal trailer and container operations to its line of trucking and other services as part of its “full-load/volume transportation” package for customers.

U.S.

Surface trade with Canada and Mexico rose for the third consecutive month in February, surging a record 24.1 percent compared with the previous February, one of the slowest months of the recession.

Glass and ceramics manufacturer Corning said a rebound in global auto sales caught the company with such tight inventories that during the first quarter the company had to send its emissions-control f

China purchased 115,000 metric tons or 4.5 million bushels of U.S. corn in its first major purchase of the grain from U.S. exporters since 2001, the U.S. Department of Agriculture said.

Mediterranean Shipping Company will implement a new general rate increase on the westbound trades from India to Europe.

Ports America appointed Claus Michael Svendsen to the position of Chief Process Officer.

Steel volume is showing some signs of improvement, Port of Houston CEO Alec Dreyer said during his monthly financial report to the Board of Commissioners.

BP and a unified response team including federal, state, Coast Guard and industry members on Wednesday were to begin controlled burns in an effort to control an oil spill still spreading in the Gulf o

A.P. Moller-Maersk agreed to sell its stake in the Yantian container terminal in China to a subsidiary of China's COSCO Pacific for $520 million, the company said Thursday.

Panalpina reported strong growth in ocean and air cargo traffic in the first quarter compared with a year earlier, but it only just remained in the black.

The Teamsters on Wednesday launched a multimedia blitz to push Congress to change federal law that makes it tougher organize FedEx Express drivers.

The port and city of Los Angeles rested their case after testimony Wednesday in the clean-trucks suit brought by the American Trucking Associations. Judge Christina A.

Drewry Shipping Consultants appointed Philip Damas a director of the company, with responsibility for developing Drewry Supply Chain Advisors, the specialist supply chain consulting practice within th

House members advocating a change in federal law that would give ports the authority to regulate local trucking are turning up the heat in advance of a May 5 hearing before the House Transportation an

CMA CGM said it opened its newly renovated, deep-water berth in the Iraqi port of Umm Qasr.

Canadian Pacific Railway boosted profit 74 percent in the first quarter as an improved economy sparked higher revenue and lower expenses.

Old Dominion Freight Line profit jumped 93 percent in the first quarter, the first year-over-year increase since the third quarter of 2008.

PIERS Global Intelligence Solutions raised its forecast for U.S.

Federal Maritime Commissioner Rebecca Dye will be in New York May 11-13 to conduct interviews for her fact-finding mission on vessel and equipment capacity.

China’s Cosco Group reported a loss of $1.1 billion for 2009 as the weak economy hammered the company’s container, dry bulk and terminal businesses.

Net profit for Container Corporation of India fell 2 percent from a year earlier to $177 million in fiscal 2009-10 ended March 31, despite a 6.5-percent increase in overall revenue.

Global air cargo traffic soared 28.1 percent in March from a year ago and is just one percent short of the peak in early 2008, the International Air Transport Association said.

The port of Antwerp's bid to revive its breakbulk business suffered a serious setback with the loss of a 750,000 metric tons-a-year contract.

Profit for Japanese forwarder Yusen Air & Sea Service surged 42.6 percent compared with the previous year to $16.6 million in fiscal 2009, which ended March 31.

The Panama Canal Authority will skip any toll increases this year and proposes to overhaul its toll structure starting Jan. 1, 2011.

Olin Corp.

Trucking rates have nowhere to go but up, and they’re ready now, several speakers told freight shippers Tuesday at NASSTRAC's annual conference.

Norfolk Southern Railway’s first-quarter profit soared 45 percent over a year earlier to $257 million, while operating revenue swelled 15 percent to $2.238 billion.

Truck engine manufacturer Cummins earned net income attributable to the company of $149 million in the first quarter, a significant improvement on the $7 million earned in the same quarter a year earl

Steel imports to the United States in March rose 24.5 percent from February and 27.9 percent from March 2009, according to preliminary statistics from the American Institute for International Steel.

The House on Wednesday received a bill to extend funding of the Federal Aviation Administration through July 3.

The railroad industry handed rail safety regulators a new study that contradicts one offered by chlorine shippers, arguing that the high costs to railroads of installing federally mandated crash-avoid

UPS launched its new intra-Asia air hub in Shenzhen, China, marking a shift in operations from the Philippines that reflects the changed balance of trade within Asia.

Edward S. "Ned" Reed, executive director of the Port of New Orleans from 1970 to 1985, died April 20 of a cerebral aneurysm. He was 84.

The U.S. Supreme Court on Monday denied a petition by the state of Michigan to reopen its bid to close navigation locks in the Chicago area to prevent the spread of Asian carp.

Orient Overseas Container Line unveiled a carbon calculator that will assist its customers in measuring the carbon dioxide emissions in their supply chains.

Trucking company FedEx Freight, which has pointedly rejected rail transport in the past, could switch and turn to intermodal in coming years if the price is right and customers want the option.