Latest news

Rail and construction equipment supplier L.B. Foster saw net income fall 41 percent from a year earlier in the first quarter to $1.75 million but said new business orders also increased.

The biggest railroad just got bigger, as Union Pacific saw profit jump 43 percent in the first quarter to $516 million, from the same period in 2009, while revenue grew 16 percent to $3.755 billion.

APL on Wednesday named Gene Seroka as its new president for the Americas, replacing John Bowe, who is leaving the company in June.

Container traffic in the port of Antwerp surged 15.9 percent in the first quarter from a year ago, consolidating its position as Europe's second largest box hub.

China Shipping Container Lines posted a full-year loss of $951 million in 2009 compared with a restated profit of $6.9 million in 2008, the Shanghai- based company said Wednesday.

Japanese international trade fell 21 percent in fiscal 2009, which ended on March 31, returning the country to a trade surplus as imports slumped much more rapidly than exports, according to prelimina

The Federal Maritime Commission chose the Port of Los Angeles to receive its inaugural Earth Day award in recognition of the innovation and environmental stewardship the port displayed in developing i

In light of a new Surface Transportation Board summons to explain how often its trains have blocked rail crossings in Chicago suburbs, Canadian National Railway says its own reports to the STB openly

With business growing solidly in all its business lines, intermodal firm Hub Group posted a first quarter profit gain of 41 percent from the weak 2009 period.

Intermodal shipment consolidator Hub Group will buy a total of 2,500 new domestic, jumbo-sized containers this year, amid a demand surge that has it near full capacity.

The Fortune 500 list of largest U.S. businesses ranked by revenue includes 17 transportation and logistics companies this year, from UPS to Con-way.

Hub Group, one of the leading intermodal middleman firms, will take the remaining 1,400 containers it runs on BNSF Railway and move them this year to Union Pacific Railroad.

Hyundai Motor Co.

Members of Congress want to push the government to spend money it collects from the Harbor Maintenance Tax for the purpose it was intended: maintaining ports and navigation channels.

It may be nearly mid-May before air freight shipments return to normal after the past week’s disruptions caused by a volcano in Iceland, said Brandon Fried, executive director of the Airforwarde

Teamsters at ABF Freight System will vote on a proposed 15 percent wage cut early next month, after ballots are mailed on or about April 30, the Teamsters union said.

Leading insurance provider to the transport and logistics industry, TT Club, in collaboration with ICHCA International, has issued new guidelines on safe slinging of cargo on and off vessels, in the f

Descartes Systems Group acquired privately-held Imanet, a provider of enterprise and on-demand technology to customs brokers, freight forwarders, exporters and self-clearing importers.

The Department of Transportation is making nearly $49 billion of delayed highway funds available to states, following last month’s passage by Congress of the HIRE Act.

Canadian National Railway needs to “explain the significant differences,” said the Surface Transportation Board, between CN’s monthly reports and an audit of street-crossing blockage

A Vehicle Miles Traveled tax may be gaining mileage on Capitol Hill, but the nation’s truckers want an alternate route.

Lawmakers last week filed in the House a bill to authorize $60 million in loan guarantees for merchant ship construction under the Maritime Administration’s Title XI program.

Sen.

Nineteen U.S. states had more than $1 billion in export sales to China last year, according to an annual survey by the U.S.-China Business Council.

The International Monetary Fund says the world economy is recovering from the global crisis better than expected but at different speeds in different parts of the world.

After two months of relative stability, the spot rate for shipping a 40-foot container from Hong Kong to Los Angeles climbed 6 percent to almost $2,000 per FEU in the week ended April 19 as the scarci

Companies that outsource production and turn warehouse and distribution functions over to wholesalers may reduce operating expenses, but they are also making it easier for cargo thieves to invade thei

The Obama Administration will consolidate licensing, control lists and data systems to bring a “Byzantine” export control system into a single office, Defense Secretary Robert Gates said T

Europe's airline industry lurched back to life Wednesday as carriers put planes back into the air after being grounded for nearly a week by a volcanic ash plume from Iceland.

Container traffic at Chinese ports reached an all time high in the first quarter of the year, driven by a strong rebound in the nation's foreign trade.

Truckload carrier Heartland Express is detecting the first stirrings of a long-anticipated economic recovery.

Standard & Poor's Ratings Services said it has revised its outlook on eastern-U.S.

When Amtrak’s “Heartland Flyer” passenger train runs through cattle country in the next year from Oklahoma City to Fort Worth, Texas, it will be testing a 20 percent biodiesel blend

Container throughput at the Port of Halifax increased by 41.4 percent to 99,450 TEUs from the same quarter last year.

Boeing flew its second 747-8 Freighter to Palmdale, Calif., on Monday to expand flight tests for the advanced aircraft.

Hapag-Lloyd will implement a general rate increase for cargo moving on its services from the Indian Subcontinent and Southeast Asia to New Zealand.

Amtrak is calling for Congress and the Obama administration to shape a new multiyear surface transportation bill that is “revolutionary, not evolutionary” in funding the growth of an inter

Demand for air charters on key routes to and from the Middle East, North America and worldwide has exploded since the shutdown of much of Europe’s air space following last week’s volcanic

The Port of Charleston’s container traffic increased by 24.4 percent in March compared to a year earlier, for the third month in a row of year-over-year volume increases.

The Federal Maritime Commission issued a warning on Monday of an email scam involving a bogus lottery solicitation.