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Iberia reported its first full year loss in 2009 after 13 consecutive years in the black as the global economic downturn shrunk cargo volume and sent freight pricing plummeting.

Shipping lines that carry U.S. exports to Asia intend to increase their freight rates effective April 1 in a continuing attempt to recover from last year's recessionary rate levels.

Mediterranean Shipping Company announced Thursday a general rate increase on exports from North America to Europe and the Mediterranean as of April 1.

New York’s John F.

The U.S.

Trucking is "clearly in a recovery mode," with the American Trucking Associations' truck tonnage index showing its strongest increase since January 2005 last month.

The Missouri Department of Transportation on Feb. 19 announced that unless Congress approved money for highway programs, it would postpone or cancel a scheduled bid letting on Feb. 25.

Canadian trucking costs appear to be stabilizing, but at a level nearly 10 percent lower than a year ago, according to an index based on less-than-truckload and truckload rates.

Clean Energy Fuels Corp.

CSX Transportation in the eastern United States and Union Pacific Railroad in the West will soon be jointly marketing a domestic intermodal service in jumbo-sized containers.

Senate Democrats got support from eight additional Republicans Wednesday to pass a jobs bill by a 70-28 margin. Five Republicans supported the majority to block a filibuster on the bill on Monday.

The Chinese infrastructure construction company China Gezhouba Group Company, based in Wuhan, China, will build a 254-megawatt hydropower plant for Limited Kazakhstan Natural Gas Technology Company ov

There is no slowdown in sight for Chinese steel output, according to a prediction from the Chinese Iron and Steel Association.

Mike Dees, legal counsel for the Port of Lake Charles, La., will serve as interim director while the port’s commissioners continue to search for a port director following the retirement of Adam

The world’s largest freighter aircraft, the Antonov An-225, has delivered 110 metric tons of earthmoving equipment, tents and other relief supplies to Santo Domingo, in the Dominican Republic, t

Steel imports increased by 15.9 percent in January compared to December, but the effects of the recession left business down 31 percent from January 2009.

Kuwait-based global logistics provider Agility is donating transportation and logistics services to International Medical Corps, delivering supplies, doctors and healing to earthquake survivors in Hai

The seven largest U.S. railroads shed 1,116 jobs in January, bringing their total workforce to a new low of 145,609 positions.

YRC Worldwide yesterday closed the first part of a deal that will pay off $70 million in unsecured debt that wasn’t eliminated in its $464 million debt-for-equity swap.

Beginning late last year, freight demand helped Atlas Air Worldwide Holdings withstand the global economic downturn in the fourth quarter as the freighter operator posted a $23.8 million net profit.

Philippe Gilbert has been named executive vice president and board chairman of forwarder Geodis Wilson.

Lufthansa Cargo and Austrian Airlines will merge their global freight operations, including sales and flights, effective July 1.

Japan's exports to the rest of the world rose for the second consecutive month in January, surging 40.9 percent from a year earlier to $54.5 billion, according to preliminary figures released by the F

Royal Boskalis Westminster of the Netherlands, the world's biggest dredging company, will launch its agreed $1.55 billion takeover offer for Smit Internationale, the Rotterdam-based tug, marine salvag

A group representing independent truck drivers accused Mexico of “economic bullying” while arguing against allowing Mexican truckers to operate in the U.S.

Mountain View, CA and Hong Kong, China, February 22, 2010 – Swan Logistics, Ltd. announced today that Sean Burke has joined the organization as Senior Vice President of Sales and Marketing.

Sen.

A 65 percent leap in shipment volume helped Echo Global Logistics increase revenue 47 percent and quadruple its profit in the fourth quarter, despite falling transportation rates.

Expeditors International of Washington reported an 11 percent drop in net profit in the fourth quarter, to $69.1 million, but the forwarder said business improved dramatically at the end of the year.<

The Descartes Systems Group launched a conditional voluntary cash tender offer to acquire all outstanding shares of trade management provider Zemblaz, formerly known as Porthus.

UPS on Monday opened a distribution center at the Calgary International Airport in Calgary, Alberta.

A Port of Tacoma study revealed that 90 percent of the drayage trucks serving the harbor meet the port's clean-truck standards for 2010, and newer trucks are steadily replacing older, polluting trucks

Southern Air Holdings is adding two 777 freighters to its ACMI fleet. One was delivered earlier this month, and the next is due March 2.

At four o&rsquo;clock in the morning of Feb. 22, American Airlines Cargo Division opened its expanded terminal at Los Angeles International Airport.

YRC Worldwide&rsquo;s Western subsidiary Reddaway is cutting transit times throughout its network to increase next-day and two-day delivery options for shippers.

Ocean carriers and charter shipowners canceled 140 container ship orders since the global financial crisis erupted in September 2008.

Engine maker Cummins will pay $2.1 million for a costly supply chain error.

Stimulus funds for transportation infrastructure have so far paid to complete more than 3,000 construction projects around the United States and are now supporting three times that many under construc

Overseas Orient Container Lines, extending the shipping world's push toward higher prices, said Tuesday it will increase freight rates by $100 per 20-foot container as of March 1 on cargo moving from

Diesel prices across the United States jumped 7.6 cents over the past week, the first increase in six weeks, to their highest point since the middle of January, the U.S.