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Logistics and trucking business The Dependable Companies acquired West Coast trucking company Matheson Fast Freight, expanding its stake in the California less-than-truckload market.

Neptune Orient Lines reported losses on Thursday for the fourth quarter and full year 2009 as revenue and freight rates plunged for most of the year before volumes and vessel-utilization started ticki

Mitsui O.S.K. Lines upgraded its fiscal year 2009 business outlook due to stronger demand for container and bulk shipping services as global economic conditions improve.

Wilh. Wilhelmsen, the global ocean car carrier and logistics group, reported operating profit fell sharply in 2009 from a year ago as lower cargo volume kept 17 ships idle.

(JACKSONVILLE, Fla.; February 10, 2010) Crowley Maritime Corporation announced today that Wendy MacDonald has been promoted to vice president of procurement, replacing Matt Jackson who has been named

Madison, NJ - February 08, 2010 - Damco is very pleased to announce that Mr Erik Osinga has joined our organization as head of our Reefer Development in Europe.

Tatyana Arslanova has been promoted to the post of Executive President of AirBridgeCargo Airlines (ABC).

Commercial and environmental interests agreed at a congressional hea;ring it's necessary to stop the Asian carp from entering the Great Lakes, but the barge industry is objecting to an environmen

The international part of the U.S. intermodal market will be “weak” for most of 2010 because U.S.

Aeronautical Engineers is formally launching a freighter conversion program for MD-80 passenger aircraft, saying the aircraft’s declining value now makes it a likely candidate to move into all-c

The second major snowstorm to hit the Mid-Atlantic region in a week is paralyzing traffic in Pennsylvania, a hub state for freight moving to and from the Northeast and Mid-Atlantic states.

The U.S. Postal Service lost $297 million in its first fiscal quarter, ended Dec. 31, reflecting the effects of the recent recession and increasing migration of mail to electronic alternatives.

Air France-KLM, Europe's biggest airline, Feb. 10 announced a worse-than-expected third quarter operating loss of $336 million but said its troubled cargo unit put in an improved performance.

BNSF Railway could become a wholly owned unit of investment firm Berkshire Hathaway this week if shareholders vote as expected Thursday to approve Berkshire’s $26 billion stock purchase.

The growth of imports outpaced that of exports from November to December, pumping the trade deficit up from $36.4 billion to $40.2 billion, according to a report Wednesday from the U.S.

The U.S. economy slowed in January after a significant growth spurt in December, says a new economic index based on diesel fuel consumption by truckers.

Air freight and expedited less-than-truckload carrier Forward Air earned a profit of $6.4 million on revenue of $118 million in the quarter ended Dec. 31, the company reported.

Barge operator and manufacturer American Commercial Lines lost $12 million in 2009 as a result of a variety of one-time charges, a major loss on the sale of a subsidiary and the impact of the recessio

Lufthansa Cargo said its 2,600 ground staff workers in Germany will have some of their reduced work hours restored Feb. 28 in response to signs of recovering traffic.

Cargo volume at major ports in India surged 6 percent during the April-January period compared with a year earlier, amid strong indications that the recovery will accelerate in the coming months.

Frankfurt airport’s cargo traffic soared by a third in January from a year ago to an all-time high for the month that was driven by strong growth on long haul inter continental routes.

The steep rise in the Drewry Container Rate Benchmark for shipping a 40-foot container from Hong Kong to Los Angeles came to an end in the week ended Feb.

This week’s severe winter storms prompted CSX Transportation to invoke the force majeure clause, for events outside its control, for service commitments on its important coal and automobile traf

Winter storms Wednesday stopped or slowed freight traffic and closed facilities from the Great Lakes to the East Coast.

Swiss logistics groups, Kuehne + Nagel and Panalpina Feb. 10 said they received preliminary findings from a European Union investigation into an alleged global air cargo price fixing cartel.

Intermodal traffic on the BNSF Railway declined by double digits during last year's economic recession, but it is still one of the most important business units for the western railroad.

Cross-border trucking company Vitran drove close to break-even in 2009, narrowing its net loss more than 94 percent to $4 million.

Senators are expected within the next two weeks to introduce legislation to sustain surface transportation spending, John Horsley, executive director of the American Association of State Highways and

The Port Authority of New York and New Jersey said Tuesday that all marine terminals were scheduled to be open on Wednesday but that any changes in their operation due to the approaching winter storm

The South Carolina State Ports Authority outlined plans to relocate Charleston’s current cruise ship terminal and redevelop the Union Pier property along the Cooper River at a community meeting

OOCL will implement a general rate increase for all dry and reefer cargoes leaving Hong Kong, Macau and South China for shipment to Canada.

Norfolk Southern Railway lifted its force majeure service declaration early on Feb. 9 for traffic moving through eastern-U.S. areas hit hard by the huge weekend snowstorm.

Adoption of the Rotterdam Rules took a significant step forward on Monday when the American Bar Association voted to urge Congress to ratify the international shipping liability rules.

Schneider National will expand its pool of regional truckload drivers more than 600 percent this year, hiring an additional 2,100 drivers to fuel its short-haul business.

LONDON - Transnet, the South African state-owned freight transport and logistics company, plans to raise $2 billion from foreign bond sales to help finance infrastructure projects.

Crowley Maritime announced two management appointments Tuesday in its Puerto Rico/Caribbean liner services group.

Miami would be a prime location for a logistics depot that would respond to disasters in Latin America and the Caribbean, a UPS air cargo executive says.

Evergreen Line on Monday announced a two-tier rate increase on the westbound trans-Atlantic trade in similar increments that will take effect on July 1 and October 1.

Lufthansa Cargo carried 18.6 percent more cargo in January than a year ago even as it slashed the number of freighter flights by a quarter.

Japan Airlines announced on Tuesday its decision to maintain and strengthen its business relationship with American Airlines, rejecting a rival offer from the largest U.S.