Latest news

Combine President Obama’s export pronouncements in his State of the Union speech, and his 2011 budget for export promotion, and the trade community has something to celebrate.

After a harrowing year of cost-cutting and retrenchment, third-party logistics providers are shifting their focus to rebuilding &mdash; on the business front and in their relationships with shippers.<

U.S. Magnesium will recoup up to $1 million over five years under a Surface Transportation Board ruling that Union Pacific Railroad charged the chlorine shipper &ldquo;unreasonably high&rdquo; rates.

The Haitian national port authority is asking vessel operators to file advance notice before their ships arrive with relief or commercial cargo. 



YRC Worldwide&rsquo;s liquidity should be sufficient to see it through 2010 and into 2011, absent a &ldquo;downturn in industry or company fundamentals,&rdquo; said Jon A.

Small railroads saw their traffic strengthen steadily in recent weeks, as manufacturers used them to bring in metal ores and haul away factory products.

YRC Worldwide&rsquo;s liquidity fell steeply throughout the year, as the company&rsquo;s cash and cash equivalents plummeted by two-thirds throughout 2009.

The Port of Long Beach released the revised draft environmental impact report on a $1.1 billion project to replace the aging Gerald Desmond Bridge in the harbor area.

Danish special forces stormed a dry bulk ship Friday after reports that it had been captured by armed Somali pirates, the Associated Press reported.

Non-vessel-operating common carriers may get long-sought relief from mandatory tariff filing requirements if the Federal Maritime Commission grants them an exemption at its public meeting next week.

Airbus says Asia-Pacific airlines will buy 8,000 aircraft by 2030 worth $1.2 trillion.

Alaska Air Cargo says to meet US Transportation Security Administration (TSA) requirements, it is increasing the cutoff time for seafood shipments on passenger aircraft.

Credit evaluator Standard & Poor's Ratings Services raised its long-term ratings on debt issued by BNSF Railway, and said after acquisition by Berkshire Hathaway the railroad should keep generatin

U.S.

YRC Worldwide narrowed its losses last year and in the fourth quarter, but fierce competition and insecurity over its debt-for-equity swap hurt its business, company officials said today.

China, the largest market for U.S. chicken exports, plans to impose anti-dumping tariffs of up to 105.4 percent on U.S. broiler chicken imports, starting Feb.

Container truck drivers at India&rsquo;s southeastern Port of Chennai called off their strike following intense negotiations between the strikers, port officials and terminal management.

LONDON &ndash; British Airways booked its first operating profit in fifteen months in the final quarter of 2009 but warned it is still heading for a record loss for the full financial year.

The state of Michigan is renewing its battle to keep Asian carp out of Lake Michigan. Attorney General Mike Cox announced on Thursday that the state is asking the U.S.

Kintetsu World Express, Japan&rsquo;s second-largest international forwarder, said its net profit tumbled 36.6 percent in the first nine months of fiscal 2009, which started in April, to $35.64 millio

The port of Hamburg lost significant market share to close rivals Rotterdam and Antwerp last year as cargo traffic crashed more than 21 percent from 2008 and container volume shrunk by even more.

Trucking and logistics giant Con-way reported losses both for the fourth quarter and the full year, as overcapacity and aggressive pricing cut into its trucking income.

Retailers and other trade groups appealed for support Thursday from the U.S. Department of Transportation in their case against turning regulation of harbor trucking over to local port authorities.

Commerce Secretary Gary Locke today unveiled details of President Obama&rsquo;s plan to double U.S. exports within five years to $3 trillion while creating 2 million U.S. jobs.

Alan G. Votaw has been appointed as the head of the competence centre for the automotive industry vertical by the Panalpina Group.

PITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE:HNZ - News) today appointed Bob Ostryniec to the position of Chief Supply Chain Officer. In this newly created role, Mr.

WEST CHESTER, PA, February 4, 2010 - A.

New orders and shipments of manufactured goods gained in December, driven by increases in orders for machinery and shipments of petroleum and coal, the U.S. Census Bureau reported Thursday.

Hanjin Shipping will raise rates on Canadian exports to Asia effective March 1, the company announced Thursday.

The Surface Transportation Board&rsquo;s decision to order freight rate repayments by Union Pacific Railroad to U.S.

Eurogate, Europe's biggest container stevedore, said traffic at its 10 container terminals in the North Sea and the Mediterranean declined 12.3 percent in 2009 from a year ago, but it will still book

An index of U.S. domestic freight demand jumped 5.6 percent in January compared to the same month last year in a rebound from the deepest part of the shipping downturn.

Truck drivers at India&rsquo;s Port of Chennai began a sudden strike Wednesday night, threatening serious delays to cargo moving through the country&rsquo;s southeastern maritime gateway.

Hanjin Shipping, the new company that runs the South Korean company&rsquo;s shipping operations, said Thursday it lost $26 million on revenue of $573 million in the month of December, its first full m

Roll-on, roll-off maritime traffic declined even more last year than container shipping, but ro-ro carriers avoided a bloodbath in rates because of the extensive use of multi-year contracts in the bus

Alexander & Baldwin said Wednesday that its Ocean Transportation unit, Matson Navigation, earned a fourth quarter operating profit of $13.5 million, which was down 36 percent from the $21.1 millio

Truckers are asking Washington for protection from Wall Street speculators who they say artificially drive up the cost of oil and fuels.

Nearly 7,000 companies that qualify as large, for-profit haulers or shippers of hazardous materials would see their federal annual registration fee triple, to $3,000 under a plan designed to shore up

Frankfurt, Germany, 3 February, 2010 &ndash; CEVA Logistics, a leading global supply chain management company, has announced the appointment of Dr.

Green Bay, Wis.