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New orders for manufactured durable goods in December increased $0.5 billion or 0.3 percent to $167.9 billion, the U.S. Census Bureau announced Thursday.

Wal-Mart Stores created a group of global merchandising centers and signed sourcing agreements with Hong Kong buying agent Li & Fung as part of a broad plan to cut supply chain costs by consolidat

SINGAPORE -- Africa, the least-developed continent in the world, is attracting increased attention from the world's biggest manufacturing countries looking for natural resources and an outlet for expo

Cargo theft rose 12 percent last year and averaged a record 72 incidents per month, according to FreightWatch International, which provides logistics security services and data.

NYK Line will be implementing a general rate increase in its trans-Atlantic services from the U.S.

Horizon Lines in its fiscal fourth quarter ended Dec. 20 swung to a profit of $1.3 million from a loss of $20.3 million in the same quarter of fiscal 2008.

Air France-KLM signed a letter of intent to sell two new 777 freighters to FedEx as it downsizes its all-cargo operation.

Japanese ocean carrier “K” Line said its net losses in the last three months of 2009 nearly doubled to $203.3 million from $115.2 million a year earlier as weak volume and rates caused rev

Slow economic growth and uncertainty about oil prices will hobble U.S. transportation companies recovering from the recession, Standard & Poor’s says.

Citing a pre-Chinese New Year "cargo rush," CMA CGM said it will impose peak season surcharges on services from Asia to North and West Africa.

The U.S. economy grew at its fastest pace in six years in the fourth quarter, expanding 5.7 percent as companies scaled back their attempts to cut inventories, the U.S.

Seaboard Marine said most of the 30 containers that fell overboard from a ship 30 miles off Key West, Fla., this week were empty and the rest contained non-hazardous materials such as textiles, the Co

Deutsche Post DHL, the German postal, express and logistics group, faces greater competition in its domestic mail market after a court threw out a minimum wage law that its rivals claim unfairly prote

MOL on Friday more than doubled its profit forecast for its current fiscal year, saying “strong demand” in dry bulk shipping and rising container shipping prices are improving the company&

INTTRA, the carrier-owned portal for ocean-freight bookings, is getting a fresh capital infusion that will enable it to develop new electronic commerce services for new markets.

Wal-Mart Stores will charge suppliers penalties for late deliveries starting Feb. 1, according to a letter to suppliers.

Landstar System is shutting the trailer door on 2009, after reporting a 36.5 percent drop in profit and a 24 percent slide in sales.

Italy’s all-cargo carrier, Cargoitalia, has joined the long list of airlines that have stepped in to help the giant relief airlift for Haiti.

Washington, D.C. – The Institute of International Container Lessors’ (IICL) President, Steven Blust, announces that Joseph Kwok, Chief Executive Officer of Seacastle Inc.

I am very pleased to announce the promotion of Karen Fox to Vice President of Communications and Glenn Carlson to the position of Chief Commercial Officer.

Net profit at Kansas City Southern dropped 63 percent to $69 million in 2009, as the company came through a business environment in the first five months that Chairman and CEO Michael R.

Arkansas Best's ABF Freight System lost $32.4 million in the fourth quarter, battered by a weak economy and fierce price competition among less-than-truckload carriers.

Work on a high-speed rail network connecting U.S. cities is set to accelerate as President Barack Obama awards $8 billion in stimulus act high-speed rail funding to 31 states.

Canadian Pacific Railway improved its net profit in the fourth quarter by 3 percent year-over-year to $182 million with the help of some unusual tax benefits.

Construction equipment manufacturer Caterpillar generated revenue of $7.9 billion in the fourth quarter, down 39 percent from the prior year quarter.

As the people of Haiti pick up the pieces in the aftermath of the devastating earthquake that hit the island nation more than two weeks ago, the U.S.

President Obama said Wednesday that increasing exports and construction of infrastructure will be among the ways the U.S. economy will recover from the recession.

The South Africa Europe Container Service on Feb. 15 will introduce an additional reefer service for the anticipated seasonal increase in refrigerated exports, which it first announced on Nov.

SINGAPORE - Mark-Marian Siegert has a message for breakbulk and project cargo interests looking to grow in the wake of the worst economic downturn in decades: Look to emerging markets.

Hanjin Pacific agreed to take over APM Terminals facilities at Piers 76 and 77 in Taiwan's Port of Kaohsiung and combine them into Hanjin's operations at Pier 78, the companies said.

The Port of Houston Authority approved nearly $1 million for Bayport Container Terminal construction projects, including a $753,169 gate control system to improve the flow of trucks and a $230,553 ber

The Port Authority of New York and New Jersey plans in mid-February to release details of a clean-air plan that includes a program to replace older trucks.

Suez Canal Container Terminal at Port Said reported an 11 percent increase in cargo volume to 2.7 million 20-foot equivalent units last year despite a 20 percent drop in vessel transits through the ca

Old Dominion Freight Line rolled out of 2009 with a few scratches, dings and dents but with a profit margin that's still the envy of the less-than-truckload industry.

Inland waterways carrier Kirby ended a tough year with a 24 percent decline in net profit in the fourth quarter and the company said Thursday that depressed demand and pricing will cut into earnings i

In a decision late Wednesday, a U.S.

Norfolk Southern Railway’s fourth-quarter net income fell 32 percent from a year earlier to $307 million, as revenue fell 16 percent to $2.1 billion.

The American Association of Port Authorities will not join some of its largest members in seeking greater local regulatory authority over harbor trucking.

Eastern-U.S. railroad CSX Transportation said customers last year “committed to 92 new or expanded facilities” along CSX tracks, which represent $3.2 billion in investments.

The Maritime Administration’s marine highways program will provide shippers with alternative services, said David Matsuda Tuesday at a confirmation hearing before the Senate Commerce Committee.