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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.

Kombiverkehr, Europe’s biggest intermodal transport operator, said traffic fell a less-than-expected 16 percent in 2009 from a year ago as demand started to grow again in the final quarter of th

Trailer Bridge swung to a profit of $1 million in the fourth quarter ended Dec. 31 from a loss of $1.1 million in the same quarter of 2008.

The member lines of the Oceania Vessel Sharing Agreement (Hamburg Süd, Hapag-Lloyd, Maersk Line, and ANL-USL) are planning to add an additional vessel to the weekly Pacific Southwest String (PSW)

The Federal Maritime Commission postponed its meeting this morning to 10 a.m. on Feb. 18.

River traffic is backing up after the second gate failure in five months at an Army Corps of Engineers lock and dam on the Ohio River system.

The Customs and Border Protection Advisory Committee on Commercial Operations, known as COAC, will hold its quarterly meeting on Feb. 25 in Miami.

Mediterranean Shipping Co.

Echo Global Logistics should have no problem recruiting during the recovery.

Kansas City, Mo., February 8, 2010 - Kansas City Southern (KCS) (NYSE:KSU) announced today that on February 5, 2010, Karen L. Pletz notified Michael R.

American International Group, Inc. (AIG) and International Lease Finance Corporation (ILFC) announced today that Steven F.

New York, NY — Wolfe Research LLC, a premier investment research boutique, announced today that François Trahan — ranked top Wall Street investment strategist by Institutional Inves

CHICAGO, Feb. 5, 2010 (GLOBE NEWSWIRE) -- Echo Global Logistics, Inc. (Nasdaq:ECHO), a leading provider of technology enabled transportation

UPS will begin in May to furlough 300 or more of its airline pilots to cut operating costs during what the company expects to be a gradual recovery.

A non-vessel-operating common carrier is complaining to the Federal Maritime Commission that an interrelated group of competitors is violating the Shipping Act by operating without a license, tariff o