Latest news

Pirates captured two ships so far this week and released a third for $4 million in ransom.

The American Trucking Associations’ Truck Tonnage Index fell 3.5 percent compared with a year ago in November, which the ATA called an improvement after 12 months of steeper declines.

Antwerp, Europe's second largest port, handled 16 percent fewer containers in 2009 than in 2008, losing market share to its main European rival Rotterdam for the first time in several years.

The Port of Rotterdam's container traffic fell 10 percent in 2009 from a year ago, but Europe's biggest box hub boosted its share of the key Asia-Europe liner shipping trade.

Japanese carrier NYK Line opened its own agency office at Hyderabad, a major inland cargo location in the southern state of Andhra Pradesh, India.

Container Corp. of India, the state-owned intermodal logistics provider, will increase its freight charges by about 6 percent, effective Jan. 8, 2010.

YRC Worldwide extended its debt-for-equity swap to the eve of a crucial debt payment deadline on Wednesday as the trucking giant and its unionized drivers raised the pressure on bondholders to accept

Hamburg-Sud booked what it called a "small" loss in 2009 as revenue and cargo volume declined by double digit percentages, the chief executive of Germany's second largest ocean carrier said.

New York’s Kennedy International Airport saw its busiest month for cargo in 2009 in October as tonnage fell 11.5 percent from the same month a year ago, the slimmest decline so far this year.

Norfolk Southern Railway is telling customers it is keeping in place a “force majeure” declaration for coal deliveries, after absorbing damage to its big ocean terminal for coal loadings o

The U.S. lines of the seven Class I freight railroads cut 1,923 jobs in the month to mid-November, leaving their combined workforce at a new low of 147,097.

National Air Cargo founder Christopher Alf said Tuesday he is back in charge of the freight forwarder after winning a key ruling in a dispute over the conflicts between commercial shipping practices a

Book sales in the United States surged during the holiday season, but in a dramatic shift for the shipping world, retailer Amazon.com said this week sales of e-books for the first time surpassed sales

The Environmental Protection Agency is adopting a two-prong regulatory strategy to curb emissions from large ships operating in U.S. waters.

Backers of Arrow Trucking’s idled equipment provided a hotline this week for the company’s shippers as the failed flatbed operator revealed it would have to surmount massive financial hurd

In the middle of December, the Department of Transportation sent out reimbursement checks to states that totaled $268 million in the latest week for construction projects under the stimulus law, bring

Fesco Logistics on Dec. 28 delivered a single piece of construction equipment weighing 100 tons to Novorossiysk, Russia.

Diesel prices edged up for the first time in two months as the national average on Monday climbed six-tenths of a cent to $2.732 per gallon, according to the U.S. Energy Information Administration.

YRC Worldwide extended its crucial debt-for-equity swap offer for a fourth time on Wednesday after the financially ailing trucking giant received little new support for an exchange aimed at helping th

Ocean container carriers' share prices rose by an average 19 percent in the past year as growing optimism over a market recovery in 2010 outweighed the impact of record operating losses.

The Senate on Dec. 24 confirmed the nominations of a Federal Maritime Commission member and a senior Department of Transportation administrator before adjourning for the holidays.

Shipments of manufactured durable goods climbed for the third consecutive month in November, the U.S. Census Bureau announced Dec. 24.

Mobile Concepts by Scotty, a Pittsburgh-based commercial vehicle and trailer manufacturer, completed the first phase of a Defense Department contract to convert ocean containers for use as training si

The Federal Highway Administration passed a milestone in December when it approved its 10,000th highway project funded through the American Recovery and Reinvestment Act of 2009, which Congress passed

Hanjin Shipping on Dec. 23 added a “carbon calculator” to its Web site to let customers know the amount of emissions generated by their cargo for any given transportation segment.

The container ship charter market is ending the year close to record lows with ocean carriers' demand for hired vessels weakening as cargo volumes shrink to seasonal lows on key east-west liner trade

Rite Aid says an ongoing effort to improve its logistics and distribution management helped the drug store chain cut its loss in the recent fiscal third quarter some 67 percent despite falling sales.

Asia-Pacific airlines, turning the corner on steep declines in freight business, reported their first growth in cargo traffic in a year and a half in November, according to the Association o

Financially troubled CMA CGM returned to profitability on its operations between Asia and North Europe in October and expects overall operations to show operating profits in November and December.

Flatbed carrier Arrow Trucking suspended operations this week, stranding hundreds of drivers around the country on Christmas Eve as the company reportedly tries to get new financing to resume business

YRC Worldwide, hours from falling short of bondholder approval for a critical debt-for-equity swap, extended the offer's deadline for a third time on Wednesday, giving the company until

Mediterranean Shipping Co. will add Charleston as a port on MSC’s Golden Gate service between Asia and the U.S. East Coast via the Suez Canal.
 


The Teamsters union wants the U.S.

The spot rate for shipping a 40-foot container from Hong Kong to Los Angeles stood at $1,268 last week for the third straight week, according to an index published by London-based Drewry Shipping Cons

LONG BEACH, Calif.

Singapore Airlines says it will restore some of its scheduled passenger flights in the coming first quarter, adding back some belly freight capacity as the carrier is starting to see an upturn in carg

OTTAWA — The St.

FedEx will use the first two of its new 777 freighters on routes between Hong Kong and Memphis starting next month, company officials said, adding service at an Asia gateway hit hard by capacity short

The Panama Canal Authority received four bids for the latest segment of an excavation project that is part of the canal authority’s construction of locks to handle 12,500-TEU container ships by

A longshore worker at the Norfolk, Va., port died Tuesday when a mobile container carrier knocked into a light pole, sending it crashing onto the man’s vehicle.