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The largest customer for railcar builder American Railcar Industries is now bankrupt, but ARI says it believes the equipment finance operations of CIT Group will continue as normal while the fleet own

The United States Bankruptcy Court for the District of Delaware approved Nov. 3 the sale of time definite regional carrier Velocity Express to private investor Comvest Investment Partners.

BirdDog Logistics acquired Churchill Transport Group and its affiliate CTG Financial.

Freight railcar builder American Railcar Industries saw third-quarter profit fall 85 percent from a year earlier to $1.1 million, as sales dropped 64 percent to nearly $79 million.

Freight traffic slid 2.2 percent in the latest week at small North American railroads measured by the RMI RailConnect index.

Less-than-truckload carrier Con-way says it moved toward "more aggressive" price discounting in the third quarter than it normally uses and started hiring back workers to cope with tonnage g

The Airbus A330-200F cargo jet made its maiden test flight Nov. 5, launching the European aerospace firm's challenge to U.S. rival Boeing in the market for mid-sized freighters.

Cobham Aviation Services Australia bought three regional aircraft from BAE Systems after leasing them for the past 15 years.

Fraport AG, owner of Frankfurt airport, reported a 55 percent slump in third quarter profit but said freight volume is recovering at Europe's biggest air cargo hub.

JDA Software Group signed a definitive agreement to acquire i2 Technologies for an enterprise value of approximately $396 million.

Profit for supply chain software provider i2 Technologies surged from $1.4 million a year ago to $10 million in the third quarter.

Emery W. Harper, a New York admiralty lawyer who was active in a wide variety of maritime issues during a 45-year career, died Oct. 26 after complications from surgery. He was 73.

Deutsche Post DHL lost $123 million in the third quarter, reflecting costs involved in DHL's exit from the U.S.

Israel Aerospace Industries' Bedek Aviation Group completed its first conversion of a 765-300 aircraft from passenger to freighter configuration.

“K” Line is buying a minority stake in a ship repair yard on China’s Zhoushan Islands that will give it access to facilities for very large container ships.

Panalpina, the Swiss global logistics and freight forwarding group, reported a sharp drop in third quarter earnings but said it boosted ocean and air freight market share on key trade lanes.

TALLAHASSEE, FL (October 30, 2009) – John R.

Prices for Priority Mail will increase an average of 3.3 percent on Jan. 4, 2010, the U.S. Postal Service announced Wednesday.

A purchase of U.S. freight rail giant BNSF Railway by Warren Buffett’s Berkshire Hathaway could lead Standard & Poor's Ratings Services to upgrade its assessment of BNSF debt.

Virginia ranks last in the nation for using up its stimulus funds for highway and bridge construction projects, says a congressional report.

Heavy truck sales surged in October, rising 117 percent year-over-year and 104 percent from September, as freight volumes showed signs of improving and carriers began a last-minute round of truck purc

A broad group of retailers and other shippers called on the mayors of New York and Newark, N.J., to withdraw their support for changes in federal law that would allow local regulators to bar independe

After losing $143.2 million in the second quarter, Quality returned to profit in the third quarter and improved upon last year’s third quarter profit.

Freight volume in trucking’s spot market rose 10 percent in October, said TransCore, which reported the first year-over-year increase this year in the TransCore Freight Index.

The National Mediation Board proposed an amendment to its Railway Labor Act rules to provide that, in representation disputes, a majority of valid ballots cast will determine the craft or class repres

Atlantic Container Line will raise rates on the North Atlantic in two stages over the next three months. The first phase will begin Dec. 1 and the second on Feb. 1, ACL said.

Seaspan, the Hong Kong charter ship owner, posted a loss of $65.9 million for the third quarter ended Sept.

Forwarding giant Nippon Express suffered sharp declines in sales and profit in the six months ending Sept. 30, the company said.

The Southern Africa Europe Container Service Lines will introduce an additional container service to accommodate primarily the seasonal increase in refrigerated exports from South Africa to Europe dur

Zim Integrated Shipping Services said its parent Israel Corp.

Pacer International, seeking to settle a contracting issue central to the company’s intermodal business, announced Tuesday it reached a multi-year agreement with Union Pacific Railroad for new r

Con-way profit fell by two-thirds in the third quarter from $40.5 million a year ago to $13.5 million in the three months ending Sept. 30.

International short line operator Genesee & Wyoming earned a profit of $21.7 million in the third quarter, just 2 percent higher than in the same period a year ago.

Expeditors International of Washington saw its net profit fall 33 percent in the third quarter, to $57.8 million, as tighter capacity and rising prices in ocean and air transport services cut into fre

The planned purchase of BNSF Railway by Berkshire Hathaway underscores the value of railroads generally, according to Wall Street analysts.

New orders and shipments of manufactured goods are growing, but unfilled orders and inventories are still shrinking, according to the latest report from the U.S. Census Bureau.

Officials from the Hamilton Port Authority recently signed a memo of understanding with the Halifax Port Authority aimed at advancing short-sea shipping services.

Third quarter earnings for Wilh.

Dock workers in Piraeus began a 48 hour strike Nov. 3 in a fresh bid to prevent China's Cosco Pacific taking over two of the three container quays at Greece's biggest port.

Shipping lines that carry U.S. exports to Asia are planning another round of rate increases for key containerized commodities.