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YRC Worldwide stock tanked on Wall Street this week as the company launched a debt-for-equity exchange one analyst compared to a “controlled bankruptcy.”

Norfolk Southern Railway and Pennsylvania’s state government will spend $11 million to expand track and parking in the railroad’s Philadelphia Navy Yard intermodal facility.

William J. Logue, a veteran FedEx Express executive, will become president of FedEx Freight, the express giant’s $4.6 billion trucking arm, Dec. 1.

Warren Buffett’s Berkshire Hathaway announced Tuesday it will buy the Burlington Northern Santa Fe railroad in a transaction worth an estimated $34 billion.

The prices of the kinds of commodities that manufacturers around the world use to make industrial products hit a record high in the week at the end of October, according to the Industrial price Index

The retail price of diesel rose seven-tenths of a cent last week, the fourth straight week of increases in the national average, according to the U.S.

Mediterranean Shipping Co. said Monday it will add calls at Norfolk to the revised port rotation of its Golden Gate Service from Asia via the Suez Canal.

Panalpina launched an online transportation rate management hub on the GT Nexus Trade and Logistics Portal, supporting all ocean trade lanes across all carriers that Panalpina works with.

PORT CANAVERAL, FL— November 2, 2009 – Merritt Island resident Ralph Kennedy has stepped down from the Canaveral Port Authority Board of Commissioners.

Freight management provider Geodis Wilson has appointed Mathieu Renard Biron as their new Regional Vice President for Asia Pacific.

YRC Worldwide will launch a debt-for-equity exchange offer this week that could wipe more than $500 million in debt from the financially-troubled trucker's books.

The manufacturing sector expanded solidly in October as the PMI index of business activity surged 3.1 percentage points to 55.7 percent, the highest rate of growth since April 2006.

The closely watched Cass Freight Index of U.S.

Evergreen Marine Corp.

An Internal Revenue Service decision to reverse a previous assessment that FedEx had misclassified some package delivery drivers marks a strong victory for the carrier and its use of independent contr

Mediterranean Shipping Company posted a two-stage general rate increase on Monday for cargos imported from ports in North Europe and the Mediterranean to the United States, Canada and Mexico.

TNT, Europe's second largest mail and express company, reported its fifth consecutive quarter of declining earnings, but said its express operations are showing early signs of growth.

Ocean container carriers seeking extra cargoes are failing to grab market share from conventional refrigerated vessels despite "desperate marketing and pricing tactics," a leading reefer ope

Maersk Line on Monday announced a general rate increase as of Nov. 15 on cargo it carries from South Asia and the Middle East to Europe.

DSV, Scandinavia’s biggest trucking and logistics company, reported a steep decline in third quarter earnings but said it gained market share in its key ocean, air and land transport sectors.

Maersk Line said Monday it plans to launch a new service this month between the eastern Mediterranean and Central Europe via the Adriatic Sea that it calls the Adriatic Levant Express or “ALEX.&

Following similar moves by several other carriers in recent weeks in taking advantage of capacity cuts on the trans-Atlantic, Hanjin Shipping on Monday said it will raise its freight rates on the tran

The board of YRC Worldwide named Chief Operating Officer Timothy A. Wicks president of the trucking giant last week, a vote of confidence in Wick's handling of the company's financial crisis.

Net profit for state-owned Shipping Corporation of India fell 88 percent from a year earlier to $7.3 million in the second quarter ending Sept. 30.

A multi-year program to realign Chicago’s commuter and freight rail system issued its largest contract to date, a $10.4 million project that will double the rail capacity through the Stockyards

The total number of transits and tonnage through the Panama Canal dropped slightly in fiscal 2009 ended Sept.

Israel Corp delayed for a third time a key vote on a financial restructuring for subsidiary Zim Integrated Shipping Services, casting fresh uncertainty over the future of the troubled Israeli ocean co

Evergreen Line said Friday it will increase rates in December and January on cargo on outbound containers from North America to Europe, Asia, Australasia and the Middle East.

A Slow Crawl for LTL Rates

The Port of Charleston is having a born-again experience.

Rules that govern how many hours a day truck drivers may spend behind the wheel may change again, perhaps before August 2011, as the federal agency that regulates motor carriers reconsiders whether tr

Operating without its own equipment on the road appears to make C.H. Robinson Worldwide a tough target for the economic downturn.

Five years ago, the U.S.

Transloading volumes at West Coast ports are down, but importers’ interest in transloading is up as companies look to take cost out of their supply chains.

Stronger international lift and a pickup in next-day shipments took some of the sting out of the recession for UPS in the third quarter.

The U.S. intermodal market remains tough, but two of the industry’s biggest service providers are finding ways to build on their strengths.

The Port of New York and New Jersey is unique in many ways, and one is in the hiring of longshoremen.

Sometimes when you want to save, you have to spend.

Tightening lift is forcing shippers and their air cargo agents to shift gears.

Produce Is a Big Deal