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Russia and China want to look into the gradual development of a new reserve currency for the global financial system, top Kremlin economic aide Arkady Dvorkovich told the press Monday on the eve of th

Container traffic at the Port of Marseilles-Fos declined by 1 percent in the first five months of the year to 363,762 TEUs, after a 13 percent increase to 286,863 TEUs in east-west container throughpu

The CKYH Alliance will start direct service between Vietnam and the U.S. East Coast in the middle of August by adding Ho Chi Minh City to the current AWE-4 service.

Agility Defense & Government Services has been awarded a one-year option on the U.S.

President Obama plans to nominate Christopher P.

President Obama nominated Daniel R. Elliott III, an associate general counsel at the United Transportation Union, to become the next chairman of the Surface Transportation Board.

Ocean carrier executives in the eastbound trans-Pacific were not quite ready to break out the champagne in late June, but they appeared pleased that freight rates had finally hit bottom after a long s

The Panama Canal Authority will open bids on July 8 from three competing global engineering groups to build a third set of canal locks.

After taking little significant notice during six years of deep and detailed negotiations to bring international maritime shipping law into the 21st century, the European Shippers’ Council sudde

Although trade financing is becoming easier for exporters to access, many major transactions are still frozen because of financing trouble, said Angel Gurria, secretary general of the Organization for

MOL has streamlined its Pacific Southwest Express service and is offering the industry’s fastest direct service – 15 days – from Vietnam to Los Angeles.

The Port of Rotterdam has reached agreement on the location and construction of an intermodal terminal that will transfer hundreds of thousands of containers each year from trucks traveling on congest

Dockworkers at India’s Port of Haldia called off their strike on Monday, following negotiations between local authorities and union leaders.

Customs authorities at India’s Port of Jawaharlal Nehru issued new regulations to ensure strict implementation of container scanning at the country’s busiest box gateway.

Terra Firma, a leading British buyout firm, is reported to be preparing a bid for Australia-based Babcock & Brown Infrastructure’s PD Ports unit, the U.K.’s third-largest ports operato

Gregory G.

CMA CGM China and CMA CGM Hong Kong Shipping will switch to CNC’s international liner services from the Agnès CHONG group as of Aug. 1.

World Bank President Robert Zoellick warned Monday that more governments may try to impose protectionist trade measures in the months ahead if the global economic recession continues.

Hapag-Lloyd, responding to reports that mounting losses are crippling the carrier's finances, denied today it is in talks with the German government for state financial assistance.

Freight traffic at major U.S.

Despite faint signs that parts of the freight industry are bottoming out or even picking up after a long slide, don’t look for bunches of “green shoots” to push through the tracks.

The Obama administration’s WTO complaint against Chinese export practices is welcome news, because more balanced trade with China is essential for achieving a sustainable economic recovery.

Is the trucking industry’s fuel tank three quarters empty or one quarter full? And is there enough fuel in that tank to get struggling motor carriers through the recession?

Six months after winning a 10 percent wage cut from its union workers, YRC Worldwide went back to the bargaining table.

The Obama administration says the American Recovery and Reinvestment Act is generating thousands of construction projects nationwide, but critics and even some defenders say the program is paying out

“Does anybody hear US? Does this administration hear from the folks who have all come together and said we need a robust highway bill now?” asked Sen. George Voinovich, R-Ohio.

Exporters and importers know all roads lead to or from a port, which is why West Coast port operators are clamoring for a share of the $450 billion highway bill.

The ill wind blowing through the global transportation industry claimed its latest ocean shipping victim when Eastwind Maritime and more than 50 of its affiliates filed for liquidation in late June.

When President Bush sought support for the controversial Central America Free Trade Agreement a few years ago, Harding Stowe, chairman of RL Stowe Mills, hosted the president at his plant in Belmont,

When Minerals Technologies shops for magnesium oxide, it buys much of it from China.

Motor carriers serving the nation’s ports and rail ramps are convinced that if they can survive the global trade recession for six more months, they will be well positioned to thrive in an impro

Hampton Boulevard offers a winding, often scenic path from Norfolk, Va., to Portsmouth, taking just six miles to go from one port terminal to another through bustling neighborhoods that include a hosp

Over the years, regulatory disputes in the trans-Atlantic container trade have been as prominent at times as commercial activity.

The container shipping industry is on pace to scrap a record 300,000 TEUs of capacity this year as carriers and shipowners race to curb supply in the face of plunging demand.

If you want to see how the world’s economic axis has shifted, look no farther than the U.S.-North Europe container trade.

Belgian freight carrier Cargo B Airlines ceased operations this week, saying the global economic downturn sent air freight pricing plummeting and ruined the airline’s financial stability.

Moving to trim down capacity in a tight market, container lines CMA CGM, CSAV and China Shipping Container Lines said Thursday they are combining their direct services between the Far East, Mexico and

Truckload carrier Landstar System is expanding off-road by acquiring two technology companies that give it greater reach into shippers’ freight networks.

The ports of Seattle and Tacoma, Wash., and Vancouver, British Columbia, released their first annual Northwest Ports Clean Air Strategy Implementation Report outlining cooperative measures the ports a

An impending cap on hours worked by train crews has major U.S. railroads wanting to alter pay agreements to reflect the curbs, and they have asked a federal court to quickly step in.