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Battered by lower energy prices and weakening demand for industrial products, Russia's GDP contracted by 10.5 percent in April, compared with a year earlier, Deputy Economy Minister Andrei Klepach sai

At a time when trucking companies are falling from the landscape due to a lack of business and unsustainable rates, Jim Palmer Trucking found a way to keep its wheels on the road.

Consumer confidence improved two months in a row and in May rose to its highest level in eight months, according to researchers at the Conference Board.

MOL may take advantage of the glut of dry bulk tonnage to bid for an overseas bulk- shipping line as plunging demand and the global recession send company valuations tumbling.

Hamburg Süd and its Brazilian sister company Aliança said Monday they will upgrade their UCLA service between the east coast of South America, the Caribbean and Central America and the U.S

The Port of Seattle joined other U.S. ports in posting sub-par container volumes for April. Seattle's international container volume dropped 32.5 percent compared to April 2008.

APL’s container volume and average revenue fell during the most recent four week reporting period, its parent Neptune Orient Lines said Monday.

Transportation Secretary Ray LaHood is ready to take a new cross-border trucking program to Congress, but the bigger question may be whether Congress is ready for Mexican trucks.

The Senate Commerce, Science and Transportation Committee is out of the gate in the highway spending debate with a plan that would redirect federal transportation policy.

Even with mounting losses pushing some ocean carriers into perilous financial territory, Pat Moffett doesn’t worry one of his carriers will go belly up and strand his company’s container loads of elec

It isn’t every day non-vessel operating common carriers find themselves in such a pivotal position in the eastbound trans-Pacific container trade.

Some railroads and unions appear to be planning now for the day when business returns and skilled workers are called back from layoffs.

International trade is an important component of the U.S. economy, especially for those of us living in Oregon and Washington. Exports are of singular importance.

Dave Akers checks the spot rates for shipping containers from Asia to the U.S. first thing every morning.

The global economy may be moving in reverse but vendors of software that automates trade compliance processes are rolling out new products and services into what they call an expanding market.

Pity the poor retailer. Consumer confidence is near rock bottom, revenue and profits are down, and each week brings fresh news of store closings and bankruptcies.

The Obama administration’s fiscal 2010 budget proposal includes more than $250 million in transportation spending cuts, but lawmakers and interest groups won’t let the programs go without a fight.

Canadian National Railway got permission last spring to acquire a suburban Chicago short line, closed the deal early this year and is already running a few trains there.

Frederick Potter is assuming his new position as director of the Teamsters’ port division with humility and a keen awareness of the magnitude of the task that lies ahead.

The global financial crisis has put the brakes on merger and acquisition activity in the global transportation and logistics sector, according to a new report by PricewaterhouseCoopers.

YRC’s Worldwide’s latest move to avoid exiting the highway for good raises new questions not only about the trucking company’s financial status but also the future of thousands of retired union employ

Overcapacity in the trucking industry is sending used truck prices plummeting and leasing companies are scrambling to minimize the damage and keep inventory rolling.

Containerized imports at the Port of Tacoma fell 33 percent in April to the lowest level of the year as exports outweighed imports at the Pacific Northwest port long heavily weighted toward outbound t

The Virginia Department of Transportation scaled back its plan to close a group of rest stops in one of the heaviest truck routes in the country in a move the American Trucking Associations says will

Net profit for Transport Corp. of India fell 28 percent to $2.4 million in the January-March quarter of fiscal 2008-09 ended March 31.

The U.S. House of Representatives passed the Federal Aviation Administration reauthorization bill yesterday, including a provision making it easier for the Teamsters union to organize FedEx.

NOL Group, parent company of ocean carrier APL, selected an office building in Phoenix, Ariz. as the new home for its regional headquarters in the Americas.

Reddaway, a subsidiary of YRC Worldwide in the western United States and Canada, this week launched a four-level Guaranteed Window Delivery service.

Hanjin Shipping will launch a direct service between Busan, Korea, Shanghai, China and Haiphong, Vietnam starting from the beginning of June.

Recovery Act spending launched 545 highway and transit projects worth $2.1 billion by the end of April, the House Transportation & Infrastructure Committee said, which was about twice the level at

A group of four small western European countries is seeking a free-trade agreement with Russia and other eastern European nations.

States would be effectively barred from launching their own port access identification card programs by an amendment to the $7.6 billion Transportation Security Administration 2010 budget authorizatio

Take a deep breath of that Spring air. It’s a lot cleaner than it was last year.

Airlines and labor unions alike are hoping new Federal Aviation Administrator Randy Babbitt can bring new energy to an agency that has been losing altitude.

The contraction in the global economy seems to be slowing, said Angel Gurria, head of the Organization for Economic Development and Cooperation, in a speech May 22.

The public-private partnership concept could be dealt a blow if Congress approves a bill filed Thursday that would prohibit states, private ventures, or public-private combinations from imposing tolls

The Surface Transportation Board is the best small agency to work for in the federal government according to the Partnership for Public Service and American University's Institute for the Study of Pub

In a burst of sudden activity before lawmakers head out of town for a Memorial Day recess, the Senate filled several important transportation posts for the Obama administration.

While the drop in rail traffic has long cut into demand for new railcars, diversified equipment makers like Trinity Industries were able to keep up their barge building.

London -- British Airways crashed to a record pre-tax loss of $630 million in fiscal 2008/2009 from a record profit of $1.45 billion in the previous year.