Latest news

The global recession and its consequences pushed mobile phone shipments to a sharp decline in the first quarter, according to an industry research firm.

In a welcome turn of events for the beleaguered Port of Charleston, Mediterranean Shipping Co.

Discount retailer Stein Mart this week began overhauling its nationwide distribution system. APL Logistics is helping to lead the transformation.

Aircraft leasing company Atlas Air Worldwide Holdings earned a record profit of $23.4 million in the first quarter after deconsolidating subsidiary Polar Air Cargo Worldwide for reporting purposes.

UPS is boosting service in Asia by expanding its after market network of field stocking locations in India and establishing a post-sales customer support center in the Philippines.

BAA, the world's biggest airports operator, reported pre-tax losses in the first quarter widened from a year ago amid slumping freight and passenger traffic at its seven UK airports.

The number of foreign trade containers handled by the Port of Tokyo was completely unchanged in December.

Ricardo Martinelli soundly defeated the governing center-left party's candidate in Panama's presidential election Sunday, enhancing the chances that the U.S.-Panama free-trade pact signed in 2007 will

A.P. Moller-Maersk is calling for creation of a secure maritime corridor off the coast of eastern Somalia to protect vessels against the surge in pirate attacks.

A.P. Moller-Maersk Group reduced its CO2 emissions by 9 percent in 2008 compared with 2007.

Truckload carrier Swift Transportation is upgrading its internal document processing to pay drivers and bill customers faster as cash flow has become a major priority for carriers in the current econo

Agility, a Kuwait-based provider of logistics services, announced that net profit before non-recurring items rose to $135 million during the first quarter of 2009, or

Sometimes even a good financial report can show how bad the economy is.

Asian imports to the U.S.

The closely-watched Cass Freight Index fell a record 25 percent in April compared to the same month a year ago, and freight spending also dropped at a record pace, throwing a new cloud over hopes that

Retail diesel fuel sold for an average of $2.185 per gallon last week, down 1.6 cents a gallon, according to the U.S. Energy Information Administration.

With substantially lower revenue, distribution facility provider ProLogis earned only slightly less profit in the first quarter, compared with a year ago.

Wallenius Wilhelmsen Logistics announced May 4 that it will launch a new roll-on, roll-off service to South America’s West coast beginning in June.

MAC Cargo Handling launched operations May 4.

Barge operator Kirby Corporation earned a profit of $28 million in the first quarter, down 23 percent compared with the 2008 first quarter.

Hyundai Merchant Marine will introduce two services in May and June, connecting China to the U.S. East Coast.

Alexander & Baldwin, industrial real estate operator and parent of Matson Navigation, earned a profit for the first quarter of $3 million, a 93 percent slump compared with earnings of $42.1 millio

ClearOrbit, a provider of supply chain software, is completing its integration with parent company TAKE Solutions by changing its name to TAKE Supply Chain and introducing an expanded set of products.

China Shipping Container Line will operate eight of its own ships and add Norfolk as a port on an Asia-to-East Coast service that it previously operated jointly with CMA CGM.

John Fredericksen, the billionaire shipowner and dissident investor in TUI AG, is gathering support to oust TUI Chairman Juergen Krumnow at the annual general meeting of Europe’s largest tour op

Container truck drivers at Port Metro Vancouver reached an agreement that will avoid a threatened strike.

CMA CGM will introduce a new service linking North Europe, Greece and Turkey with the first vessel leaving Hamburg on June 1.

Kentucky-based R.J.

As the global recession kept up the pressure on express and mail volumes, Dutch logistics giant TNT saw revenue decline 10.2 percent in the first quarter to $3.3 billion.

Cargo tonnage at the Port of Prince Rupert dropped 24.5 percent in the first quarter even though container traffic at the Canadian West Coast port doubled over the first three months of last year, the

Members of Congress and the short line railroad industry are humming a riff full of sour notes over a strangled loan pool gasping for support.

Sometime in the past quarter, the wheels came off the less-than-truckload industry.

Importers will be able to file 98 percent of their Customs entry summaries using an upgraded electronic data entry system by the beginning of 2010, the agency says.

With European ports reeling from the recession and declining cargo volume, the depth of the downturn has shocked even those inured to the industry’s cyclical swings.

Barges are emerging as Europe’s inland transport of choice as shippers, container lines and ports seek alternatives to congested highways and underperforming railways.

Europe’s two top railroads, Germany’s Deutsche Bahn and France’s SNCF, are clashing for supremacy of the continent’s rail freight business.

The country’s Class I railroads remain profitable, but they’re starting to feel the economy’s sharp edge.

Shippers are expecting expedited pricing to take a sharp turn downward this year, and parcel carriers are working hard to prove them wrong.

Private truck fleet operators are making more use of their capacity and injecting fresh competition into a fight for freight that grows fiercer as shipment volumes drop and trailers go empty.

Trucking companies trying to manage through the worst freight economy in memory are using investments in international supply chains to build stronger links with their biggest customers.