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China Cosco Holdings reported a first-quarter loss of $166 million just hours after being forced to make its second unusual trading announcement of the month as rumors that the carrier would be merged with China Shipping Container Lines continued to galvanize the market.

Based on the rates one importer has negotiated in its annual trans-Pacific contracts, it appears likely that shippers may have to ante up for freight rates that are substantially higher than in the past few years.

Indian logistics and trucking major Gati Ltd. says e-commerce growth helped drive consolidated net profit up 59 percent year-over-year in fiscal year 2014-15, which ended March 31.

Lufthansa Cargo says it is delaying the construction of a new freight center at its Frankfurt hub “by at least two years.”

The first of United Arab Shipping Co.’s super-sized container ship built to run on liquefied natural gas has been named in a ceremony at Hyundai Samho Heavy Industries, the Korean shipyard where the vessel is under construction.

APM Terminals said all truck drivers entering its facilities from the end of 2016 must remain in their vehicles as part of a companywide project designed to eliminate one of the top five causes of injuries.

As the U.S. economy came screeching to a halt in the first quarter — at least those parts that contribute to gross domestic product growth — UPS improved revenue, shipment volumes and profit, a sign that things may not be as bad as the economic indicators seem to say.

Global Logistics Properties (GLP) this week signed new lease agreements in China totaling more than 1.5 million square feet with retailers and third-party logistics providers.

The frustration of Hong Kong’s container terminal operators was evident in a local newspaper column by the industry association head urging the government to implement its own recommendations to keep the port competitive or lose out to regional ports.

By most standards, congestion at the largest U.S. port complex is significantly less than it was during the winter, long truck turn times persist.

The acquisition of French logistics giant Norbert Dentressangle will create new global opportunities for XPO, boosting its annual revenue to $8.5 billion.

Just two hours before they were set to call the port at Jebel Ali in the United Arab Emirates, the crew of the Maersk Tigris likely had little or no idea that the container ship would become international news while heightening tension in the Middle East.

Picketing by truck drivers seeking union status continued Tuesday at the ports of Los Angeles and Long Beach, indicating that the campaign by the Teamsters union to organize harbor truckers throughout the harbor is not going away anytime soon.

The arbitrator who became a key sticking point in labor negotiations on the U.S. West Coast earlier this year has filed suit against shipping companies and the International Longshore and Warehouse Union.

Cargo interests urge the Federal Maritime Commission to take action against carriers and marine terminals that assess late charges for the pickup and return of equipment when the shipper’s ability to comply with the demurrage and per-diem requirements is compromised because of terminal congestion.

Swift Transportation will hike driver pay for the second time in less than a year as it plans to expand truck capacity 4.5 percent across multiple divisions in 2015. Expect shipper rates to keep pace.

Iranian patrol vessels fired warning shots across the bow of the container ship Maersk Tigris when the vessel was traversing the Strait of Hormuz in Iranian territorial waters, a Pentagon spokesman said.

A rush by container lines to add services threatens to create overcapacity and undermine rates on all-water services between Asia and the U.S. East Coast, Alphaliner reports.

The WTO’s Trade Facilitation Agreement, when ratified, will simplify and harmonize the flow of trade information from shippers and other supply chain partners into agencies responsible for monitoring and regulating trade.

There used to be few alternatives to manufacturing in China, but this infographic details how rising production costs in the "Factory of the World" is allowing sourcing competitors to threaten that dominance.

Major ocean shipping companies are warning customers using Jawaharlal Nehru Port Trust — India’s biggest container handler — to expect service delays this weekend in response to a 12-hour power outage planned by local authorities May 1 for electrical upgrades in the harbor.

Danaos, the leading Greek container ship-owner, more than tripled its earnings in the first quarter and forecast further gains for the rest of the year.

TNT Express posted an operating loss and shrunken comparable revenue in the first quarter, warning that it faced tough times in the run-up to its planned acquisition by larger U.S. rival FedEx in 2016.

Mega-vessels deployed in the Asia-Europe trade are overlapping intra-Asia routes and compounding the influx of capacity cascading into the regional trade from oversupplied east-west routes.

The bull run enjoyed by Asian air cargo since the last quarter of 2014 could not last forever, and after a robust first two months of the year, sharply slowing demand in March brought the business back to Earth with a bump.

International Longshore and Warehouse Union Local 10 in the Bay area will use its monthly stop-work meeting on Friday to idle the ports of Oakland and San Francisco to protest recent police killings of African-Americans.

Spot rates in the China-U.S. East Coast lane are falling back down to historical levels, a sign that vessel diversions driven by West Coast congestion may be easing.

The Port of New York and New Jersey’s container volume in March set records for container lifts and 20-foot-equivalent units, aided by the lingering impact of labor disruptions on the U.S. West Coast.

The trial of Thomas Farmer, a former Crowley Liner Services executive accused of antitrust conspiracy, has entered its third week in U.S. District Court in San Juan, Puerto Rico.

General Mills will be the first tenant at a tri-modal logistics facility near Manchester, England, set to open next year. The inland port will offer rail, truck and short-sea shipping links.

GCT Bayonne plans to introduce such a system this year, and other New York-New Jersey terminals are quietly preparing to follow. The Port of Virginia plans in June to begin testing an appointment system at Norfolk International Terminals and eventually expand it portwide. The NIT appointment system had a short-lived test last year.

Available warehousing and distribution space is getting harder to find and more expensive as demand outpaces construction, according to Jones Lang LaSalle.

The Port of Virginia’s efforts to curb congestion took a literal hit Sunday morning after a barge struck a rail bridge, forcing Norfolk Southern Railway to delay five intermodal services and end two.

Saudi Global Ports has opened its newest container terminal in Dammam’s King Abdul Aziz Port.

At its worst, the months of congestion and gridlock at West Coast ports left beneficial cargo owners nearly blind in trying to pinpoint where their shipments were in the supply chain. Unlike the visibility it has given industry stakeholders under normal conditions, technology couldn’t even save the day. The sophisticated electronic tools shippers use to manage and track their cargoes just didn’t work as advertised.

U.S. consumer spending and new homebuilding are forecast to grow so steadily this year that imports from Far East Asia are likely to grow by a faster-than-expected 4.5 percent, year-over-year.

A Teamsters-supported organization that is attempting to organize owner-operator truck drivers in Southern California said Monday a number of drivers were picketing the yards at several trucking companies, as well as marine terminals in Los Angeles-Long Beach.

Adani Ports and Special Economic Zone, India’s biggest private port infrastructure developer, is poised to snap up another container port contract in the country.

For a region dismissed not so long ago as a bit of a backwater, where inefficiency, corruption and chronic congestion were the norm, east Africa is beginning to show its mettle.

China Shipping Container Lines in the first quarter continued its profitable turnaround that began with a positive 2014 annual result, reporting a 305 percent increase in net profit to $40 million.