Latest news

Associated British Ports signed a £70 million ($106 million) loan facility with the European Investment Bank (EIB) to partially finance the development of a container terminal at the port of Southampton.

Toll Group has started construction on a $24 million intermodal freight terminal in the new Brighton Transport Hub in Hobart, Tasmania.

GENCO has formalized its existing contract packaging capabilities into a new business unit.

Trucking companies may have to hire as many as 60,000 additional drivers in the second half of 2013 to compensate for constraints on productivity from new hours of service rules that took effect July 1, according to FTR Associates.

China Navigation has acquired Polynesia Line, which connects the U.S. West Coast with Tahiti, American Samoa, Western Samoa and other Pacific Islands.

Officials from Port of Hueneme in California and Ports America have formally christened the stevedoring company’s new Liebherr LHM 420 Litronic mobile harbor crane.

Ozburn-Hessey Logistics has signed a 185,520 square foot industrial lease to fully occupy Pan American North Distribution Center in Medley, Fla., near Miami.

K+S Potash Canada and Canadian Pacific have signed a long-term, volume-based contract for the transportation of potash products from K+S’s Legacy site.

In June, Fraport Group’s five majority-owned airports handled 205,119 metric tons of cargo, an increase of 1.9 percent from June 2012.

Russia is planning to introduce temporary restrictions on dairy, meat and seafood imports from Greece, starting July 15, according to the Russian Federal Veterinary and Phytosanitary Inspection Service...

Average spot rates on the Asia-Europe trade held onto most of the general rate increase that took effect on July 1, in part because the wreck of the MOL Comfort has taken some vessel capacity out of the trade.

CSX has won an appeal against the Alabama Department of Revenue regarding the agency’s imposition of a sales and use tax on diesel fuel purchased by rail carriers, Jacksonville Business Journal reports.

FTR Associates’ Trucking Conditions Index for May, published in the July 2013 Trucking Update, was unchanged compared with the previous month...

As U.S. crude oil production outpaces pipeline capacity, the U.S. is depending more on railroads to move crude oil to refineries and storage centers...

FedEx Express has opened new stations in Bari, Italy, and Bergneustadt, Gescher, Wesel and Zülpich, Germany.

Supply chain strategist Page Siplon, who heads the Georgia Center of Innovation for Logistics, is taking on a bigger role as director of the Georgia Centers of Innovation.

The remaining portion of the stricken MOL Comfort sank in about 3,000 meters of the Indian Ocean late Wednesday, four days after fire broke out while the section was being towed, according to Mitsui O.S.K. Lines.

Dockworkers at the Brazilian port of Santos walked off the job but ended the protest early, with plans to strike again tomorrow, Reuters reports.

Investigators trying to determine what caused the crude oil train derailment that killed at least 15 people in Lac-Mégantic, Quebec, are focusing on the train's engineer, according to news reports.

Kunio Mikuriya, secretary general of the World Customs Organization; Raymond Benjamin, secretary general of the International Civil Aviation Organization; and Koji Sekimizu, secretary general of the International Maritime Organization, have discussed increasing collaboration.

India’s market has opened to Canadian eastern-spruce products.

DB Schenker has established its own legal entity in Laos and will now operate under the name “Schenker (Lao) Sole Co.” across the region.

Georgia’s Gov. Nathan Deal, the Georgia Ports Authority and Cordele Intermodal Services today signed an inland port agreement to ensure a direct 200-mile rail route to and from...

The Michigan Department of Transportation’s draft Michigan Freight Plan, a supplement to the 2035 MI Transportation Plan, is available for public review through Aug. 7, via the State Long Range Plan Web site.

The parent of American Airlines, AMR Corp., reported June cargo figures for its principal subsidiary, showing an increase to 160,427 million ton miles, up 8.0 percent from 148,601 million ton miles reported in June 2012.

An alliance of 17 North American retailers today unveiled the Bangladesh Worker Safety Initiative, a binding-five year agreement that aims to improve factory safety conditions in Bangladesh.

The chairman of the Montreal, Maine & Atlantic Railway expects tougher safety regulations in the wake of the Lac-Mégantic rail disaster, and he told CBC/Radio-Canada the MMA is already planning to change its operations and policies.

When trans-Pacific eastbound spot rates plunged nearly 9 percent in the week ending July 10, it was the latest example that container shipping pricing this year has lost its staying power.

International Airlines Group reported cargo traffic of 463 million metric-ton-kilometers in June, down 8.7 percent from 507 million metric-ton-kilometers of cargo in June 2012.

Norbert Dentressangle has entered into a 50-50 joint venture with the Danone Group to offer temperature-controlled logistics services for fresh products across Russia.

Supply Chain Solutions has acquired the freight forwarding business unit of England Logistics.

The European Union has launched its first formal trade dispute with Russia at the World Trade Organization.

The UK today confirmed it will sell a majority stake in Royal Mail, the state postal operator, in a flotation on the London Stock Exchange in the current financial year.

A fire that broke out aboard the remaining portion of the MOL Comfort on July 6 continues today. Firefighting also continues, but so far without success.

Westwood Shipping Lines has entered the refrigerated container cargo market with the launch of its new fortnightly reefer service connecting the U.S. Pacific Northwest...

Dockworkers at the Port of Santos in Braazil have planned a 24-hour strike today to protest the federal government’s push to privatize port terminals, according to a union leader, Reuters reports.

Cargo interests who ship by truck could face a severe capacity crunch in the near future if the U.S. experiences sustained economic growth, and if government regulations take the toll on motor carrier productivity that the trucking industry fears will happen.

Total air freight traffic worldwide slid 0.4 percent year-over-year in May, as air freight continued to maintain a sluggish pace with virtually no growth in the volume of traffic worldwide...