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Container carriers began the year with seemingly unshakeable resolve to increase rates on refrigerated cargoes, saying the prices were far below what carriers need to earn a return on their sizable investments. Now rates seem to be in a freefall.

Trans-Pacific ocean carriers carriers in 2013, like they did last year, will attempt to make up for their losses with BCOs by charging higher rates to non-vessel-operating common carriers, smaller companies that consolidate cargo.

ECT Delta Terminal and Euromax Terminal Rotterdam, both in the Netherlands, will receive maiden calls from three new ships next week...

Euroports has agreed to sell Euroports Containers Meerhout, which operates the inland container terminal in Meerhout, Belgium, to Inland Terminals.

India’s Cabinet Committee on Economic Affairs has approved the proposal of the Ministry of Shipping for setting up a new deep-draft port at Sagar Island in West Bengal through a public-private partnership.

Major Indian port-based logistics provider Gateway Distriparks reported its net profit fell 4 percent year-over-year in fiscal year 2012-13, which ended March 31, 2013, to $23.44 million on a consolidated basis, despite significant revenue growth.

The boom in U.S. oil and gas production is transforming the infrastructure needed to deliver carbon-based fuels throughout the U.S. and especially in the Gulf ports that have traditionally served as gateways for crude oil imports.

Shippers worried about the potential loss of capacity when the new hours-of-service rules kick in will need to work more closely with truckload carriers to ensure they get the best possible fleet utilization.

President Obama’s recent tapping of Charlotte Mayor Anthony Foxx as Department of Transportation secretary sparked speculation on the political future of the young Democratic rising star and what the pick means for the administration’s high-speed rail agenda.

Gati reported its revenue in the third quarter of its fiscal year 2013, ending March 31, 2013, was 3.2 billion rupees (about US$57.8 million), improving 23 percent from $46.9 million in fiscal year 2012, ending March 31, 2012.

Etihad Cargo, part of Etihad Airways, has updated its summer schedule to reflect investments in capacity, flight frequency increases and new freighter routings and destinations.

Logiventures has invested in eight acres of land, near the Magam Ruhunupura Mahinda Rajapaksa Port in Hambantota, Sri Lanka, to support its vehicle transit facility, which opened there in June 2012.

Global air freight traffic continues to exhibit “signs of weakness” with an overall year-over-year decline of 1.0 percent in March, according to the Airports Council International.

New York State’s 524-mile canal system opened for the season this week, welcoming commercial traffic and recreational boaters, Times Union reports.

The global 3PL market remains fundamentally strong, even as revenue growth has slowed for most third-party logistics providers amid economic uncertainty. Driving the market are shippers who continue to turn to outsourced logistics services as they expand in developing markets.

Revelations this week that YRC Worldwide had considered acquiring Arkansas Best, parent of ABF Freight System, earlier this year seemed to help both companies on Wall Street.

FTR Associates’ Trucking Conditions Index for March, published in the May 2013 Trucking Update, reflected improvement in an already favorable environment for trucking...

Emirates Shipping Line will raise rates on trade from the Far East and Southeast Asia to the Middle East, starting May 15.

NFI has announced five promotions and additions to its senior management team.

With Mother’s Day just a few days away, logistics companies are ramping up operations to prepare for extra holiday-related shipments...

The International Brotherhood of Teamsters blasted YRC Worldwide’s recent attempt to open acquisition talks with Arkansas Best, charging the less-than-truckload carrier with “interference in the collective bargaining process.”

The volumes of Hong Kong's total exports and imports of goods rose year-over-year, up 11.3 percent and 11.1 percent, respectively, Hong Kong’s Census and Statistics Department reported May 9.

The International Transport Workers’ Federation and its affiliated maritime unions in Bulgaria, Georgia, Romania, Russia, Turkey and Ukraine are aiming to improve safety and working conditions...

Konecranes and the KION Group have entered into an agreement to collaborate in the container handling lift truck business.

Norfolk Southern today announced six senior management appointments, according to Wick Moorman, chairman and CEO of the Class I railroad...

DB Schenker Logistics will build a new €53 million (about US$68.7 million) terminal in Vantaa, Finland.

International Container Terminal Services reported its net income in the first quarter of 2013 was $43.2 million, jumping 20 percent from $36.0 million in the first quarter of 2012.

YRC Worldwide was — and still is — interested in acquiring not just rival trucker ABF Freight System but its $2.1 billion parent company Arkansas Best, which includes Panther Expedited Services, YRC Worldwide CEO James Welch said.

International Airlines Group, the merged British Airways-Iberia carrier, saw cargo revenue decline 7.2 percent in the first quarter from a year ago, largely due to a collapse in traffic at its troubled Spanish unit.

EmiratesSkyCargo’s revenue rose 8 percent to $2.8 billion in fiscal 2012/13 from a year ago as the fast-growing Middle East carrier expanded its network and added four Boeing 777 freighters to its fleet.

Food importers might want to brace themselves: They need to get ready to plow through thousands of pages of new regulations, help foreign suppliers prepare facilities and operations for new rules, make sure they aren’t legally responsible for mistakes made by foreign suppliers and perhaps open their wallets for steep user fees.

The Indian Ministry of Commerce and Industry has scaled back its export target for fiscal year 2013-14 from an original estimate of $500 billion to $325 billion.

The Indian Ports Association reported container throughput at major ports fell about 4 percent year-over-year in April, the first month of fiscal year 2013-14.

Major Japanese international freight forwarder Kintetsu World Express Inc. said on May 9 that its net profit declined 4.3 percent in fiscal 2012, which ended on March 31, from a year earlier to 9.134 billion yen ($92.26 million) on a consolidated basis.

Pacific Forum Line has announced a few changes to its Southpac service.

Japanese ocean carrier Mitsui O.S.K. Lines announced plans to launch an India-Southeast Asia roll-on, roll-off service, later this month.

JadeWeserport in Germany has handled 33,000 containers since it opened in September 2012...

IAS Logistics has plans to replicate its Texas Trucking Operation in Los Angeles, Chicago and Miami.

Port Saint John in New Brunswick reported container tonnage in the first four months of 2013 was 154,939 tons, jumping 77 percent from 87,752 tons in the same period in 2012.

CMA CGM will launch a new intra-Morocco service, the New Morocco Shuttle.