Latest news

Representatives from major U.S. freight railroads will inform the National Transportation Safety Board today that implementing fully interoperable positive train control across more than 60,000 route miles before the congressionally mandated 2015 deadline is not possible.

Mediterranean Shipping Co. will increase rates on all cargo for the Cheetah service from any Asian port to South Africa, the Indian Ocean, Mozambique and East Africa, effective April.

The Suez Canal Container Terminal is operating normally today following 10 days of civil disobedience in the Egyptian coastal city of Port Said that forced 25 container vessels to skip scheduled calls at the major Mediterranean transshipment hub.

buytruckload.com is a new Chicago-based service in the transportation procurement space, initially offering a search to help shippers find prospective carriers and a survey to improve internal processes.

The Republic of Albania has implemented the international ATA Carnet system, which allows for the temporary duty- and tax-free export or import of goods for up to one year. Albania is the 72nd country to join the system.

Hamburg Süd will increase rates on all cargo on its trade from the Mediterranean to Mexico and the U.S. Gulf, starting April 1.

Eimskip has appointed Jan Felix Grossbruchhaus as senior manager in Germany, effective April 1.

The member lines of the Asia-West Africa Trade Agreement will increase rates on its Far East to West Africa westbound trade by $250 per 20-foot-equivalent unit, effective March 15.

Busan Port Authority has been designated by South Korea’s government as an autonomous public enterprise.

China Dredging Group, through its subsidiary Fujian Xing Gang Port Service; Merchant Supreme, through its subsidiary Fujian Provincial Pingtan County Ocean Fishing Group; and China Growth Equity Investment have approved...

Global trade of softwood lumber fell by about 2.5 percent in 2012, with practically all of the major lumber-consuming countries reducing important, following two years of increased trade...

Improving U.S. and European consumer confidence was credited with rising demand for freight movements at Dubai International Airport last month.

Gregory So, Hong Kong’s Secretary for Commerce and Economic Development, and Boonsong Teriyapirom, Thailand’s Minister of Commerce, today signed a cooperation agreement in Hong Kong to strengthen trade...

Samskip has launched a new container shipping route for rural Iceland.

Brazilian port workers have agreed to delay their planned strike until March 15 to negotiate with government changes in MP (provisional measure) Ports.

The U.S. Lumber Coalition is concerned by British Columbia’s recent log export policy changes, particularly a 20 percent increase in the “fee in lieu of domestic manufacturing” applied to many log exports that will take effect on...

Brazilian firm Triunfo Participações e Investimentos reported container traffic in January was 49,414 20-foot-equivalent units, increasing 9.6 percent year-over-year from 45,102 TEUs.

Toyota will begin exporting U.S.-assembled Venza vehicles to Russia and Ukraine in 2013.

OOCL will hike rates on its trans-Atlantic trade, starting April 1.

SeaFreight Agencies has signed a long-term lease for a new 148,750 square foot facility for two affiliates at International Corporate Park in Doral, Fla., expanding from its current 50,000 square foot location, also in Doral.

Shippers hoping for an extra three months of breathing room before new hours-of-service rules take effect — potentially reducing truck capacity — will be dismayed after the Federal Motor Carrier Safety Administration rejected the American Trucking Associations’ delay request.

Expeditors International of Washington today reported net earnings attributable to shareholders in the fourth quarter of 2012 was $84.21 million, falling 9 percent from $92.84 million in the fourth quarter of 2011.

Kansas City Southern’s U.S. transportation group has reorganized its management.

UPS today announced that Dan Brutto, 56, president of UPS International, will retire at the end of April. He will be succeeded as president by Jim Barber, 52, who is currently president of UPS Europe.

Geodis Wilson has appointed Kim Pedersen, 47, as executive vice president, effective March 1.

Sales of used Class 8 trucks dropped 3 percent year-over-year in January and were down 6 percent from December, according to ACT Research.

The Jacksonville Port Authority board of directors has voted unanimously to inform the U.S. Army Corps of Engineers that Jaxport will pursue a harbor deepening project by supplying additional local investment.

NewAge Software & Solutions, a United Arab Emirates-based provider of enterprise applications for freight forwarding and logistics companies, has expanded into the North American market.

The International Air Transport Association has called on governments to settle on a worldwide approach to market-based measures to help manage the 2 percent of global manmade carbon emissions produced by...

Evergreen Line will increase rates for all commodities on its trade to Europe and the Mediterranean, effective April 2.

Norbert Dentressangle has taken delivery of a second Mercedes-Benz Atego BlueTec Hybrid 1222 L, the first hybrid truck specifically designed to transport fresh and frozen produce under controlled temperature.

IAG Cargo will offer additional cargo capacity to businesses in China via a new passenger service operating between Shanghai Pudong International Airport and London Heathrow, starting March 31.

Rickmers Maritime today reported its profit in the fourth quarter of 2012 was $2.24 million, plummeting 80 percent from $11.33 million in the fourth quarter of 2011.

Container leasing companies say the trends that helped them achieve record profits in 2012 remain firmly in place for this year.

Weiss Röhlig has launched a weekly consolidation container service for loose cargo from Taiwan to Boston.

Jensen Maritime has completed the designs of two new tugboats and a deck barge for Harley Marine.