Latest news

FedEx today reported its income in the second quarter, ending Nov. 30, was $438 million, dropping 12 percent from $497 million in the same quarter last year.

Russian intermodal container transportation company TransContainer reported rail container volume in the first nine months of 2012 was 1.1 million 20-foot-equivalent units, rising 10.2 percent year-over-year.

Hong Kong Air Cargo Terminals, which handles cargo at Hong Kong International Airport, has been fully meeting the new Transportation Security Administration requirement that became mandatory on Dec. 12.

Crowley Maritime Corp.’s liner services division has named Tony Otero as vice president of Caribbean services.

The South Carolina Ports Authority reported that the Port of Charleston handled 125,780 20-foot-equivalent units in November, up nearly 12 percent year-over-year.

Japan’s exports to the United States rose for the 13th consecutive month in November.

The American Trucking Associations today reported that its seasonally adjusted For-Hire Truck Tonnage Index increased 3.7 percent in November, following October’s 3.7 percent drop. It was the first monthly gain since July.

Failure of the International Longshoremen’s Association and United States Maritime Alliance to extend their contract negotiations raises the likelihood of a Maine-to-Texas dock strike at year-end.

The Tampa Port Authority’s board of commissioners today voted unanimously to hire A. Paul Anderson as the authority’s new port director and chief executive.

Edward Wytkind, president of the Transportation Trades Department, AFL-CIO, today urged the U.S. Senate to pass the pending Hurricane Disaster Relief Appropriations Act to help regions affected by...

Hong Kong’s Census and Statistics Department today reported that the volume of goods exports dropped 4.7 percent in October, although the volume of goods imports rose 1.4 percent from October 2011.

At the second India-ASEAN Business Fair in New Delhi, Anand Sharma, Union Minister for Commerce, Industry & Textiles; expressed confidence that trade between India and...

At the 30th Customs Cooperation Conference in Seoul, Korea, today, Clement Cheung, commissioner of Hong Kong Customs, and Joo Yung-sup, commissioner of the Korea Customs Service...

LONG BEACH—The Dec. 12 announcement that CMA CGM is taking an equity stake in the Pier J terminal at the Port of Long Beach is a significant development...

Contract negotiations between the International Longshoremen’s Association and United States Maritime Alliance broke off today, raising the likelihood of a Maine-to-Texas dock strike at year-end.

India’s Ministry of Civil Aviation has established the Air Cargo Logistic Promotion Board, an inter-ministerial group, to lay down policy framework to govern air cargo operations in the country.

Maersk Line recently announced that it will implement a congestion surcharge in the event of an International Longshoremen’s Association strike at East and Gulf coast ports, which would begin Dec. 29...

Ocean and air freight company Shipco Transport will open a new export warehouse facility, on Jan. 7, 2013.

Cosco Container Lines, one of the four carrier members of the CKYH Alliance, will institute several surcharge adjustments.

The International Chamber of Shipping has issued a report about the future governance of Arctic waters and shipping, intended for high-level policymakers in environmental and foreign ministries...

The International Transport Workers Federation joined the UNI Global Union and IndustriALL Global Union in calling for reforms from global retailers, such as Wal-Mart and Sears...

Supply chain management company Descartes Systems Group today announced it is working with DHL Global Forwarding to upgrade the freight transportation company’s electronic communications to Cargo-XML...

Kerry Logistics has secured a contract with luggage company Samsonite in Thailand to manage its supply chain, including general warehousing, value-added services, pick and pack and local transportation services.

Hong Kong-based CargoSmart and Japan-based Nippon Automated Cargo and Port Consolidated signed an agreement to integrate their logistics systems before Japan Customs’ newly enacted Advance Filing Rules go into effect in March 2014.

American Railcar Industries, a railroad freight car manufacturing and repair company controlled by investor Carl Icahn, has offered to buy The Greenbrier Cos., which also makes and refurbishes railroad freight cars...

Representatives of the International Longshoremen’s Association and United States Maritime Alliance resumed negotiations today...

International Asset Systems, which specializes in cloud-based software for intermodal transportation and container shipping, has added John Allen in a new position, senior vice president of client services.

Moody’s Investors Service has affirmed an "A1" rating for the South Carolina Ports Authority’s outstanding debt.

The container ship charter market, struggling to recover from record lows, is set to weaken further in 2013 with an overhang of excess capacity depressing vessel earnings, according to industry analyst Alphaliner.

Hapag-Lloyd and Hamburg Sud are in preliminary negotiations over a merger that would create the world’s fourth-largest ocean carrier and likely trigger a fresh round of consolidation in the fragmented container shipping industry.

Grain terminal operators in the Pacific Northwest on Monday rejected a contract proposal from the International Longshore and Warehouse Union, setting up a union vote this weekend on an employer proposal that union leaders have already said they do not like.

The Teamsters union says it is willing to discuss labor costs when contract talks with ABF Freight System begin Dec. 18 — but not just union labor costs.

Graybar, a company specializing in electrical products and related logistics services, today announced that Thomas S. Gurganous will retire on Feb. 1, 2013, after more than 39 years with the company.

Transportation and logistics service provider Roadrunner Transportation Systems today named John G. Kennedy to its board of directors, replacing Mark R. Holden.