Latest news

Expectations that exports will lead the U.S. economic recovery are increasing the burden on exporters and freight forwarders to update their internal compliance programs to abide by commercial regulations and security requirements.

Class I railroad CSX Transportation, the main subsidiary of CSX Corporation, is offering temporary recovery service from mid-Atlantic ports to Northeast ports to keep freight moving along the eastern seaboard...

Vikash Patel, General Electric Power and Water senior global logistics leader, left the company to form Logisticus Projects Group, the new company announced.

U.S. beef and pork exports are trending lower in volume but up in value from the record year in 2011, according to the U.S. Meat Export Federation.

The largest ship in the Port of Mobile’s history called at its APM Terminals Mobile facility today, the Alabama State Port Authority reported.

Container lessor Textainer Group today reported profit in the third quarter was $50.7 million, up 10.6 percent from $45.8 million in the third quarter of 2011.

Few voters heading to the polls today will make their decision based on freight transportation and trade policy issues, but that won’t stop the election results from affecting shippers and transport providers in the years to come.

The four carrier members of CKYH Alliance will implement a winter service schedule, canceling seven voyages in the current Asia-Mediterranean service from November 2012 through the middle of January 2013.

Global shipping company Diana Containerships has signed a memorandum of agreement with Neptune Orient Lines for the purchase of APL Garnet, a Panamax container vessel.

Freight transportation provider XPO Logistics today reported a net loss of $3.1 million in the third quarter, compared with a net income of $0.2 million for the same quarter in 2011.

SeaCube Container Leasing reported profit in the third quarter of $11.4 million, up 29.9 percent compared with $8.8 million in the third quarter of 2011.

The same-day delivery industry is growing faster, driven by next-day retail replenishment and e-commerce, an industry association survey claims.

The glut of global vessel capacity next year and the year after is beginning to look like 2012 all over again, and the bad news is sinking in. “We must learn to live with overcapacities,” Maersk Line CEO Soren Skou told a Hamburg conference in October.

Container terminals at the Port of New York and New Jersey have resumed cargo operations while cleanup and repairs continue in the wake of Hurricane Sandy.

Gene Seroka, president of the Americas at APL, sees container shipping capacity exceeding demand for the next couple of years in the east-west trade lanes.

RailAmerica, acquired by Genesee & Wyoming on Oct. 1, reported profit in the third quarter, ending Sept. 30, was $5.9 million, down 34.3 percent from last year’s third-quarter profit of $9.1 million.

Research professor Asaf Ashar suggests a network of pure transshipment ports served by nonstop shuttles using big ships that would connect with feeder services.

American Trucking Associations recently released an analysis confirming that the trucking industry is facing an acute driver shortage that will likely worsen over the next decade.

The Argentinian ambassador to the United States is optimistic that the decade-long U.S. ban on lemons from his country will end next year.

Cryoport today appointed Jerrell Shelton as president and CEO, effective immediately.

Bechtel today announced that the Research on the Passing Effects of Ships project, a global research initiative led by the construction and engineering company that will set new international guidelines...

UK port group Associated British Ports today announced that after six years as chief executive, Peter Jones will retire at the end of March 2013.

Arc Terminals announced it is working with Canadian National Railway to build a crude-oil rail terminal in Mobile, Ala.

Short-line and regional freight railroad company Genesee & Wyoming today reported a net loss of $19.6 million in the third quarter, compared with net income of $32.9 million in the third quarter of 2011.

Hurricane Sandy’s storm surge sent ripples through supply chains and trucking networks far beyond the enormous damage it caused along the East Coast, said YRC Worldwide CEO James Welch.

FedEx Freight is putting two liquefied natural gas (LNG)-powered heavy trucks through their paces in Texas, running them nearly 1,000 miles a day in line-haul service.

The Intermodal Association of North America today reported that overall intermodal volume in the third quarter was 3.77 million, up 3.2 percent from last year’s third quarter of 3.65 million.

Container terminals at the Port of New York and New Jersey will be open Tuesday, Nov. 6 — normally a longshoremen’s holiday for election day — as recovery efforts from Hurricane Sandy continue.

Emirates SkyCargo has launched service between Dubai and Adelaide, Australia.