Latest news

Accredited Business Consolidators tentatively agreed to purchase 135 acres of land on the Bay of Bluefields, Nicaragua...

Export-Import Bank of the United States reported a fourth-straight record-breaking year, approving more than $35.8 billion in authorizations in fiscal year 2012...

DP World has sold its 25 percent stake in a container terminal in Russia’s Far East to its local partner and majority shareholder Global Ports Investment for $230 million.

Construction and mining equipment maker Caterpillar today lowered its profit and revenue outlook from between $68 and $70 billion to about $66 billion...

Freightliner Trucks Sales Executive David “Fish” Mihuta recently spoke to the Propeller Club of Savannah about the continuation of the Maritime Logistics Education Taskforce...

Klaipeda Port and Butinges terminal in Lithuania handled 31.9 million tons of cargo in the first nine months of 2012, a 6.5 percent decrease year-over-year.

United Parcel Service and TNT Express said they will respond within a couple of weeks to the European Union’s antitrust concerns over their $6.8 billion merger.

West Coast ports from Seattle to San Diego are becoming increasingly vulnerable to meddling by politicians, much to the detriment of their commercial activities, according to a maritime industry leader.

A territorial dispute between China and Japan may further hurt trade between the world’s second and third largest economies this fall...

Construction of the Combo Project, a $121.5 million infrastructure investment along the Roberts Bank Rail Corridor in Surrey, British Columbia, was recently celebrated...

Old Dominion Freight Line expanded key terminals in Tennessee and Indiana as the less-than-truckload carrier rolls out a $120 million network upgrade.

Panama-based vehicle, truck and heavy equipment transport company SC Line is now calling on the Jacksonville Port Authority’s Talleyrand Marine Terminal...

India and Switzerland officials met in India to discuss economic and commercial relations between the two nations.

More goods packed into warehouses and sitting on store shelves meant not as much freight moving in trucks during the summer, a situation carriers and shippers hope is changing as the year-end holidays and trucking’s annual peak shipping season approach.

A.P Moller-Maersk has turned to the Swedish bond market in an effort to raise fresh capital.

TransAtlantic today acquired the operations of Finnish shipping company Merilinja through an asset deal...

ICE Homeland Security Investigations special agents arrested Eric Prokopi, 38, of Gainesville, Fla., this week on charges regarding illegal imports of dinosaur fossils...

Freight railroad company Kansas City Southern reported profit in the third quarter, ending Sept. 30, was $90.7 million, down 9.4 percent year-over-year from $100.1 million.

GATX reported profit of $53.8 million in the third quarter, ending Sept. 30, shooting up 63.5 percent year-over-year from $32.9 million.

Marten Transport profit rose in the third quarter, but more slowly than in the first half of 2012, as the refrigerated truckload carrier pursued more regional freight.

The World Trade Organization Appellate Body panel favored the U.S. in a dispute challenging China’s imposition on U.S. exports of grain oriented flat-rolled electrical steel.

Pacific Northwest grain terminals and the International Longshore and Warehouse Union have agreed to resume contract negotiations on Oct. 29 under the auspices of the Federal Mediation and Conciliation Service.

The travails spreading through the Asia-Europe trade are as painful in the air as they are on the sea.

Could the major container lines finally be coming to terms with the overcapacity of vessel space that has acted as a drag on their earnings over the past two years?

Singapore-based container carrier APL has temporarily suspended “acceptance of shipments” to and from the Port of Sokhna, Egypt.

The Oakland Board of Port Commissioners has placed Executive Director Omar Benjamin on administrative leave.

When the 1,200-foot Cosco Guangzhou arrived to load and unload cargo at the Port of Prince Rupert’s Fairview Terminal in mid-September, officials rejoiced at the sight of the largest vessel in the Chinese carrier’s Pacific Northwest fleet.

The problems are familiar on both sides of the U.S.-Canada border: crumbling bridges; crowded, dangerous highways; and growing congestion along key rail corridors that lead to major ports.

C.H. Robinson Worldwide exited the freight payment business by selling T-Chek for $302.5 million. Robinson, a $10.3 billion company, is expanding overseas logistics and forwarding services.