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European Union regulators approved a $41 billion state-funded bailout for Germany’s HSH Nordbank, the world’s biggest shipping bank.

Standard & Poor’s revised its outlook for Hapag-Lloyd from “stable” to “negative” but confirmed the German ocean carrier’s BB+ credit rating.

Japan’s exports grew for the first time in August on a year-over-year basis since the catastrophic earthquake and tsunami hit the northeastern part of the country on March 11.

The global container shipping industry lags behind many other industries in establishing a set of key performance indicators to measure elements that are critical to shipping customers.

Transportation Secretary Ray LaHood released $82.7 million for track and signal improvements in New England, across a region where freight and passenger lines often share the same corridor.

The U.S. challenged China’s “wrongful imposition” of antidumping and countervailing duties that a U.S.

Truck freight broker Total Quality Logistics said it expects sales to top $1 billion this year as it opened a satellite office in Dayton, Ohio.

Dubai's Port & Free Zone World, which owns 80.5 percent of terminal operator DP World, signed an $850 milli

Air Canada, the country’s largest carrier, said Tuesday it’s modifying about 10 percent of its flights to mitigate the impact of an anticipated flight attendant strike on Wednesday, accord

The seven largest railroads added a combined 1,191 workers to their U.S.

Housing starts fell 5 percent in August to a seasonally adjusted 571,000 annual rate that’s less than half the 1.2 million that economists say reflects a healthy market.

Truckload operator Gordon Trucking is tightening pre-hire screening of driver applicants, requiring hair samples for drug testing well as urine samples.

Germany’s DHL Global Forwarding bought out its partner Lufthansa Cargo’s share in their U.S-based temperature-controlled logistics joint venture.

Costamare bought two second hand vessels for $90 million and extended the charters on six other ships in the Greek containership owner’s 49-vessel fleet.

The American Trucking Associations attacked Virginia’s plans to put a toll on I-95 near North Carolina, saying it would simply divert truckers to other roads.

The Federal Highway Administration gave Virginia a “yellow light” to proceed with plans to place a controversial toll on Interstate 95 near North Carolina.

A quarterly survey of factory production lowered its forecast through 2012 but expects manufacturing to continue to outpace sluggish growth in the overall economy.

The International Air Transport Association cut its 2011 forecast for global air cargo revenue to $67 billion from a $72 billion estimate in June, due to stagnant volume and

The Senate voted late Monday 84-4 to proceed with debate on a bill that’s considered an essential first step toward approving three long-stalled free trade agreements.

Hapag-Lloyd will discontinue calling at congested Nhava Sheva (Jawaharlal Nehru Port), India’s largest container gateway, and instead will call on Mundra, a privately owned port.

Japanese export ship orders fell for the fourth straight month in August on a year-over-year basis, plunging 74.4 percent to 346,300 gross tons, according to the Japan Ship Exporters’ Associatio

Hapag-Lloyd is postpoining by a month the implementation of the general rate increase it planned to apply Oct. 1 on shipments from Canada to destinations in the Indian subcontinent.

The owners and operators responsible for a ship that spilled 53,000 gallons of oil in the San Francisco Bay in 2007 agreed on Monday to a $44 million settlement with federal, state and local agencies.

The Maritime Administration Deputy Administrator Orlando Gotay left his position abruptly on Friday. The agency did not give a reason for the departure.

A coalition of New Orleans customer brokers called on the industry on Monday to support legislation requiring the federal government to spend all harbor maintenance tax revenue on maritime projects.

Carriers and shippers that would like to see changes in regulations governing cargo preference laws will have the chance to tell the Maritime Administration what they think on Oct. 3.

Import cargo volume at the busiest U.S.

U.S. containerized exports in July rose 4.8 percent from a year earlier, boosted by double-digit gains in wastepaper, scrap metal and logs and lumber, PIERS data show.

Korean Air says a sharp drop in electronics exports out of South Korea sent the airline’s cargo traffic down 8.4 percent in the second quarter from the same period a year ago.

Cargo shipped on the St.

Old Dominion Freight Line extended its $120 million expansion this year into Pennsylvania, opening a terminal in Altoona and hiring 14 employees.

Import volume at the Port of New York and New Jersey grew 6.7 percent in July on a month-to-month basis to the highest point of 2011 although container volume fell back compared to last summer’s

Gulftainer, the Middle East’s largest private port operator, plans to invest $275 million to co-develop and operate a multipurpose cargo terminal at the Russian Baltic port of Ust-Luga

The GAC Group promoted Stuart Bowie to managing director of the company’s Dubai office, and Gurmurthi Shankar will succeed him as sales director.

Trucking and logistics company Cargo Transportation Services emerged from bankruptcy last week after reorganizing and attracting a new equity partner.

Vehicle shipments through the Port of Baltimore rose 12 percent to a record 270,700 units during the first six months of this year, the Maryland Port Administration said.

Stimulus payments to states for transportation projects completed under the 2009 economic stimulus law rose to more than $31.3 billion as of Sept.

The Massachusetts Port Authority plans to replace up to 60 old drayage trucks at the Port of Boston through a $1.5 million program that includes a $500,000 grant from the Environmental Protection Agen

Construction of the Maersk Illinois is nearing completion in China.

When Eastern Shipbuilding struck a deal with a company in Brazil more than two years ago that would bring in millions of dollars in new business, the Panama City, Fla., shipyard applied to the U.S.