Latest news

The Baltic Exchange’s new electronic marketplace for dry freight derivatives, Baltex, began trading today.

DHL Express is adding flights connecting the U.S., Middle East and Asia, dedicating a new Boeing 747-400F to its intercontinental routes.

The board of directors at the U.S. Chamber of Commerce elected Iowa trucking industry executive John Ruan III as chairman for a one-year term.

U.S. shippers moved more freight than normal in the first quarter, as a wave of inventory restocking hit earlier than in 2010, according to a shipper survey.

The Department of Homeland Security, in a move that would be welcomed by long lines of beleaguered travelers, is considering letting most airline passengers go through airport security screening witho

The port of Antwerp wiil reward “clean ships” with a 10 percent discount on tonnage based harbor dues from July 1 in a bid to further cut emissions of pollutants.

Container throughput in India’s Port of Mumbai fell 18.5 percent year-over-year in the first two months of fiscal 2011-12, the port authority said on Wednesday.

Heavy-lift shipping company Dockwise warned today that it will transfer its Dutch-flagged ships to a different register unless the Netherlands allows it to hire private guards to fight pirates.

Container traffic at Bremen/Bremerhaven hit a record high in April as the German twin ports continue to outpace growth at their North West European rivals.

APL President Eng Aik Meng announced his resignation on Wednesday, expanding a rapid overhaul in the top leadership at one of the world’s largest container shipping lines.

Spot container freight rates on the eastbound trans-Pacific took a sharp turn downward in the last week, falling 8.1 percent in a new sign of weakness on the trade lane, according to Drewry Shipping C

Japan’s trade deficit with the rest of the world soared more than three-fold to a record in the first part of May as the country’s exports withered in the wake of the

Hapag-Lloyd said it will omit the next three ship calls on its GS1 service between the U.S.

The Department of Transportation is making $1.5 million available to Alabama in “quick-release” emergency funds, to reimburse the state for some initial repairs to traffic signals, road si

A peak-season surcharge scheduled to take effect next week in the eastbound Pacific has been postponed for at least one month.

Terminal operators in Los Angeles-Long Beach will increase the traffic mitigation fee charged during daytime hours to $60 per TEU from $50 beginning July 4.

Rising floodwaters on the Missouri River have begun disrupting some rail operations, just the latest in a series of weather problems for U.S. railroads in recent weeks.

U.S. containerized exports rose 12.5 percent in April, their 19th consecutive year-over-year increase, after a 13.9 percent gain in March, according to PIERS.

The combination of Mississippi River flood water levels dropping and the river’s bottom silting up is creating what some call a navigation emergency in the channel between New Orleans and the Gu

British Airways today agreed to pay $89.5 million to scores of air freight shippers to settle a U.S. class action lawsuit over its involvement in a global cartel that fixed cargo rates.

North American owners of railcars parked 2,855 additional cars during May, expanding the fleet of idled units at a time when bulk rail freight shipments had weakened from earlier in the spring.

Maersk Line, the world's largest container shipping firm, announced the partial resumption of services at two Japanese ports damaged by the catastrophic earthquake and tsunami that hit the northeaster

A DHL Express cargo plane crashed into the sea off the coast of Gabon on Monday, but the four crew members were rescued from the wreckage.

Geodis Wilson strengthened its position in the U.S.

Maersk Line CEO Eivind Kolding, using the pulpit of the world’s largest container shipping line, urged broad changes in the industry’s practices on Tuesday, saying the business must embrac

Pacific International Lines and Wan Hai Lines will upgrade their service network in the trade lanes between Asia and Europe, the carriers announced Tuesday.

Japan and India will put a free trade agreement into force on Aug.1, ushering in a new era of trade between the two giant economies by eliminating import tariffs on most products moving between the co

Six motor carriers that received subsidies from the Port of Los Angeles for the purchase of clean trucks may have to return some of the money because they did not comply with the requirements of the p

UPS boosted its cargo capacity 50 percent on flights to Central and South America last week, saying it is responding to solid growth in Latin American demand.

Con-way Truckload, looking to hire more truck drivers in the Western U.S., reopened a driver orientation site in Phoenix that closed during the recession.

Old Dominion Freight Line, a less-than-truckload carrier, is driving deeper into drayage, opening a container drayage facility in Mobile, Ala.

A key measure of freight shipping in the United States slipped back 0.2 percent in May from the month before, a new sign that the economy is losing momentum heading into the summer.

Major ocean carriers operating to and from India plan to raise rates on key trade lanes, starting in early July.

Eastern U.S. railroads CSX Transportation and Norfolk Southern Railway each planned to hold groundbreaking ceremonies Monday on separate intermodal hub construction projects.

Shippers are bracing for higher transportation costs, even as the economy slows, according to a second-quarter survey of more than 2,000 logistics managers.

Global Ports, Russia’s largest container terminal operator, plans to raise about $100 million for an initial public offering on the London Stock Exchange.

A tentative contract between the United Transportation Union and major U.S.

The International Air Transport Association scaled back its 2011 industry profit forecast by more than half on Monday, to $4 billion from an estimated $8.4 billion the industry group had projected jus

German logistics giant Deutsche Post DHL purchased Standard Forwarding, a five-state less-than-truckload motor carrier in East Moline, Ill.

The State Assembly will most likely not address a bill that would classify drayage truck drivers at California ports and intermodal rail yards as employees, although it could be taken up next year.