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Qatar Airways said it expects to reach agreement in the coming weeks to acquire a 33 percent stake in the largest European all-cargo carrier Cargolux.

Yusen Logistics said its net profit surged 134.4 percent in fiscal 2010, which ended on March 31, from the previous fiscal year to $44.16 million.

Maersk Line announced a general rate increase on Asia-Europe trade lanes as part of what it calls a new "rate restoration initiative."

Railcar leasing giant GATX sees it. So does intermodal service provider Hub Group, and equipment builder American Railcar Industries.

For shippers and trucking companies, the road doesn’t have to end at the water’s edge.

When a federal regulator throws up its hands and admits defeat in trying to pull railroads and key shippers together over a major issue, only one course of action remains: Battle.

U.S. and European shippers beware: It’s going to cost a lot more to import goods from Southeast Asia and the Indian subcontinent through the Suez Canal.

The U.S. Navy and the Maritime Administration’s marine highway program are sailing on intersecting courses, and the result could bring benefits to all parties.

Attendees at the March 31 Pulse of the Ports meeting in Long Beach saw a stark demonstration of what terminal operators believe is the cause of congestion at the port complex.

When Ng Yat Chung takes over as group president and CEO of Neptune Orient Lines in January, the former head of Singapore’s armed forces will bring a very different set of skills to the job of ru

Truck drivers may soon see solid evidence of economic recovery in their paychecks.

UPDATE 11:45 p.m. EST President Obama announced Sunday night that Osama bin Laden, the mastermind behind the terror September 11 attacks on the U.S., is confirmed dead.

New debt restructuring agreements YRC Worldwide reached with lenders and pension funds will allow the carrier to meet a key deadline in its bid to avoid bankruptcy.

The Maritime Administration will take applications until June 14 for a new round of small shipyard grants.

Major U.S. railroads and the United Transportation Union, reached a tentative five-year contract agreement that runs through December 2014.

U.S. Customs and Border Protection on Monday will begin pilot-testing automated ocean and rail manifest systems designed for the Automated Commercial Environment.

Norfolk Southern Railroad is starting to build its Memphis Regional Intermodal Facility, planned as a western anchor of its latest cross-country double-stack route, as railroad and state officials hel

Alabama and other states nearby are trying to clear away debris that hampers transportation systems and to restore power to businesses and homes, following a devastating tornado outbreak this week tha

Container ship charter rates are retreating as a wave of newly-built ships entering the market dulls ocean carriers' appetite for hired vessels.

The National Customs Brokers and Forwarders Association of America cautioned the Food and Drug Administration to use care in its definition of 'importer' under the Food Safety Modernization Act.

Caterpillar, a major global manufacturer of industrial, agricultural and transportation equipment including for trucking and rail markets, said it is "experiencing sporadic production disruptions at m

Horizon Lines, already trying to stave off bankruptcy protection, said first quarter losses widened as China-West Coast service got off to a rough start, fuel costs rose and volume was flat in the car

With container carriers trying to muscle into their markets, it’d be natural to think roll-on, roll-off carriers would be losing steam.

Ocean car carrier executives have been working overtime to reschedule sailings across their global networks after the catastrophic earthquake, tsunami and nuclear crisis in Japan ruptured the nation&r

Mediterranean Shipping Co. will increase its bunker fuel surcharges June 1 on all U.S. imports from northern Europe, Scandinavia, the Baltic countries and the Mediterranean.

A federal court in Puerto Rico agreed to reduce Horizon Lines' $45 million fine for antitrust violations to $15 million, an action Horizon said lifts the threat that the company will default on its bo

Two New York-New Jersey dockworkers have been sentenced after pleading guilty to submitting fraudulent time sheets for hours they didn’t work.

China Shipping Container Lines said its net loss for the first quarter narrowed 24.1 percent from a year earlier to $22.5 million, after three consecutive quarters of profits.

American Railcar Industries trimmed its first quarter loss to $5.3 million from $7 million in the 2010 period but reported a surge in new car manufacturing receipts and car shipments as rail equipment

Intermodal service provider Pacer International posted net income of $2 million in the January-March period, up from a $500,000 loss in the 2010 quarter.

U.S. Customs and Border Protection is distributing the last antidumping duties to be paid to U.S. companies under the "Byrd Amendment."

The U.S.

OOCL christened its newest ship the OOCL Beijing in ceremonies Thursday at Hungdong -Zhonghua Shipbuilding in Shanghai.

Japan's All Nippon Airways posted a net profit of $284.15 million in fiscal 2010, which ended on March 31, compared with a net loss of $698.78 million in the previous fiscal year.

China Cosco Holdings swung to a loss of $77.3 million in the first quarter ended March 30 as global vessel overcapacity caused a decline in freight rates in the container and dry bulk sectors.

Short line operator RailAmerica swung to a $4.1 million net gain in the first quarter from a $2.5 million loss in the 2010 period, another in a string of rebounding financial reports as the rail indus

The Port of Los Angeles in the coming decade will spend more than $3 billion to deepen its access channel, expand marine terminals, add on-dock rail capacity and improve traffic flow through street an

The Japanese government on Thursday submitted a supplementary budget of $48.8 billion for reconstruction following the March 11 earthquake and tsu

Container traffic on German waterways surged 18.4 percent to a record high in 2010, outpacing a 12.8 percent growth in total shipments across Europe's biggest inland shipping network.

First quarter net income for transportation equipment supplier Trinity Industries was nearly six times higher than a year earlier at $25.6 million, and the CEO reported "record quarterly orders for ne