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Japanese carrier “K” Line reported $368 million in net income for its just-ended fiscal year but forecast lower profit and revenue amid a “largely unpredictable” outlook for shipping.

Japanese shipping conglomerate NYK Line reported a $912.7 million profit for its just-ended fiscal year, reversing a $187.5 million loss a year earlier.

Genesee & Wyoming, the U.S. short line and regional rail company, will launch dedicated terminal shunting and feeder services in the port of Antwerp.

Japan's industrial production fell at its fastest pace on record in March, tumbling 15.3 percent from February, according to preliminary figures from the Ministry of Economy, Trade and Industry.

Japanese ocean carrier Mitsui O.S.K.

Nevada Gov. Brian Sandoval, R, said he will appoint Rep.

The Justice Department wants Horizon Lines' $45 million fine for price-fixing in the U.S. mainland-Puerto Rico trade to be slashed to $15 million to avoid sending the carrier into bankruptcy.

Norfolk Southern Railway's profit rose 26 percent in the first quarter from a year earlier to $325 million, outpacing a 17 percent gain in rail operating revenue to $2.6 billion.

The number of companies that export between 5,000 and 25,000 shipments a year increased nearly 46 percent between 2009 and 2010, the American Association of Exporters and Importers said Wednesday.

The Department of Transportation is sending California a $100 million grant to buy locomotives and passenger cars for two rail routes shared with freight railroads.

The Oregon International Port of Coos Bay tapped short line operator ARG Trans to run the port's rail line that will soon resume partial service to shippers in that state.

Shanghai will expand the offshore Yangshan Deep Water Port as part of a plan to enhance the port services industry during the 12th Five-Year Plan, the city's port authority said Tuesday.

MOL will upgrade its Singapore-Nhava Sheva-Karachi Service linking Southeast Asia and the Indian subcontinent, starting in May.

An al Qaeda operative and one-ti

Old Dominion Freight Line stayed on course for stronger profitability and greater market share in the first quarter, with a 180 percent increase in net income.

The Coast Guard proposes establishing a permanent safety zone for the entire 77 miles of the Chicago and Sanitary Ship Canal and related waterways.

Truck rates and volume outpaced first-quarter cost increases at C.H. Robinson Worldwide, bolstering the non-asset transportation giant's revenue and profit.

Makers of a wide range of equipment and components used by both the freight and passenger rail industry want the Obama administration to standardized and streamline its Buy-America provisions for gran

Orders for manufactured durable goods rose in March for the third consecutive month, outpacing the 15th straight month of increases in inventories, the Commerce Department reported.

Zim Integrated Shipping Services announced a general rate increase on the westbound trades from India to Europe and the Mediterranean, the second GRI in one-and-a-half months and the third this year.

United Arab Shipping Company signed a $140 million loan facility with Gulf Bank, Kuwait, the latest financing to support the expansion of its container fleet and route network.

Japan's exports plunged 19.4 percent between April 1 and 10 from the same 10-day period last year to $18.22 billion, according to preliminary figures released by the Finance Ministry on Wednesday.

Japanese manufacturers say that 64 percent of their production bases in areas affected by the devastating March 11 earthquake and tsunami

A federal grand jury in Chicago indicted two former Air France Cargo executives on charges of conspiring to fix international air freight rates.

UPS officials say they have seen "minimal" resistance from shippers in raising prices for domestic package services so far in 2011.

Yusen Logistics (Americas) hired Doug Granger as director of capacity procurement and intermodal equipment management.

The Port of Long Beach Tuesday welcomed the newest trans-Pacific container line, Grand China Logistics, which is entering the increasingly competitive trade lane between China and the U.S.

Landstar System increased revenue 4.4 percent in the first quarter to $572 million, a slower rate of growth than in recent quarters at the truckload carrier group.

Canadian National Railway boosted its profit 31 percent in the first quarter to nearly US$702 million and raised its full-year financial outlook.

The Japanese earthquake and tsunami will have only a small impact on European imports over the next year according to the Global Port Trac

Durable goods manufacturing and retail sales led the economic recovery in 2010, according to a preliminary study by the federal Bureau of Economic Analysis.

The average sales price of used heavy-duty trucks increased 6 percent in March from February, as demand for capacity collided with a short supply of older vehicles.

The American Trucking Associations seasonally adjusted For-Hire Truck Tonnage Index increased 1.7 percent in March after falling a

Severe spring storms are hampering freight transportation in the Midwest, as several major railroads closed tracks from as far south as Texas to as far north as Canada.

INTTRA, an electronic booking portal for the ocean freight industry, formed a new advisory board with its customers to set standards for electronic payments.

Container traffic in Rotterdam grew 10 percent in the first quarter of 2011 from a year ago, driven mainly by strong growth in trade with Asia and a recovery in intra-European shipments.

A widely watched gauge of U.S. consumer confidence edged up last month and continues to suggest a slowly improving economy, despite a continued soft real estate market and high unemployment rates.

Container ship owner-lessor Seaspan took delivery of the 8,500-TEU Cosco Vietnam from South Korea’s Hyundai Heavy Industries.

UPS’s profit soared 66 percent in the first quarter to $885 million, and the parcel giant issued a glowing outlook for the full year on Tuesday, raising its earnings projections 24 percent to record a

APM Terminals is considering investing in a new Baltic Sea port in the Kaliningrad region of Russia, according to Russian government press material.