Latest news

Transportation and logistics giant Con-way will send $200,000 to help tornado survivors rebuild in Joplin, Mo., the home of its Con-way Truckload division.

UTi Worldwide reported a 13.2 percent decline in net profit to $8.7 million in its fiscal first quarter ending April 30 as costs from restructuring global operations offset a 14 percent gain in revenu

Horizon Lines, struggling in recent weeks to stave off a debt default, said Wednesday it has new agreements with bondholders to refinance the company's entire capital structure.

The Port of Oakland secured $18 million in federal funding for operations and maintenance dredging for its 50-foot channel.

The average price of diesel fuel fell for the fourth straight week in the period ending May 31, sliding 4.9 cents to $3.948 a gallon, the U.S. Energy Information Administration said.

Philippine terminal operator ICTSI offered to buy all the shares of Portek International, a Singapore-based investment holding company that operates medium-sized container and multipurpose ports, for

Container volume moving through West Coast ports increased 7 percent in April compared to April 2010, with export growth outpacing import growth.

China Southern Airlines will buy six 777 freighters in a move to sharply increase the carrier’s reach into the international cargo market.

U.S. manufacturing growth slowed sharply in May amid rising commodity prices and an uncertain economic outlook, according to the Institute for Supply Management’s monthly index.

BAe Systems is selling its commercial aircraft leasing and asset management to the private Fortress Investment Group as the British transportation manufacturer focuses more sharply on its large defens

Moscow’s Domodedovo International Airport pulled its planned initial public offering in London saying it is not satisfied with its valuation.

Roadrunner Transportation Systems acquired M. Bruenger Trucking, a truckload carrier with headquarters in Wichita, Kans., for approximately $10.6 million.

Maersk Line announced a piracy risk surcharge on containers shipped between India and the Middle East region. Effective June 1, the surcharge is $70 per 40-foot equivalent unit.

Lufthansa Cargo inaugurated its South Asia pharmaceutical hub at India’s Hyderabad airport with shipments of medicines to Philadelphia and Chicago.

The International Chamber of Commerce is urging G20 leaders to push for conclusion of the Doha Round of trade talks and says a new report shows major nations are violating pledges to restrict protecti

Hanjin Shipping introduced an upgraded Supply Chain Carbon Calculator that enables a shipper to calculate CO2 emissions for transporting a container by period, multiple destinations and bill of lading

The shares of DP World were listed Wednesday morning on the London Stock Exchange’s main market for listed securities.

Copenhagen’s stock exchange said Wednesday it found no basis for concluding A.P. Moller-Maersk had passed price-sensitive information to an SEB Enskilda shipping analyst last month.

Japan and Peru have a new free trade agreement to eliminate import tariffs on almost all products traded between the two countries within 10 years.

Japan’s exports to the rest of the world sank at an accelerated pace in early May in the wake of the devastating earthquake and tsunami that hit the country on March 11.

Horizon Lines says the New York Stock Exchange is warning the company faces possible delisting because its market capitalization and stockholder equity have fallen below NYSE criteria.

Container lessors spent an estimated $4 billion to acquire more than 1.6 million 20-foot equivalent units last year, according to the Institute of International Container Lessors.

The Department of Transportation is working on changes in rail regulations that could save the industry more than $1 billion over the next two decades.

The expanded Panama Canal and higher fuel costs will boost demand for U.S. warehouses and distribution centers, a new report says.

The value of surface transportation trade between the U.S.

President Obama said he will nominate John Bryson, former chairman and CEO of utility company Edison International, to head the Department of Commerce.

Rising shipments from China fueled an 8.7 percent increase in U.S. containerized imports in April, PIERS data show.

The Federal Motor Carrier Safety Administration will delay the release of its controversial new truck driver hours-of-service rules until October.

Truckload giant Swift Transportation expects to raise its contract rates 4 percent this year, the CEO of the $2.9 billion trucking operator said Friday.

Ocean container freight rates on the Asia-Europe shipping lanes have become more volatile since the European Union outlawed liner conferences in October 2008, Alphaliner said.

New Jersey-based logistics company NFI Industries acquired the West Coast operations of The Gilbert Company from ocean shipping giant Maersk.

Ocean container volumes are projected to show solid growth at European ports in the coming six months after a weak first quarter, according to the Global Port Tracker: North Europe Trade Outlook&rsquo

Yildirim Holding, the Turkish trading and ports conglomerate that owns 20 percent of CMA CGM, agreed in principle to buy 50 percent of the French ocean carrier’s Malta Freeport container termina

Ocean container volume for Neptune Orient Lines and its APL shipping subsidiary rose jumped 9 percent in the four weeks ending May 6 but average revenue per box fell back 4 percent to the lowest point

United Arab Shipping has a new $205 million loan facility to finance the acquisition of two container ships with capacities of 13,100 20-foot equivalent units.

Turkey’s bold plan to build a canal to divert shipping from the heavily congested Bosporus Strait will be put to the test after the country’s general election on June 12.

American exporters are doing their part to meet the government’s goal of doubling exports in five years.

RILA’s Casey Chroust says recovering retailers remain focused on tight inventories and – say it slowly – transportation disintermediation

If the world were a better place, the U.S. Agency for International Development wouldn’t be among the top 100 U.S. exporters.

U.S. agriculture is riding high on the productivity of American farmers and a huge demand for their products in the global marketplace.