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European Union explosive experts will meet Nov. 5 to examine new measures to tighten air cargo security. /air-expedited/ups-planes-grounded-searched-suspicious-packages

Container ship owner Costamare fell $100 million short of its maximum target in an initial public offering in New York.

One of the parcel bombs sent out of Yemen through air cargo carriers was defused 17 minutes before it was set to explode, according to France’s interior minister.

Panalpina, the Swiss global forwarding and logistics group, reported third quarter profit jumped 13 percent from a year ago driven by strong growth in ocean and air freight traffic.

Hanjin Shipping said it swung to a profit of $196 million in the third quarter ended Sept. 30, compared to a loss of $338 million in the same quarter of last year.

The Drewry Container Rate Benchmark fell 5 percent in the most recent week, leaving the spot market pricing measure down 23 percent from the year’s high point set three months ago.

Intermodal provider Pacer International saw its third-quarter net income jump 83 percent to $1.1 million while revenue fell, but said it would have done better had not Hurricane Alex disrupted its tra

Long Beach voters on Tuesday approved an initiative that will most likely result in the port turning over more of its revenue each year to the city.

Nippon Express earned net profit of $52.68 million in the six months to the end of September, an improvement of just 0.4 percent on the year earlier period.

Trade using surface transportation between the United States and its North American Free Trade Agreement partners Canada and Mexico was 25.3 percent higher in August 2010 than in August 2009, reaching

Homeland Security Secretary Janet Napolitano assured major air express carriers she is committed to working together with them on "enhanced screening and preventative measures" after last we

The air cargo industry has a "compressed" window of opportunity to develop measures to counter the threat of terrorism after authorities

The Federal Maritime Commission is seeking public comments and information to help in its three-year study of the effects of the European Union's repeal of ocean carrier antitrust immunity.

Net orders for heavy trucks surged in October, climbing 22 percent in the third straight month-to-month increase, according to FTR Associates.

Finnlines, the Finnish short sea shipping line, reported higher third quarter revenue and profit driven by a recovery in North Sea and Baltic Sea roll-on, roll-off traffic.

The Federal Reserve's policy panel said Wednesday it will buy $600 billion in long-term U.S.

Net income and revenue leaped in the third quarter at non-asset-based trucker Roadrunner Transportation Systems, with sales up 31.3 percent from a year ago.

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Republicans swept races to put them in firm control of the House of Representatives come January, including the Minnesota seat now held by Transportation and Infrastructure Committee Chairman James L.

Arkansas Best narrowed its losses to $300,000 in the third quarter, with a $2.6 million operating loss at its less-than-truckload carrier ABF Freight System.

Higher costs helped push trucking and logistics giant Con-way back into the red in the third quarter, as a second-quarter surge in truck demand faded.

The wave of Republicans taking over the House on Tuesday swept out Rep. Gene Taylor, D-Miss., one of the most passionate supporters of the Coast Guard and U.S. merchant marine in Congress.

Stronger demand, improved yields and higher prices powered a 130 percent surge to $33.8 million in net profit for Atlas Air Worldwide Holdings in the third quarter.

UPDATE 5:55 p.m.: Greek authorities said Wednesday that recent bombing are not connected to al-Qaeda or international terrorism, but are instead the work or domestic terrorists.

The UK's Royal Mail reported first half profit slumped 72 percent from a year ago as losses at its core domestic mail unit outweighed improved earnings at its European logistics and international parc

Strong demand that led to a record operating margin pushed Expeditors International of Washington to a $96.1 million net profit in the third quarter, 66 percent better than the same quarter a year ago

FedEx will buy India package and freight delivery specialist AFL and its affiliate company Unifreight India, sharply stepping up the company’s investment in one of the world’s fastest growing economie

Yang Ming Marine, Taiwan’s second largest container line, posted a record profit and revenue in the third quarter, which ended Sept.

The American Trucking Associations and the Port of Los Angeles Tuesday asked the U.S. Court of Appeals for the 9th Circuit for an expedited hearing of their appeals in the port's clean-truck case.

Aircraft manufacturer Boeing, showing strong confidence in air freight demand after the longest downturn in the industry’s history, says world air cargo traffic will return to its 2007 peak by the end

Hanjin Shipping said it reached an out-of-court settlement in London with Sumitomo Bank of Japan and South Korean container-leasing company Unitas over who owns 5,900 disputed containers.

OOCL confirmed Tuesday that it has been using low sulfur fuel in Hong Kong since the beginning of the year as part of the Fair Winds Charter, a voluntary shipping industry initiative.

Port Manatee is set to receive $9 million from the U.S. Department of Transportation as part of the second round of the Transportation Investment Generating Economic Recovery grant program.

The U.S. Postal Service announced a 3.6 percent overall price increase for all shipping services starting in January.

The volume of containers handled by the Port of Jacksonville increased 10 percent to a record of 826,580 20-foot equivalent container units in fiscal 2010 ended Sept.

Four major Dutch ports, Amsterdam, Moerdijk, Dordrecht and Rotterdam, announced Tuesday they will reward clean ocean-going vessels that score well under a new environmental index with discounts on the

The Netherlands joined the United States, United Kingdom and other countries on Tuesday in suspending mail and cargo shipments from Yemen.

Ferrovial, the Spanish construction group that owns London Heathrow airport, agreed to sell Swissport International, the world's largest air cargo ground services company, to a French leveraged buyout

Canadian National Railway and North America Stevedoring Company, a unit of Quebec Stevedoring, said they will soon build a multi-modal steel trans-loading facility in Chicago, to tap what is already t

The Cass Freight Index for U.S. shipments fell 5.2 percent in October from the month before, dipping to its lowest point in three months.