Transport, Trade and Regulation News

The Japanese economy shrank 0.9 percent in real terms in the first quarter from the preceding quarter, or at an annualized pace of 3.7 percent, the government said, as the country’s production a

Recovery in factory production is outpacing overall U.S.

The global economic climate is in better shape than at any time since 2007 but could be hurt by public budget deficits, inflation and unemployment in the months ahead, according to a survey of more th

The U.S. Postal Service is putting new urgency on its bid for financial relief from Congress, saying its operations will be hit if the USPS runs out of cash this fall as predicted.

UPDATED 12:20 p.m. EST

The Food and Drug Administration lacks the resources, procedures, criteria and standards to manage the safety of imported seafood, the General Accountability Office reported on Monday.

Japan will delay any decisions on whether to join negotiations toward a U.S.-led trans-Pacific free trade agreement under new economic policy guidelines the government adopted Tuesday.

Agility, the Kuwait-based global logistics company, reported first quarter profit plunged 56 percent from a year ago because of costs incurred in restructuring its defense and government businesses.

The State Department designated Crowley Maritime Corp.’s Miami logistics warehouse as a Consolidated Receiving Point facility, allowing the company to act as a subcontractor for high-security lo

President Obama gave a strong push to a transportation infrastructure program that builds on the 2009 stimulus program to repair roads, re-engineer the rail system and “maintain a world-class lo

Customs and Border Protection is bringing its risk management experience to bear on the problem of identifying potential terrorist threats in the international air cargo supply chain.

Rising competition for China’s apparel and footwear manufacturers is showing up in U.S. containerized imports.

Alan Kemper, president of the American Soybean Association, was speaking because he had some unplanned idle time on his farm near Linden, Ind.

Washington policymakers could be weeks away from discussing what a long-term surface transportation bill might look like, but they’re already shaping one behind the scenes.

The Federal Maritime Commission wants to learn more about the nascent container freight index and derivatives markets. Chairman Richard A.

A bipartisan group of senators is proposing legislation to extend the Department of Transportation’s TIGER grant program through fiscal 2018, but stops short of authorizing a specific amount for

Retail sales rose for the 10th straight month in April, driven by higher prices at gasoline stations and grocery stores, the Commerce Department reported.

Japan’s exports to the rest of the world are still sinking in the wake of the devastating earthquake and tsunami that hit the northeastern part of the country on March 11.

Leaders of the Senate Commerce Committee are proposing a $5 billion national infrastructure fund that would encourage private investment in transportation infrastructure through loans, loan guarantees

Japanese semiconductor maker Renesas Electronics said Wednesday it will resume production at its flagship Naka factory on June 1, much earlier than the previously planned June 15.

The amount of freight carried by for-hire carriers rose 1.9 percent in March from February to reach its highest level since July 2008, the Transportation Department reported.

A major retail shipper says ocean carriers have not stopped providing chassis for imported container moves despite widespread shipping company announcements and that he’ll try to opt out of any

Department of Transportation payouts to states for infrastructure projects from the 2009 stimulus law reached

Retailers and other beneficial cargo owners are citing cost containment as their top priority in negotiations with logistics providers, according to a warehouse industry executive.

Members of Congress are having second thoughts about the Transportation Worker Identification Credential system now that a Government Accountability Office report is questioning the effectiveness of t

The U.S. trade deficit rose 6 percent in March as higher oil prices offset rising exports fueled by demand for overseas autos, chemicals and machinery.

Rep. Paul Tonko, D-N.Y., will re-introduce a bill Wednesday aimed at creating safer and more secure parking spaces for long-haul truck drivers.

Karl Gernandt will succeed Klaus-Michael Kuehne as chairman of German forwarder and logistics company Kuehne + Nagel.

A $14 million increase in fuel costs helped boost operating expenses at food service company Sysco 10.6 percent in the last quarter, cutting into the food service distributor's operating profit.

U.S. wholesalers’ inventories rose for the 15th straight month in March but sales grew even faster, signaling that companies will continue to add to stockpiles to meet demand.

China’s trade surplus jumped to $11.43 billion in April as surging exports outpaced import growth despite government efforts to shift the nation’s economy toward more domestic consumption.

One-third of Japanese firms expect to see their revenue and profit decline in the fiscal year 2011-2012 which started on April 1, due mainly to the impact of the devastating earthquake and tsunami tha

Japan’s economic growth will slow to 1.5 percent in inflation-adjusted terms this year from 3.9 percent last year, the United Nations Economic and Social Commission for Asia and the Pacific fore

Consumers are gradually becoming more willing to borrow and banks more willing to lend, the Federal Reserve Bank of New York said in a report.

The Federal Motor Carrier Safety Administration wants to extend the deadline for its truck driver hours-of-service rule as it seeks additional comments.

Transportation Secretary Ray LaHood, unveiling a shift in strategy for allocating federal rail spending, sent $2 billion on Monday to passenger networks around the country after Florida had rejected t

FedEx Express is building a Southeast Asia hub operation in Singapore that will become the carrier’s second-largest facility in Asia after its main sorting operation in Guangzhou, China.

CEVA Logistics reported its profit expansion accelerated in the first quarter, with the $102 million earnings growing 36.5 percent year-over-year on improving freight management margins up across the

Virginia is moving ahead with an intermodal freight strategy even as the federal government in large part is still talking about it.

The $6 billion refrigerated warehouse industry in the U.S.