Forwarding

Ocean container carriers pulled around 100,000 20-foot equivalent units of capacity from the Asia to North Europe route during the Chinese vacation week as freight rates decline rapidly on weaker-than

The Los Angeles Harbor Commission Monday approved a schedule by which harbor trucking companies next year must begin phasing employee drivers into their fleets, with 100 percent employee drivers requi

Marine terminal expansion almost came to a halt last year during the global trade recession, but construction of container terminals must resume soon or capacity shortages are likely to occur in some

Japan's trade surplus with the rest of the world narrowed for the first time in 15 months in August as imports grew faster than exports, according to preliminary figures released by the Finance Minist

Maersk Line is increasingly serving Africa and South America with direct services from Asia as quickening economic growth in emerging markets forces the world's largest ocean container carrier to adju

Standard & Poor's raised the rating on Zim Integrated Shipping Service's bonds four grades to BB+ following its return to profit in the second quarter of 2010.

The American Trucking Associations at the weekend filed its formal appeal with U.S. District Court Judge Christina A.

In the first progress report on its ambitious National Export Initiative, the Obama administration rapped a solid base hit, but business leaders are looking for home runs.

Someone forgot to tell importers that the peak shipping season was already over.

The World Shipping Council elected Kenji Mizushima, CEO of NYK's Global Liner Management Division, to its board at its semi-annual meeting in September.

Germany's DB Schenker Rail launched a project to create a Europe-wide system to supply and control rail freight transport aimed at boosting the industry's share of the maritime container market.

State-owned Shipping Corporation of India plans to spend an estimated $4 billion on fleet expansion over the next five years.

Trans-Pacific container lines formed a 16-member shipper advisory board to discuss solutions to problems that provoked complaints by exporters of agricultural goods and other commodities.

Rep. James L.

A.P. Moller-Maersk Thursday said it completed a five-year $6.75 billion syndicated revolving credit facility before an existing facility matures.

The Federal Maritime Commission Bureau of Trade Analysis is preparing a list of questions for shippers, carriers and intermediaries in connection with its study of the effect of removing European carr

The International Group of P&I Clubs, the subject of a European Commission antitrust investigation, is not a cartel, said the chief executive of a New York-based protection and indemnity club.

APM Terminals, which owns and operates a terminal concession in the Brazilian Port of Itajai, will take over from the Itajai Port Authority the 895-foot Berth 2, which the Brazilian government reconst

Total volume of containers handled by state-owned major ports in India surged 10 percent in the first five months of fiscal 2010-11 ending Aug. 31, the Indian Ports Association said Wednesday.

TUI's supervisory board approved a refinancing of its Hapag-Lloyd ocean carrier unit that clears the way for the German tourism group to quit the container shipping business.

Spot freight rates in eastbound trans-Pacific trade lanes declined last week to their lowest point since May as carriers expand capacity faster than the growth in cargo volume.

The Retail Industry Leaders Association is remaining neutral “at this point in time” in a congress

The South Carolina State Ports Authority is investing $17.3 million in a new terminal operating system, enhancing cargo visibility and customer service.

The Greek parliament will vote on controversial plans to deregulate road transport Tuesday as a nationwide truck drivers' protest strike entered its second week.

India's Port of Jawaharlal Nehru (Nhava Sheva) said it will consider "justifiable" requests from users for waiver of charges accrued on the traffic affected by the recent port shutdown and restricted

The world's three largest ocean container carriers, Maersk Line, MSC and CMA CGM joined forces to fight piracy in the Gulf of Aden and the Indian Ocean.

“K” Line once again won recognition as a member of the FTSE4Good Global Index, a listing of socially responsible companies that meet certain criteria for investment that include social, ethical and e

Customs and Border Protection has not clearly defined the purpose of its Importer Self Assessment, the Department of Homeland Security’s Inspector General said on Monday.

Tropical Shipping, a subsidiary of Birdsall, acquired V.I. Cargo Services, a non-vessel operating common carrier serving the island of St. Croix in the U.S.

A draft bill by the House Transportation and Infrastructure Committee would severely control ocean carriers' actions in the marketplace. Its limits would abolish nearly all antitrust immunity.

Dockwise, the Netherlands-based heavy lift ship-owner, said its three largest shareholders pledged their support for a planned $100 million stock issue to finance the construction of a giant new heavy

The barge-mounted Charleston Giant heavy-lift crane, already the largest floating crane in the Southeast, increased its certified load capacity from 450 short tons (900,000 pounds) to 500 short tons (

Georgia’s port volume got a substantial boost from shippers in the five counties that make up metropolitan Atlanta in the last year.

Container manufacturers’ prices are up about 40 percent, so why are container lessors boosting their rates for new boxes by 60 percent?

The Federal Maritime Commission’s decision this summer to extend to the end of the peak shipping season its high-profile fact-finding investigation of container shipping capacity and equipment s

U.S. containerized imports grew faster than exports during the first half of this year, the first time that has happened since imports’ pre-recession heyday of 2006.

Shippers wondering if they can save money by transloading their imports from marine containers into domestic boxes should talk to Josh Owen.

The stars have aligned for container lessors. Tight supplies and rising demand are pushing utilization rates to almost 100 percent and their prices and profits higher.

Independent truckers on the island of Grand Bahama are protesting a change in the trucking policy that Mediterranean Shipping Co. plans to put into effect on Sept.

Canadian National Railway inked performance agreements with ocean terminal operators Maher and DP World at the Prince Rupert and Vancouver ports.