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The double-digit second-quarter volume and revenue growth will come as good news to OOCL’s prospective new owner, China Cosco Shipping Holdings.

After six consecutive years of losses, the shipping industry headed for return to profits this year and next.

“We expect contractual rates to begin to improve over the next few quarters.”

PIL has declined to speculate on the attractiveness of the mid-sized carrier as a takeover target.

The majority of ships deployed on Asia-Europe by the end of 2018 will be greater than 18,000 TEU, which will have implications for rate levels and ports.

When it comes to poultry, the Port of Savannah has plenty to crow about.

Increased second-quarter US industrial activity, consumer confidence primes freight market, pressures rates.

Pacific Northwest ports believe the true competitive edge will come from faster cargo velocity at the terminals.

As freight volumes surge, truckload rates are rising faster than 3PLs such as C.H. Robinson Worldwide can adjust pricing.

Europe’s leading ocean container hub handled 6.7 million TEU in the first six months of 2016.

Consolidated net profit came in at 29.9 million francs against 21.8 million francs last time.

“The info is wrong.”

Hutchison said it continues to be impacted by ongoing structural consolidation within the container shipping industry and a consequent rationalization of services.

If the ban takes effect, US exporters of these commodities will lose access to the destination where they shipped 77.8 percent of their products last year.

Clean-air update would result in estimated $7 billion to $14 billion in extra costs in Los Angeles-Long Beach while expanding even further the ports' leading emissions reductions among US ports.

Pacific International Lines' traffic in US imports from Asia rose 67 percent year over year in the second quarter.

Trade disputes are driving US exporters of dried distillers grains (DDGs) to overhaul their supply chains.

XPO Logistics expects a healthy increase in revenue in the second quarter from the first quarter and a year ago, as freight demand in the US picks up.

Total throughput increased 2.8 percent to 111.4 million metric tons.

Air freight soared by 18 percent.

Higher second-quarter freight demand drove up costs faster than contract rates for J.B. Hunt Transport Services, squeezing the $6.6 billion company's profits.

US cotton exporters are anticipating another strong year after containerized cotton exports rose 3.7 percent last year.

The first consignment of US beef to be imported by China in 14 years is just days away from arriving in the country.

“There aren’t many other takeover candidates left on the shelf.”

A combined Cosco-OOCL carrier will further reduce the options for shippers that have been cut drastically by a wave of consolidation in the past year.

The deal maintains the Hong Kong carrier’s brand and marks a new chapter in the ongoing industry consolidation.

The $113 million acquisition of Interstate Distributor will give Heartland greater "depth" in important truck lanes and a roster of experienced drivers.

“We see lots of changes in terms of networks and ports of call and there is some impact on rates.”

The addition of The Steelman Companies follows mergers with Big Freight Systems and Schilli Companies, pushing Daseke revenue closer to $1 billion.

FedEx European subsidiary TNT Express is the second major transportation operator affected by a global cyberattack.

FedEx, undecided about whether to follow UPS in imposing holiday season surcharges, is talking with volume customers on pricing. Best advice: Avoid last-minute shipping.

Shipper spending on dedicated trucking rose last year, almost equaling spending on one-way full truckloads, a CSCMP report shows.

UPS's peak season surcharges are the latest pushback by transport operators against "free shipping."

The acquisition of Partner Logistics in the Netherlands expands Lineage's reach and aids its pursuit of automated warehousing.

Penske to acquire truck leasing, dedicated logistics business owned by family that founded Old Dominion Freight Line.

Trucking outfits and shippers that delayed preparing for electronic logging will have to accelerate plans as Supreme Court rejects appeal of ELD rule.

As e-commerce reshapes fulfillment and transportation, the effects are evident among logistics companies that make the Fortune 500 list of largest US companies.

With API tool, logistics technology company project44 aims to help shippers find capacity for lower-cost "volume LTL" shipments.

ODFL’s mid-quarter update is the latest indication that freight volumes and shipping costs are rising in the United States.

More drayage companies at the Port of New York and New Jersey are buying their own chassis or signing long-term leases to avoid the difficulty of rental pools.