Transport, Trade and Regulation News

The owner of a Norwegian tanker hijacked off Somalia's coast says there has been no recent word from the ship.

Maersk Logistics said it is teaming up with Frankfurt, Germany-based investment advisor First Climate in a partnership that offers a portfolio of environmental services to Maersk Logistics clients.

The Organization for Economic Co-Operation and Development is slashing its 2009 forecast to show economies in the 30-nation bloc will shrink a combined 4.2 percent, General Secretary Angel Gurria anno

Small trucking companies are calling on the Obama Administration to suspend plans to establish another cross-border trucking program with Mexico until Mexico meets U.S.

President Obama formally tendered the nominations of Joseph C. Szabo as administrator of the Federal Railroad Administration, and Linda A. Puchala to serve on the National Mediation Board.

The Environmental Protection Agency has not met its objectives in ridding ports of polluted air, according to the agency’s inspector general.

The Indianapolis-based regional Indiana Rail Road wants the Surface Transportation Board quickly to approve its plan to build a 5.2-mile link to a large new coal mine.

China's trade surplus will continue to decline despite the Chinese government's various initiatives to bolster its exports, the chairman of global management consulting firm A.T.

UTi Worldwide Inc., an international, non-asset-based supplier of supply chain services and technology, lost $89.8 million during the fourth quarter of fiscal 2009, ending January 31.

The federal government is providing millions of dollars in stimulus funding for transportation projects that create jobs and reduce pollution, but applicants must move quickly in order to qualify for

Descartes Systems Group, which provides on-demand logistics software-as-a-service, unveiled its latest generation of solutions at its Global User Group Conference in Atlanta, Ga., which runs from Marc

The United States Postal Service faces losses of historic proportion, said Postmaster General John Potter in testimony March 25 before a House panel.

U.S. housing starts, a statistic closely monitored by transportation interests, increased in February after a long string of monthly declines.

As chair of the full Environment and Public Works Committee, Senator Barbara Boxer, D-Calif., opened a hearing March 25 on the need for transportation investment in relation to the next highway, trans

The Transportation Security Administration’s known shipper program does not provide the security intended, according to a report by the Department of Homeland Security Inspector General.

The Journal of Commerce erroneously reported on its Web site last week that Descartes Systems Group reported a profit in the fourth quarter thanks to a tax benefit.

Japan's exports and imports both shrank at their fastest paces on record in February amid the deepening global economic downturn, according to preliminary figures released by the Finance Ministry on W

The Senate on March 24 confirmed Gary Locke as commerce secretary.

New orders for manufactured durable goods perked up in February for the first time since August, 2008.

AMB Property, one of the world's largest logistics facilities developers, said Tuesday the global economic downturn is cutting into its business at a rate of 3 to 4.5 percent but the declining busines

Freight forwarder Geodis Wilson is using Descartes customs filing and compliance services to standardize its global customs filing process.

The Highway Trust Fund is likely to run dry this summer unless the president and Congress provide an infusion of money, according to the president of the American Association of State Highway and Tran

TradeBeam, which provides on-demand global trade management software, launched the Duty Rate Calculator, which enables businesses to quickly obtain current, general and preferential, as well as future

Ringnes, Norway's largest brewery, today announced that the company is using RFID technology supplied by IBM to achieve greater visibility into its logistics operations, and improve service to Norwegi

Air Canada in December extended its existing contracts for two Unisys air cargo solutions.

Nestlé selected GT Nexus to provide a central online hub to streamline ocean freight procurement negotiation and contracting processes.

Transportation Secretary Raymond LaHood, looking to quiet a furor over a cross-border trucking program that threatens to grow into a full trade war, said Tuesday he plans to create a new version of th

The Federal Maritime Commission will consider two landlord-tenant disputes involving the Port Authority of New York and New Jersey when it meets on March 25.

London -- DSV, Scandinavia's biggest trucking and logistics company, reported 2008 net profit gained 15 percent from a year ago on strong growth in ocean and air freight volumes and a one off gain on

Three of PepsiCo’s business units informed customers they will eliminate wooden pallets from their supply chain in favor of plastic pallets from Intelligent Global Pooling Systems.

With several acquisitions during the year, Agility, formerly PWC Logistics, boosted annual revenue from $5.9 billion in 2007 to $6.8 billion in 2008.

Tom Behrens-Sørensen, group executive vice president, will step down as Chairman of Maersk China after 14 years and leave the A.P. Moller - Maersk Group.

MOL said today that its car carrier Jasmine Ace was fired on by pirates in two high-speed boats about 480 miles east of Somalia around at 4:10 p.m. local time on Sunday afternoon.

The deadline for all truck drivers entering terminals in the Port of New York and New Jersey to have TWIC cards is Monday, March 23, the Port Authority of New York and New Jersey said in an urgent rem

Third-party logistics providers thrived as the economy stalled last year, but will have a tough time making money in the coming year as the recession settles in and trade retreats.

The chairman of the House Transportation and Infrastructure Committee wants to carve out major new funding this year to attack a number of congestion chokepoints around the nation.

Federal officials rushing to roll out the Transportation Worker Identification Credential are getting some help from an unexpected quarter — the recession.

Giving up on the American Dream could turn out to be one of Frank Appel’s smartest moves.

Congress finally killed a program allowing U.S.