Transport, Trade and Regulation News

States received another $208 million in stimulus from the Department of Transportation in the week ending Aug.

Damco saw its profit grow 9 percent year to $361 million in the first half of 2011 from the same period a year ago, as ocean and air freight volume increased despite what the logistics arm of A.P.

Pirates hijacked a Marshall Islands-flag chemical tanker with 21 men while it was anchored at the Port of Salalah, Oman, on Aug. 20, according to the Indian Shipping Ministry.

Commissioner Alan Bersin wants to simplify the steps Customs and Border Protection takes to process imports into the nation’s commerce.

Shippers are likely to feel the pain of the U.S. Postal Service’s dramatic attempts to repair its troubled finances whether they use the mail heavily in their business or not.

With the future of the Doha Round of global trade talks in the balance, U.S.

The domestic maritime community is furious with the Maritime Administration for approving waivers to non-Jones Act tankers to transport oil on coastwise routes from the Strategic Petroleum Reserve on

The U.S. Postal Service is ending an experimental freight-hauling program as it faces massive losses, layoffs and a network-wide consolidation.

Union Pacific on Friday settled a long-standing argument with Customs and Border Protection over more than $500 million in fines for drug smuggling on its trains coming from Mexico by agreeing to spen

Truck tolls at bridges and tunnels linking New Jersey and New York City will more than double over the next five years under an increase approved Friday by the Port Authority of New York and New Jerse

Saudia Arabian Airlines agreed to pay $14 million to settle a class action lawsuit accusing the airline of conspiring with other carriers to raise freight rates between 2000 and 2006.

Apple shipped more mobile computers than any competitor in the second quarter, vaulting it over HP to the market lead, said research firm DisplaySearch.

Air cargo forwarders who operate security screening facilities are questioning a proposed fee increase for government background checks of employees.

Members of the trade community say the Customs and Border Protection still has a long way to go in its efforts to blend

The Transportation Security Administration issued its final rule on U.S.

U.S. export growth to China between 2000 and 2010 surpassed outbound trade with the rest of the world, quadrupling to $91.9 billion, according to a new report.

The cash-starved U.S. Postal Service began negotiations Thursday with two unions representing nearly 250,000 workers amid plans to slash the postal work force more than 20 percent.

The latest diesel emissions inventory released by the Port of Los Angeles shows that the Clean Air Action Plan reduced pollution more than 70 percent in 2010 even as cargo volume rose by 5 percent.

The Justice Department on Wednesday filed suit against a Louisiana shipyard accusing it of making false statements when soliciting a contract from the Coast Guard.

Japan posted a second consecutive monthly trade surplus in July as the country’s exports recovered from the natural disasters in March, according to preliminary government figures released Thurs

The European Union-South Korea Free Trade Agreement that went into effect July 1 is already boosting FedEx cargo demand.

The Department of Transportation is sending states another $417.3 million in highway-related grants, on top of any lingering stimulus spending and TIGER grants.

The U.S.

Magnetek, a builder of industrial equipment that includes material moving products for marine terminals and mines, says many of its key markets are still expanding.

A Great Dane Trailer plant in Georgia, an intermodal rail project in Arkansas and a truck technicians’ school in Alaska are among those benefiting from infrastructure grants awarded this month b

Transportation Secretary Ray LaHood on Tuesday awarded $9.98 million in grants to 13 small shipyards across the United States to hel

U.S.

Somali pirates released the MV Sinin, a Maltese-flag bulk carrier, and its crew on Aug. 13 after 182 days in captivity, according to the Indian Shipping Ministry.

The Department of Transportation’s payments to states for finished stimulus projects reached $30.4 billion as of Aug.

Agility, the Kuwait-based global logistics company, reported second quarter profit plunged 57 percent to $29.4 million from a year ago because of lost defense and business contracts.

The Japanese economy shrank 0.3 percent in the second quarter of this year from the preceding quarter, or at an annualized pace of 1.3 percent, in real terms, the government said in a preliminary repo

September could be a tough time for transportation spending, and that could affect transportation planning for far longer.

The Customs and Border Protection agency and customs brokers agree changes in regulations are needed to conform to business operations today. The question is how to update the rules.

The U.S. Postal Service on Friday said it is considering laying off some 120,000 employees, about 21 percent of its work force, as it faces a second year of losses totaling more than $8 billion.

Caterpillar Chairman and CEO Doug Oberhelman called for U.S. policymakers to launch a strong infrastructure repair program to upgrade ports and domestic transportation networks.

U.S. retail sales rose 0.5 percent in July, and business inventories grew in June for the 18th straight month but at the slowest rate in more than a year, the Commerce Department said.

The U.S. trade deficit rose in June to its highest level since October 2008 as soft overseas demand reduced industrial and capital goods exports.

Trying to quell fast-spreading concerns about its policy plans for farm truck operators, the Department of Transportation said it is not planning to force farm drivers to get commercial drivers’

Two key shipping associations are protesting a proposal that could extend a trucking safety regulatory agency’s authority to their operations.

The Transportation Department’s Freight Transportation Index rose 2.6 percent in June, the index’s largest month-to-month increase since November 2009.