Freight News
The California ports of Long Beach and Los Angeles are in the midst of a record string for container volumes, both setting records for October volumes.
The Port of Long Beach moved nearly 1 million cargo containers in October, the strongest month ever, driven by brisk demand for holiday goods and delayed containership arrivals caused by a nearby traffic incident and fire that affected some terminal operations at the end ...
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The Port of Galveston has seen wind turbine shipments picking up, with hundreds of imported blades and tower pieces bound for a US$5 billion SunZia wind farm being built in New Mexico.Through October, the port has imported 979 wind pieces totaling more than 32,000 tons, ...
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The American Trucking Associations welcomed the U.S. Senate’s unanimously passage of the Transportation Security Screening Modernization Act Nov. 21. It now awaits passage by the U.S. House.
ATA, which has lobbied heavily for the bipartisan bill, said the legislation would eliminate redundant fees and background ...
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Carl W. Bentzel has resigned as U.S. Federal Maritime Commissioner and will instead serve as president of the National Association of Waterfront Employees, or NAWE, and executive director of the National Maritime Safety Association, or NMSA.Bentzel was nominated to the FMC by President Trump on ...
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U.S. trucking activity rose modestly in October, according to the American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index, the third increase since July.“The slow, and choppy, climb off of the bottom continued in October,” said ATA Chief Economist Bob Costello. “Since hitting a ...
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Swedish-Norwegian roll-on, roll-off carrier Wallenius Wilhelmsen said its third quarter was its second-strongest quarter of record, despite a slight dip in adjusted EBITDA, to US$503 million.“All business units are performing well, and the activity level is high across the organization,” said Lasse Kristoffersen, CEO of ...
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Americans could face a loss of US$46 billion to US$78 billion in spending power each year if newly re-elected President Donald Trump makes good on his promise of new tariffs on imports, according to a recent study by the National Retail Federation.Trump’s proposals include a ...
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Danish shipping giant A.P. Moller - Maersk said higher freight rates coupled with increasing container volumes led to improved third quarter revenue and profit.Maersk reported growth across its businesses, primarily driven by Ocean, while both Terminals and Logistics and Services also contributed to improved earnings. ...
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Hapag-Lloyd AG said a third-quarter rebound in demand and freight rates led to a significant increase in earnings for the German container shipping group.However, these results lag previous-year levels as expected, due to lower first-half 2024 freight rates and increased transport expenses from the rerouting ...
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DHL Supply Chain is deploying a suite of generative artificial intelligence applications to enhance its data management and analytics capabilities, aiming to provide greater insights and direct value for customers.Developed with the support of Boston Consulting Group, DHL Supply Chain said its strategic initiative marks ...
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