DiBella to lead Federal Maritime Commission
The newest member of the Federal Maritime Commission is now its new chief executive.Laura DiBella today was designated as chairman of the ocean shipping regulat...
Latest Shipping & Logistics News
10,580 articlesCPKC profits rise as economy, trade issues drag freight
Canadian Pacific Kansas City on Wednesday reported higher fourth-quarter profits on freight volumes that narrowly improved.“Our story is about continuing ...
Intermodal competition weighs on Norfolk Southern quarterly earnings
Heightened intermodal competition took a toll on Norfolk Southern’s volume, revenue, and profits in the fourth quarter.The 7% drop in intermodal volume drove ...
Union Pacific to file revised rail merger application in March
Union Pacific expects to file its revised Norfolk Southern merger application in March, Chief Executive Jim Vena said on the railroad’s earnings call on Tuesd...
Bomb Cyclone Bearing Down on Mid-Atlantic and New England: What Drivers and Fleets Need to Know
Another one’s coming.The National Weather Service is now forecasting what they’re calling a “significant East Coast winter storm threat” for thi...
First look: Norfolk Southern Q4 earnings
Norfolk Southern today reported fourth quarter income fell 17% to $937 million on revenue that was down 2% to $3 billion, as freight volumes declined 4% from a ...
Valencia and Santos create green corridor to decarbonize transatlantic trade
The port authorities of Valencia and Santos have signed a memorandum of understanding to create a green maritime corridor. The agreement aims to promote the dec...
Heidmar walks away from first vessel buy
Athens-based pool operator and shipmanager Heidmar has pulled the plug on its first-ever vessel acquisition after mutually terminating the deal a feeder contain...
Palau revamps shipping register
The government of the republic of Palau has reinstated Panos Kirnidis to head its ship registry, six weeks after taking the flag under state control after the U...
CMA CGM in joint venture for US, global container terminals
The CMA CGM Group will acquire 10 of its global ocean terminals, including two in the United States, through a joint venture with an American private equity inv...
CSP Iberian Valencia invests in hybrid RTGs
CSP Iberian Valencia Terminal has ordered six additional Konecranes hybrid rubber-tired gantry (RTG) cranes as part of its eco-efficiency and modernization prog...
Clean sweep for weekly rail freight improvement
It was a clean sweep for U.S. rail freight as all carload and intermodal shipments posted gains compared to a year ago.For the week ending Jan. 24, total U.S. r...