AMX Cargo Signs ECS for Central and South America Services
European Cargo Services (ECS) has won a Europe-wide GSA contract from AMX Cargo, significantly developing its coverage of the Central and South America markets...
FedEx Reports Progress to Reduce Emissions
FedEx Corp. announced plans to reduce carbon dioxide emissions from its FedEx Express aircraft fleet by 20% by 2020. It says it will also improve fuel efficiency of its FedEx Express vehicle fleet by 20%...
Toys for Tots Literacy Program Is Year Round
The well-known Toys for Tots program has another element that runs year round to promote literacy. UPS Stores and Mail Boxes Etc. team with Toys for Tots Literacy Program...
Global Theft Costs $104 Billion Annually
The level of global retail theft reached $104.5 billion in the past year, leading to increased costs for both retailers and consumers alike...
FMCSA Touts Mexican Cross-Border Safety
An independent report says sufficient safety measures are in place, however, since only 25 Mexican-domiciled carriers participated, a larger group is needed to accurately assess safety performance...
US Domestic Intermodal Climbs
Domestic intermodal had its best performance since the second quarter of 2004, according to the Intermodal Association of North America (IANA)...
Air Cargo Traffic to Grow — Long Term
Despite current economic conditions, in its updated industry forecast, Boeing Co. sees the world’s air cargo growth expanding at a 5.8% rate annually to 2027, with the Asian market to lead all global traffic routes...
China to Invest Multiple Billions in Infrastructure Improvements
In response to the global economic slowdown beginning to challenge the country, China’s State Council—its Cabinet—will spend (US) $570 Billion over the next two years to finance programs in 10 major areas, most of which deal with infrastructure...
DHL Reduces North American Presence
Domestic US express will cease, but other DHL operations continue in North America...
Federal Maritime Commission to Seek Ports Injunction
The Federal Maritime Commission is seeking an injunction against the Ports of Los Angeles and Long Beach saying portions of the Clean Truck Programs could reduce competition and produce an unreasonable increase in transport costs...
The Panama Canal Had a So-So Fiscal Year
As it closed its 2008 fiscal year, the Canal reported a slight decline in overall transits and tonnage, though there was growth in tanker and passenger business...
Canadian National Makes Acquisitions
Canadian National Railway has acquired three rail subsidiaries and a rail-freight ferry operation from Quebec Railway Corp. (QRC)...
Con-way Restructure Promises Improvements
In announcing a major re-engineering of its operating network, Con-way Freight suggests it will reduce service exceptions, improve on-time delivery and provide faster transit times in many lanes...
Rail Freight’s Down, Equipment Orders to Fall
The continually deteriorating economy is taking a toll on the rail freight industry that is finding reflection in the forecast of orders for railcars in 2009...
Northwest and Delta Join At Last
At the conclusion of a six-month US Department of Justice (DoJ) investigation, approval of the merger of the two airlines was allowed...
US DOT Announces “Marine Highway” Program
The Maritime Administration announced publication of an interim final rule for the development of a Marine Highways Program aimed at mitigating landside congestion and protecting the environment...
Carrier Financial Viability An Issue
Rail volumes will slow, but rates could rise. Motor carrier capacity is abundant. And shippers are bearish about the economy, concludes the semi-annual Freight Pulse Survey by Morgan Stanley...
LTL Sector Continues To Suffer
Public carrier tonnage (which represents ~64% of industry tonnage) declined 1.9% year-on-year in the third quarter, and the less than truckload (LTL) freight market has deteriorated significantly since mid-summer...
Evergreen To Suspend East Coast Services
Based on the worldwide economic downturn and the need to focus resources in other trades, Evergreen Line has announced its withdrawal from the TANGO service linking ports on the East Coasts of North and South America, according to the company...
Danzas Opens Emirates Facility
Danzas AEI Emirates opened its $50 million multi-purpose logistics facility in Dubai's Jebel Ali Free Zone...
Zollars On The Defensive; YRCW Cuts Jobs
In a statement intended to clarify the current status at YRC Worldwide, Bill Zollars, chairman, president and CEO, said, in part, “We’ve put a number of measures in place over the past year to strengthen our balance sheet...
Deutsche Post Reports Lower Profits
Deutsche Post World Net (DPWN) announced operating profits fell in the third quarter due to declining express business and slower growth in other divisions...
DHL and Polar Air Partner on TransPacific Trade
The global express and logistics provider will use Polar Air Cargo’s flights from the US to Asian destinations to upgrade its Time Definite product...
TNT Revenue Up; Income Down
Mode shifting appears to be a factor in TNT results. Air volumes were down 10% in September but road transport showed slight growth...
Boeing Strike Over—What Comes Next?
After a 52-day strike, the International Association of Machinists and Aerospace Workers (IAM) and Boeing reached agreement on a new contract that will run for four years instead of an expected three years...
Universal Truckload 3Q Revenues Up 24%
Universal Truckload Service reported $213 million in third-quarter revenues, and increase of 24% over the prior-year period...
UPS Profits Are Down, 2009 Rates to Climb
While overall revenue for the delivery giant was up 7.4% for its third quarter, total operating profit was down 7.0%....
Surface Transportation Board Rejects Rail Cost Method
The US Dept. of Transportation's Surface Transportation Board (STB) said it would deny a proposed rulemaking petition from the Assocation of American Railroads (AAR) to shift to a replacement cost methodology for calculating returns on capital...
FedEx Honors Schneider National
FedEx Ground named Schneider National its Carrier of the Year...
NITL Says Judge Was Wrong
The lower court erred in its interpretation of the safety exception of federal law when it permitted the Ports of Los Angeles and Long Beach to regulate drayage trucking, said the National Industrial Transportation League...
Hong Kong Will Emerge From Crisis Stronger
In his annual Policy Address, Hong Kong Chief Executive, Donald Tsang told the Legislative Council the Hong Kong people’s resilience will help the city emerge stronger from the current global 'financial tsunami.' ...
Port Of Dunkirk Traffic Strong
September 2008 traffic at the French Port of Dunkirk continued the strong showing of August, up 9%, according to the port...
Landstar And JB Hunt Numbers Rise
A focus on top-line growth and deeper account penetration helped Landstart System achieve third-quarter revenue gains of 15.4% to $733 million when comparied with the prior-year period...
TNT Issues Trading Statement
TNT reports its European express business significantly worsened in September and, based on the volume patterns in the first two weeks of October, TNT expects this pressure to continue in the fourth quarter...
Perishable Cargoes To Grow
World trade in perishable refrigerated (reefer) cargo is forecast to grow to 215 million tonnes by 2015. Nearly half that volume (109 million tonnes) will be seaborne...
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