Port of Savannah exports up, total cargo volume down
The Georgia Ports Authority said a 16% drop in imports year over year “was fueled in part by reduced orders in retail and manufacturing.”
APM Terminals Mobile announces $60M rail expansion plan
APM Terminals Mobile has begun a $60 million rail expansion project at the Port of Mobile, Alabama.
International Maritime Hall of Fame inductees announced
The recognition by the Maritime Association of the Port of New York and New Jersey “is reserved for those who have made a lasting difference in our industry and helped advance all aspects of the global transportation industry.”
More American Shipper Headlines
Marine data sector is shrinking through acquisitions
Finnair modifies A350 weight threshold to carry more cargo around Russia
HMM reports strong 2022 despite Q4 profit plunge
Zim to expand e-commerce service at Port of Baltimore
Maersk: Container shipping contract rates will sink to spot levels
Ocean carrier Maersk sees a rough second half of the year, when remaining support from contract rates “will disappear.”
Flexport offers simplified ocean logistics for Shopify merchants
Flexport and Shopify are partnering on a new app designed to reduce the complexity of managing ocean shipments for small businesses.
Aloha Air Cargo asks DOT to remove regulatory handcuffs on expansion
Aloha Air Cargo is seeking to change an unusual federal limit on its fleet size so it can deliver more mail between the Hawaiian Islands.
Rockford airport prepares next cargo expansion as Menzies moves in
Chicago Rockford is moving into the major leagues of cargo airports with big expansion plans and the arrival of a global ground handling agent.
Intermodal truckers secure win against ocean carriers
A maritime law judge has ruled that ocean carriers violate the Shipping Act when they limit container chassis choices for intermodal truckers.
Amazon, DHL reduce US cargo flights as parcel volumes soften
Air Transport Services Group will see its Amazon business dip this year as the retailer decreases freighter utilization to match slower retail sales.
As US-China relations worsen, expect supply chain chaos
Trans-Pacific trade is the foundation of American retail and industry. But souring U.S.-China relations threaten that.
Flexport juices trade finance program with $200M credit line from KKR
FreightWaves SONAR data revealed global recession months before FedEx’s earnings
Flexport taps Amazon pipeline again for operations leader
FreightWaves Classics/ Infrastructure: Blue Water Bridge is a key US-Canada crossing
Rush-hour truck speeds slow to 36.3 mph at major bottlenecks
The latest freight congestion data builds a case for better targeting of billions of dollars in new government infrastructure money.
Airport investment firm taps former Southwest exec for cargo push
Transportation industry representatives attack infrastructure law rollout
DOT announces $1.2B for 9 ‘megaproject’ winners
Daimler built excess electric truck capacity in ‘22
Tanker shipping consolidation saga watched ‘like it’s Netflix’
The tanker industry has a storied history of corporate showdowns. The latest, a three-way tussle involving Euronav, looks far from over.
Tough road ahead seen for C.H. Robinson after 4th-quarter disappointment
GoFreight raises $23M to automate freight forwarding workflows and expand its workforce
Post-Biesterfeld analyst call at C.H. Robinson: Tough quarter, more layoffs
Good times still rollin’ for shipping lines in trans-Atlantic trade
Shippers’ revenge is coming for truckload carriers
FreightWaves founder and CEO Craig Fuller provides insight into the state of trucking contract rates.
FreightWaves Classics: Shipping line brought fresh fruit to the Northeast in the late 1800s
2021 Shipper of Choice profile: The Home Depot
FreightWaves launches SONAR SCI Lane Acuity
Commentary: How are freight professionals adjusting to COVID-19?
Amazon flight pullback caps Sun Country Airlines’ cargo growth
At FedEx, nightmare of September seems very far away
UPS begins phaseout of older MD-11 cargo jets
Hawaiian Airlines faces higher costs for training Amazon pilots
Diesel down more than 9 cents as slide in retail levels continues
Retail diesel prices are coming down, but their spread against futures and wholesale rates remains wide in comparison to past levels.
DOE/EIA price falls as diesel market heads into Russian export restrictions
Benchmark diesel price up, but futures markets take big downturn
The Light Load: 1 pork platter, hold the Louisiana Light Sweet
DOE/EIA price drops; diesel futures up ahead of EU ban on Russian imports
Trade groups applaud House bill that encourages rail car scrapping
Trade groups are supporting the reintroduction of a U.S. House bill to spur the industry to produce new rail cars or modernize existing ones through a tax credit.
Wall Street says Norfolk Southern profits won’t suffer from derailment
One analyst expects Norfolk Southern will pay up to $50 million following its Ohio derailment — about 1.7% of its 2022 profits.
CSX reaches sick leave agreements with more union groups
Two groups within the International Association of Machinists and Brotherhood of Railway Carmen have reached sick leave agreements with eastern U.S. railroad CSX.
Ohio train derailment released more toxic chemicals than first reported
Norfolk Southern told the EPA other chemicals besides vinyl chloride were released into the local environment in the Ohio train derailment.
Report: Rail supply industry contributed $75B to US economy in 2020
A report commissioned by railway supply manufacturers suggests that direct and indirect contributions by the industry to U.S. GDP exceeded $75 billion in 2020.
Unions representing machinists, utility workers have new sick leave policies at CSX
The International Association of Machinists and the National Conference of Firemen and Oilers have reached sick leave agreements with eastern U.S railroad CSX.
Rail unions seek greater federal oversight to make operations safer
Union members are putting a spotlight on the derailment of a Norfolk Southern train in Ohio, with the Transportation Trades Department calling for greater safety oversight from the Federal Railroad Administration.
Wabtec VP: US needs to invest in hydrogen rail technologies
FreightWaves chatted with Wabtec’s Philip Moslener, who leads Wabtec’s advanced technologies team, about why companies should conduct research in hydrogen in locomotives.
Delays persist on Norfolk Southern’s northern network
Lanes between the Midwest and the Northeast could experience delays as a result of a fiery train derailment in Ohio last Friday.