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CMA CGM reports lower profit in Q3

The third largest container carrier said that it has outperformed a market plagued by overcapacity and lower rates.

Shipping NewsPosted on: November 20, 2015

FTR: Trailer orders decline in October

U.S. truck trailer net orders totaled 32,200 units in October, a 7 percent decrease from September and a 30 percent decline from the same period in 2014.

Shipping NewsPosted on: November 20, 2015

ABC starts Atlanta service

AirBridgeCargo Airlines, a subsidiary of Volga-Dnepr Group, has added Atlanta to its North American route network with the start of twice-weekly flights.

Shipping NewsPosted on: November 20, 2015

Spot container rates sink 28% to Northwest Europe

In addition to the overall SCFI reading, rates from Shanghai to Northwest Europe, the Mediterranean and the United States have all fallen for the past three consecutive weeks.

Shipping NewsPosted on: November 20, 2015

Amsterdam’s Schiphol airport posts Q3 cargo throughput

The airport handled 409,034 tons of cargo in the third quarter of 2015, a 0.08 percent year-over-year decline.

Shipping NewsPosted on: November 20, 2015

U.S. steel exports fall in September

The United States exported 811,584 net tons of steel in September and 7.75 million net tons of steel during the first nine months of 2015, down 21.5 percent and 15.3 percent year-over-year, respectively.

Shipping NewsPosted on: November 20, 2015

CEVA opens new HQ for South America

The Netherlands-based third-party logistics provider opened a new headquarters for South America and a Center of Logistics Excellence in Sao Paulo, Brazil.

Shipping NewsPosted on: November 20, 2015

Stifel logistics index hits 3-year low

The index, which measures confidence in European ocean freight and air freight lanes, has declined for six consecutive months, with the Europe-to-U.S. lane the only glimmer of hope.

Shipping NewsPosted on: November 20, 2015

Tulsa Port of Catoosa’s volumes skyrocket in October

The Oklahoman inland river port saw water-borne cargo throughput rise 82 percent month-over-month in October to 170,751 tons.

Shipping NewsPosted on: November 20, 2015

Virginia aims for $670 million in new port investment

The Virginia Port Authority plans to extend VIG terminal lease by several decades and the governor wants to use bonding authority to borrow $350 million for other port improvements.

Shipping NewsPosted on: November 20, 2015

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