The U.S. trade deficit surpassed analyst expectations in October, rising 17.8 percent month-over-month to $42.6 billion, as exports weakened amid higher imports.
Rail labor groups seek mediation in Class I contract talks
A coordinated bargaining group comprised of six rail unions representing more than 58 percent of the workforce has applied to the National Mediation Board for the assignment of a federal mediator to assist with current negotiations with railway employers.
Drewry: Ship operating costs likely to rise in 2017 and beyond
The London-based shipping research and consulting firm said expenses have been cut to the bone in the past two years, so increases would not be unexpected.
Port of Savannah receives four new super post-Panamax cranes
The South Atlantic Port is now equipped with 20 new Panamax cranes and six post-Panamax cranes.
CMA CGM eliminates U.S. Lines brand
Marseilles, France-based ocean carrier CMA CGM said that since Oct. 17, U.S. Lines’ services have been rebranded as ANL on the Oceania trades and APL on the transpacific trades.
Report hails FAST Act on its first anniversary
A report issued today by the AASHTO and the AAPA said the FAST Act has brought ports and cargo fully into the surface transportation network and has given the nation a dedicated federal freight program for the first time ever.
Dachser launches new LCL service
Dachser USA Air & Sea Logistics launched a less-than-container-load service to Shanghai.
Congress negotiates compromise on waterways bill
The House and Senate have advanced legislation that includes the Water Resources Development Act, which authorizes the U.S. Army Corps of Engineers to dredge ports and maintain locks on inland waterways essential to commerce.
NAFTA trade totals $91.1b in September
The U.S. Department of Transportation’s Bureau of Transportation Statistics said that in September, 64.7 percent of freight between the United States and its partners in the North American Free Trade Agreement was transported by truck.
Hamburg Süd employees seek job protection
The German ocean carrier’s employees demonstrated Friday in Hamburg, seeking job protection in the wake of the announcement that the company will be acquired by Maersk Line.