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Great Lakes limestone trade falls 3.5% in October

Shipments of limestone on the Great Lakes totaled 3.3 million tons in October, down 3.5 percent from a year prior, according to the Lake Carriers’ Association.

Shipping NewsPosted on: November 4, 2016

Cathay kicks off Portland freighter stop

Cathay Pacific Airways started a twice-weekly scheduled freighter service today to Oregon’s Portland International Airport.

Shipping NewsPosted on: November 4, 2016

IATA: Airfreight volumes soar in September

Airfreight volumes rose 6.1 percent in September from a year prior, coinciding with a rise in new export orders, and also possibly due to one-off factors such as Hanjin’s insolvency and the rushed replacement of Galaxy Note 7 devices.

Shipping NewsPosted on: November 3, 2016

Cloud Logistics enters partnership with Inolog

The transportation management system provider entered into a partnership with Inolog to begin serving the United Kingdom, Ireland and other regions in Europe.

Shipping NewsPosted on: November 3, 2016

Eimskip acquires Norwegian shipping company

The Icelandic ocean carrier has entered into an agreement to purchase asset-light transportation and logistics provider Nor Lines in an effort to broaden its value added service offerings, the company said in a statement.

Shipping NewsPosted on: November 3, 2016

Diana confirms scrapping of youngest containership ever

Athens, Greece-based containership lessor Diana Containerships has sold the 2006-built M/V Angeles, formerly on charter to Taiwanese ocean carrier Yang Ming, to an unnamed demolition yard for $6.69 million before commissions, the company has confirmed.

Shipping NewsPosted on: November 3, 2016

XPO turns second straight quarterly profit despite ‘mixed’ environment

The Greenwich, Conn.-based third-party logistics provider reported a net income of $13.8 million in the third quarter of 2016 compared with a $93.1 million loss in the same 2015 period, according to the company’s most recent financial statements.

Shipping NewsPosted on: November 3, 2016

OCEAN Alliance reveals details on planned services

COSCO, CMA CGM, Evergreen Line and Orient Overseas Container Line plan to deploy 350 containerships on 41 strings starting next April.

Shipping NewsPosted on: November 3, 2016

Roadrunner’s net income, revenues rise in Q3

Revenues for the third quarter of 2016 rose 7 percent year-over-year, which Roadrunner CEO Mark DiBlasi said was largely related to the company’s ground expedite business.

Shipping NewsPosted on: November 3, 2016

Appellate court upholds federal ELD mandate

The U.S. Court of Appeals for the Seventh Circuit in Chicago has ruled in favor of the Federal Motor Carrier Safety Administration’s proposed regulation that would require the use of electronic logging devices on all commercial trucks.

Shipping NewsPosted on: November 3, 2016

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Fashion Accessories Shippers Association

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