Cargo shipments on the St. Lawrence Seaway totaled 21 million metric tons between March 21 and Sept. 30, a 5.3 percent year-over-year decline, according to the Great Lakes Seaway Partnership.
ATA: Trucking volumes to grow 27% by 2027
Truckload volumes are expected grow 1.8 percent per year on average through 2027, with even stronger growth predicted in less-than-truckload, according to the latest U.S. Freight Transportation Forecast report from the American Trucking Associations.
Damietta Port to build second container terminal
The Port of Damietta Authority signed an agreement earlier this week with China Harbor Engineering Company Ltd. for the construction and development of an additional container terminal at the Egyptian port.
CSX’s Q3 net earnings, revenues drop amid lower volumes
However, the Class 1 railway’s earnings per share for the quarter surpassed analyst expectations, reaching $0.48 per share, but the result was still lower than the $0.52 per share for the third quarter of 2015.
Hanjin’s assets related to U.S. trades will be put up for sale
Assets related to the South Korean shipping company’s services to the United States will be put up for sale as soon as tomorrow, multiple press reports said Thursday.
Savannah River reopens to commercial traffic
The Georgia Ports Authority said the Port of Savannah will be extra busy moving containers in the next week as shippers seek to retrieve and deliver a backlog of cargo resulting from hurricane associated closures.
U.S. starts investigating steel concrete bar dumping
The Commerce Department has launched antidumping investigations on imports of steel concrete reinforcing bar from Japan, Taiwan and Turkey, and a countervailing duty investigation on these same imports from Turkey.
U.S., Canadian lumber dispute risks flare-up
The deadline for reaching a new softwood lumber trade agreement between the United States and Canada expired on Wednesday, risking the assessment of hefty U.S. duties on these imports from Canada.
UK, China lift restrictions on cargo flights
Under a new agreement, the United Kingdom and China will more than double the number of passenger flights permitted between the two nations and allow for unlimited all-cargo flights, according to a statement from the UK’s Department for Transport.
UPS expands early morning delivery to 28 countries
The Atlanta, Ga.-based parcel giant expanded its earliest morning package delivery service, which is now available in 56 countries.