Rail freight volumes in the United States dropped 2.5 percent year-over-year to 28 million carloads and containers in 2015, according to data from the Association of American Railroads.
Spot container rates fall another 8.8%
Rates from Shanghai to Northwest Europe, the Mediterranean and the United States have all declined for the past two consecutive weeks.
Long Beach eclipses L.A. in box volumes for 2015
Container volumes at the Port of Long Beach grew last year, while the Port of Los Angeles experienced a drop in throughput compared to 2014.
UTi shareholders agree to DSV merger
The third-party logistics provider’s shareholders voted overwhelmingly yesterday to adopt the previously announced merger agreement by Danish supply chain specialist DSV.
Indiana to study development of fourth port
Governor Mike Pence is pushing for a new port in southeastern Indiana to grow the economy and provide another transportation option for shippers.
Turkish ship management firm pleads guilty of pollution crime
Ciner Gemi Acente Isletni Sanayi Ve Ticaret S.A., a ship management company in Turkey, pleaded guilty and was sentenced in federal court in Baltimore for violating the Act to Prevent Pollution from Ships.
Hapag-Lloyd, Arkas Line launch new Med-Black Sea service
The liner carriers will commence a weekly loop between Egypt, Israel, Turkey and Black Sea ports next month.
Port of Zeebrugge posts 9.9% volume decline in 2015
The Belgian port reported a surge in vehicles throughput in 2015, but container volumes fell dramatically compared to the previous year.
Dublin Port experiences 6.4% tonnage increase
The Irish port handled 32.8 million gross tons of cargo in 2015, a 6.4 percent increase from 2014.
Intermodal rates drop for 12th straight month
Rates fell another 3.8 percent in December compared to last year, the 12th consecutive month prices have decreased, according to the latest Cass Intermodal Price Index.