Japanese carrier expects $600 million loss in fiscal year ending March 31, 2019, as liftings disappoint, especially on backhaul legs.
C.H. Robinson’s net income jumps by over 46 percent
The Eden Prairie, Minn.-based third-party logistics provider reports growth across all transportation service lines.
ITC weighs testimony in aluminum AD/CVD case
Domestic injury by imports of common alloy aluminum sheet from China considered in the first antidumping/countervailing duty case self-initiated by Commerce in 25 years.
Matson starts U.S.-flag service to Marshall Islands
Transshipping through Honolulu rather than Guam will reduce transit time from U.S. mainland by about a week.
CMA CGM finalizes purchase of Containerships
The European Commission authorized the acquisition of the Finnish container transportation and logistics company.
WiseTech Global acquires third company this month
Stockholm-headquartered CargoIT added to growing worldwide portfolio.
G&W’s year-over-year earnings up 35.5 percent
Fourth-quarter results are expected to be negatively impacted by a hurricane in the U.S., coal shipment delays in Australia and a locomotive driver shortage in the U.K.
JAXPORT sets volume record for third straight year
The Florida port moved nearly 1.3 TEUs in FY18; Puerto Rican business grew 37 percent.
ILWU certifies election of Adams as president
There were nine challenges to the results in the first contested election in 18 years.
Commercial driver’s license fraud nets prison time
California man is sentenced to two years behind bars after pleading guilty to conspiracy to commit bribery.