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NY, NJ lawmakers call for increased federal infrastructure investment

U.S. Sens. Cory Booker and Robert Menendez of New Jersey and Charles Schumer and Kirsten Gillibrand of New York wrote a letter urging new Transportation Secretary Elaine Chao to visit aging transportation infrastructure throughout their states.

Shipping NewsPosted on: April 26, 2017

Port of NY/NJ box volumes slip 1.7% in March

Through the first three months of 2017, however, the largest port on the U.S. East Coast has seen container throughput tick up 2.4 percent, surpassing the previous first-quarter record set in 2016, according to recent figures from the port authority.

Shipping NewsPosted on: April 26, 2017

Executive Moves: Ward Transport and Greenbrier Cos.

Ward Transport and Logistics hires new chief operating officer, while the Greenbrier Cos. appoints executive vice president and chief financial officer.

Shipping NewsPosted on: April 26, 2017

Asian airlines see demand soar in March

The Association of Asia Pacific Airlines said the region’s carriers saw demand rise 12.7 percent year-over-year in March.

Shipping NewsPosted on: April 26, 2017

Norfolk Southern increases Q1 net income

The Class I railway’s net income rose 12 percent year-over-year in the first quarter of 2017 to $433 million, despite inflation and higher fuel costs.

Shipping NewsPosted on: April 26, 2017

Maersk to use Microsoft Azure platform

The Danish shipping company will use the cloud computing platform to develop digital products and services across all brands in its A.P. Moller – Maersk Transport & Logistics division.

Shipping NewsPosted on: April 26, 2017

Pennsylvania approves $40m in state funding for rail infrastructure

The Pennsylvania State Transportation Commission has given the green light for nine projects through the state’s Rail Transportation Assistance Program and another 25 through the Rail Freight Assistance Program, according to a statement from Gov. Tom Wolf.

Shipping NewsPosted on: April 26, 2017

Baltic Exchange plans to expand with container product

A Baltic Exchange spokesman said the exchange’s plan to expand its involvement in the container industry is “separate from and beyond” the weekly Ningbo Containerized Freight Index it rolled out in 2015.

Shipping NewsPosted on: April 26, 2017

C.H. Robinson increases net income, revenues in Q1

The Eden Prairie, Minn.-based third-party logistics provider’s total revenues for the quarter surged 11.1 percent year-over-year, fueled by volumes increases across all transportation services and higher fuel prices.

Shipping NewsPosted on: April 26, 2017

ITSTL acquires WDS rail terminal assets

ITS Technologies & Logistics will assume operation of five Norfolk Southern terminals previously operated by Cleveland, Ohio-based intermodal services provider World Distribution Services, ITSTL said in a statement.

Shipping NewsPosted on: April 26, 2017

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  • Federal Maritime Commision – Covid-19 Supply Chain Investigation Shifts Focus to NY/NJ in Phase Two
  • ONE reports $192 million loss in second quarter
  • C.H. Robinson’s net income jumps by over 46 percent
  • ITC weighs testimony in aluminum AD/CVD case
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Fashion Accessories Shippers Association

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212-947-3424