The Shanghai Containerized Freight Index and the Ningbo Containerized Freight Index, which measure spot pricing on various east-west trade lanes, both dropped again since last week.
U.S. DOT projects freight to grow 40% by 2045
The increase in freight tonnage over the next 30 years will require adding capacity to marine, highway, rail, air and pipeline modes, according to the United States Department of Transportation.
FMCSA proposes national training standards for new truck drivers
Federal Motor Carrier Safety Administration has proposed a set of national prerequisite training standards for entry-level commercial truck operators seeking to obtain a commercial driver’s license (CDL).
AfA: Airlines selected for Cuba flights should offer cargo service
The Air Forwarders Association wants the U.S. Department of Transportation to make cargo operations one of the criteria used when deciding which airlines will be granted flying rights to Cuba.
U.S. plans antidumping duties on cold-rolled steel
The U.S. Commerce Department this week preliminarily set antidumping duties on imports of certain cold-rolled steel flat products from Brazil, China, India, Japan, South Korea, Russia, and the United Kingdom.
Carlton retiring as CEO of the NIT League
Jennifer Hedrick will replace Bruce Carlton as executive director and MCI USA will provide association management services to National Industrial Transportation League.
CMA CGM joins Asia-Americas loop
The French ocean carrier will become a slot purchaser on the jointly operated APL, MOL, NYK and Hanjin ASA service between Asia, Mexico, Colombia and Panama this week.
World Shipping, Inc. expands operations into Canada
The independent shipping agency opened a fully staffed agency office in Hamilton, Ontario on Tuesday to provide vessel owners and operators service at Canadian ports.
AAR: U.S. freight rail traffic sees slight bump in February
Carload volumes dropped 10.1 percent in February, but intermodal shipments grew 12.9 percent compared with February 2015, according to data from the Association of American Railroads.
FedEx Freight joins opposition to CP-NS deal
The less-than-truckload division of FedEx Corp. said in a letter to the U.S. Surface Transportation Board a merger between Canadian Pacific Railway and Norfolk Southern Corp. would “lead to diminished service as well as higher shipping costs.”