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CSX to cut workforce by 6% in Q4 2015

The railway will also run longer trains in an attempt to control costs as weak volumes are expected to continue falling going into the fourth quarter.

Shipping NewsPosted on: October 15, 2015

Chinese imports continue free fall

Imports to the second largest economy in the world dropped 17.7 percent in September compared to the same month a year ago and have now fallen for 11 consecutive months.

Shipping NewsPosted on: October 15, 2015

Crowley sets tentative date for SeaFreight acquisition

The ocean carrier, which expects to purchase SeaFreight “on or about October 31,” asked the Federal Maritime Commission for an exemption to regulatory rules that would simplify the transfer of about 500 service contracts once the deal is completed.

Shipping NewsPosted on: October 15, 2015

Baltimore sets box cargo record in August

The mid-Atlantic port is on pace to blow past last year’s annual high for container volumes, according to the most recent data from the Maryland Port Administration.

Shipping NewsPosted on: October 15, 2015

SMC³ acquires trucking cost modeler TCG

SMC³, a less-than-truckload pricing and transit technology provider, will add truckload and LTL cost modeling provider Transportation Costing Group to its portfolio.

Shipping NewsPosted on: October 15, 2015

Port of Rotterdam posts 5.4% rise in throughput

The Port of Rotterdam posted a cargo throughput of 351.5 million tons for the first nine months of 2015, a year-over-year increase of 5.4 percent, driven primarily by the increase in the handling of crude oil and oil products.

Shipping NewsPosted on: October 15, 2015

J.B. Hunt reports higher third quarter profits

Total operating revenues dipped slightly at the trucking and logistics provider as fuel surcharge revenues fell and customer demand remained “tepid,” according to J.B. Hunt’s most recent financial statements.

Shipping NewsPosted on: October 15, 2015

St. Lawrence Seaway shipments drop 12% YTD

A total of 22 million metric tons of cargo have been shipped through the St. Lawrence Seaway between its opening April 2 and Sept. 30, a year-over-year drop of 12 percent.

Shipping NewsPosted on: October 15, 2015

Tulsa Port of Catoosa volumes fall in September

The port handled less cargo in September than in August, the result of the depletion of stocks for some agricultural commodities that are typically shipped through the port, lower demand from international markets, and less demand for steel and pipe.

Shipping NewsPosted on: October 15, 2015

Alliance Airport begins runway extension

Industrial real estate developer Hillwood Properties started a multi-year project to extend two runways and taxiway at the north end of the Fort Worth Alliance Airport in northeast Texas.

Shipping NewsPosted on: October 15, 2015

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Fashion Accessories Shippers Association

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