The new inbound and outbound intermodal ramp service, which connects Baltimore directly with 10 U.S. ramps and two in Mexico, will decrease overall transit times by two days, according to the trucking and intermodal logistics company.
Lawmakers call for Shipping Act reform
Members of the House Subcommittee on Coast Guard and Maritime Transportation say the law, which provides ocean carriers with limited antitrust immunity, is not up to date with the operational realities of today’s liner industry.
Incubator Dynamo unveils second batch of startups
The logistics technology accelerator program Dynamo’s latest installment includes visibility providers, warehouse drone developers, and a digital freight brokerage.
ClearMetal to help Panalpina with predictive booking insights
The global freight forwarder will use ClearMetal’s machine learning platform to make better use of its internal data in predicting customer booking cancellations and modifications.
FMC reviews 10 OTI license applications
The U.S. Federal Maritime Commission has received 10 ocean transportation intermediary license applications and changes for review.
Panalpina acquires majority stake in Danish forwarder
Basel, Switzerland-based freight forwarder and third-party logistics provider Panalpina says Carelog’s strong foothold in ocean freight and roots in the western part of Denmark complements it own expertise in airfreight.
Matson reports lower first quarter earnings
The Honolulu-based container carrier attributed the more than 60 percent decline in net income to the timing of fuel surcharge collections, lower volumes in its Hawaii and Alaska trades, and the deployment of an additional ship in Hawaii.
FTR: Class 8 orders maintain steady growth in April
Net orders for North American Class 8 trucks totaled 23,600 units in April 2017, up 4 percent from the previous month and 77 percent from the previous year, according to freight transportation analyst FTR.
IATA: Airfreight volumes shoot up 14% in March
Asia Pacific airlines saw volumes surge 13.6 percent in March, while shipments carried by European airlines jumped 18.2 percent, and North American airfreight volumes grew 9.5 percent, according to figures from the International Air Transport Association.
AAR: U.S. rail traffic growth continues in April
Combined United States carload and intermodal cargo volumes increased 5.2 percent in April 2017, the sixth consecutive month of year-over-year growth, according to data from the Association of American Railroads (AAR).