FASA

A significantly lower average freight rate drove Hapag-Lloyd’s revenues down 12.5 percent year-over-year in 2016 to 7.7 billion euros.

Under the newly expanded contract, Worldwide Flight Services will handle up to seven direct flights a week connecting Chicago O’Hare International Airport with Taipei and an estimated 56 million kilos in cargo annually, according to a statement from WFS.

The primary federal funding mechanism for transportation infrastructure projects will run out of money once the FAST Act expires in 2020, according to Bud Wright, executive director of the American Association of State Highway and Transportation Offici…

The World Shipping Council has warned of unintended consequences that would be detrimental to shippers if a rule was adopted that would limit situations in which detention and demurrage may be collected.

XPO Logistics CEO Brad Jacobs commented on the contentious relationship between the union and his company after Teamster-affiliated protesters burst into one of the morning sessions at JOC’s TPM Conference in Long Beach, Calif.

The deal will give Hyundai Merchant Marine access to the intra-Asia networks of Heung-A and Sinokor.

The Commerce Department issued a report listing best practices ports should consider adopting to optimize efficiency and improve competitiveness in the face of capacity constraints associated with larger cargo ships and ocean carrier consolidation.

The Mexican terminal received its first official port call yesterday from the 9,600-TEU Maersk Salalah.

Texas port firefighters are still investigating the cause of a fire that occured at the Texas port, which melted a conveyor belt that was moving wood pellets onto a cargo ship