FASA

Transportation and logistics companies cut 9,000 positions last month, following two consecutive months of hiring gains, according to recent preliminary data from the U.S. Department of Labor.

The Japanese ocean carrier estimates it will report extraordinary losses totaling 195 billion Japanese yen (U.S. $1.89 billion) in fiscal 2016 due to continued weakness in container and dry bulk freight rates, according to a statement from the company.

The Rhode Island Department of Transportation said it will implement bridge tolls throughout the state for tractor trailer operators, a plan that has been met with protests from trucking associations, following federal approval.

Members of the International Civil Aviation Organization have agreed to measures aimed at enabling the aviation industry to reach carbon neutral growth from 2020.

The U.S. Justice Department said Thursday that three men were arrested on charges of illegally exporting military technology to Russia.

The Canadian port launched a new Trucking PORTal web-based application to reduce greenhouse gas emissions by optimizing truck routes to and from the port’s container terminals.

Hyundai Merchant Marine joined an Asia-Indian Subcontinent dedicated service, while Yang Ming is scheduled to join a loop dedicated to the same trades.

The current cycle of larger than normal inventories, coupled with weakness in the manufacturing sector, has contributed to soft trucking volumes in 2016, according to American Trucking Associations Chief Economist Bob Costello.

Indiana Michigan Power has agreed to sell its recently retired Tanner’s Creek coal plant in Lawrenceville, Ind. to a brownfield redevelopment company that is working with the Ports of Indiana to evaluate the site for use as the state’s fourth port.

The Bonn, Germany-based parcel carrier and third-party logistics provider has sold 100 percent of its stake in optivo GmbH to cloud-based digital content, commerce and marketing management platform firm Episerver AB.