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Transportation and warehousing segment added 13,000 new jobs in May, according to the latest figures from the U.S. Department of Labor’s Bureau of Labor Statistics.
U.S. District Court Judge Analisa Torres ruled the New York Container Terminal had no "reasonable or practical way" to protect over 2,200 containers damaged in the storm.
Subsidiary of Hutchison Ports developed a web-based tool to help trucks find containers headed back to the port after discharging import loads.
Australian logistics and stevedoring firm Asciano, parent of Patrick Stevedoring, has confirmed it received a puirchase offer of $6.8 billion from Brookfield.
While many airfreight carriers around the globe saw a slowdown in growth, Middle Eastern cargo lines reported a drastic increase in airfreight volumes.
The railroad transportation equipment manufacturer reported a 15 percent drop in net earnings in its fiscal third quarter compared to its fiscal second quarter, despite record quarterly revenues.