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Bullish Moving Average Cross by Con-way
Con-way (NYSE:CNW) shares have crossed bullishly above their 10-day moving average of $33.79 on a volume of 291K ... The Company has businesses in less-than-truckload and full truckload freight services, expedite, brokerage, airfreight forwarding ...  
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FedEx Trade Networks continues expansion with 3 new offices
FedEx Trade Networks announced today the opening of three new U.S. offices — in Phoenix, St. Louis and Milwaukee — to complement its ever-expanding footprint of global freight forwarding operations. The stateside locations for the air and ocean freight forwarding and customs brokerage subsidiary of FedEx Corp. (NYSE: FDX) will provide support to meet the needs of its worldwide clientele. “By increasing our U.S. office network, we can...  
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Spartamatrix - Railway freight forwarding
Regulations for the transportation of dangerous goods can be a minefield. However, handling such consignments is a daily occurrence. As a result we have a team of specialists, which is highly trained in all aspects of handling and transporting dangerous ...  
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European Union fines UPS, 12 others $225 million
United Parcel Service Inc. was among 13 logistics companies fined a total of $225 million Wednesday by European Union antitrust regulators for allegedly being part of a group of cartels that colluded to fix air freight forwarding prices, Business First reports. UPS’s share of the total fine was about $13 million, according to a news release from the European Commission. The commission said the group fixed air freight forwarding prices...  
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EU fines UPS $13 million for role in logistics cartel
United Parcel Service Inc. was among 13 logistics companies fined a total of $225 million Wednesday by European Union antitrust regulators for allegedly being part of a group of cartels that colluded to fix air freight forwarding prices. UPS's share of the total fine was about $13 million, according to a news release from the European Commission. The commission said the group fixed air freight forwarding prices between 2002 and 2007. UPS...  
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European Union to fine UPS for role in logistics cartel
United Parcel Service Inc. will be among 13 logistics companies fined Wednesday by European Union antitrust regulators who allege the companies were part of a cartel that colluded to fix air freight forwarding prices. A Reuters report Tuesday cited two unnamed people familiar with the settlement and also said it read a European Commission document confirming the fines. Reuters said Deutsche Post's DHL Global Forwarding was part of the cartel...  
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Trucking Industry * Usa
* Indiana - FTR Shippers Conditions Index steadies in March Nashville,IND,USA -Truck News (Canada), by Lou Smyrlis-14 May 2012:  --  FTR Associates’ Shippers Conditions Index (SCI) for US shippers in March did not show much change from the previous month... The index currently stands at -5.3, representing a moderately unfavorable condition that is expected to persist until the onset of the busy fall shipping season. At that point, capacity...  
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The Proposed Debarment of Certain International Freight Forwarders and the...
On February 16, 2012, several major international freight forwarding companies were added to the U.S. Government's Excluded Party List System (EPLS) when the U.S. Air Force proposed these companies for mandatory debarment after they pleaded guilty to violating the Sherman Antitrust Act for their... This is a summary of the article. Click on the above link or visit www.tradelawnews.com to read the entire article.  
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DHL transfers sea freight containers from road to rail
Précis:  DHL Global Forwarding/Freight, the air and sea freight forwarding arm of Deutsche Post DHL, is going to increase its use of rail transport for the transportation of containers to the loading terminals of selected shipping companies.   From now on, DHL will be using the rail network for consolidated freight containers which have to be transported from its transhipment...  
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Agenda Announced for June 4-5 JOC Container Shipping Conference Shanghai
NEWARK, N.J., April 27, 2012 /PRNewswire/ -- Drewry Shipping Consultants estimate that container shipping lines collectively lost $5.2 billion in 2011. To thrive in 2012, the industry will have to tackle declining rates and a potentially chaotic round of mergers and acquisitions....  
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XPO Logistics Inc Earnings Conference Call
The Concert Group Logistics unit provides domestic and international freight forwarding services through a network of independently owned stations. Its domestic freight forwarding services include air charter, expedites, and time sensitive services ...  
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Freight Forwarders, H.W. St. John & Company, hire Long Island Search Engine...
Customs Brokers, H.W. St. John & Company have been in business for over 100 years. They are clearly well know in the freight forwarding industry. With such services such as ocean forwarding, air forwarding, H.W. St. John & Company has really made a name ...  
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Freight Forwarder Advances Improved Logistics Support at London's Heathrow...
UK – Specialised logistics movements require bespoke solutions and Kuehne + Nagel say their new airside service at Heathrow airport is tailored to enhance its critical spare parts logistics offering to the aerospace industry. Now the freight forwarder is ...  
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Acquisition expands Livingston’s US forwarding and customs brokerage...
Livingston International offers consulting and global trade management services as well as international freight forwarding across North America and around the globe. With its US air/sea hub located in Chicago and regional centres in Los Angeles ...  
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EU Commission imposes €169 million fine on freight forwarders ...
... in the period 2002-2007 in four distinct cartels aimed at fixing prices and other trading conditions for international air freight forwarding services, in breach of EU antitrust rules. The freight forwarders colluded on surcharges and charging ...  
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Expeditors 1Q Net Down 16% As Airfreight Revenue Falls
Expeditors provides services like air- and ocean-freight forwarding, customs clearance and marine insurance. The company had recently warned that earnings would fall short of Street views, blaming a shaky global economy for lighter volumes ...  
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Freight Forwarding Group Settle On Their Future Logistics Partner
WORLDWIDE – Swiss freight forwarding and logistics group Panalpina has entered into a strategic partnership with Red Prairie, a US headquartered group with a thirty five year pedigree and which offers inventory, transportation and workforce solutions ...  
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Lynden International names Coluccio District Manager in Seattle
Lynden International names Coluccio District Manager in SeattleMarketWatch (press release)Lynden International is one of the Lynden family of companies whose combined capabilities include: worldwide air and ocean forwarding, international shipping, freight shipping and logistics, trade show shipping, truckload and less-than-truckload ...and more »  
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Logistic Dynamics, Inc. Posts Strong First Quarter Growth
The growth is directly attributed to the success of LDi's growing network of freight broker agents as well as the addition of new services including rail, partial truckloads, air, ocean and LTL in recent years. The company successfully launched 8 new ...  
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Freight Forwarder Lowers Road Haulage Emissions Shipping Containers by Rail...
EUROPE – Together with most freight and logistics providers DHL Global Forwarding, the air and sea freight specialist within Deutsche Post DHL Group and a leading provider of road haulage services, is keen to reduce its carbon footprint and, as is the ...  
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Amerijet Recognized for Superior Quality of Service
The freight forwarding company also offers services for air freight shipping, ocean freight shipping, and inland trucking (within the U.S. and Canada). For more information, visit www.amerijet.com. About Amerijet: Amerijet International, Inc. is a full ...  
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Canadian Pacific Railway strike halts freight shipments
“Our government is concerned that a work stoppage would have a negative effect on Canadian businesses and families, and the economy,” Ms. Raitt said in a statement hours before the strike began.  
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Manufacture in Mexico with The Offshore Group
Third party logistic companies and freight forwarders that are not in possession of such certification may only ship using passenger air carriers through companies with IAC approval from the TSA. International Logistic Solutions was able to ...  
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Charter Consortium Created to Benefit Air Freight Forwarders
WORLDWIDE - Three cargo charter brokers have joined forces to launch the Global Charter Alliance, which they claim is the world’s first consortium of independent brokers. Their aim is to continue providing highly-personalised service, particularly for ...  
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EU Fines 14 Freight Companies EUR169 Million Over Price Fixing Cartel
BRUSSELS (Dow Jones) The European Commission fined 14 air-freight-forwarding companies, including United Parcel Services Inc. (UPS), Switzerland-based Panalpina Welttransport (Holding) AG (PWTN.EB) and local rival Kuehne + Nagel International AG ...  
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Shipping containers: A bigger, better box
It's not simply a steel box. Globally, shipping containers carried some 1.5 billion tons of goods last year across the ocean, and some 17 million flow in and out of all ports annually. The container, like everything in the industry, is bigger ...  
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EU: Air France-KLM Cargo & Martinair Cargo make tracking shipments easier...
The App enables forwarders to review the status of shipments on Air France, KLM and Martinair Air Waybills. The tracking tool follows the Cargo2000 (C2K) industry standard milestones. The App is very user friendly and contains the same level of detailed ...  
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European Commission Fines Freight Forwarders
The European Commission has issued 169 million euros ($225 million) in fines against 14 companies, including three in the U.S., in connection with air freight price-fixing charges dating as far back as 2003. The Wednesday announcement listed the largest ...  
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DSV profits held back by Air & Sea freight decline
COPENHAGEN, April 27 (Reuters) - Danish freight forwarder DSV A/S reported a smaller-than-expected rise in core profits for the first quarter, held back by lower revenue in its Air & Sea division due to falling freight rates and volumes.  
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Forwarders weigh in on new Air Asia X Sydney A330 flights
The arrival of AirAsia X into Sydney further expands the carrier's reach across Australasia and opens new possibilities for freight forwarders between Australia and Malaysia. AirAsia X, now operates daily flights from Kuala Lumpur LCCT to Kingsford Smith ...  
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UBS forecasts a brighter Q2 for container shippers
The container shipping industry in Asia is expected to return to break-even point from the second quarter, after posting a heavy loss in the first quarter, a foreign brokerage house said in its latest report. However, it could be more difficult ...  
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Rails Coax Brokers, Shippers to Fill Trains Via Intermodal
Click here to subscribe today. SAN ANTONIO — Transportation brokers have an underused opportunity to move freight via intermodal shipping, but those rail shipments can require special attention, several industry experts said. Speaking on March 22 at the ...  
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Freight Transport by Sea in China: Emerging Markets in South East Asia will...
The Freight Transport by Sea industry in China is mainly engaged in shipping exported items to their destination countries and territories ... estimates IBISWorld. International freight shipping is reliant on high investment into fixed assets like ships ...  
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Truckless trucking company profits in unbalanced times
As oil prices rise, as they are doing now, demand for freight trains tends to go up while demand for truck transportation dips. To solve those imbalances, shippers turn to the low-profile Eden Prairie, Minn.-based company that owns no trucks ...  
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US: Dutch Man Convicted Over Sending Shipments to Iran
The U.S. attorney’s office said he used his position with a freight forwarding company to arrange shipment of the prohibited items. The shipments included parts for Boeing 747 and C-130 aircraft.  
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FedEx Trade opens offices in Phoenix, St. Louis and Milwaukee
FedEx Trade Networks is also upgrading and expanding existing facilities to handle increasing customer volumes. The new US offices offer a full suite of FedEx Trade Networks air and ocean freight forwarding and customs brokerage solutions ...  
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EU Fines Freight-Shipping Companies
European regulators fined 14 air-shipping companies a combined €169 million ($225 million) for price fixing, continuing its crackdown on the cargo sector in a move that analysts said could force changes in industry practice. The European ...  
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UPDATE 1-Maersk still sees 2012 loss in container shipping
COPENHAGEN, April 12 (Reuters) - Maersk Line, the world's biggest container shipping company, is expected to lose money again this year despite recent freight rate increases, the chairman of parent group A.P. Moller-Maersk said on Thursday.  
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Analysis: Shippers Make U.S. the Port of Call for Bankruptcy
US ship operators developed containerization and briefly dominated that trade. These days, the the US international shipping industry is largely moribund.  A recent article in Reuters identifies one area where the United States is still ...  
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