“Some other lines have chosen to respond to lower demand levels by lowering prices. Such a move risks resulting in a fully-fledged price war: a development that concerns us,” said Vincent […]
The approval, which came eight days after ILA members voted to ratify the contract, was made by representatives from 43 container carriers, terminal operators and port associations, who met in Newark, N.J., […]
The agreement was announced Thursday by New York/New Jersey port Local 1804-1’s president, Dennis A. Daggett, on the union’s Facebook page. He said “we are in the process of fine […]
The U.S. Federal Maritime Commission has received five ocean transportation intermediary license applications and changes for review. The FMC received a non-vessel-operating common carrier license application from F.M. Air, […]
The U.S. Federal Maritime Commission has received five ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received five license applications for review. The FMC received a non-vessel-operating common carrier license application from Iris International USA, Haworth, N.J. (Chang […]
The U.S. Federal Maritime Commission (FMC) has received five ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received five ocean transportation intermediary license applications and changes for review. The FMC received a non-vessel-operating common carrier license application from Blade Express, Hawthorn, Calif. […]
The U.S. Federal Maritime Commission has received five ocean transportation intermediary license applications and changes for review. The FMC received a non-vessel-operating common carrier license application from CFR Rinkens, […]
The U.S. Federal Maritime Commission has received five license applications and changes for review. The FMC received a non-vessel-operating common carrier/ocean freight forwarder license application from OTA America, Brea, […]
FMC reviews 5 OTI license applications
U.S. steel exports declined 3.8 percent in February 2013 compared to January, according to government data analyzed by the American Institute for International Steel (AIIS). “Weakness in NAFTA […]
U.S.-flag Great Lakes vessels carried 2.2 million tons of dry-bulk cargo in March, a decrease of 7 percent compared to 2012. However, the fleet’s March float was marginally […]
DB Schenker has acquired 100 percent of the shares of long-term partner Euro-Line Panamericana in Panama. The German logistics firm will operate the business under Schenker (Panama), S.A. […]
Lawmakers worry whether the Transportation Security Administration will be able to efficiently handle the renewal of large numbers of Transportation Worker Identification Credentials (TWIC) expiring this year.
The U.S. Supreme Court heard arguments Tuesday in the American Trucking Associations’ ongoing challenge to the Port of Los Angeles to impose a comprehensive licensing scheme on trucks hauling […]
Lawmakers yesterday blasted plans by the Obama administration to modify food aid programs to allow more local and regional purchasing of food, citing negative effects on both farmers and the U.S. […]
The agency said industry user fees would fund 94 percent of the proposed budget increase, including new fees to support the Food Safety Modernization Act (FSMA) and strengthen the FDA’s […]
“Efforts to increase eastbound freight rates by ocean carriers operating between Asia and West Coast North America (WCNA) remain ineffectual with new services planned rather than laying up unwanted vessel […]
APL is planning to take four of its U.S.-flag ships out service – the President Adams, President Jackson, President Polk and President Truman — citing reduced need for transport by […]
Non-vessel-operating common carrier Shipco Transport has started a joint venture with its long-time partner and agent MTM Freight in South Korea. Shipco Korea will take over all activities […]
The vote by employers followed approval of both the local contract in New York and master contract covering 14 container ports on the U.S. East and Gulf coasts by ILA […]
News reports said Tuesday’s negotiations between dockworkers and their employer would be the third round of talks mediated by the Hong Kong’s Labor Department in the past 20 days of […]
The Philadelphia-based logistics company BDP International has taken an equity position in Interflex, based in Cartagena, Colombia. The resulting joint venture will operate as BDP International Colombia under its […]
The Global Shippers’ Forum said it has begun a campaign to enhance safety in the maritime transport supply chain. “While the vast majority of shippers comply with the rules, […]
Bahri said it had a net profit in the three months ending March 31 of 144.5 million SAR-Saudi Arabian Riyal ($38.5 million), a decrease of 9.7 percent from the […]
Liner carrier Evergreen said it will join forces with COSCO and Zim to operate a new service between the Far East – South America Service (ESA). Evergreen said […]
The Canadian Shipowners Association are worried the new vessel general permit published by the U.S. Environmental Protection Agency could threaten the commercial viability of its members’ operations in the Great Lakes.
“With over 40 ships of at least 10,000 TEUs due for delivery in 2013, carriers will find it increasingly difficult to manage capacity without upsetting the fragile supply-demand balance,” the […]
Liner carriers Evergreen and CMA CGM are starting a new, weekly service connecting Southeast Asia, the Indian Subcontinent and Red Sea. Called the South Red Sea Service (SRS2) […]
News reports said talks between striking Hong Kong dockworkers and the contractors who employ them resumed on Thursday. The talks ended abruptly Wednesday after just three hours. The strike is […]
President Obama’s budget for fiscal year 2014 includes $4.8 billion in gross discretionary funding for the Army Corps of Engineers’ Civil Works program, offset in part by a proposal to cancel […]
“USA Maritime is severely disappointed that the Obama administration has moved forward with this misguided proposal to effectively eliminate the long-standing and successful Food for Peace program,” the group’s chairman […]
According to Hong Kong news reports, mediation talks between striking dockworkers and the contractors who employ them have “broken off without any immediate progress,” as the strike at HKIT continues […]
The Port of Hamburg said the COSCO Belgium, the first of eight, new 13,380-TEU ships that COSCO is putting into service will arrive at HHLA’s Container Terminal Tollerort on […]
An Austrian company will build a plant for making hot briquetted iron (HBI), a raw material used for making steel, in Corpus Christi, Texas. Port Corpus Christi Authority […]
Along with the master contract, local agreements at most ports along the Atlantic and Gulf coasts also were ratified by ILA members, including one with the NYSA. Negotiations are continuing […]
Port Corpus Christi commissioners on Tuesday approved a grant agreement with the U.S. Maritime Administration outlining the terms and conditions for the use of funds to start construction of the […]
Non-vessel-operating common carrier Shipco Transport has opened offices in Pakistan, with its head location in Karachi and branch facilities in Lahore, Faisalabad and Sialkot. The Pakistan operation will […]
Unions representing Hong Kong dockworkers will hold talks with two contractors and mediators from Hong Kong’s Labor Department on Wednesday, according to a report from Radio Television Hong Kong.
General cargo at the Port of New Orleans totaled 7.55 million tons in 2012, 8.6 percent more than in 2011. Volume was boosted by steel imports, which were […]
Rickmers Chennai Rickmers-Linie said it will add a another ship to its fleet. The 19,100- deadweight-ton Pacific Winter, to be renamed Rickmers Chennai, is a sister ship to […]
About 14,500 rank-and-file members of the International Longshoremen’s Union who work at ports along the East and Gulf Coasts are voting today on whether to ratify a new six-year master […]
Strike at Hutchison container terminal in Hong Kong continues as government steps in to try to resolve problems between 500 dockworkers and employers, with service providers suggesting strike is affecting […]
The United States Australasia Discussion Agreement said its members have adopted a guideline calling for a general rate increase of $200 per 20-foot container and $40 per 40-foot container […]
Drewry is forecasting that companies in the container shipping industry will have a collective operating profit (earnings before interest and taxes, or EBIT) of $6.2 billion in 2013, compared […]
Hapag-Lloyd and CMA CGM will launch a new service between the Mediterranean and the U.S. East Coast service in June. Hapag-Lloyd said the new MAS service will use […]
The U.S. Commerce Department on Friday reported U.S. exports of goods and services in February reached $186 billion, an increase of $1.6 billion from January. Imports of goods […]
Shusen Wei, 45, a citizen of China, pleaded guilty Friday in Miami federal court to charges stemming from his involvement in the smuggling of a carved rhinoceros horn from […]
Hong Kong’s High Court has extended an injunction first obtained April 1 on striking dockworkers, barring them from entering container terminals in Kwai Chung where the port’s container terminal is […]
“Given that market conditions are extremely fragile, we believe that, to keep the industry in the black, leading container operators will have to maintain stringent capacity management and pricing discipline,” […]
Consolidators International (CII) and the Swiss forwarding company Cotrafi-Gondrand Tahiti have signed an exclusive agreement for the Los Angeles-based company to handle air and sea freight from the United […]
CSAV, the Chilean container shipping company, said it will invest $570 million in its business, building seven new ships and paying back a $258 million loan at a steep discount. […]
The White House has not named a political nominee since former Commissioner Alan Bersin departed about 15 months ago. Career agency officials have continued to push through organizational and programmatic […]
Six U.S. government agencies on Wednesday joined together to kick off a new pilot program to expand federal export assistance to small businesses. The program, U.S. Global Business […]
The U.S. Export-Import Bank has entered a new marketing partnership with the state of Illinois to help the Midwest state’s businesses boost export sales and jobs. The so-called […]
Brian Conrad, TSA executive director, doesn’t expect the westbound transpacifc trade in terms of rates and volumes to change significantly because of the merger. The market “is still going to be driven […]
Evergreen Marine Corp. said it had a profit of 128.5 million New Taiwan dollars (NT) ($4.3 million) compared to a loss of 3.1 billion NT in 2011. The […]
The U.S. Environmental Protection Agency today said it’s withdrawing approval of the import and sale of up to 74,000 gas-powered on-and off-road motorcycles and all-terrain vehicles from China. […]
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service today announced recent results of the agency’s efforts to support exports of U.S. agricultural products, and they’re expected […]
Along with previous funding, Georgia has allocated $231.1 million toward the state’s portion of the Savannah Harbor Expansion Project, which will deepen the harbor from 42 to 47 feet to […]
The agency announced Saturday that Richard A. Lidinsky Jr. has resigned as chairman and Commissioner Mario Cordero of Long Beach, Calif., who joined the FMC in June 2011, will take […]
In proposed legislation, the senator seeks a “merit-based” system for funding port infrastructure. “This bill changes the way we deepen ports and it sets aside money to make sure there will be […]
The logistics company Agility said it had net profit of 34.3 million Kuwait dinar (KD) in 2012 ($119.9 million), 27 percent more than in 2011. Revenue in 2012 […]
The United States on Friday announced it’s considering a Trade and Investment Framework Agreement (TIFA) with the Economic Community of West African States (ECOWAS). “A Trade and Investment […]
Walter Kemmsies, chief economist of Moffatt & Nichol, said Thursday he is forecasting import cargo volumes in the peak season this year could be 5 percent higher than in […]
News reports said Guillermo Luksic Craig died of lung cancer. Through its 83 percent stake in Quiñenco, one of Chile’s largest conglomerates, the Luksic family acquired a stake in CSAV in […]
The Baltic Air Charter Association (BACA) has elected Tony Coe, owner of Aviation Complete Ltd., as its new chairman. The association, based at the Baltic Exchange in London, […]
The consolidated cases — Asamarbunker v. U.S. 5th Cir. Nos. 12-40246 & 12-40248. Feb.1 — center on the arrest of two ships and their subsequent sale to satisfy outstanding […]
APMT said the Maasvlakte II facility, scheduled to open in November 2014 with an initial annual throughput capacity of 2.7 million TEUs, will be the most technologically advanced container terminal […]
The requirement under the Jones Act that ships moving cargo between two U.S. points be built and registered in the United States and crewed by Americans has attracted attention […]
Since the forced budget cuts took effect March 1, federal agencies in charge of overseeing trade into and out of the United States have had to make due with […]
Miasolé, a solar energy company in Santa Clara, Calif., was able to export its thin-film solar panels to a solar photovoltaic project in Rajasthan, India, with help of a […]
Hapag-Lloyd said it will begin operating its weekly Finland Express Service (FEX) to Baltic ports next week. Two ships with about 1,000 TEUs of capacity will call Bremerhaven, Hamburg, St. […]
Evergreen said it will launch a new service linking South China, the Philippines and East Malaysia in mid-April. In addition to providing regional transportation links for shippers in […]
In a press release issued by the dockworkers on March 26, ILA President Harold Daggett said “Our organizing mission will go global. We will really make our union an international […]
The Coalition of New England Companies for Trade (CONECT) hosts its 17th Annual Northeast Trade & Transportation Conference in Newport, R.I. on April 2-4. The two-and-a-half day conference […]
Big ships from Europe-Asia trade expected to enter the transpacific. By Chris Dupin The next couple of years could see big changes in transpacific liner services, as many large containerships […]
Even with slow steaming and economies of scale of bigger containerships, fuel is still a significant cost for carriers, amounting to about 60-70 percent of a voyage across the […]
The French liner carrier said it will manage and operate the terminal, giving customers the opportunity to clear their cargo through customs near Baghdad instead of the Umm Qasr seaport.
Rickmers-Linie, a regular carrier at the Port of Philadelphia since 2008, will expand its service to the port when it begins its westbound round-the-world service that will connect markets in […]
COSCO Pacific said it had gross profit of $315 million in 2012, 22 percent more than in 2011. Revenue was $735.5 million, 23 percent more than in 2011. […]
The U.S. Export-Import Bank has entered a marketing partnership with the Monterey Bay International Trade Association (MBITA), a non-profit organization in northern California, to help small and midsized exporters enter […]
The U.S. Export-Import Bank has authorized more than $190 million in financing to support the export of Boeing 737-900ER aircraft to El Al Israel Airlines. “This transaction will […]
The National Shipping Co. of Saudi Arabia (Bahri) has sold its general cargo vessel, Saudi Diriyah, for scrap. The company received SAR 30.25 million ($8 million) for the […]
In May, Florida Coastal School of Law will start a number of programs in logistics and transportation law, including a Master of Laws (LL.M.) degree, as well as graduate […]
Under Hochberg’s leadership in fiscal year 2012, the bank for the fourth-straight year set export finance records in a number of key areas. Overall financing for the first time exceeded […]
A federal grand jury in San Juan, Puerto Rico, has returned an indictment against Thomas Farmer, a former executive of Jacksonville, Fla.-based Crowley Liner Services, for participating in a […]
The proposed merger between the container liner companies Hapag-Lloyd and Hamburg Süd has been called off. A brief statement from the shareholders of Hapag-Lloyd – the Albert Ballin investment group […]
Roy Schleicher, interim CEO at the Florida port, said because of the depressed economy, the port came to a “mutual agreement with Hanjin… that we would not pursue building their […]
Lead bill sponsor State Republican Rep. Gene Ward noted foreign-built vessels are allowed in the domestic Guam trade, and said an exemption for cruise ships was put in place in 2003 […]
The Port of New Orleans said its board of commissioners has given notice to AECOM Technical Services to begin the design of the port’s new Mississippi River Intermodal Terminal […]
Maersk Line on Friday said it will raise freight rates April 15 from Asia (excluding Japan) to European destinations by $500 per TEU, while its rates to Syria will be […]
The U.S. International Trade Commission ruled imports of stainless steel sinks from China are subsidized by the Chinese government and are harming domestic manufacturers of similar products since they […]
A fact-finding mission this week to Panama by representatives of the Terrebonne Parish Economic Development Authority (TEDA) and the Port of Terrebonne in Louisiana has port officials considering the […]
The Government Accountability Office Wednesday released a report on shipping between Puerto Rico and the United States and possible modification of the Jones Act requirement that vessels participating in the […]
The American Logistics Aid Network (ALAN) said last October’s Superstorm Sandy, which ravaged the U.S. Northeast, has shown the network’s strength, as well a highlighted areas for improvement. […]
CenterPoint Properties broke ground this week on a new ACE Hardware distribution center at Wilmer, Texas. The 450,000-square-foot facility will be situated on 31.3 acres within the 59.9-acre […]
The economic relationship between the United States and European Union is already the world’s largest, accounting for one third of total goods and services trade and nearly half of global […]
U.S. Commerce Department officials said progress was made to strengthen the economic relationship between the United States and Brazil, following the eighth meeting of the U.S.-Brazil CEO Forum, which […]
