Despite its takeover by ocean carrier, Swiss freight forwarder keeping it multi-modal with introduction of rail service from China to Europe.
Eric Johnson is hired as executive director and John-Kaare Aune is named managing director.
President Trump is reportedly considering granting Puerto Rico a 10-year waiver that will allow the island to receive U.S.-origin LNG exports on board foreign-flag vessels.
The committee guides the Transportation secretary on matters relating to marine transportation.
Air assets and a European Maritime Safety Agency satellite team will continue to monitor the area to ensure the long-term absence of oil spills.
Kenny Rocker, EVP of sales and marketing, said the rollout of the company’s Unified Plan 2020 is complete, which helped the Class I railroad overcome first-quarter challenges.
Forty ships detained in 2018 as federal inspectors begin exposing U.S.-flag safety data.
A top executive of the Panama Canal Authority outlines the prospects for LNG, LPG and crude/product tanker transits through the larger locks of the waterway.
Nick Brown, head of marine at classification society Lloyd’s Register, is at the front lines of ocean shipping’s technological evolution. He explains how he sees this transformation playing out.
East Coast Warehouse and the Global Cold Chain Alliance also announce appointments.
The Phoenix Jamnagar will be operated by Phoenix Tankers and primarily will transport crude oil to India.
The agreement to buy the South American companies, which export perishables to the U.S., Europe and Asia, extends the Swiss freight forwarder’s perishables network.
It’s a game of several parts as Drewry Shipping Consultants’ World Container Index indicates that rates are marginally down by 0.3 percent compared to the previous week. But the index is massively up, by 12.8 percent, compared with the same period last year. A flattening market can be perceived as “good news” given there have been a couple of weeks of slump.
Korea’s only remaining container ship line may want to go beyond its slot sharing deal, but Western carriers wary on subsidized shipping.
The companies will increase the number of services on which Hyundai Merchant Marine shares space from one to three.
Chartworld Shipping, Nederland Shipping and the Nederland Reefer chief engineer were charged with falsifying oil records and not reporting a hull breach to the Coast Guard.
The executive director of the Agriculture Transportation Coalition discusses port congestion, demurrage and detention fees, and ongoing China tariffs on agricultural goods.
The White House on Monday announced its intent to end sanction waivers to countries still importing revenue-generating oil from Iran.
Three states and several utilities will study the needs of electric trucks along the I-5 corridor to make long-haul electric trucks a reality. Plus, the future of Cummins, flex fuels, and are the Chinese taking our railway jobs?
The Pacific Merchant Shipping Association and longshoremen oppose the plan by the Oakland Athletics to build a ballpark on Port of Oakland property.
The shipbuilding campaign has the “potential to exceed 100 new LNG carriers over the next decade,” Qatar’s minister of state for energy affairs said.
U.S. unveils new strategy in response to increasing investments by Russia and China.
The San Francisco-based fleet management platform for the trucking industry reportedly has a valuation of $1.2 billion following the latest funding round.
Online retailer ramps up warehousing and ocean freight presence as part of meeting tight delivery window demanded by customers.
The funds will go toward expanding services in Louisiana and Virginia and supporting the development of a new service in New York.
The truck is the first of 10 the companies will deploy as part of the ZANZEFF project to haul cargo received at the ports of Los Angeles and Long Beach.
Jae-hoon Bae also will meet with employees, shippers and the head of the IMO during a visit to Europe less than a month after becoming head of the South Korean […]
FMC REVIEWS EIGHT OTI LICENSE APPLICATIONS
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Container ship owner sees good demand balance with better rates on post-panamax vessels.
The Japanese shipping company announced plans to install the system on 21 very large crude oil carriers it operates.
The report said the very large ore carrier, which sank in March 2017 with 22 crew members presumed deceased, suffered “catastrophic structural failure” to the ship’s hull.
European shippers and forwarders help advance standard framework for measuring the impact of logistics on emissions.
Lighter loads through Panama Canal and schedule reliability are two effects hitting ocean freight; ‘We should not underestimate weather.’
Jointly owned Diamond Gas Sakura will transport LNG from Louisiana as part of a long-term time-charter contract.
Australia’s import, export and logistics industries are in dismay at a massively escalating series of surcharges that are being unilaterally charged to truckers and shippers by the nation’s main box terminal operators. There have been hikes in surcharges of hundreds of percentage points. And, in one case, an imposed surcharge was literally increased over a couple of years by 2,372 percent. Industry executives are furious.
There has been a steep drop in the volume of box traffic handled at Hong Kong, one of the world’s busiest box ports. Containerized throughput at Hong Kong took a dive in the first three months of 2019 when compared to the first quarter of 2018, according to preliminary figures from the Hong Kong Marine Department. Box traffic was down, on average, by 10.2 percent in the first quarter of 2019 compared to the first quarter of 2018.
A total of 140 cargo theft incidents were reported — a 22 percent year-over-year decrease — for an estimated total loss of $12.8 million, according to CargoNet.
FMC Commissioner Rebecca Dye provided an update on her agency’s ongoing detention and demurrage investigation.
Venture capital firm Kleiner Perkins led the funding round, which increased the Atlanta-based warehousing and distribution startup’s capital raised to $15 million.
The Dutch shipbuilder said “its financial situation stems from a sustained period of difficulty in a number of maritime sectors and investments it has made in its future.”
Changing distribution patterns could spell trouble for intermodal, report says.
The updated service creates the first direct link between North Vietnam and the West Coast of the U.S. and Canada, ONE said.
The U.S. is proposing $11 billion in tariffs on European Union goods because of allegations that Airbus received that amount of subsidies when it launched the Airbus 380, thereby harming U.S. interests. Read Jesse Cohen’s explanation of the articles proposed for tariffs and what the tariffs might do to the air cargo and maritime industries.
American Waterways Operators elects officers and Heartland Barge Management hires sales and leasing manager.
Accolades also go to Bahri, NYK, Old Dominion Freight Line, Pelican BioThermal, a Landstar agent and the RLS Logistics general manager.
FreightWaves puts Singapore, the world’s second-busiest box port, under the microscope – examining box throughput, general cargo, bulk oil, non-bulk oil and ship registries.
The acquisition is the German logistics services provider’s sixth since November.
Executive director credits the Florida port’s “prolific diversity” of its cargo base for year-over-year growth.
The Omaha, Neb.-based company’s operating revenue and business volumes both fell by 2 percent.
The acquisition will give Greenbrier two manufacturing facilities in Arkansas and five additional operations that provide a range of railcar components and supplies.
Company is rebranded and key hires are made; freight payment industry veteran is picked up.
A former Chinese airline employee operating out of JFK Airport orchestrated a scheme using passenger flights to deliver packages to military officers in China.
Rolling out of 5G networks in the United Kingdom in late 2019 could prove to be the technology that makes autonomous vehicles possible. Testing of the technology will begin in June 2019.
A reported 60 gallons of oil entered the water, but there was no active discharge of oil from the DeJeanne Maria, the Coast Guard said.
Air cargo market expert Jesse Cohen writes about the ongoing efforts to increase security in air cargo operations. Read about the latest measures and how they impact the movement of freight.
The company also announced plans to invest up to $136 million in automated and semiautomated expansion projects and select redevelopment at its Atlanta campus.
LA caught between straits of labor and capital; group looks for ocean freight’s Esperanto; and digital-first forwarder gets $20m funding.
The Swiss freight forwarding company, which is set to be acquired by DSV, reported a volume decrease in ocean forwarding.
CSX reported a first-quarter record operating ratio, and KSC said it achieved its best Q1 revenue.
Board nominees Don Brown and Chris Jamroz are announced, Pan Hua and Michael Wunderlich have new roles and Tim Leonard is hired.
Developed by Maersk and IBM, TradeLens uses blockchain to promote exchange of shipping and trade data.
NCBFAA conference attendees advised to challenge carriers if they claim they will start burning low-sulfur fuel before Jan. 1.
The European Union has submitted a proposal for consideration at next month’s Marine Environment Protection Committee meeting at the IMO that will bring consistency to reporting on the use of low sulphur fuels encouraging shipping companies to comply with the new regulation.
Canvas Ventures led the funding round for the on-demand warehousing and fulfillment startup, which was founded in 2017.
‘Discretionary’ cargo may look elsewhere for U.S. dock space should the biggest terminal in the biggest port not find ways to be more efficient.
The Digital Container Shipping Association will focus on driving standardization, digitalization and interoperability in container shipping.
Intermodal volumes fall by 7 percent, but a 10 percent increase in revenue per load helps the segment increase revenue by 2 percent.
The company says Rhegreen, a free-of-charge program, can reduce emissions between 10 percent and 40 percent.
Officers are elected to the International Association of Refrigerated Warehouses and World Food Logistics Organization boards; ICTS director is hired.
International Longshore and Warehouse Union opposes plan to automate the APM Terminals container facility.
World’s largest ocean freight forwarder adds money-back guarantee and carbon offset to what is now considered ‘table stakes’ in ocean freight.
The U.K.-based shipping company will power Toll’s online booking platform and will be introduced in the fourth quarter.
The newly launched KN Pledge also promises a money back guarantee, extended cargo liability, instant pricing and a carbon footprint offset.
While there was a 4.8 drop in volumes last month, it still was the port’s second-busiest March ever.
Gary Scott Stratton used credentials he obtained while working as a state trooper.
FTR reports the 13,500 units also made for the lowest March since 2008.
Russia-based GPS hacking has led to 9,883 suspected incidents across 10 locations, including 1,311 civilian maritime vessel navigation systems since February 2016.
According to the Maritime Anti-Corruption Networks, there have been more than 28,000 incidents of corruption reported since 2011.
Anyone up for some ‘Texas Chicken’? Maybe not anymore as pilots request one-way traffic on busiest shipping hub in North America.
The investment by the world’s most profitable company is valued at $1.25 billion.
Exports to Vietnam through Oakland have grown 126 percent since 2015 and in 2018, Vietnam was the port’s third-largest import market and fifth-largest export market.
Sandra Goranovic is promoted to vice president, Khalfan Al Shueili is elected to board and John Adams is hired.
Containerized freight rates are continuing to decline. And where gains are made, these are only marginal gains. International maritime consultant Drewry expects that ocean carriers “will struggle to recover rates” in the coming week.
A study commissioned by consultancy SEA\LNG and its partner promoting the use of LNG as a marine fuel shows that LNG can cut carbon emissions by up to 28 percent, though there are questions over the study’s methodology.
A study commissioned by consultancy SEA\LNG and its partner promoting the use of LNG as a marine fuel shows that LNG can cut carbon emissions by up to 28 percent, though there are questions over the study’s methodology.
A study commissioned by consultancy SEA\LNG and its partner promoting the use of LNG as a marine fuel shows that LNG can cut carbon emissions by up to 28 percent, though there are questions over the study’s methodology.
The port’s volumes in March grew 12.7 percent year-over-year to 650,977 TEUs.
The port’s throughput grew by 4.2 percent year-over-year in the first quarter and by 10.7 percent year-over-year in March.
While tariff fight may not repeat itself, other factors that lead to drayage capacity crisis still in play for shippers this year.
The study found gas-fueled engines reduced well-to-wake greenhouse gas emissions up to 21 percent for two-stroke slow-speed engines.
Year-to-date the iron ore trade on the Great Lakes stands at 3.4 million tons, an increase of 9.5 percent.
The president of Gennex Media conspired with others to fix prices on online sales of promotional items between 2014 and 2016.
The industry’s recruitment and retention problems are compounded by increased federal and state regulations, a competitive job market and time away from home.
Intermodal loadings fell by as much as 4 percent due to weather events impacting the western network, Todd Tranausky said in an FTR State of Freight webinar.
Rob Lowe is named director of administration and CFO and Matt Copot is hired as vice president of maintenance.
French company is increasing its warehousing space in Vietnam almost tenfold.
“If you do remove this as a tool for the shipping lines to use, are you prepared to accept higher freight rates as a consequence?” asked analyst Tan Hua Joo.
The shipping line signed a memorandum of cooperation with Nansha officials last week.
