The launch of Scan Reach’s digital connectivity mesh network system will allow smaller vessel owners and their customers to reap the benefits of the digital age at an affordable cost.
Liner alliances in a quandary about what to do with largest capacity ships as cancelled port calls increase to deal with capacity glut.
FMC kicks off industry innovation teams in an effort to develop “transparent and standardized language for detention and demurrage practices.”
The Spanish freight forwarder will be integrated into global forwarding division and technology platform following the approximately $48 million cash purchase.
Shipping lines with direct service calls to the port and that do not transship within 250 nautical miles are eligible for the incentives.
The reduction, effective March 29, is the fourth one of 2019 announced by the Panama Canal Authority following low rainfall in December.
The Blockchain in Transport Alliance was founded in 2017 and currently has nearly 500 members in more than 25 countries.
In announcing of giant revenues and super-massive dividends, Australian mining colossus Rio Tinto delighted markets, shareholders… and maybe even roboticists too!
A carbon tax is expected to be levied on polluting ships within the next few years so finding energy solutions that will reduce or eliminate those charges could give operators a competitive advantage. Corvus Energy’s range of batteries could offer a solution.
Australian miner Rio Tinto generated over US$12 billion (all figures in U.S. dollars) from its bauxite, alumina and aluminum production in 2018. It predicts about 67 million tonnes production of bauxite, alumina and aluminum this year. These minor bulk commodities are significant seaborne cargoes.
Consulting firm says requirement to use low-sulfur fuel could raise costs by $10 billion for industry.
Simplification and improvement of capital structure will support long-term business plans, says the logistics and transportation company.
The Swiss company, which has been an acquisition target of Danish firm DVS, reported a drop in ocean freight volume last year.
The Norwegian Government is debating whether to introduce a Carbon Fund, based on its successful nitrogen oxide fund (NOx Fund), with a view to cutting carbon emissions by 40 percent by 2030.
Firm cuts debt load nearly in half, shows single-digit top-line growth in freight management, contract logistics.
Online freight booking systems can streamline the process for booking air and ocean freight, solving several significant challenges along the way.
Start-up is latest seeking to automate the fraught process of securing truck capacity with its test bed at busiest port in U.S.
Lawmakers heard how costly fees and equipment shortages along the supply chain are hurting exports.
Witnesses gave the Senate Subcommittee on Transportation and Safety a variety of recommendations to improve intermodal infrastructure.
World’s largest ocean freight forwarder continues to grow volume, but impact of liner alliances also take toll on margins.
The Switzerland-based freight forwarder and logistics company reports both increased sales and profit for 2018.
The service will be paired with APL’s Eagle Express X transpacific service.
The ship Kauai will be moving cargo to and from Hawaii while Matsonia undergoes repairs.
Craft Ventures led the funding for the company, which wants to bring “Uber-like” efficiency to the drayage industry by linking freight forwarders with truckers.
A series of company earnings from New Zealand shows that the international maritime trade to and from the Pacific archipelago is largely strong, especially for the bigger ports, but the smaller ports have experienced some downturns in trade.
The Motiv EPIC all-electric chassis will be installed on Ford F-59 glider chassis at a Detroit Custom Chassis plant. Also, Colorado passes bill lowering the commercial truck driving age and the Port of Long Beach sees near-record volumes.
Companies say a nearly two-year-old investigation has been dropped.
If IMO 2020 boosts demand for LNG bunkering, the U.S. isn’t ready to take advantage.
The deal appears to make Lineage the world’s largest operator of temperature controlled warehouses.
The port authority completed the USDA’s Southeast InTransit Cold Treatment Pilot program, showing its ability to handle refrigerated containers of South American fruits.
The AU$92 million acquisition marked the second in February for the Australian company, which has made more than two dozen acquisitions since January 2017.
Ocean carrier reports unaudited full-year results including its acquisition of UASC, but volume gains have yet to add to profit.
Home Deport is among the latest investors in the same day delivery company.
Global logistics player, Toll, has officially launched two new roll-on, roll-off (ro-ro) ships for the carriage of trucks and containers across the Bass Strait between mainland Australia and the island of Tasmania. The first commercial sailing begins in a few days on March 1. FreightWaves reviews the vessels in detail, describes the local wharf upgrades and analyses the Bass Strait trade.
Artery for goods ranging from coal to oil to grain closed in wake of historic rainfalls.
Rising volumes and “reasonable” orders for new ships expected to result in improving balance of supply and demand in the container shipping industry.
Delay in tariffs comes after a week of talks in Washington with Chinese officials; but the threat certainly good for volumes coming into Seattle.
A Boeing 767 cargo plane en route from Miami to Houston Saturday afternoon crashed into Trinity Bay, near the Texas city of Anahuac.
China service, terminals and logistics outweigh ongoing competitive situation in Guam and lower southbound volume in Alaska.
“FAA and TSA workers should not become the bargaining chips over congressional budget battles,” said Brandon Fried, executive director of the Airforwarders Association.
Shippers can gain on-demand, real-time access to carrier documentation.
VC-backed freight forwarder wants to expand geographic coverage and add freight expertise after latest cash infusion.
Read on economy from container data does not indicate slowdown yet in cards for global trade.
SoftBank’s Vision Fund led the Series D round, which Flexport will use to improve technology, open offices and warehouses and hire employees with operational expertise.
But The Wall Street Journal is reporting the CEO had been under pressure for months to step down.
JAXPORT leaders at the annual State of the Port address report work may be completed two years ahead of the original schedule.
The company held a “Papa-Mama” seminar Thursday about the merits for men to participate in housework and child care.
Widespread jitters in the Australian political and business communities that China may have banned imports of Australian coal now appear to be unfounded. Customs clearance delays at Dalian are happening owing to entirely “normal” reasons and coal cargo can be re-routed around a given port anyway, coal mining and coal transport executives have explained to FreightWaves.
Up-and-coming freight forwarder aims to flip script in how to reach customers and Japanese fund is on board for that.
Restructuring of the global economy means that manufacturers are shifting their production centres nearer to the markets they serve, in a process that Maersk calls reshoring or near-shoring, and poses a risk to the liner industry’s future revenues.
The company says freight rates are higher as it begins contract negotiations with North American shippers.
C.K. Yoo is credited with helping HMM navigate a difficult period and last April was offered a three-year contract extension.
But world’s largest shipping company sees high number of risks going into 2019 with container demand expected to be down from 2018.
The ship, which was damaged by a container fire in early January, currently is at a yard in the Bahamas.
The strategic move positions the company to “more effectively provide economical shipping options for its clients throughout the Midwest and Northeast.”
A study finds year-over-year growth of 8.2 percent for freight traffic and 3.6 percent for number of vessels that transited the waterway.
Sydney-headquartered multi-modal logistics operator Qube has announced “solid” company earnings today. ASX-listed Qube revealed a small 5 percent increase in revenues and a large 36 percent increase in profits.
Flinders Ports, South Australia, had a mixed bag of containerised cargo throughput results in 2018 compared to 2017, new data analysis shows. Overall containerised throughput – which includes imports, exports, empties and boxes in various configurations – was essentially flat.
Class 1 railroad plans ongoing projects at intermodal facility which is near major shippers and new warehouse space.
DP World (NASDAQ Dubai: DPW) announced that it will repurchase P&O Ferries from Dubai World according to a DP World press release. The acquisition will be worth BGP (British pound sterling) 322 million or $421 million. (All values will be converted to U.S. dollars.)
Analyst predicts a slowdown in U.S. containerized imports and continuing shift to to East Coast ports.
Terminal operator’s move to strengthen its European short-sea presence follows last year’s acquisition of Unifeeder.
TFI International agrees to $7.2 million purchase of the Atlanta-based express delivery service’s assets, including its Guardian Medical Logistics unit.
The Taiwanese liner carrier has until May to decide on an option for four slightly larger containerships from Japan Marine United Corp.
Largest ocean freight forwarder sees fuel bills increasing as much as 50 percent based on current price spreads.
The call will be a part of the company’s Pacific Express 3 service, which will create the “first direct connection” between the Vietnam market and central Florida.
Technology-driven logistics company names CFO; air cargo handler strengthens global network.
A solid quarter, year despite decelerating sequential net revenue.
Congress is handing out $93 million in federal grants for improvements at the nation’s top 15 container ports.
Cargo thefts fell 19 percent in 2018 compared to the year before, according to SensiGuard. Plus, the EU cuts a deal on truck emissions and another trucker protest is planned for this week.
Maritime groups tell California legislators not to give special treatment to Oakland Athletics.
Individuals knowing of a reason why an applicant should not receive a license should contact the Office of Transportation Intermediaries.
FMC reviews 23 OTI license applications
The U.S. Federal Maritime Commission has received 23 ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from A.T.I. North Point, New […]
Ocean carrier sees debt upgrade thanks to hitting cost synergy targets and fleet’s better fuel efficiency will help save operating expenses.
With the acquisition, J.B. Hunt’s Final Mile division has grown to 100 locations and 3.1 million square feet of warehouses and facilities space.
Port Tampa Bay, Evergreen, Rand Logistics, American Airlines Cargo, Regions Bank, A&R Logistics and Los Angeles Customs Brokers & Freight Forwarders Association.
More than two-thirds of the Class I railroad’s $3.57 billion plan is going toward railroad maintenance.
A remotely operated subsea vehicle was used to inspect the hull’s submerged areas on a MOL Marine-operated cable-laying ship.
An Australian court has refused permission for the creation of a coking-coal mine in New South Wales on the grounds that it would adversely contribute to greenhouse gas (GHG) emissions and would set back the fight against climate change. Legal scholars are hailing the decision as a “hugely significant” ruling.
Michael Khouri discusses the FMC’s role as a regulatory agency in the ever-changing container shipping industry and what’s on his agenda for the remainder of 2019.
Year-over-year contract rates are projected to increase and overall rates are expected to remain mostly flat this year.
Vasquez, the new administrator, will take office in September; Espino de Marotta, who led the canal’s expansion program, will take office in January 2020.
Ports of Virgiana and Charleston put up strong numbers to start 2019, but regional Fed warns that slowdwon could be approaching.
V.Group has acquired Global Marine Travel (GMT) from Inchcape Shipping Services according to a V.Group press release. The acquisition will increase the scale of V.Group’s operations to offer global 24/7 travel services.
Containerized import volumes increased 9 percent last month over January 2018 totals.
Card carrying Conservative at North European ferry operator appeals directly to the British Shipping and Transport ministers, Nusrat Ghani and Chris Grayling respectively, in a bid to capture overspill freight from competitors following Brexit.
A 25 percent tariff on $200 billion worth of Chinese goods destined for the U.S. may get delayed again, but supply chain uncertainty persists.
Swiss freight forwarder looks to the Middle East for opportunity with deal for one-time provider of logistics services to U.S. military.
The Swiss forwarding company Panalpina and Kuwait-based Agility talk “partnership opportunities” while the Danish firm DSV makes an all-cash offer for Panalpina.
Longshoremen working for DP World Australia (DPWA) are fired up over an alleged threat to their income protection insurance. That benefit was granted to them by the company three years ago in the last round of negotiations for a collective employment contract known as an “enterprise agreement”.
FedEx shares also tumble over speculation that Amazon may handle more logistics work in house.
Customs and Border Protection said shipments on board the Yantian Express were in the process of being released prior to arrival in the U.S.
Interorient Marine Services will pay a $2 million fine to the U.S. government for attempting to conceal oily discharges into the Gulf of Mexico.
The record-setting stow took place at the PSA Singapore terminal on the ultra large containership’s westbound departure to North Europe.
Every three years each of the stevedore companies enter into a protracted and bitter dispute with the local longshoremen’s representative body, the Maritime Union of Australia. This short article explains how and why.
Wharfies are eyeing strikes at DP World Australia in pursuit of better terms and conditions in their next collective employment contract. Asian maritime shipping schedules and landside Australian logistics timetables could be thrown into disarray.
Maersk’s deal with New Jersey-based PBF Logistics secures 10% of the line’s IMO 2020 compliant fuel supply.
Rise in expansion and efficiency projects comes after strong year of growth in company’s intermodal business.
Philadelphia-area company will supply fuel equal to about 10 percent of Maersk’s needs
