Norfolk Southern accused of using shortline railroad as a “chess piece” to maintain monopolistic control over intermodal access in and out of Norfolk International Terminal.
The Swiss company said it instead plans to explore measures to enhance its performance with CMA CGM.
Hunt anticipates a $28.9 million hit to earnings when the award is combined with a driver settlement and charge related to a customer bankruptcy.
North Carolina ports closed as storm brings heavy winds and rain.
The Committee on Foreign Investment in the United States is expanding reviews of foreign acquisitions involving sensitive U.S. technologies and intellectual property.
Legislation authorizing billions of dollars to improve U.S. ports, dams and harbors heads to the president for signature into law.
The Trump administration told international law enforcement agencies in London this week that it will contribute more than $90 million next year.
The White House on Tuesday announced a new national initiative to fight illicit wildlife trafficking. Officials from the Justice, State and Interior departments will co-chair the U.S. task […]
Pensacola and Panama City ports are closed; FMCSA issues regional declaration for the transport of emergency supplies.
Chairman of the board elected to lead railway; managing director hired in Singapore.
Volumes still strong in run-up to tariffs, as retailers ramp up imports.
Ports remain open, but plans to ride out storm must be made.
In Today’s Pickup: Michael is headed toward the Gulf, a quote by Hunter Harrison and a not-complimentary look at the job of a truck driver.
Potentially devastating hurricane forecast to make landfall Wednesday
Container shipping giant is expanding beyond maritime transportation.
TMS provider says the purchase means its customers will be better able to take advantage of intermodal.
Oil spill reported after accident between passenger/roll-on, roll-off vessel and containership.
Production has begun in China for the order that includes 2,000 controlled-atmosphere containers.
Major drayage operator at U.S. busiest port complex looks to all-electric truck to hit emissions reduction goal.
Latest round of fuel surcharges aimed at guiding expectations on IMO 2020 costs.
Shippers, NVOCCs and ocean carriers all are at risk with legislation taking effect in California at the start of the year.
The company will begin employing the “marine fuel recovery” charge on Jan. 1, but the full effect will not be felt until late next year.
OFAC said the multimillion dollar fines resulted from improper screening and missed “red flags” involving an international airline billing program.
Census Bureau identifies 284,168 companies responsible for exporting $1.292 trillion in goods.
Differences remain in what is best path for drivers to follow, but all agree that port congestion is a problem that needs fixing.
Drewry says futures indicate low-sulfur marine fuel prices may rise 55 percent when IMO 2020 mandate kicks in.
Indices are clearly signaling that the container volume coming in through the Long Beach/LA port is surging and bodes well for the holiday shopping season.
U.S. Immigration and Customs Enforcement official tells COAC members that export enforcement remains a top priority for the agency.
The paper application cost of a new ocean transportation intermediary license will increase from $1,055 to $1,962.
A CFO with a “different background” is taking over in Switzerland; a sales position is created and filled in the Netherlands.
FreightWaves spoke to IMSA CEO Corey Ranslem about the first install, the ARMS platform’s official launch at the end of October, and entering the cargo ship markets in 2019.
The president of the Baltimore-based manufacturer discusses how to navigate the tariff-heavy landscape as well as the benefits free trade agreements provide.
Drewry reports the latest round of U.S. tariffs means “eastbound transpacific flows could be hit with an opportunity cost of approximately 1 million TEU next year.”
But UNCTAD expresses concern “increased inward-looking policies” and rise in protectionism could stifle trade.
Legislation includes provisions to require advance electronic data for international postal shipments and to strengthen DOT’s alcohol and drug testing practices.
The FMC commissioner is meeting interested parties at ports around the country as part of the second phase of the Fact Finding 28 investigation.
Containership charterer describes the investment of up to $200 million in Swiber Holdings as “opportunistic.”
Oil Major Shell has announced upcoming availability its newly developed Very Low Sulphur Fuel Oil (VLSFO) ahead of the IMO 2020 – 0.50% global sulphur limit for marine fuels. FreightWaves has the charts.
UN trade and development body UNCTAD has outlined seven key challenges to maintain a positive momentum for the freight markets in global trade.
UNCTAD expects volumes across all maritime segments to grow in 2018. However, it warns that trade wars can disrupt the global trading system and there is a need to assess the implications of vertical integration within the industry, addressing any potential negative effects.
Mike Lacey sees some improvement in his relationship with railroads, but it’s coming from a very low point.
Logistics company argues that it has improved conditions at warehouse one year after its purchase.
Residual fuels that have “undergone rigorous fit-for-use assessments” will comply with the International Maritime Organization’s low-sulfur cap.
CSX also will offer improved access to the Ohio rail hub from the Port of New York and New Jersey.
Australia’s east coast grains industry suffers an ongoing drought causing severe shortfalls, and grains are being moved from West Australia to East Australia in record volumes to the point where the industry will have to consider importing grain from overseas.
International nonprofit names members of advisory council and board of directors; payment, supply chain and logistics companies announce hires.
Industry veteran Jeffery Barrie has been named CEO of DB Schenker USA, effective Nov. 1, 2018. Barrie will lead all operations in the U.S. and report directly to Philippe Gilbert, Region Americas CEO.
Oil producer group reports in its annual outlook that it believes compliance will grow after 2020.
Going into next year as steel demand from housing construction skews to a slower growth trajectory, Beijing is increasing its spending on infrastructure.
Japanese classification society says a large number of shipowners are planning ballast water treatment system installations in a narrow time window.
A quick round-up of what you need to know about maritime today, but didn’t have time to learn about, yet.
Gov. Jerry Brown signs bill that could speed up plans to build a new Oakland Athletics ballpark at Howard Terminal.
But the “big boys” like Walmart, Target and Best Buy are expected to be doing business in their stores and online.
New president leads domestic and international operations; French company appoints executive board; and Jamaican maritime leader chairs subcommittee.
In the final run-up to the midnight deadline, Canadian and U.S. trade negotiators reached agreement on the language for a NAFTA replacement.
Federal judge finds chemical manufacturer and NVOCC liable, not the shipowner or liner company.
Action targets XPO Logistics and NFI Industries operations over a wide area of Southern California.
Korean private equity firm’s purchase would add bulkers, tankers, gas carriers and breakbulk vessels.
JAXPORT has named Jacqueline Glass as its new director of procurement services. Glass has more than 25 years of experience as a supply chain professional focused on strategic sourcing and […]
China’s National Bureau of Statistics reported slowing growth pointing to weaker exports as the China Manufacturing Purchasing Managers Index (PMI) dropped to 50.8 percent, down 0.5 percentage points from the previous month to the second lowest reading in 12 months.
The World Trade Organization (WTO) has downgraded its outlook for global trade this year and next, citing tighter credit market conditions and escalating trade tensions as the main drivers.
Update: Latest labor action brings attention to drayage drivers as NFI says union is trying to “force” representation on drivers.
European Commission asks for input as it looks at block exemption.
Indonesian coal suppliers have increased their domestic coal production target by 4.5 percent from a previous 485 million tonnes to a massive 507 million tonnes in the current year. All the additional tonnage will be exported.
Commissioner Rebecca Dye will meet with interested parties in California and Florida in October.
Witnesses to appear before the Committee on Commerce, Science, and Transportation include the Federal Railroad Administration administrator.
Action that will be taken includes advance manifests for goods from China arriving in Canada and being trucked across the U.S. border.
The higher cost of domestic steel already is saddling car manufacturers with “hundreds of millions of dollars in new, unplanned cost.”
The state’s 25,000 port truck drivers “routinely face wage theft and illegal pay deductions while hauling goods for the world’s biggest brands,” the bill’s sponsor said.
China imposed a 25% import duty on US soybean imports in July and a domestic shortage of beans is now resulting in Chinese traders paying a higher price for Brazilian beans than what domestic crushers are paying, leading to speculation that China could again increase shipments from the US.
U.S. Wheat Associates did charge that practices in “clear violation” of a WTO agreement helped establish Turkey as the world’s leading flour exporter.
CEO retiring and COO moving up; aerospace logistics company filling newly created commercial role.
Project is designed to attract containers now drayed to off-dock rail yards.
The scrapping of sister passenger- and cargo-carrying vessels marked the end of an era.
Ocean shipping rates below cost of capital have been boon to customers, bane to companies. But the equation may flip.
Appropriation of $30 million will help streamline processes, increase visibility and improve risk assessment.
Hewlett-Packard export compliance officer expects a lot of public comments on the control of technologies essential to national security.
“Importers are getting hurt” by duties meant to punish China.
The scenario laid out by a leading energy economist is that the market needs a way to soften the blow of higher oil prices that would be spurred by the new environment rule.
CB Insights says while there has been a drop-off in funding this year, supply chain innovation is becoming a greater concern for businesses around the world.
A prolonged bear market for crude oil tankers have resulted in the deletion of triple the number of ships sold for scrap, compared to last year.
Maersk, MSC and CMA CGM are implementing fees they say will help cover costs to reduce sulphur emissions; the IMO announces it will not push back the deadline.
Icelandic cargo shipping firm names interim managing director of U.S. operations; American Association of State Highway and Transportation Officials taps next executive director.
Ocean carriers guiding expectations on rates as one of the biggest changes to shipping set to hit in 2020.
Port aims for new on-dock rail facility to handle increased container throughput and meet clean-air goals.
Three-judge panel could pave the way for the American Institute of International Steel’s appeal to go before the Supreme Court.
The rapid growth in LNG imports to China, Japan and Korea is driving the cost of transportation higher, with Atlantic cargoes bound for Asia approaching $100,000 per day for Large LNG carriers, up from $30,000 per day a year ago.
Corporate and industrial borrowing in China in the third quarter of 2018 surged to the highest level since 2013, just as the US Administration gets ready to impose the largest round of trade tariffs so far, targeting $200 billion worth of goods. A progressively weakening economy likely means a return to old school stimulus in fixed asset investments. .
Maersk, CMA CGM and MSC announce fees to cover costs of meeting low-sulphur deadline.
Japan’s third largest shipping company looks at all methods for compliance; MSC to add scrubbers on about one-tenth of fleet.
The smartest minds on Wall Street use charting analytics to quickly identify and then track trends in multiple data sets. Why? Because it works. And now freight professionals are learning how to do the same.
A surge in hydro-power, cleaner air in the Capital and a need to further stimulate the economy will see increased demand for seaborne coal supplies to China this winter. That is good news for freight.
The vessel gave asylum to 113 refugees when it was en route from Malta to Libya in June.
Some railroads are spending more than 20 percent of revenues on capital improvements to meet the growing demand for intermodal services.
The Port of Savannah plans to boost its container handling ability through a $2.5 billion project aimed at making the Port the main East Coast gateway to U.S. inland markets. […]
Britain’s largest ports operator looks to distributed ledger technology to ease cargo movements.
Commissioners prefer a commercial solution rather than a rulemaking to bring clarity for how and when these fees are assessed by ocean carriers and marine terminals.
A significant increase in the use of scrubbers would have an impact on the amount of middle distillates that the shipping sector needs to consume under IMO2020 rules.
The stars are aligning for the 2018-2019 Atlantic grain season to give dry bulk shipping a much-needed boost.
Drayage provider failed to pay 1,416 employees prevailing wages for work performed at the Port of Los Angeles/Long Beach.
