Container volume growth continues in May
Ocean carriers transported just under 14.5 million TEUs for the month, a 1.3 percent increase from the same 2017 period.
Ocean carriers transported just under 14.5 million TEUs for the month, a 1.3 percent increase from the same 2017 period.
Carriers are aggressively slashing services, despite the approaching peak season.
French carrier follows withdrawals by Maersk, MSC.
Florida congressman’s proposed legislation designed to boost understanding of the consumer protection services available.
Companies announce employees’ promotions.
Homeland Security and Treasury give their approval.
The investigation covers products of sodium gluconate, gluconic acid and derivatives between April 1 and Sept. 30, 2017.
Divestiture to “suitable, unrelated third party” part of OOCL acquisition plan.
Cosco selling shares in parent company of OOCL in order to keep listing on Hong Kong Stock Exchange.
The Shanghai Containerized Freight Index estimates spot rates are down 8 percent from this time last year.
Court of Appeals upholds cargo suit dismissal in case of damaged plywood shipped from Malaysia and Indonesia to New Jersey in 2013.
Both companies have promoted autonomous ships.
The U.S. Transportation Department has initiated a pilot program to allow 18- to 20-year-olds who hold the military equivalent of a commercial driver’s license to operate big rigs across state […]
The Kolkata has nearly 211 tonnes of heavy fuel oil in her tanks and is carrying nearly 200 tonnes of other oil.
The first of grounded fleet of Boeing 747s has received clearance to return to flight operations.
Firms added another 15,400 jobs in June.
Company seeks to add finished products and foreign status materials and components to the scope of authority.
Dip Shipping president and sales manager were arrested Tuesday for allegedly raising forwarding service prices charged to U.S. customers.
While the nation’s unemployment rate has been declining, truck driver turnover has been on the rise.
Taiwan carrier to charter five 11,000-TEU and five 12,000-TEU ships starting in 2020.
The Canadian government is investing C$7.5 million in transportation infrastructure at the Great Lakes port.
Global demand for air cargo grew 4.2 percent for the month following a revised 5.2 percent uptick in April.
The $494.2 million budget includes $34.7 million for capital projects.
AAR senior VP: “For now, things are looking good for the railroads and the economy despite the many threats, such as a potential trade war, that could bring change quickly.”
Board chair, directors, managers and chief wharfinger named.
The digital freight forwarder added Thailand and Malaysia as import countries to its online platform.
The Agricultural Marketing Service clarifies “that honey packers must include conspicuous and indelible labeling.”
USTR undergoing annual check for unilateral U.S. trade preference program for countries in sub-Saharan Africa.
Loops will be reduced from five to four at the end of July.
FTR Transportation Intelligence says operators are ordering new vehicles in such large volumes that production can’t keep up due to a lack of available components.
Drewry warns worst-case scenario is that nearly 1 percent of world loaded traffic could be lost.
American Automotive Policy Council warns increase in tariffs “will undermine the enormous economic contributions the U.S. auto sector makes.”
Deepening and widening of channels will allow for two-way traffic of ultra-large containerships.
British International Freight Association says only shipping lines could receive payouts for port disruptions.
Logistyx is enhancing its parcel shipping SaaS solution through the acquisition of Transparix.
Matson will deploy the 3,600-TEU Daniel K. Inouye in the Hawaii trade.
The Athens-based containership lessor saw earnings fall 18.7 percent year-over-year in the first quarter despite rising revenues.
The new refrigerated containers are cooled with 3,000 of Carrier Transicold’s PrimeLINE refrigeration units.
“The livelihoods of all these people are at risk,” says international trade adviser.
The SCFI surged 9.3 percent last week, while the WCI was relatively steady compared with the previous week.
Plan for Gulftainer to take over Port of Wilmington passes CFIUS review.
Business still will be conducted in wake of Maffei’s departure.
North Carolina Department of Transportation investing up to $118.1 million in the 330-acre site.
CMA CGM founding president’s funeral service took place in Marseilles on Friday.
FAA has proposed a $1,466,775 civil penalty for alleged violations at two airports.
Report asserts that developing the necessary infrastructure to fuel ocean vessels using natural gas would only result in “meager” reductions in greenhouse gas emissions.
“Why does it take 18 years to build a bridge?” asks Long Beach executive director.
Shippers write to FMC in support of Georgia and South Carolina port authority proposal.
“Significant” increase in operational costs drives down expectations.
It all begins with a purchase order, say American Shipper webinar panelists.
Total value of cross-border trade between the United States and its partners in the North American Free Trade Agreement rose 11.3 percent year-over-year in April.
American Institute for International Steel: “The administration will probably celebrate the May data, but businesses and consumers will not.”
Major stock indices from around the world are down this week as the Trump administration continues to push the envelope on tariffs and trade.
Twenty-five percent duties on products originating in China scheduled to take effect July 6.
Drivers on the Triangle Expressway stayed in constant contact through wireless vehicle-to-vehicle communication technology.
Jensen is tapped as a commissioner; air cargo carrier announces leadership team appointments.
The Oregon-based railroad transportation and equipment manufacturer posted net earnings of $36.2 million for the quarter.
In 11th-hour decision, Chinese antitrust agency allows deal that will create third-largest container carrier.
Daylight and encounter bans will be lifted at the start of October.
Acreage utilized at Ontario International nearly tripling in new 30-year lease.
The growth rate is the slowest since the first quarter of 2017.
The United Nations is exploring potential uses of blockchain technology in achieving its goals of reducing poverty, ending hunger and raising living standards across the globe.
Allen Sutherland named VP of law; Messer promoted to sales manager.
The Maritime Safety Act of 2018 would require access to timely weather forecasts and voyage data recorders to float free after an incident.
American Trucking Associations says bill would provide “common sense” relief for drivers.
Electronic network connects air cargo carriers with postal providers.
Last-mile visibility startup will use the latest funds to increase its product offering and workforce.
The busiest seaport on the U.S. East Coast handled 551,117 TEUs in May, its fifth consecutive monthly record.
Austin-based freight broker plans to grow staff, space and reach.
Norwegian company aims to transform the way shippers, freight forwarders and carriers conduct negotiations.
Maritime Administration accepting applications for piece — or all — of $6.79 million.
CEO says intermodal equipment provider is “on track to meet the ambitious plans we set for ourselves.”
Brückner promoted to assistant vice president; Lengenfelder joins port marketing department.
Los Angeles/Long Beach terminals expect reforms to fees, appointments to be delayed.
Both of the primary indices slipped, with one showing a significant year-over-year decline.
The men reportedly were crushed by slabs of Corian they were unloading from a truck.
Containership Alexander Maersk reportedly had to wait days before receiving permission to put the rescued people ashore in Sicily.
New pool of officers will fill positions on board U.S.-flag domestic and deep-sea vessels.
Office of Management and Budget report also proposes privatizing St. Lawrence Seaway.
Goal is to demonstrate viability of fast-charging yard tractors at Pier T.
Trax Technologies and Veraction managing more than $10 billion in logistics spend for over 300 customers.
The government is investing C$167 million in road and rail infrastructure projects to improve efficiency.
Ontario-headquartered firm focuses on fashion, footwear and action wear.
“Extraordinary visionary” grew business from one vessel to third-largest container shipping company in the world.
Jacques R. Saadé, founding president of the CMA CGM Group, passed away Sunday, June 24, 2018 at the age of 81.
The tentative “handshake” deal averts what could have been the largest labor strike in the United States in more than 20 years.
Traders on Wall Street apparently were unimpressed by FedEx’s earnings beat, selling the stock down 6.4 percent from Monday’s closing price.
Environmental study also will look at pros and cons of building a freight tunnel to connect New Jersey and Brooklyn.
About 20 companies will visit Ethiopia, Kenya, Côte D’Ivoire and Ghana next week as part of the President’s Advisory Council on Doing Business in Africa.
Freight Transport Association tells government: Give us the tools to keep Britain trading
Funding green-lighted for vehicle-processing center at Port of Nanaimo.
Freightliner cites environmental benefits of deal with Japanese carrier.
Railway tracking record C$3.4 billion capital program for 2018.
A sweeping Office of Management and Budget report proposes converting the Postal Service into a privately held corporation and spinning off air traffic control functions from the FAA.
Study says physical infrastructure of container shipping is unlikely to change.
MSC blames a “challenging operating environment for business.”
Accelerating growth in both volumes and spending a signal that “U.S. economy is ignoring all of the angst coming out of Washington” about potential trade war.
The board approved $277.6 million in capital expenditures, the largest portion of which will go toward the Hugh K. Leatherman Terminal currently under construction.
Throughput at terminals operated by the Northwest Seaport Alliance slipped another 4.4 percent.
Georgia and South Carolina ports authorities say their goal is to improve the supply and condition of chassis.