Sources said the South Korean liner carrier will lay off about 180 members of its 500 person workforce in the United States on Friday.
U.S. gross domestic product increased 1.4 percent in the second quarter of 2016, according to the “third” estimate from the Department of Commerce, following a revised increase of just 0.8 […]
Japan’s Kintetsu World Express’ wholly-owned subsidiary, APL Logistics, said its employees are retracting earlier statements they made last week regarding “K” Line’s financial position.
Hanne B. Sørensen, chief executive of A.P. Møller-Maersk’s third-party logistics subsidiary, will be replaced by current Maersk Line Head of East West Trades Klaus Rud Sejling, the company said in […]
The Japanese carrier said it will use the funds to invest in its growth, boost the company’s earnings base to increase business competitiveness, and to raise funds for vessel-related facilities.
The chief executive officer of SSA Inc., Knud Stubkjaer, who has over 35 years of expertise in the transportation, terminal operations and logistics industry, received the 2016 Connie Award.
Airports Council International, a trade association representing the world’s airports, has approved a resolution to support the United for Wildlife Transport Task Force campaign.
The Danish container carrier ordered 14,800 new refrigerated cargo containers, lowering the average age of its reefer equipment fleet to 7.9 years old, well below the industry average, the company […]
The Japanese ocean carrier has acquired a 25 percent share of EMAS Chiyoda Subsea, a construction firm specializing in offshore and subsea oil and gas facilities, from Singapore’s Ezra Holdings […]
The Ottawa-based Chamber of Marine Commerce will take over the operations of the Canadian Shipowners Association.
United European Car Carriers, a joint venture between ocean carriers NYK and Wallenius Lines, received the world’s first pure car and truck carrier capable of running on liquified natural gas […]
Starting Oct. 1, the Pacific Northwest port will be accepting applications for a new, permanent chief executive officer and executive director to replace the outgoing Todd Coleman, who stepped down […]
The Hong Kong-based third-party logistics provider has renamed Albini & Pitigliani Sverige AB, known as ALPI Sverige, Kerry Logistics (Sweden) following the integration of the company’s businesses.
Norfolk Southern’s chief legal officer retires, while SynchroNet Intermodal Services names DoorLogistics sales director and Alliance Shippers appoints assistant vice president of sales.
The Port of Montreal has plans for a new terminal in Contrecoeur, while DP World signed a lease in July to expand and operate the Rodney container terminal in Saint […]
The commission said it has “reasonable grounds” to suspect the carriers engaged in collusive practices to fix incremental cargo rates from Asia to South Africa.
The International Transport Workers’ Federation criticized the U.S. Customs and Border Protection (CBP) saying it was told by CBP that it had concerns crew could try and jump ship due […]
Ron Widdows, the former chief executive officer of both Neptune Orient Lines and Rickmers Holding, told American Shipper he thought Hanjin Shipping handled its financial collapse “pretty badly.”
The terminal’s two berths became available earlier in 2016 when a lease with a bulk cargo operator ended, and although the port is mainly interested in responses to import/export bulk […]
The head of the French freight forwarder Logfret, Christian Millet, died Sept. 17 at the age of 58.
The ZIM operated Seven Star Service between Asia and the U.S. East Coast will be suspended for the winter slack season, but the Israeli carrier will join the G6 Alliance’s […]
Canadian Pacific’s president Keith Creel has called on the country’s transport minister to implement locomotive voice and video recorders (LVVRs) as soon as possible, citing the value of the devices […]
The weekly loop is scheduled to launch in November to meet agricultural season demand.
Newton Square, Pa.-based Sunoco Logistics Partners L.P. reached an agreement to purchase Vitol Group’s integrated crude oil business in West Texas for approximately $760 million plus working capital.
Crane Worldwide Logistics appoints senior director for life sciences, while Röhlig names air freight manager for Germany.
Various media reports have speculated the sale of South Korean liner carrier Hanjin Shipping, viewing COSCO and Maersk Line as possible buyers.
The International Longshore and Warehouse Union and the Pacific Maritime Association said exploratory contact extension talks are tentatively set for Nov. 1-2.
The Sydney, Australia-based third-party logistics provider will build two new purpose-built ships with 40 percent more capacity to support trade between Victoria and Tasmania, the company said in a statement.
The Massachusetts Department of Transportation awarded funds to seven projects expected to take 37,000 truck trips off state roads annually under the 2016 Industrial Rail Access Program, the department said […]
CSPL SPV, COSCO SHIPPING Ports Limited’s wholly-owned subsidiary, will have the controlling stake in the joint venture company that will operate the new Khalifa Port Container Terminal 2.
The Owner-Operator Independent Drivers Association has reached an agreement with the State of New York to refund a registration and decal tax in the amount of $44.4 million to trucking […]
The Sulaibiya, Kuwait-based third-party logistics provider has agreed to work with Maersk Line to cut carbon dioxide emissions by 15 percent per container as part of the Danish ocean carrier’s […]
The U.S. Justice Department said Kirby Inland Marine has agreed to pay $4.9 million in civil penalties and implement fleet-wide improvements to settle claims resulting from an oil spill in […]
The parcel giant’s package sorting and delivery center, located in Bielefeld, Germany and scheduled to be up and running by October 2017, will replace an existing facility in Herford, the […]
The Greek port saw profits for the first half of 2016 jump 5.6 percent year-over-year to 12.7 million euros, despite headwinds from a 28-day strike carried out by staff between […]
Under the renewed long-term agreement, XPO Logistics will continue to manage nine reverse logistics service centers for Leeds-based ASDA Stores, Ltd., as well as collaborate on environmental sustainability efforts.
The airline said it plans to launch flights from Los Angeles to Havana, Cuba Jan. 5.
AAGEX Freight Group appoints VPs, while MIC Customs Solutions names project manager.
Acquiring of one of the largest mail and parcel carriers in the United Kingdom will strengthen Deutsche Post DHL Group’s cross-border network and expand its customer base in Europe’s largest […]
Aviation industry officials and governments are expected to finalize a global climate change agreement at the International Civil Aviation Organization’s 39th Assembly in Montreal, which begins today, according to the […]
Association of American Railroads President and CEO Edward R. Hamberger said a report released by the Surface Transportation Board shows that changes to the existing regulatory structure would not benefit […]
The San Francisco-based freight forwarder, which has now raised a total of $94 million to fund global expansion, said it is constructing a new operating system for global trade that […]
Citing the ongoing economic slowdown in China and waning U.S. imports, the World Trade Organization on Tuesday slashed its 2016 global trade forecast to 1.7 percent from a previous projection […]
For the port’s 2016 fiscal year, the Paul W. Conley Container Terminal handled 247,329 TEUs, a 12 percent increase from the 2015 fiscal year.
The third-party logistics and freight forwarding arm of the Deutsche Post DHL Group launched SameDay Speedline, a global expedited airfreight service for urgent delivery of spare parts, critical medical supplies, […]
In addition, the Baltic Exchange has named Mark Jackson its new chief executive officer, who is replacing the current CEO Jeremy Penn.
Under the strategic partnership, Herzog Technologies will provide short-line railroad operator Watco Cos. with positive train control program management and back-office hosting services, according to a spokesperson for Watco.
Through a partnership with the Slovenian Pošta Slovenije and the Hungarian Magyar Posta, DHL Parcel Europe will provide shorter transit times for cross-border e-commerce services to both countries, the company […]
Under an expanded capacity sharing agreement, Finnair Cargo and IAG Cargo will launch three additional A350 flights per week between their respective hubs at Helsinki Airport in Finland and London […]
FedEx shuffles senior executives, while the Jacksonville Port Authority appoints new board officers.
The San Francisco-based freight forwarder, which has now raised a total of $94 million to fund global expansion, said it is constructing a new operating system for global trade that […]
The parcel carrier’s expedited shipping segment will raise prices by an average of 3.9 percent in Germany, effective Jan. 1, 2017, with prices in other countries varying based on local […]
The total value of cross-border freight between the United States and North American trading partners Canada and Mexico slipped another 6.4 percent year-over-year in June 2016, according to the Bureau […]
The London-based shipping research and consulting firm said that as currently planned, “The Alliance” will be “at a size disadvantage,” making up 24 percent of East-West capacity.
The South Korean carrier said certain providers have been charging its customers more than what it would have charged to transport cargo and has tried to intervene, taking its concern […]
The Massachusetts Port Authority said the Conley Terminal will be upgraded with an additional berth and three new cranes, while the Boston Harbor will be dredged to accommodate 12,000-TEU vessels.
Matt Rose, chief executive officer of the Berkshire Hathaway-owned Class I railway, said federal regulators should consider how the sharp decline in coal traffic is affecting the nation’s railways.
Regulators in the United Kingdom ordered Amazon UK Services Ltd. to pay 65,000 British pounds (U.S. $84,288.92) for four counts of “causing dangerous goods to be delivered for carriage in […]
The parcel giant and unmanned aircraft manufacturer CyPhy Works have begun joint testing of drone usage for commercial package delivery in remote or difficult-to-reach locations.
Maersk Group’s intra-Americas regional carrier SeaLand said its West Coast Central America service has begun including a direct call at the Port of Hueneme in Southern California.
Oslo, Norway-based Xeneta, a global benchmarking and market intelligence firm with a focus on the containerized ocean freight industry, has opened its first U.S. office in New York City.
Watco Supply Chain Services has introduced a new international division that will operate as a registered non-vessel operating common carrier and an indirect air carrier, the company said in a […]
The effects of the South Korean carrier’s decision to file for court receivership at the end of August is being felt widespread across thousands of businesses throughout the world.
Danish conglomerate A.P. Møller-Maersk is probably best known as the parent company of the world’s largest container shipping company, Maersk Line; the world’s third largest container terminal operator, APM […]
The need for strict adherence to the terms of a letter of credit was made painfully clear in a recent federal appeals court decision to uphold a district court […]
Terrorism’s long view American Shipper’s editor, Christopher Gillis, makes timely and cogent points in his August editorial about the need for continuing vigilance of security within international supply chains. […]
Liner carriers’ obsession with ever-larger containerships in recent years left them fat with capacity during a persistently ho-hum global market and thus desperate to fill their vessels. For shippers […]
The Shanghai Containerized Freight Index fell 7.6 percent from last week to a reading of 794.10, as the short-term boost spot rates experienced in recent weeks from Hanjin filing for […]
The recent declaration of bankruptcy by South Korean ocean carrier Hanjin Shipping is a symptom of what ails the container shipping industry, not the cure, as some analysts seem to […]
In addition, the port authority’s commissioners approved a $3.4 million contract with Hatch Associates Consultants to develop a long range maritime master plan for future growth.
The World Trade Organization ruled in favor of the United States in a long, drawn out dispute with the European Union and four of its member countries over subsidies to […]
APM Terminals appointed A.P. Moller Shipping Services Chief Executive Morten Engelstoft to succeed current CEO Kim Fejfer, who will be taking up a new role at APM Holding A/S, according […]
Thirty-five of the 97 containerships operated by the now insolvent South Korean ocean carrier have completed cargo unloading, Korea’s Yonhap News Agency reported Friday.
At only 10 years old, the 4,530-TEU Viktoria Wulff, owned by Erste RHW Schiffahrts and flagged in Liberia, is the newest containership so far this year to have been sold […]
Sealed Air Corp. chose XPO Logistics to manage its warehouse in Sturtevant, Wis. effective Jan. 16, 2017, with UTi Integrated Logistics ceasing operations at the facility Jan. 15.
Meanwhile, at its London Heathrow hub, IAG Cargo is establishing a new freight facility, which is set to commence operations in 2018 and will be twice the size of its […]
The Port of New Orleans elects board chairman, while CHA Consulting names head of Transportation Group.
The U.S. Federal Maritime Commission has received 37 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 37 ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from A-Logixtic Group, Houston […]
The U.S. Federal Maritime Commission has received 37 ocean transportation intermediary license applications and changes for review.
Meanwhile, the Port of Oakland said the softening of the U.S. dollar has resulted in an increase in the port’s loaded export volumes, which rose 8.8 percent year-over-year for the […]
Following the recent collapse of Hanjin Shipping, “there will be a wave of consolidation” in the industry and CMA CGM could participate even after its recent purchase of APL parent […]
According the Associated Press, the U.S. Treasury’s Office of Foreign Assets Control has granted permission to Boeing and Airbus to export commercial aircraft to Iran.
The firm’s maritime investment subsidiary will sell a portfolio of eight 8,500-TEU container vessels to an unnamed Asian finance syndicate, which plans to continue to use the ships for charter […]
Six armed men boarded the 1,708-TEU containership Windhoek yesterday while it was at anchor in West Africa, stealing money and valuables before fleeing the scene, according to a report from […]
MacAndrews and OPDR will acquire 4,000 new 40-foot pallet wide high cube containers.
The master developer and regulator of ports and industrial zones in Abu Dhabi saw a boost in net profits and revenues for the first half of 2016, and the amount […]
The air cargo space wholesaler opened a new office in Miami, which will handle local cargo, as well as transshipments from its global network on their way to South America.
The global real estate services firm has been named the exclusive leasing agent for a 244,000-square-foot warehouse in Jacksonville’s Southside submarket.
The Danish conglomerate said one division will focus on transport and logistics, while the other division will focus on energy.
The Danish conglomerate said one division will focus on transport and logistics, while the other division will focus on energy.
The Memphis, Tenn.-based integrator posted a net income of $715 million on revenues of $14.7 billion for the first quarter of fiscal year 2017, which ended Aug. 31, year-over-year increases […]
Edward Greenberg, the association’s general council, said the Federal Maritime Commission’s revision would offer “much needed flexibility” to non-vessel-operating common carriers when including rate and surcharge changes in their service […]
The Oakland International Container Terminal decided to make night gates permanent, financed through a $30 fee on all loaded import and export containers through the port.
In addition, the private equity firm launched a fully-owned subsidiary to manage shopping centers in India, focusing on turning around underperforming malls in the country.
The seasonally adjusted For-Hire Truck Tonnage Index equaled 141.8 for the month, up 5.7 percent from July and 5.9 percent compared with August 2015, following a 2.1 percent decrease the […]
Shipment volumes in August 2016 were relatively flat from the previous month, but expenditures slid 3.3 percent, while both were well below 2015 levels, according to the latest Cass Freight […]
The Greenbrier Companies, Inc. names president for Greenbrier International, while Transervice Logistics appoints New England business development director and Hoyer picks new Chemilog director.
The National Retail Federation, along with a coalition of 120 retail, manufacturing and agriculture groups, sent a letter to U.S. Secretary of Commerce Penny Pritzker asking her to continue to […]
The pilots of cargo plane operator Atlas Air Worldwide Holdings told the company they have “serious concerns” with the way a proposed contract with online retailer Amazon is currently being […]
