The National Association of Manufacturers hopes the pressure to vote on nominees will break years-long failure to restore the Export-Import Bank’s full loan-making authority.
Coyote Logistics Chief Strategy Officer Chris Pickett says shippers can benefit from the sharp drop in spot rates and believes the market still has yet to hit bottom.
Henriette Thygesen named chair, Chris Burruss tapped as VP, Paul Dollman appointed non-executive director and Jonathan Zier hired as business development manager.
The 14 senators in a letter earlier this week said implementing and enforcing the stricter sulfur standards would “fuel America’s growing energy dominance.”
FMC commissioners told during a meeting Wednesday there is “ample capacity” and freight rates have decreased.
OFAC said violations can be minimized if compliance programs include management commitment, risk assessment, internal controls, testing and auditing, and training.
President Trump was reportedly considering granting Puerto Rico a waiver in the requirement that U.S.-flag vessels be used to transport LNG from the mainland to the island.
Duty drawback programs and foreign-trade zones are two options, speakers said during a JAXPORT conference, but there are other ways to lower the financial obligation.
Mid-Ship Group agreed to pay $871,837 to settle violations of sanctions involving financial transactions from charter party agreements between IRISL and two of its ships.
When carriers cut ship speeds in the great recession, emissions fell. Now a group of companies says this phenomenon can be used to fight global warming.
“The dairy industry couldn’t be more clear: Pass USMCA,” said Rep. Mike Conaway of Texas.
The two sides will meet again in about three weeks to discuss how to pay for the package, which House Speaker Nancy Pelosi described as “big and bold.”
Gains in international intermodal offset by losses in domestic container and trailer moves.
The conversion to become IMO 2020 compliant is expected to happen in the fourth quarter.
The shipping management platform currently is available in seven countries but is expected to be offered globally by the end of the year.
Graham Westgarth is named CEO, Rob Rose is appointed president and Somer Webb is promoted to chief financial officer.
This year marks the 200th anniversary of the first steamship to sail across the Atlantic.
Speaker Pelosi and Senate Minority Leader Schumer wrote a letter to President Trump on Monday to outline priorities for Tuesday’s meeting about infrastructure.
Sharp increase in profit, revenues and volumes reflect the purchase of a majority interest in Orient Overseas (International) Ltd. last summer.
A chief operating officer is hired and board members are elected.
U.S. soybean exports have fallen in the past year in part because of the drop in exports to China due to tariffs and swine fever.
Passage of Mexican labor reform legislation was a key commitment included in the U.S.-Mexico-Canada Agreement.
DSV says it had “healthy top-line growth” and expects to close Panalpina acquisition in third quarter of 2019.
Deal signed to acquire 100 percent of the Offen Group subsidiary.
Capital Development will invest more than $172 million as part of the deal for the 1.075 million-square-foot facility.
“It became clear that we could become a stronger, more competitive organization by joining forces,” Trinity’s Jeff Banning said.
The interoperable messaging solution xTrade is designed to allow organizations to safely share information with suppliers and business partners.
The Shipping Act provides the FMC special oversight of government-controlled common carriers operating in U.S. trades to ensure “just and reasonable” rates.
Orient Overseas (International) Limited announced the sale for $1.78 billion of Long Beach Container Terminal to a consortium led by Macquarie Infrastructure Partners.
Hernán Rincón Lema is stepping down from airline holding company and Mike Stolzman is stepping in at port subsidiary.
Results of NYK, MOL and “K” Line suffer from loss by their joint venture, Ocean Network Express.
Tonya Davis allegedly said individuals had passed driver skills tests when she knew the exams had not been administered.
The event also marked the first berthing of a containership at the new ICAVE terminal.
But because so many containerships are relatively new, the pool of candidates for scrapping is limited.
The memorandum of understanding was signed during the recent Belt and Road Forum in Beijing to further develop links between China and Hungary.
“There is no appetite in Congress to debate USMCA with these tariffs in place,” the Senate Finance Committee chairman wrote in The Wall Street Journal.
The Treasury agency takes steps to implement a new sanctions list to punish foreign entities that interfere in U.S. elections, but the “final rule” is still in development.
A public session will be conducted after the U.S. and South Korean officials sit down in Washington in May.
The Port of Boston invests in marine terminal infrastructure to handle regional cargo going on and coming off increasingly larger containerships.
The port also is looking to speed up a project to widen its main shipping channel.
“Probably all undamaged containers will be on board” when the Hapag-Lloyd-owned ship departs from Freeport, which is expected to occur by early May.
Manufacturers should prepare for increased regional value content for the automobile sector, speakers said during an American Shipper webinar.
Richmond, Va.-based trucking company enters $15 million bid to obtain certain flatbed trailers from bankrupt New England Motor Freight.
The Office of the U.S. Trade Representative released its annual “Special 301” report on Thursday.
The Department of Homeland Security and Justice and State departments are working with counterparts in China, Mexico and Central and South America.
USDA’s Animal and Plant Health Inspection Service said the 25 percent reserve fund keeps its quarantine inspections program running during spikes in demand.
Ocean Network Express, the container shipping company owned by NYK, MOL and “K” Line, forecasts a profit in the current fiscal year.
The weekly stop in Vung Tau is expected to continue until early August.
Also recognized are ATS, J.B. Hunt drivers, Prologis, TOTE Maritime Alaska and 3Gtms.
CIT Group provides revolving credit line to the feeder ship company and shareholders vote to authorize additional shares.
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.
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.
Although the 150-year-old waterway had a record-breaking 2018, carriers are looking for ways to cut costs.
The meeting, which also will involve Senate Minority Leader Chuck Schumer, reportedly is scheduled for Tuesday morning.
State, Treasury and Commerce add five enterprises to the Cuba Restricted List for their connection to previously sanctioned Cuban government entities or individuals.
The companies will increase the number of services on which Hyundai Merchant Marine shares space from one to three.
The committee advises the office of the BIS assistant secretary for export administration on technical questions affecting levels of export controls.
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.
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.
Mexican Ambassador to the U.S. Martha Barcena Coqui on Monday said the U.S.-Mexico-Canada Agreement’s pioneering labor reforms shouldn’t be taken for granted.
The San Francisco-based fleet management platform for the trucking industry reportedly has a valuation of $1.2 billion following the latest funding round.
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
Individuals knowing of any reason why an applicant should not receive a license or amendment are urged to contact the Office of Transportation Intermediaries in Washington, D.C.
Individuals knowing of any reason why an applicant should not receive an OTI license or amendment are urged to contact the Office of Transportation Intermediaries.
The BIS and Census Bureau are preparing to release proposals to harmonize the Export Administration Regulations’ and Foreign Trade Regulations’ definitions.
The Class I railroad’s $2.9 billion capital investment plan in 2019 also includes nearly $600 million to be invested across five other states.
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.
BlueWater Reporting looks at various projects underway that will support the Port of Mobile’s growth as well as how it stacks up to other U.S. Gulf Coast ports.
Jointly owned Diamond Gas Sakura will transport LNG from Louisiana as part of a long-term time-charter contract.
The maximum award size is $25 million and no more than $90 million can be given to a single state.
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.
American Shipper will take an in-depth look at the new trade agreement in a webinar on Thursday.
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.”
The Commerce Department initiated the antidumping investigation after receiving a petition March 28 from three companies.
The European Commission considers list of U.S. exports that could be subject to billions of dollars in tariffs in response to the aircraft subsidy dispute before the WTO.
The updated service creates the first direct link between North Vietnam and the West Coast of the U.S. and Canada, ONE said.
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.
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.
A final draft on technical specifications and annexes for the World Customs Organization e-commerce framework is moving through the approval process, according to an official.
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.
