Ocean Alliance scales back on Asia-Mideast trade
Loops will be reduced from five to four at the end of July.
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.
U.S. Chamber of Commerce president: “Tariffs that beget tariffs that beget more tariffs only lead to a trade war that will cost American jobs and economic growth.”
More than 2,000 comments were posted regarding Commerce’s Section 232 investigation, which could result in tariffs on imports of automobiles and automotive parts.
Twenty-five percent tariffs against $34 million worth of goods take effect Friday.
On June 2, 1973, the containership C.V. Sea Witch collided with the tanker Esso Brussels, sparking a catastrophic fire.
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.
Mississippi man took cash in lieu of administering exams.
The levels are required to be released annually and include beef, dairy products and various condiments.
Illinois company petitioned for the Commerce Department investigation.
“The livelihoods of all these people are at risk,” says international trade adviser.
Drafted legislation would give president authority to abandon World Trade Organization rules.
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.
CEO says company is improving internal controls, strengthening core operating functions.
Business still will be conducted in wake of Maffei’s departure.
Cargo vessel evacuated off Indian coast after fire broke out in mid-June.
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.
Transaction ban had been in place since 1997.
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.
SEC rule has been in place since 2014 and covers tin, tantalum, gold and tungsten.
In 11th-hour decision, Chinese antitrust agency allows deal that will create third-largest container carrier.
American Institute for International Steel seeks to block enforcement.
Ohio senator points to ongoing negotiations with the Trump administration on exempting Canada and Mexico from steel and aluminum tariffs.
Testifiers tell House committee the Chinese telecom giant poses competition and espionage-related concerns.
Becoming a “shipper of choice” is key to managing — even beating — any capacity crunch, according to Adam Robinson, marketing manager at Cerasis.
Daylight and encounter bans will be lifted at the start of October.
Acreage utilized at Ontario International nearly tripling in new 30-year lease.
Everett Eissenstat is the lead U.S. negotiator for international economic summits.
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.
Senate committee advances nominations of Karen Dunn Kelley and Peter Feldman.
The Maritime Safety Act of 2018 would require access to timely weather forecasts and voyage data recorders to float free after an incident.
Panelists will tackle “The Key to Frictionless Global Supply Chain Execution.”
Trump administration hopes to use legislation to vet investments into the U.S. by Chinese and other overseas entities.
Legislation would require Congress to sign off on any executive branch moves to adjust imports on the basis of national security.
American Trucking Associations says bill would provide “common sense” relief for drivers.
A comprehensive IT upgrade can be a tough sell to management, but cloud services may offer a silver lining, says Monica Rathbun of Denny Cherry & Associates Consulting.
Electronic network connects air cargo carriers with postal providers.
National Industrial Transportation League also wants more commissioners appointed to Federal Maritime Commission.
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.
About two miles of track is located in the Atlanta region.
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.
Amendments to the Toxic Substances Control Act will affect certain importers.
New pool of officers will fill positions on board U.S.-flag domestic and deep-sea vessels.
“Reconciliation of work and family life and prevention of harassment are key.”
Office of Foreign Assets Control names individuals to Blocked Persons List.
Notification of proposed production activity submitted to Foreign-Trade Zones Board.
U.S. citizens are prohibited from engaging in transactions with named enterprises.
Trump claims company’s response to EU retaliatory tariffs will hurt its “aura.”
The list of U.S. exports now subject to additional duties includes steel and aluminum products as well as corn, whiskey and cigarettes.
An editorial in the state-owned China Daily calls protectionist policies coming out of the United States a “symptom of paranoid delusions.”
Office of Management and Budget report also proposes privatizing St. Lawrence Seaway.
The Trade Finance Advisory Council recommended that the Trump administration consult with the Export-Import Bank to utilize ex officio members to get it fully functioning.
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.
Complaint alleges British Columbia gives unfair advantage to province’s vintners.
SnapRays says imports of certain powered cover plates are infringing its intellectual property rights.
Fuyi Sun violated the International Emergency Economic Powers Act with illicit carbon fiber exports.
Two men placed on Blocked Persons List.
The Commerce Department has determined the level of antidumping duties for imports low-melt polyester staple fiber from South Korea and Taiwan.
Analyst also says such an agreement could foreshadow a more hawkish U.S. approach to trade during the 2020 election season.
“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.
China Steel Innovator rammed into Evergreen’s Ever Laden at Taiwan port.
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.