The mid-Atlantic port on March 1 will commence the roll out of its motor carrier appointment system, dubbed “PRO-PASS TRS,” at Norfolk International Terminals (NIT) and will migrate it to […]
The World Container Index increased 5 percent since last week to $1,539 per FEU on the back of a final round of general rate increases before the annual Chinese New […]
Container volumes at the Port of Philadelphia (PhilaPort) grew 19 percent year-over-year in 2017, the fastest rate of any U.S. East Coast port, according to a statement from the port.
Spot container rates from Shanghai to Europe, the Mediterranean and the United States all increased since last week, according to the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index (SCFI).
The port is enhancing its entire 42-kilometer port area – from the City of Rotterdam all the way into the North Sea – with IBM Internet of Things (IoT) technologies […]
The review, expected to take up to three years, will perform a detailed analysis of the environmental effects and potential mitigation measures for the two alternatives identified for the port […]
Often referred to as the “father of the Chinese container shipping industry,” Li Kelin passed away Feb. 1, 2018 in Shanghai, according to a statement from China COSCO Shipping.
The mid-Atlantic port handled a record 596,972 containers during 2017, an 11 percent increase over its previous high-water mark of 538,567 containers set the year before.
The container terminal operator handled 14.41 million TEUs in 2017, a 1.4 percent decline from the prior year.
Cargo Network Services has appointed Michael White to serve as president, succeeding Lionel van der Walt, who left the organization earlier this year to become executive vice president and CEO […]
The CESI Wenzhou is to sail under a long-term charter contract to transport liquefied natural gas that SINOPEC is purchasing from the Australia Pacific LNG Project, a producer of natural […]
The publicly-traded global logistics software provider used an existing line of credit to fund its acquisition of Aljex Software, a cloud-based, back-office transportation management solutions provider used by nearly 400 […]
U.S. Customs and Border Protection is transforming revenue collection at ports of entry from hard currency and paper check, to online and electronic options through its Revenue Modernization Program.
Members of the North American Free Trade Agreement closed the anti-corruption chapter during the sixth round of negotiations, however, the United States and Canada disagreed over trade balance numbers.
A former Canadian prime minister, former Mexican commerce secretary, and former U.S. ambassador to Mexico said during a Senate Foreign Relations Committee hearing that Washington should recognize the benefits the […]
President Donald Trump said he’d be open to the United States joining the Trans-Pacific Partnership if it were improved, while reports have surfaced that Canada agreed to join 10 other […]
The finding from the International Trade Commission (ITC) of no domestic injury from large civil aircraft from Canada will prevent the U.S. government from moving forward with hefty duties on […]
The U.S. Treasury Department’s Office of Foreign Assets Control has added five more North Korean shipping companies and their vessels to its growing sanctions list.
During joint committee discussions between United States and South Korean trade officials held this week in Seoul to amend the U.S.-Korea Free Trade Agreement (KORUS), the U.S. emphasized steps to […]
The Bureau of Industry and Security added 21 people under 23 entries to the Entity List, the agency said.
With the recent retirement of Beverly Simmons, the U.S. Department of Agriculture appointed Cheryle Blakely to serve as deputy administrator of the Animal and Plant Health Inspection Service’s (APHIS) International […]
Businessman Peter Zuccarelli was sentenced by a U.S. district judge this week to 46 months in jail for his role in conspiring to smuggle and illegally export hardened integrated circuits […]
The U.S. Drug Enforcement Administration temporarily extended the Schedule I status of the synthetic cannabinoid MAB-CHMINACA for one year past its current expiration of Feb. 4, or until a permanent […]
The Commerce Department has announced preliminary antidumping duties on imports of certain tapered roller bearings from South Korea, with Commerce Secretary Wilbur Ross stating that trade partners must “play by […]
The National Marine Fisheries Service will list the oceanic whitetip shark (Carcharinus lonigmanus) as threatened under the Endangered Species Act, with the final rule taking effect March 1.
The U.S. Commerce Department has preliminarily determined that 14 companies undergoing an antidumping duty administrative review on solar products from Taiwan had no shipments during the period of review, from […]
The Atlanta-based parcel giant posted a net income of $4.9 billion for the full year on revenues of $65.9 billion, year-over-year increases of 30.1 percent and 8.2 percent, respectively, according […]
President Donald Trump’s push for Congress to pass a bill that generates at least $1.5 trillion in infrastructure investments has gained strong support from various trade organizations.
The two emerging technologies unveiled near the Southern California port Wednesday include one geared toward reducing airport equipment emissions, and the other designed to curtail emissions from drayage trucks.
The Atlanta-based parcel giant’s additional order for 14 more 747-8 and four 767 freighters was fueled by increasing customer demand for air cargo capacity.
Now North America’s largest provider of truckload services, Knight-Swift Transportation Holdings recorded a net income of $447.6 million on revenues of $1.4 billion for the quarter, according to the newly […]
Hyundai Merchant Marine will transport 10 million tons of crude oil from the Middle East to South Korea over a period of five years, from July 1, 2019 through Aug. […]
The Shippers Conditions Index stood at a “solidly negative” reading of -8.9 in November, according to freight transportation intelligence firm FTR.
Jeff Miles, who recently worked as a senior executive with the North Carolina State Ports Authority and a native Indianan, will serve as director of the Port of Indiana-Jeffersonville.
The United States Department of Agriculture’s Animal and Plant Inspection Service will start allowing orchid plant imports of the genus Dendrobium from Taiwan effective March 1.
U.S. Chamber of Commerce adds two to International Affairs division; Hoyer Group appoints chief financial officer; CEVA hires managing director for UK, Ireland and Nordics; and CSafe Global names two European […]
The Japanese logistics company and its numerous subsidiaries operate in 44 countries across the globe, with its foothold in the United States dating back to 1962.
NYK Line, MOL and “K” Line, which will combine forces April 1 as the Ocean Network Express (ONE), all turned a profit during the nine months ended Dec. 31 after […]
During Tuesday evening’s State of the Union address, President Donald Trump called on Congress to develop legislation that generates at least $1.5 trillion for new infrastructure.
Companies in the shipping and logistics industry would be wise to view every technological product and pitch as an attempt to gather their data.
Global air cargo demand rose 9 percent last year, more than double the 3.6 percent annual growth recorded in 2016, according to the latest data from the International Air Transport […]
Port of Oakland Executive Director Chris Lytle said all transpacific services currently calling the port hit Los Angeles or Long Beach first, resulting in more imports being discharged at those […]
The ocean carrier will launch a new service network between Asia and South America’s West Coast, Mexico, Central America and the Caribbean in April.
The Texas port handled 38.3 million tons of cargo throughout the year, including 2.46 million TEUs, both of which were new records for the port.
Jawaharlal Nehru Port Trust’s (JNPT) fourth terminal commenced operations with last week’s berthing of CMA CGM’s Centaurus.
Despite C.H. Robinson’s full-year net income slipping 1.7 percent from 2016, in the fourth quarter alone, the third-party logistics provider’s net income surged 24.7 percent from 2016’s fourth quarter.
Uffe Ostergaard, who has experience working at United Arab Shipping Co. and Maersk, will officially succeed Wolfgang Freese as Hapag-Lloyd’s North America president on April 1.
The French logisitcs company acquired a majority stake in Danish freight forwarder Global Solutions A/S to further its global end-to-end offering in the Scandinavian markets.
Tiger Cool Express appoints chief commercial officer and executive vice president of operations, FedEx names president of FedEx Express Europe and CEO of TNT, DACHSER promotes COO of air and […]
At the existing pace of bridge repair and replacement work, it will take 37 years to remedy all the nation’s current structurally deficient bridges, according to a report released by […]
The online marketplace, which connects shippers with carriers, said it will use the financing it received through Sequoia Capital to help keep qualified drivers from leaving the industry by keeping […]
Omaha, Neb.-based trucking operator and logistics provider Werner Enterprises saw its fourth quarter and full-year net income spike 547 percent and 156 percent, respectively, thanks in part to a $110.5 […]
The French conglomerate said its startup incubator, dubbed Ze Box, will house and facilitate the digitalization initiatives already put forth by the company.
Shipment volumes for the month slipped 0.3 percent from November, but were up 7.2 percent compared with December 2016, while expenditures were up 0.3 percent sequentially and 16 percent year-over-year, […]
The German ocean carrier has announced that seven, 4,101-TEU containerships will be recycled in an “eco-friendly manner.”
The Geneva, Switzerland-based ocean carrier’s new roll-on/roll-off service between Europe and West Africa will commence Feb. 19 out of Le Havre.
The proposed project would have potentially brought hundreds of thousands of crude oil to the Port of Vancouver USA each day for export to refineries on the U.S. West Coast.
Under the terms of the contract, Kuwait & Gulf Link Transport will procure, import, store and distribute food products from both the United States and local sources to support more […]
The mid-Atlantic port on Thursday is scheduled to receive its first six rail-mounted gantry cranes abouard the heavy load carrier Happy Buccaneer as part of a $217 million contract with […]
Faster transit times on the trade will be achieved on Mediterranean Shipping Co.’s revised MedUSEC and MEDGULF loops starting in March, according to the Geneva, Switzerland-based ocean carrier.
The Mediterranean seaport saw container volumes and total cargo traffic jump 32.3 percent and 26 percent, respectively, from 2016 levels.
Construction on the 30,000-square-meter container yard began last year, and the next phase, which includes a distribution center, will be completed in June.
UPS chief commercial officer retires; Union Pacific names western regional vice president; and CFI promotes new president, and hires senior vice president of sales and operations.
The LogisticsExchange’s launch last week added weight to other entrants trying to smooth rate volatility in freight markets through forward-looking mechanisms.
The U.S. Army Corps of Engineers approved a project to deepen the port’s channels and harbor to 55 feet and widened to 1,300 feet.
Robert Mottley’s larger-than-life presence, irresistible charm and sense of humor eased both anxious and reserved shipping executives during interviews, and allowed them to discuss their businesses, as well as careers, […]
The Memphis, Tenn.-based parcel giant’s decision to increase workforce compensation by more than $200 million, effective April 1, was fueled by the recently passed U.S. Tax Cuts and Jobs Act.
Global economic output is estimated to have grown 3.7 percent last year and is projected to accelerate to 3.9 percent in 2018 and 2019, according to the International Monetary Fund’s […]
United States gross domestic product increased at an annual rate of 2.6 percent in the fourth quarter of 2017, according to the “advance” estimate from the Department of Commerce, down […]
Kawasaki Kisen Kaisha, Ltd. and Nippon Yusen Kabushiki Kaisha began joint discussions with two other Japanese companies regarding the commercialization of a new venture to supply liquefied natural gas as […]
The nation’s five major West Coast container ports collectively handled 5.9 percent more inbound TEUs in November 2017 compared to a year prior, according to data released by the Pacific […]
The Dubai-based port terminal operator has joined with India’s National Investment and Infrastructure Fund (NIIF) to increase investments in the country’s ports, terminals, transportation and logistics businesses.
Jacksonville, Fla.-based ocean carrier TOTE Maritime said that a technical review of Piers 1 and 2 in Honolulu Harbor showed that significant improvements and upgrades would be required to accommodate […]
The German ocean carrier’s new loop between the Port of Jeddah and the east coast of Africa set to launch in April will initially deploy four, 1,200-TEU ships.
The French ocean carrier will place the 20,600-TEU Antoine de Saint Exupery on its Asia-North Europe FAL 1 loop on Feb. 6.
The weekly service will operate with two vessels between Florida’s Port of Pensacola and the Port of Coatzacoalcos in Veracruz, Mexico.
The collaboration will see the big box retailer Walmart and Japanese e-commerce marketplace Rakuten team up to launch an online grocery delivery service in Japan, and offer eBooks and audiobooks […]
The U.S. Commerce Department on Friday amended the dumping margin assigned to Baoding Mantong Fine Chemistry Co. Ltd.
The finding from the International Trade Commission (ITC) of no domestic injury from large civil aircraft from Canada will prevent the U.S. government from moving forward with hefty duties on […]
South Korea will host United States trade officials Jan. 31-Feb. 1 for talks on amendments and modifications to the U.S.-Korea Free Trade Agreement in Seoul.
The growth in container transport volumes helped Orient Overseas Container Line increase its liner revenues 15.4 percent compared with the previous year, according to the Hong Kong-based ocean carrier’s most […]
Construction on Port Canaveral’s new, multi-purpose cargo berth is expected to start in March, with a completion target of mid-2019, allowing the Floridian port to accommodate a growing cargo portfolio […]
The World Container Index rose 1.7 percent since last week to $1,465.72 per FEU, according to the latest assessment by London-based Drewry Shipping Consultants.
The southern Chinese port handled 13.9 million TEUs in 2017, and saw an especially sharp increase in container volumes on the North American trade during the year.
The Port of New York and New Jersey is experiencing crippling delays at its ExpressRail terminals as winter storms in the Midwest prevented necessary rail equipment from reaching East Coast […]
The total value of cross border trade between the U.S. and its partners in the North American Free Trade Agreement reached $100.6 billion in November 2017, with all five major […]
The Airforwarders Association (AfA) and The International Air Cargo Association (TIACA) have signed an agreement that will see the two groups cooperate on air cargo matters and mutually promote each others’ services.
The Brazos Rail Yard in Robertson County, Texas will have the capacity to switch up to 1,300 rail cars per day, making it one of the highest capacity yards in […]
The international freight forwarder opened a 180,000-square-foot distribution center in Medley, Fla. to primarily handle high valued electronics, cell phones, computers, liquor and duty-free travel retail.
CMA CGM hires group senior vice president of IT and transformations, while Port of Stockton elects new chair and vice-chair for 2018, and Intermarine names Mexico country manager.
The board of directors of Jacksonville, Fla.-based Class I railroad CSX will vote Feb. 7 on a resolution that would require its chief executive to receive annual physical examinations, according […]
The Office of the U.S. Trade Representative said the World Trade Organization rules are not keeping China in check, and the United States should not have supported China’s 2001 entry […]
U.S. Customs and Border Protection’s post-9/11 supply chain security program is ready for an update, but the industry has remained concerned about implementing changes.
A draft of President Donald Trump’s national infrastructure plan was leaked to and reported on by Axios on Monday, showing how the White House intends to incentivize infrastructure funding by […]
Cargo arriving into the United States aboard passenger or cargo-only flights originating from Egypt, Jordan, Qatar, Saudi Arabia and the United Arab Emirates will undergo additional screening.
Canada is expected to propose that content percentages under the revised trade deal account for “a whole host of things” not directly related to manufacturing, according to Jerry Dias, president […]
The two bills introduced Tuesday by Sen. Bob Menendez, D-N.J., would terminate Generalized System of Preferences benefits for countries that do not meet “minimum standards” for the elimination of human […]
Railroad industry associations from the United States, Canada and Mexico sent a rare joint letter to their respective trade negotiators as the latest round of discussions over a new North […]
U.S. President Donald Trump has until April 19 to decide on potential remedies stemming from the Commerce Department’s report on potential national security threats related to imports of aluminum from […]
