FMC issues report on detention, demurrage and free time
Fees are having “negative impact” on the fair, efficient and reliable movement of ocean cargo, according to a new report from the Federal Maritime Commission.
Stay Up to Date on the Cargo Shipping Industry
The outbreak of the COVID-19 pandemic had a negative impact on shipping industry growth in 2020. With the world in lockdown, demand for non-essential consumer goods (and the means to ship them) decreased. Shipment of manufactured goods also decreased as factories closed in an effort to slow the spread of the virus. On top of that, China — one of the world’s largest exporters — was at the center of the pandemic, leading several countries to stop trade with the nation altogether.
According to the United Nations Conference on Trade and Development (UNCTAD), maritime shipping industry growth will likely slow or remain flat in 2023, driven by inflation and the ongoing war in Ukraine. For the overall 2023–2027 period, UNCTAD predicts growth at an annual average rate of 2.1%, slower than the previous 30-year average of 3.3%.
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Fees are having “negative impact” on the fair, efficient and reliable movement of ocean cargo, according to a new report from the Federal Maritime Commission.
The U.S. Surface Transportation Board approved a joint proposal by Anacostia Rail Holdings’ Louisville & Indiana Railroad and CSX to upgrade the rail line.
Combining the tanker fleets would result in larger and stronger business, says Milaha.
The two agreements announced Friday will allow U.S. producers to export slaughter cattle to Mexico and expand pork shipments to Peru.
Approximately 4,000 barrels of fuel oil spilled into the Bolivar Roads Precautionary Area waterway, according to the National Transportation Safety Board.
COSCO, Wan Hai and PIL will all take slots on the new loop connecting South Korea, China, Taiwan and Singapore with the United Arab Emirates.
Transportation, Commerce and State departments will review comments alleging sudsidies for Emirates Airline, Etihad Airways and Qatar Airways
MOL shuffles senior management with commercial chief, VP appointments, while Finnair appoints VP of global sales.
Lower bunker prices are a temporary windfall that won’t last, according to predictions from Boston Consulting Group.
Rates from Shanghai to the U.S. West and East Coast, however, have risen in the wake of recent GRIs.
LNG exports should be carried in American vessels, says the ranking member of the House Committee on Transportation and Infrastructure’s Subcommittee on the Coast Guard and Maritime Transportation.
Heavy ice and lack of icebreaking resources from both the U.S. and Canada are to blame for the decline, according to the Lake Carriers’ Association.
The California port hopes the new facility will attract some first-port inbound calls from Asia.
The facility is part of a two-part construction project to provide a large rail interchange at the west end of the Texas port’s inner harbor area.
The so-called “flora container,” developed by Unit45, allows plants and flowers to be transported by multimodal rail.
CSX names treasurer, while Shipco Transport appoints a new Chicago general manager.
“It’s a recipe for disaster if we continue to do nothing,” Port of Tacoma Chief Operating Officer Don Esterbrook told port comissioners.
At least four separate thefts have occurred at airports in Brazil since February, according to FreightWatch International.
An important figure in the evolution of U.S. transportation industries, Daniel J. Kerrigan retired from ACL in 1987.
App has a range of other functions and is available from the Apple App Store and Google Play.
Containership charterer also expects delivery of an additional vessel this month.
Airfreight tonnage increased more than 12% year-over-year in the first quarter of 2015 at Shanghai Pudong Int’l Airport Cargo Terminal Co., Ltd.
The federal agency said India met its ICAO safety standards and has now received a Category 1 rating.
Company emphasizes collaboration through tabletop simuation game.
Alleged hazardous materials shipments were offered for air transport without proper paperwork and package labels.
DB Schenker Rail UK wins coal contract from Drax Power Station, CMA CGM opens intermodal corridor from Port of Libreville, Woodland Media moves to larger warehouse facility, and Swissport Brussels […]
Ports are still jammed with import cargo waiting to be loaded on trucks and trains, according to the Global Port Tracker report from the National Retail Federation and Hackett Associates.
International Container Services Inc. will seek other customers for Portland, Oregon container terminal, but says “strong-arm” tactics by ILWU must end.
Combined companies will a have fleet of 70 dry bulkers.
Car volumes increase 38.8% percent in February of 2015 compared with 2014 levels.
The over 2 million TEUs handled by APMT in fiscal 2014 accounted for 45% of total container volume at Jawaharlal Nehru Port in Mumbai, India.
The airline attributed the Q1 2015 growth to new destinations and improved connectivity with its hub in Moscow, Russia.
The agency alleges Optisource offered three undeclared hazmat shipments to UPS for air transport to Puerto Rico and Canada.
American Airlines Cargo adds three European cities to summer schedule and CenterPoint Properties acquires 27-building portfolio in Houston.
Union Pacific has named new VP of HR and TRIOSE appointed a new EVP.
The French ocean carrier says Kingston will be major transhipment hub after the expanded Panama Canal opens next year.
Regulators need to tell alliance cross traders “enough is enough,” says Lidinsky.
Return of carriers is a signal West Coast port slowdown is fading, according to the Northern California port.
German carrier’s departure follows decision by Hanjin to leave the port earlier this year.
MEDGULF service will call at Houston.
Manager did not comply with stricter California regulations, according to the International Transport Intermediaries Club.
The Lake Oswego, Ore.-based railroad transportation equipment supplier had profits $50.4 million on revenues of $630 million for the quarter ended Feb. 28.
The Japanese ocean carrier said its new China Straits Express loop will commence April 27 from Qingdao.
Swiss WorldCargo increases its services via parent Swiss International Air Lines’ summer flights, Con-way Multimodal Expands in Bentonville, while Inchcape Shipping Services opens new office Mozambique.
Hub Group names chief information officer, while senior executives were appointed at Overseas Cargo, Atlas Logistics, and A.N. Deringer.
The poor performance underscored the importance of the tentative labor agreement with the ILWU, according to the consulting firm SeaIntel.
The truckload and less-than-truckload transport company will give Montreal-based Dicom cross-border capabilities between the U.S. and Canada.
The U.S. Justice Department said AMA United Group, Malak Neseem Swares Boulos, and Amged Kamel Yonan Tawdraus pleaded guilty to Arms Export Control Act violations.
U.S. steel exports slipped to less than 900,000 net tons in February, after being above 1 million net tons last November.
The Great Lakes waterway is hoping for a repeat of 2014’s strong volumes.
Menlo Logistics expands in India, AirBridgeCargo Airlines adds twice-weekly service to Los Angeles, UTi’s relocates Frankfurt office for airfreight and pharmaceutical customers, and Dayton Freight opens new service center in […]
Flash Global has named two senior VPs, while MyUS.com appointed a new CEO.
Five-year contract now goes to rank and file union members for a ratification vote.
Vessels can come to berth without delay, according to a statement from the Northern California port.
“Street turn” enabler said it has plans to enter the Montreal and West Coast North America markets as well.
The logistics and supply chain solutions provider will retain the staff of D.D. Jones Transfer & Warehouse Co. and continue to operate its Chesapeake, Va. facility.
The International Air Cargo Association of Chicago and the Chicago Customs Brokers and Forwarders Association say, “Things are a mess at O’Hare right now.”
CEVA Logistics appointed EVP of global automotive sector, the National Retail Federation added two members to its government relations team, while Tatham Macinnes LLP hired a new partner.
The $461m purchase of Maher’s Canadian terminal will allow the Dubai-owned port operator to increase its U.S. business.
Additional alliance loop will offer more consistent service, according to 2M member Maersk Line.
Turnover rates at both small and large truckload fleets was over 90% for the full year in 2014, according to recent figures from the American Trucking Associations.
Short-term minimums are designed as a supplement to service contract rates recommended by members of the Transpacific Stabilization Agreement last October.
The parcel carrier and logistics provider will build 15 additional compressed natural gas fueling stations to support 1,400 new CNG vehicles.
IAG Cargo transports white rhinos from South Africa to the U.S., AirBridgeCargo adds service to Vietnam, MOL and World Logistics Services establish joint sales and marketing unit, and SPARX opens […]
Election proceeded despite the request for a restraining order.
January 2015 totals for U.S.-North American Free Trade were higher than the previous year for rail, truck and air transportation, according to figures from the Department of Transportation’s Bureau of […]
CEO of the forwarding and logistics company says it is implementing a new strategic direction.
The group of companies, which includes its Canada Post segment and three non-wholly owned principal subsidiaries, reported net profits of $198 million in 2014.
CMA CGM receives its largest containership ever and alters EURAF 4 loop, while CaroTrans launches direct Le Havre-to-Charleston LCL service.
NATA VP announces retirement, while NTSB swears in new vice chairman and Port of Cleveland appoints board chairman.
After extensive debt restructuring, the Israeli ocean carrier aims to “return to profitability and growth in 2015.”
The integrated logistics provider saw increased revenues in both its Global Integrated Logistics and infrastructure business units.
Revenues for the Taiwanese ocean carrier were 3.6 percent higher than in 2013.
The Hamburg-based logistics provider and terminal operator grew operating profits 10% on a 5.4% increase in revenue compared with 2013.
“K” Line takes delivery of 14,000-TEU containership Millau Bridge, while World Distribution Services opens a new facility in Cincinnati, Ohio.
MOL selects new chairman and president, while DCLI appoints chief marketing officer and the Port of New Orleans names board leaders.
The Transportation Department will add conditions to ensure the airline maintains its daily service in the Seattle market year-round.
Two brothers were sentenced Friday in federal court in New York to serve three years in prison for smuggling firearms from the United States to the Philippines.
Imports of U.S. steel dropped 18.5 percent to 3.58 million net tons between January and February, according to the American Institute for International Steel.
OOCL launches new intra-Asia service, NYK establishes logistics subsidiary in Myanmar, Cavotec wins 10m euros in port equipment orders, and Braemar SA opens dedicated office in Turkey.
Volumes benefited from gains on East-West routes as well as regional and specialty brands, according to the French ocean carrier.
The German ocean carrier said its financial results were impacted by costs from merger with Chilean liner CSAV.
The new container service will connect ports in China, Taiwan and South Korea with Mexico, Colombia, Peru and Chile.
Carrier general rate increases seen as “increasingly arbitrary and stratospheric.”
Dissidents worry about future of the “last militant union in the U.S.”
TeamOne Logistics appoints CEO, while Menlo Logistics promotes director of transportation strategy.
Real time data needed for distributing, marketing, promotional and sales activities, according to the Global Shippers Alliance.
The railway attributed the increase primarily to strong volume growth in its intermodal and merchandise businesses, offset by a decline in coal.
The vessels will be used in the Baltic and North Sea by Maersk’s intra-European unit Seago.
Chief Executive Officer David Abney’s salary grew 104.9% in 2014, according to investment advisor Seeking Alpha.
39-year-old Nicolas Burr was formerly CFO of Santiago, Chile-based ocean carrier CSAV from 2012 to 2015.
An education module has been developed jointly by the country’s oil companies and railroads for first responders to derailments of trains carrying crude oil.
The legislation would immediately halt the use of older-model tank cars that have a high risk of puncturing and catching fire in derailments.
The Army Corps of Engineers officially opened the Soo Locks at midnight Tuesday, kicking off the 2015 Great Lakes shipping season.
Marseille-Fos wins Ivory Coast banana import contract and begins rail shuttle between container terminals, TNT opens healthcare hub in the Netherlands, and Dayton Freight Lines introduces DFXpedited Service.
Momentum Transportation appoints VP of marketing, while LOC Group names two directors.
Port of Los Angeles commissioner sees a need for more forklift drivers to work fruit ships.
The container manufacturer and terminal operator increased profits thanks mainly to 13.6% revenue growth in its terminal business, according to the company’s 2014 financial results.
Sen. Tammy Baldwin introduced the Rail Shipper Fairness Act, which aims to reduce costs and service problems faced by a broad coalition of Wisconsin rail shippers.
The index increased 3% compared to February of 2014, according to the American Trucking Association.