Shipping

The blaze broke out at Intercontinental Terminals’ bulk liquid storage facility in La Porte on March 17.

Taiwanese carrier says results were “significantly impacted” by fuel prices and that it is “cautiously conservative” on its outlook for 2019.

The purchase of the South African freight forwarding and logistics company is Rhenus’ fifth acquisition since November.

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.

Elected officials and industry leaders announced the growth Friday at events in Jacksonville and Tampa.

Dry bulk shipping around the northern coasts of Australia has been suspended, ports have been cleared of ships and land side operations have stopped owing to highly unusual circumstances – two very large, very strong, cyclones, Veronica and Trevor, are about to hit Australia near-simultaneously.

Details of the new deal will not be released until they are reviewed at a two-person meeting, but it will succeed the current agreement set to expire March 31.

The harbor commission delays a vote on permitting APM Terminals to automate its Pier 400 container terminal during a hearing that drew more than 2,000 people.

Dry bulk shipping around the northern coasts of Australia has been suspended, ports have been cleared of ships and land side operations have stopped owing to highly unusual circumstances – two very large, very strong, cyclones, Veronica and Trevor, are about to hit Australia near-simultaneously.

This C suite move follows news that Robert Biesterfeld will take the reins as CEO in May.

Treasury continues to expose ways that shipping companies evade U.S. and U.N. sanctions to handle exports and imports for the North Korean government’s financial benefit.

Two industry leaders spoke Thursday about ways shippers can become more efficient and create positive relationships with carriers during an American Shipper webinar.

Mike McClendon will lead Lineage Europe, and Tim Isik will direct cargo sales in Europe, the Middle East and Africa.

The South Korean shipping company will share the cost of installing scrubbers on its ships with the government and suppliers of equipment and fuel.

Members of the ATA and OOIDA had differing views of the article published by the Bureau of Labor Statistics.

The shipping line carried a record number of containers and has entered into a cooperation agreement with Maersk and MSC on several trades it says will reduce costs.

The workforces of both companies will be integrated after the sale closes, which is expected in the coming weeks.

“What shippers most need to know — are desperate to know — is when their cargo is actually available for pickup,” FMC Commissioner Rebecca Dye said.

The ITS MARAD study found off-site staging areas with autonomous shuttles or virtual gates offer ports the best benefit-cost ratios.

The California Trucking Association is continuing to challenge a California Supreme Court decision that it says amounts to an “essential outright ban on independent contracting.”

Three women — an engineer, geologist and accountant — are tapped for new roles.

The ITF and WSC issue reports to support their competing views as European regulators weigh extending antitrust protection for vessel-sharing arrangements.

The executive director of Washington state’s Port of Grays Harbor will be installed as chairman for a one-year term in October.

The report found the nation’s seaports’ contributions to the economy have increased since the previous nationwide report published in 2014.

A year after the launch of an electronic truck reservation system, truck turn times at the Virginia International Gateway terminal are down about 32 percent.

Industry leaders will address “Navigating a Carrier’s Market: Becoming a Shipper of Choice” at 2 p.m. EDT.

The $27 million transaction, which is expected to close in April, will help the Tennessee-based company expand its final-mile delivery services.

World Shipping Council CEO John Butler says breakthroughs will be needed to reduce greenhouse gas emissions.

Maersk, which has been reducing its holdings in Total over the past year, says it sold shares worth about $1 billion.

Rodolphe Saadé, CEO of CMA CGM, is expected to be elected as chairman of CEVA during annual meeting in April.

NFI Industries will use the acquisition of the Seattle-based firm to expand its non-asset intermodal services, especially in refrigerated transport.

“A stalwart leader within the American Association of Port Authorities” passed away Saturday following a battle with pancreatic cancer.

A World Shipping Council study outlines benefits of vessel-sharing agreements as European regulators study whether to extend antitrust protections past April 2020.

The acquisition of Poland’s largest container terminal is worth more than $1.1 billion, according to The Wall Street Journal.

The 11,000-TEU Cape Sounio, operated by ZIM on a service offered by the 2M alliance, arrived Monday after transiting the Panama Canal.

Drewry says container carriers may try to mitigate the rising cost of fuel by slowing ship speeds and relying more on feeder ships.

The German logistics services provider made the purchase to help establish its network in Canada.

Rates from Asia to the U.S. East Coast have fallen since the fourth quarter of 2018, and there are “several signs of slowing world trade.”

The ships will replace older ships and be used in the intra-Asia trade by Sealand, which operates feeder ships for Maersk.

Fuel pumping operations could begin Friday or Satuday, said France’s minister of ecology, but the maritime prefecture said there is a risk of coastal pollution from the spill.

U.K. Freight Transport Association doubles down on advice to members to plan for a worst-case scenario.

High winds were a contributing factor to the Wednesday morning incident in which about two dozen railcars fell from a trestle onto a river bed.

French container carrier increases ownership of Swiss logistics company after monthlong tender offer.

All four crew members of the Michelle Anne safely escaped Thursday, but a Coast Guard incident management team confirmed a oil sheen in the water.

Pennsylvania-headquartered 3PL has grown operations from Atlanta to Southern California and wants to accelerate growth.

A CEO is named for Europe, and a vice president for labor relations is appointed.

The 430-acre Logistics Center Hudson, located northeast of downtown Denver, is part of BNSF Railway’s $65 million investment in Colorado this year.

The Grimaldi Group ship was carrying about 2,200 tons of heavy fuel oil when it sank Tuesday in the Bay of Biscay.

The Florida Ports Caucus met Tuesday to discuss the priorities and needs of the state’s ports.

France’s Maritime Prefect of the Atlantic reportedly said Wednesday the sunken Grimaldi Group-owned ConRo ship was carrying 365 containers and more than 2,000 vehicles.

Lower labor costs make other countries alluring, but China’s transport infrastructure and container services make it hard to beat.

Appointments also announced by ClassNK, OmniTRAX, Transflo, Symphony RetailAI, Wallenius Wilhelmsen Solutions and Grote Industries.

The legislation introduced Tuesday by a bipartisan group would reauthorize the act through 2024 at current funding levels.

The oil, developed by GoodFuels and derived from used cooking oil and forest residues, does not contain sulfur oxide or require engine modifications.

Volvo has started testing connected vehicle technology in California, plus Michigan governor pitches fuel tax hike, California legislator wants to phase out diesel engines and Alibaba buys into delivery company.

All 27 people on the ConRo vessel owned and operated by the Italian Grimaldi Group abandoned ship early Monday morning and were rescued by the Royal Navy frigate HMS Argyll.

The Kaimana Hila, the sister ship to the Daniel K. Inouye, is expected to enter service in late April.

The Agriculture Transportation Coalition says replacing marine terminal with ballpark would be a step backward and limit potential export growth.

The cocaine shipment from Colombia is the second largest seized at the Port of New York and New Jersey in 25 years.

The executive committee of the AFL-CIO’s Transportation Trades Department set an agenda Monday that also eyed rail safety and combating commercial driver fatigue.

BP Marine says it conducted comprehensive testing of the new fuel that will comply with the IMO regulation that goes into effect next year.

Container volume growth will not outstrip global GDP to the same degree as in the past because many commodities once shipped in bulk already have shifted to containers.

Huarong Energy, formerly known as Rongsheng Heavy Industries, which was China’s largest privately owned shipbuilder, sold the assets to the bond holder for HK$1.

E-commerce giant Alibaba says it will deepen collaboration with the parcel delivery company STO Express

Korea Development Bank will transfer its Daewoo stocks to a subholding company to be established by Hyundai Heavy in return for equity stake in the company.

Republican Sen. Mike Lee’s Open America’s Water Act would open U.S. domestic waterborne commerce to “qualified,” non-U.S.-flag vessel operators.

Stevedoring company says the investment by Blackstone Infrastructure Partners is “growth oriented.”

Purchase will add a cloud-based terminal operating system for small container and mixed cargo terminals.

There are worries that the U.S. may be seen as an unreliable source of commodities such as soybeans.

The group reported a 1.8 percent growth in revenue in 2018, but the decline in EBIT was attributed to 502 million euros spent on restructuring the PeP division.

Michael Khouri, who has served as acting FMC chairman since January 2017, was officially named chairman by President Trump on Thursday.

Trade ministers from Indonesia and Australia signed a new free trade agreement (FTA), the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA), in Jakarta, Indonesia, on March 4. The new agreement eliminates nearly all tariffs on the two-way trade in goods between the two nations. A wide variety of non-trade barriers will also be removed.

House lawmakers reintroduce legislation requiring trucks over 10,000 pounds to have protective guards on all sides, which the association says offer no safety benefit.

The YM Warranty and YM Wellspring are planned for the Pacific North West Coast Loop 3 and Mediterranean Service-2 lanes.

Company plans to improve profits by canceling uneconomical charters and “reducing market-exposed fleets.”

Tony Kingston is named president and CEO, and Jon Panzer, Jennifer Hamann and Gary Grosz have new roles.

Lars Jensen says while individual carriers and freight forwarders may be under threat, the industry is not.

A survey sponsored by the International Tank Container Organization found the top 10 operators and leasing companies dominated the industry.

The American Logistics Aid Network’s volunteers prepare to assist Alabama and Georgia communities struck by tornadoes as well as flood-ridden areas of Tennessee.

The deal, which is reportedly for an approximately $2.5 billion and also includes DCLI subsidiary Blume Global, is expected to close in the second quarter.

An e-bill of lading service using proven scalable technology can have easy ROI based on prime service revenue, faster delivery, time savings, removal of fraud risk and heightened security.

Agency said the Boeing 767-300 cargo plane’s pilots lost contact with air traffic control in Houston during the last 18 seconds before the Feb. 23 crash.

Opposition voiced by lawmakers and U.S.-flag vessel and shipyard interests to Puerto Rico’s proposed 10-year Jones Act waiver.

While the companies agree on how to tackle the low-sulfur fuel mandate, they are pursuing very different corporate strategies.

The rotation of the new service connects Turkey with Europe and Canada and will be served by eight 5,500-TEU ships.

Cargo undamaged by the early January fire cannot be discharged in the Bahamas and a containerized terminal berth in the vicinity may not have enough capacity.

A National Association of Manufacturers survey, which coincided with a speech by Vice President Mike Pence, found concerns remain about infrastructure.

The Transportation Institute credits the Jones Act for the industry’s employment of nearly 650,000 Americans and contribution of $154 billion to the nation’s economy.

Jörg Sommer is named CEO of StreetScooter; Tammy Leurquin is hired as chief technology officer; and Casey Taylor is appointed as vice president of sales.

The North Carolina-based company also reported Tuesday its LTL revenue per hundredweight increased 9.6 quarter-to-date over 2018.

No injuries were reported from the Saturday incident in which the Safmarine Nokwanda struck the Tianjin, which was docked at the port.

Demand for container shipping in the transpacific was another major topic at TPM19.

French carrier says CEVA acquisition will create $30 billion company offering door-to-door logistics.

FMC kicks off industry innovation teams in an effort to develop “transparent and standardized language for detention and demurrage practices.”

The Spanish freight forwarder will be integrated into global forwarding division and technology platform following the approximately $48 million cash purchase.

Shipping lines with direct service calls to the port and that do not transship within 250 nautical miles are eligible for the incentives.

The reduction, effective March 29, is the fourth one of 2019 announced by the Panama Canal Authority following low rainfall in December.

The Blockchain in Transport Alliance was founded in 2017 and currently has nearly 500 members in more than 25 countries.

Consulting firm says requirement to use low-sulfur fuel could raise costs by $10 billion for industry.

Simplification and improvement of capital structure will support long-term business plans, says the logistics and transportation company.