FAA awarding nearly $617 million
The grants will fund 408 infrastructure projects at 226 U.S. airports.
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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The grants will fund 408 infrastructure projects at 226 U.S. airports.
The Kansas City-based company provides refrigerated intermodal services across the United States.
The switch to Hamburg on four transatlantic loops will shift roughly 500,000 TEUs annually, 9 percent of Bremerhaven’s throughput.
The latest round of talks between the U.S. and Mexico on a potential bilateral pact is set to continue this weekend.
Third-party logistics providers say they can help deal with truck and driver shortages.
The blockchain-backed digital documentation was used for a shipment of clothing from China to Slovenia.
Company owners charged with worker safety violations that contributed to the deaths of two employees.
The Senate Banking Committee approves Trump’s pick of Kimberly Reed as president.
Two thousand units will feature Carrier Transicold’s environmentally friendly NaturalLine refrigeration units.
The Swedish port handled about 152,000 cars during the first six months of 2018.
The Coast Guard is prepared to conduct port assessments as quickly as possible to restart cargo deliveries after the storm.
Tax and regulatory cuts boosted the return of manufacturing jobs to American shores, but a trade war could change that.
ATA says recruiting, retaining drivers is industry’s biggest challenge.
Carrier joins others offering transpacific contracts on New York Shipping Exchange.
Average carbon dioxide emissions from ocean container transport fell 1 percent from 2016 to 2017.
The Appalachian Regional Port provides an alternative to an all-truck dray to and from the Port of Savannah.
A Canadian national was sentenced for conspiring to illegally export U.S.-made technologies.
The bulk liquid storage and logistics services provider is building a storage terminal along the Houston Ship Channel.
The logistics software company says acquisition will enhance its ability to collect and leverage real-time information.
The Alabama-based company has acquired 13 trucking and brokerage operations since 2007.
Commentary from NCBFAA’s Megan Montgomery: Landmark move cumulation of 30 years of trade modernization support from FMC.
Company carried 17 percent more containers, but freight rates were lower and the cost of fuel and charters was higher.
The logistics software solutions provider adds 22 companies and grows profits by more than $8.5 million.
OFAC says two ship-to-ship transfers of oil were made to North Korean-flagged vessels.
Commerce determines imports from Canada, China, Greece, India, South Korea and Turkey have hurt U.S. producers.
The revamped Customs-Trade Partnership Against Terrorism will adopt several changes as its rollout ramps up in FY 2019.
Cannata, Schiller and Tierney join leadership team; Vekshin tapped to lead charter cargo operations.
Ship will make a trial voyage along the north coast of Russia.
American Association of Port Authorities will testify additional duties would reduce competitiveness.
Public input welcomed as proposed changes to hours-of-service rules are under review.
“Yuanben blockchain technology will protect the global freight of the Silk Road,” says platform head.
GBW Railcar Services has been dissolved due to insufficient demand for retrofitting tank cars.
The airline’s parent, NYK Group, has outlined a plan to get its grounded freighters back to the skies.
FMC says amendments to regulations governing NRAs and NSAs aim to make them more attractive to shippers and carriers.
Imports subject to both a safeguard tariff and an antidumping or countervailing duty order will be a focus for regulatory auditors.
The Army Corps of Engineers signs off on channel dredging expected to cost more than $157 million.
Fuel-cell power plant and hydrogen fueling station are part of plan.
Revenues for domestic operators exceeded $700 billion in 2017, a 3.4 percent increase from the year before.
Kramer appointed as president; Hughes named director of sales; and Atkinson tapped as senior director of supply chain.
Consulting firm will be brought under the TMS provider’s umbrella but continue to operate independently.
Deputy USTR Jeffrey Gerrish says, “We have called on Mexico and Canada to increase transparency, simplify processes.”
Rotterdam facility will supply about one-fifth of shipping line’s low-sulfur fuel.
Entry type 86 will be integrated into the Automated Broker Interface early next year.
Ocean Network Express says lease will boost its fleet to 130,000 refrigerated containers.
Throughput at terminals operated by the Northwest Seaport Alliance grew 10.6 percent in July.
The association’s letter to lawmakers pushes for resources for three federal programs.
The world’s largest container shipping company is now digitally distributing its contract rates and amendments.
The less-than-truckload tech provider will launch a rating solution that will provide a base rate for intra-Canada shipments.
Capacity crunch could curtail growth.
DRIVE-Safe Act would pave the way for truck drivers younger than 21 to legally cross state lines.
A New Hampshire company alleges Growers Express and C.H. Robinson violated intellectual property rights law.
CenterPoint is expected to begin site preparation for a logistics complex in October and open building in 2020.
Authorizations for data access and sharing, new processes and resource optimization sought.
Law enforcement stopped 23 containers filled with knockoff handbags, wallets and belts valued at more than $450 million.
The freight-matching tech firm plans to use funding to expand geographically and hire more employees.
The Dubai-based container terminal operator saw earnings fall despite rising revenues and throughput.
Port authority installs new board members and reports tonnage increases.
Airline names managing director of cargo operations; supply chain integration platform hires two vice presidents.
Conglomerate reports an $85 million loss from continuing operations, plans to spin off drilling company.
Drewry’s World Container Index stands at $1,759.86 per FEU, up 4 percent from last week and up 12.6 percent year-over-year.
Importers are still paying rates that were in place prior to enactment of tax reform legislation.
Container throughput climbed 4.6 percent in July after four consecutive monthly declines.
U.S. truckload rates surged 10.2 percent in July, the largest year-over-year percentage increase in more than a decade.
Crewless, electric containership will move products along Norway’s coastline.
July figure marks the largest year-over-year increase since 2011.
Treasury Department says two of the companies illicitly ship cigarettes, a trade generating more than $1 billion annually.
Trinium Technologies is a Los Angeles-based intermodal trucking software provider.
New York-based company will operate a 10-acre aggregate terminal at the Tampa Bay port.
Purchased Southern Counties Express has been serving California ports for more than 25 years.
Railway and railcar repair company announce senior management promotions; industry veteran joins board.
Company says it is seeing increased demand for transporting refrigerated cargo.
New APL service offers 11-day transit from Shanghai to California.
The German airline is expanding its coverage across Africa.
Pact bans equipment “devoid of human interaction,” lays out rules for negotiating use of semiautomated machinery.
New tracking technology and training designed to improve handling.
Report from BluJay Solutions and Adelante SCM says drones and driverless trucks will not deliver most supply chain benefits.
The ocean carrier also announces it will sell more than 2,000 reefer containers.
Freight forwarder learns the hard way not to ignore red flags.
Several sailings will be withdrawn on the Asia-Europe trade around China’s Golden Week festival in early October.
The Arizona-based freight brokerage makes fifth purchase since January 2017.
Technology will be applied to verify NAFTA and CAFTA certificates of origin.
The Canadian port handled 72.1 million metric tons of cargo during the first half of the year.
The global ship broker says figures exclude acquisition-related costs.
Automaker wants to use foreign-sourced navigation apparatus in California plants.
Fellow Taiwan carrier Wan Hai reports sharply lower profit in the second quarter.
Container freight price increases on Asia-bound cargo will take effect in October.
Teamsters says tentative contract will raise pay 30 percent above current levels.
Throughput of containerized cargo at the Southern California port fell 4.4 percent after several months of growth.
A decline in both laden imports and exports was offset by surging empty container movements in June.
Leadership changes are announced, promotions are carried out and key roles are filled.
Quick Quotes generates pricing for standard and reefer containers in less than 30 seconds.
Applicants are doing business in New Jersey, California and Florida.
Charleston Harbor deepening part of expansion work under way.
The Georgia Ports Authority increased year-over-year container and roll-on/roll-off cargo volumes.
The logistics provider and container terminal operator finalizes deal to buy Estonia-based Transiidikeskuse AS.
Hyundai Merchant Marine says it is carrying more containers, but rates were lower and fuel costs were higher.
Potentially toxic smoke from a smoldering warehouse fire causes officials to evacuate the area.
Commentary: Without a regulatory framework, deterioration, diversion and dysfunction will remain.
The port admitted that volumes still do not meet expectations.
Strong volumes, continued migration away from specialized ships result in strengthening market, says Drewry.