Port of Cleveland orders 2 new mobile harbor cranes
The Port of Cleveland said the new cranes, model LHM 280s, on order are currently being built in Sunderland, England, and will be in service next shipping season.
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 Port of Cleveland said the new cranes, model LHM 280s, on order are currently being built in Sunderland, England, and will be in service next shipping season.
Situated along Turkey’s Aegean coast, the deep-water container terminal is preparing to receive its first vessel call in March 2016.
The Federal Maritime Commission will also seek comment on revising service contract regulations.
The agreement provides increases to hourly pay rates, signing bonuses, changes to health-care and retirement plans, as well as “other positive modifications,” according to the Air Line Pilots Association, Int’l.
According to the indictment, three FedEx employees allegedly rerouted wireless devices to two co-conspirators in a shipping theft scheme that defrauded FedEx of more than $1.7 million, the Department of […]
Ocean carriers MSC and Maersk Line will downscale their transatlantic network for the winter season with the suspension of their jointly operated NEUATL4/TA4 between North Europe and the United States […]
Danish freight forwarder and logistics provider Leman agreed to the acquisition of all shares in Dalpa International Ltd yesterday.
The worldwide fleet grew at its slowest annual rate in over a decade in 2014, according to an annual study performed by the United Nations Conference on Trade and Development […]
The trucking and logistics company posted $32.1 million in net income on revenues of $534.4 million in the third quarter of 2015.
The seasonally adjusted For-Hire Truck Tonnage Index for September 2015 equaled 135.1, a year-over-year increase of 3.1 percent, according to the American Trucking Associations.
Saverco NV will attempt to buy the majority of remaining outstanding shares and privatize longtime Belgian vessel and cargo aircraft operator CMB.
The Danish ocean carrier added 12,900 PrimeLINE container refrigeration units to its fleet, the largest order ever placed for the units, according to Carrier Transicold.
The United Kingdom port will officially open its new food examination facilities Oct. 29.
The National Transportation Safety Board issued an update on its ongoing investigation into the sinking of the TOTE Maritime Puerto Rico cargo vessel.
The airline has appointed Senior Vice President and General Counsel Brett Hart acting chief executive officer while current CEO Oscar Munoz is on medical leave recovering from the heart attack […]
The network will allow the Northwest Seaport Alliance of Seattle and Tacoma to better compete with other U.S. West Coast ports, Port of Seattle Commission Co-President Courtney Gregoire said in […]
Canadian National Railway and Canadian Pacific Railway are cutting rates by as much as 25 percent in an effort to entice shippers as crude oil prices continue to plummet, according […]
Container carriers are getting better at keeping to their posted schedules, according to the London-based consulting firm, as reliability hit a peak of 79.9 percent in September, but Drewry still […]
The Port Authority of New York and New Jersey will use a $2 million federal Congestion Mitigation and Air Quality Improvement grant to help truckers cover up to 50 percent […]
The freight forwarding and logistics company reported consolidated profits of 24 million Swiss francs on revenues of 1.5 billion Swiss francs in the third quarter.
The Florida Gulf Coast port handed 25,778 TEUs for the fiscal year ended Sept. 30, an increase of 83 percent from the preceding 12-month period.
The terminal operator concluded a contract for the delivery of six electric powered ship-to-shore cranes and 29 electric-powered rubber tire gantry cranes for its deep water terminal currently under construction […]
The French Mediterranean port handled 60.9 million tons of cargo during the first nine months of 2015, a year-over-year increase of 4 percent.
U.S.-flag vessels on the Great Lakes carried 9.8 million tons of cargo in September, a year-over-year drop of 8 percent.
USCIB names new director of customs and trade facilitation, while Coastal Cargo Group picks general manager for New Orleans office.
Meanwhile, a Navy tugboat is en route to the last known location of the ill-fated cargo vessel near Crooked Island, Bahamas carrying equipment to search for the sunken remains of […]
The ocean carriers’ decision to withdraw the joint Great Sea/AE3 service is due to low demand out of Asia; service to Black Sea will be maintained through transhipment.
The airline said Friday CEO Oscar Munoz had been admitted to the hospital, but did not provide any additional details.
The National Shipping Company of Saudi Arabia, Bahri, posted net profits of 510.3 million riyals for the quarter ending Sept. 30 and 1.25 billion riyals for the first nine months […]
The U.S. 1st Circuit Court of Appeals has upheld a five-year sentence for Frank Peake, the former president of Sea Star Line, which recently rebranded as TOTE Maritime.
Truckload pricing grew 3.2 percent for the month compared to September 2014, the seventh consecutive monthly increase, according the latest Cass Truckload Linehaul Index.
Cargo throughput at Hong Kong International Airport rose 1.1 percent year-over-year in September to 368,000 tons after six straight months of year-over-year declines.
Year-over-year rates dropped 2.3 percent in September, the ninth consecutive month of declining prices, according to the latest Cass Intermodal Price Index.
Volga-Dnepr Group has signed a finance lease agreement with JSC Sberbank Leasing to acquire two AN-124-100 Ruslan freighters.
The former Odin Seafood dock on the Prince Rupert waterfront is scheduled to be completely demolished by mid-December.
Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd, Evergreen Line, OOCL and Hamburg Sud issued general rate increases.
Spend Management Experts appoints senior marketing analyst, while Bibby Ship Management names deputy managing director for India.
To many readers, American Shipper is like that classic piece of furniture found inside your office or home. The publication for many years has had a finish that […]
An explosion and fire on the containership MSC Flaminia in the middle of the Atlantic Ocean on July 14, 2012, resulted in the deaths of three crewmen and injuries […]
After completing the long-awaited Trans-Pacific Partnership agreement, the Obama administration now faces its next challenge—promoting the trade pact to the Congress and voters, especially with a presidential election year […]
The U.N. Climate Change Conference (COP 21) gets underway on Nov. 30 and it will be interesting to see if it comes forward with any recommendations for shipping. […]
Overcapacity is certainly nothing new in the container-shipping industry. Ocean liners have long struggled to maintain the appropriate number of available container slots for sale in any given trade, […]
Even in tech-happy San Francisco the annual “Dreamforce” conference that the software company Salesforce puts on is a big to-do. This year more than 150,000 people were expected to […]
Western Canada container port gains newfound momentum from electronic appointment system.
Investigators begin probe into the sinking of El Faro off coast of the Bahamas.
Higher rates to the United States drove the increase in the overall spot rate reading, despite rates to Northwest Europe and the Mediterranean continuing to fall.
The national mail carrier of Singapore is making good on its promise to become a global logistics provider, agreeing to acquire a 96.3 percent share in TradeGlobal Holdings, Inc. for […]
The rate and surcharge changes are intended “to address the impact of increased costs, changing demand for select UPS products and other market factors,” the parcel and logistics company said […]
The terminal operator will purchase the remaining 39 percent of the issued shares of port terminal manager Grup Maritim TCB, making it the sole controlling shareholder of the company.
Over one quarter of respondents said data analysis is reducing operating costs by $4,000 annually per truck, according to a survey of transportation managers and executives from Fleet Advantage.
Ocean carrier ANL will terminate its current KIX service between Southeast Asia, Australia and New Zealand that it jointly operates with CMA CGM and Hanjin in November.
The short-sea carrier will launch its seasonal Black Sea reefer service between Mediterranean ports and Novorossiysk, Russia, situated along the Black Sea.
The non-vessel-operating common carrier opened a branch in Cebu, Philippines and Izmir, Turkey.
Attorney Willie E. Gary, who will represent the family of one of the former crew members of the ill-fated cargo vessel, claims the ship was unseaworthy and that “somebody has […]
The German-Chilean ocean carrier has set a price range of of 23 euros to 29 euros per share and expects gross proceeds of $300 million from its initial public offering […]
The railway will also run longer trains in an attempt to control costs as weak volumes are expected to continue falling going into the fourth quarter.
The ocean carrier, which expects to purchase SeaFreight “on or about October 31,” asked the Federal Maritime Commission for an exemption to regulatory rules that would simplify the transfer of […]
SMC³, a less-than-truckload pricing and transit technology provider, will add truckload and LTL cost modeling provider Transportation Costing Group to its portfolio.
The Port of Rotterdam posted a cargo throughput of 351.5 million tons for the first nine months of 2015, a year-over-year increase of 5.4 percent, driven primarily by the increase […]
Total operating revenues dipped slightly at the trucking and logistics provider as fuel surcharge revenues fell and customer demand remained “tepid,” according to J.B. Hunt’s most recent financial statements.
A total of 22 million metric tons of cargo have been shipped through the St. Lawrence Seaway between its opening April 2 and Sept. 30, a year-over-year drop of 12 […]
The port handled less cargo in September than in August, the result of the depletion of stocks for some agricultural commodities that are typically shipped through the port, lower demand […]
Industrial real estate developer Hillwood Properties started a multi-year project to extend two runways and taxiway at the north end of the Fort Worth Alliance Airport in northeast Texas.
The Chattanooga, Tenn.-based logistics solutions provider opened a 300,000-square-foot distribution center in Kalamazoo, Mich.
The international freight forwarding and supply chain management solutions provider opened a freight forwarding branch in Munich, which became fully operational today, and will open a branch in Nuremberg, which […]
The Suddath Cos.’s CFO retires, while Mersey Maritime names new CEO.
The acquisition of Docdata’s order fulfillment, returns logistics and online payment services will complement Ingram Micro’s existing business.
Containers without a verified weight will not be loaded onto container vessels from July 1, 2016, according to the U.K. Freight Transport Association.
Wilhelmsen Ships Service warned shippers and carriers that counterfeit products for reefer containers could contain a “dangerously unstable cocktail of gases.”
The railway reiterated its full-year earnings per share guidance despite expectations that coal volumes could drop as much as 10 percent in 2015, leading to a $450 million impact on […]
Shipment volumes and expenditures both increased from the previous month as shippers prepared for the upcoming holiday season, but still lagged behind 2014 figures, according to the latest Cass Freight […]
Annualized turnover rates at large truckload fleets grew, while turnover at smaller fleets fell to its lowest level since the third quarter of 2013, according to the most recent figures […]
Grains and oilseeds will be loaded on vessels for transport to G3 facilities on the St. Lawrence River and then to around the world.
The VetOpps bill (H.R. 3739) will allow qualified Veterans Administration doctors to perform medical exams required by the Transportation Department to obtain a commercial driver’s licence.
The port’s container freight and liquid bulk volumes rose in the first nine months of 2015 compared to the same period in 2014, but breakbulk volumes dropped due to increasing […]
The Port of Rotterdam Authority and Kloosterboer are investing in Rotterdam Cool Port on the City Terminal site, which ceased operations at the beginning of the month.
The Northern European airport handled 39,533 tons of cargo for the month, an increase of 1.6 percent from September 2014.
The multipurpose Gulf Coast port signed a two-year agreement with the Central Ohio River Business Association to strengthen commerce between the two regions.
CEVA Logistics established an agreement with Fintyre, an Italian distributor of replacement tires, who will use the third-party logistics company’s TyreCity in Somaglia Italy to provide warehousing activities for its […]
Chief U.S. District Court Judge Gregory K. Frizzel sentenced former chief executive James Douglas Pielsticker to serve seven and one-half years in prison and pay a fine of $21 million […]
The derailment of a CSX train carrying Bakken crude, which resulted in a fire that forced the evacuation of hundreds of area residents, was caused by a defect that was […]
In a response to the ITF recommendations, the International Chamber of Shipping said it prefers a fuel levy, rather than an emissions trading scheme, to reduce greenhouse gas emissions from […]
Third-party logistics provider Kuehne + Nagel posted a 6.7 percent year-over-year increase in net profits for the first nine months of 2015.
No one was killed in the latest blast at a warehouse that Chinese officials said was in violation of rent laws.
Ocean carrier APL unveiled a new rotation for the ASA service between Asia, the West Coast of Mexico and the West Coast of South America.
The Port of Savannah received its first cold-treated citrus shipment from Peru as part of a United States Department of Agriculture pilot program.
The terminal operator ordered four ship-to-shore gantry cranes and 14 automated rail-mounted gantry cranes for the APM Terminals Vado, scheduled to open Jan. 2018.
Odyssey Logistics & Technology Corp. introduced its “load and roll pallet” (LRP) service for shippers of coiled metal products, as well as those with long and flat metal products.
The air cargo terminal, based at Hong Kong International Airport, established a multi-year cargo handling contract with the Vietnam-based airline Jetstar Pacific.
DB Schenker Rail names new CEO, while Scandinavian Bunkering appoints managing director and Sparrows Point Terminal picks advisor.
Cargo volumes passing through the Central American gateway in the 2015 fiscal year increased 4.3 percent compared to fiscal 2014, according to the Panama Canal Authority.
A group of Republican House lawmakers on Friday exercised a rarely used “discharge petition” to gather enough support to force a vote on the chamber floor to reauthorize the U.S. […]
The legislation (HR 702) also includes a provision to increase funding for the 60 ships in the Maritime Security Program from $3 million to $5 million.
Federal Aviation Administration officials say they plan to back a proposed international ban on shipping potentially dangerous lithium ion batteries on passenger airlines, according to multiple media reports.
It was only after 2009 that Chinese exports to ASEAN countries really began to grow faster than with other countries, according to the maritime consultants, which suggests it takes a […]
The Singapore-based ocean carrier will offer a fortnightly express service between Guam and Yokohama that will connect to services from around the world.
The Icelandic liner carrier dropped a call at Halmstad, Sweden on its Blue Line service, but added a call at the port has to its Gray Line service.
The Atlanta, Ga.-based shipping and logistics provider said the expansion will create earlier guaranteed delivery options for customers that previously had only end-of-day guaranteed delivery options.
Singapore-based real estate firm Global Logistic Properties will lease over 1 million square feet of warehouse space to three “leading retailers” in China, according to a statement from the company.
The forwarder introduced a daily cargo flight between the Cincinnati/Northern Kentucky International Airport and the Detroit Metropolitan Airport, with a stop at the Minneapolis-St. Paul International Airport.