House members question whether the Shipping Act should be revised, and also said there is a need to protect domestic tugboat and terminal companies.
The European Shippers’ Council said some shipments from Europe to Asia have been delayed up to eight weeks.
The April meeting in Beijing will be the third global regulatory summit between Federal Maritime Commission, China’s Ministry of Transport and the European Commission’s Directorate General for Competition.
Seven more container shipping lines, including OOCL and ZIM, have offered to cut terminal handling charges in China, the Xinhua News Agency reported.
The South Coast Air Quality Management District proposed a tax on container shipments to fund incentives for further reducing ozone levels.
Plaquemines Port Harbor & Terminal District and American Patriot Holdings, LLC want to build a container port and river vessel to move containers to and from ports on the Mississippi […]
The U.S. maritime regulator said its final rule amending requirements for service contracts and NVOCC service arrangements, announced earlier this month, will become effective May 5, 2017.
The world’s fourth largest container shipping line, COSCO Shipping, experienced the 9.9 billion yuan (U.S. $1.44 billion) loss due to weak freight rates and restructuring costs, Reuters said Thursday.
The German ocean carrier is citing benefits from its planned merger with United Arab Shipping Company, but Reuters has reported a “snag” in those plans.
The Prevent Labor Union Slowdowns (PLUS Act), S.702, is sponsored by Senators Jim Risch, R-Idaho; Mike Crapo, R-Idaho; and David Perdue, R-Ga.
Canadian National Railway said loaded import containers arriving via its rail network from the ports it serves on the West, East and Gulf coasts will arrive in Duluth, and empty […]
Shippers exporting goods to Asia have experienced a large drop in available slots for containers with almost every shipping line, according to the European Shippers’ Council.
The nationwide trucker and third-party logistics provider said it hopes to raise between $281 million and $359 million with the initial public offering, and provided details on how it plans […]
South Korean shipyards exited the business of making cranes a decade ago because of stiff compeitition from Chinese makers.
Federal Maritime Commission Acting Chairman Michael A. Khouri said the updated carrier agreement library will help people save time and money.
Promoters of a plan to connect the Alaska Railroad to the rest of the North American rail system say it could create new opportunities to exploit natural resources in the […]
The global seafood supply chain is a complex one, and is challenged by various headwinds that can be costly to the industry.
Meanwhile, Crowley Maritime Chairman and CEO Tom Crowley said the company will receive three ship-to-shore gantry cranes at its Isla Grande Terminal in Puerto Rico, and two cryogenic tanks at […]
The U.S. Department of Justice served several container shipping lines with subpoenas last week in Sausalito, Calif., where their top executives were attending industry meetings.
Seaspan Chief Financial Officer David Spivak said liner companies want to deal with larger charter owners, which could benefit Seaspan, since its 9 percent share of the global leased containership […]
A recent opinion and order stemming from the litigation resulting from the 2012 explosion and fire aboard an MSC containership highlighted the roles of intermediaries and documentation in the transport […]
The Georgia Ports Authority handled 330,539 TEUs in February, with total cargo tonnage reaching 2.94 million tons, year-over-year increases of 7.7 percent and 10 percent, respectively.
This summer the company says it will delivery in three days or less on 20 million eligible items, and that millions will offer free shipping.
Four people were reportedly hurt in gun battle that ensued when a boat tried to provide a small bunkering tanker with supplies.
The short line railroad, which serves the ports of Los Angeles and Long Beach, is testing locomotives to verify compliance with EPA Tier 4 standards.
Ocean carriers entering the market in 2010 and 2011 had a tough time, but SM Line said it believes it is timing its entrance into the transpacific market well, noting […]
South Korean ocean carrier Hyundai Merchant Marine said it expects to save costs and boost competitiveness through the “2M+H Strategic Cooperation,” which was signed Wednesday in Sausalito, Calif.
German conglomerate Dr. August Oetker KG said the deal may take place at the end of the year, subject to regulatory approval.
The bunkering tanker Aris 13 was hijacked by pirates off the coast of Somalia Monday.
The U.S. maritime regulator said the group will work to identify burdensome, unnecessary and outdated directives, and recommend how they should be remedied.
The chemical industry is projected to see increased costs due to excess inventories, larger capital expenditures, and higher operating costs, according to a study performed for the American Chemistry Council […]
This past Thursday, there were 39 grain vessels in the Columbia and Willamette rivers waiting to load, when normally, there are 12 to 15 vessels.
Orient Overseas (International) Ltd. Chairman C.C. Tung said 2016 saw some of the most difficult markets and an overhang of capacity.
The new South Korean carrier has started two of five planned intra-Asia strings this week, is commencing a transpacific service in mid-April, and reportedly wants to launch a service to […]
The Danish container shipping line said the order will help it meet sustainability goals and stay ahead of new legislation by the European Union.
In an industry first, the vessel sharing agreement between Hapag-Lloyd, Yang Ming, NYK, MOL and “K” Line, also established an independent trustee to manage funds to be used in the […]
Federal Maritime Commission Acting Chairman Michael Khouri said the change will eliminate requirements that were obstacles to efficiency and added unnecessary costs.
The New York-based consulting firm suggested shippers carefully reexamine their procurement strategies to ensure supplier diversity, make sure they use multiple alliances, and study carriers’ financials.
International Shipholding’s reorganization plan, in which it will be owned by SEACOR Ocean Transport Inc., is expected to become effective in the second quarter of this year.
The Port of Richmond, Calif., known for its history as a shipbuilding center during the Second World War, now handles a wide mix of cargo, and is especially known for […]
The shipping research and consulting firm said container carriers have a “golden opportunity to smooth out the capacity peaks in the coming years” by deferring the delivery of the ships […]
The bipartisan bill would require up to 30 percent of exports of liquefied natural gas and crude oil to travel on U.S.-flag vessels.
The London-based shipping research and consulting firm has examined the correlation between carrier terminal ownership and the choice of port calls by the 2M Alliance, and the upcoming alliances in […]
The Doric Warrior, a 93,115-dwt bulk carrier, delivered steel slabs from Tuapse, Russia on the Black Sea to the new Paulsboro Marine Terminal along the Delaware River on Thursday.
Members of the International Longshore and Warehouse Union had failed to report for work to unload a Pasha ship in Hawaii.
The Israeli ocean carrier’s revenues for the fourth quarter of 2016 totaled $653.5 million, down from $687 million for the fourth quarter of 2015.
The containership owner and charterer recorded a loss of $139 million on revenues of $877.9 million for the full year of 2016.
The deal is increasing Direct ChassisLink’s fleet of owned, leased and managed chassis to approximately 133,000.
The World Shipping Council has warned of unintended consequences that would be detrimental to shippers if a rule was adopted that would limit situations in which detention and demurrage may […]
The deal will give Hyundai Merchant Marine access to the intra-Asia networks of Heung-A and Sinokor.
The Pacific Northwest port said it hopes to restore container service at Terminal 6
International Longshoremen’s Association President Harold Daggett said he will seek help from Congress in union disputes with the South Carolina Ports Authority and the Waterfront Commission of New York Harbor.
The Georgia Ports Authority handled 3 million tons of cargo in January, with bulk cargo at the Port of Brunswick more than doubling January 2016 figures.
The two ports says the plan is an “innovative collaboration that will allow us to find new ways to become more efficient and effective.”
The Agriculture Transportation Coalition, National Industrial Transportation League and National Retail Federation expressed concerns over a threatened work stoppage at East and Gulf Coast ports by members of the International […]
The Port of Oakland will increase the height of four to six cranes at SSA’s Oakland International Container Terminal.
The chassis leasing company will roll out TRAC Select in 20 locations across the United States.
Prologis U.K. Logistics Venture will be 85 percent owned by CBRE clients and 15 percent owned by Prologis.
APL said it will offer day-definite arrival of shipments using its Eagle Express service from ports in the Far East to rail yards in Chicago, Columbus, Dallas, El Paso, Kansas […]
The United States Maritime Alliance, the employer group that negotiates the master contract with the International Longshoremen’s Association, called the ILA’s planned work stoppage threat “disturbing.”
The United States Maritime Alliance, the employer group that negotiates the master contract with the International Longshoremen’s Association, called the ILA’s planned work stoppage threat “disturbing.”
The terminal operator increased spending from $70 million to $200 million in preparation for ultra large containerships.
Matson President and CEO Matt Cox said the Honolulu-based shipping company had “exceptional” results for the full year of 2015, while fourth quarter 2016 results were hindered by the increase […]
Could rising plastic exports create competition for empty containers?
A spokesperson from Hyundai Merchant Marine (HMM) told American Shipper the loop is expected to commence April 2 from Laem Chabang, operating with seven, 6,800-TEU vessels supplied by HMM.
The French ocean carrier will buy space on a service between North Europe and the West Coast of North America, as well as on a service between Japan and California.
News broke on the planned logistics center on the heals of the announcement that the 18,300-TEU Margrethe Maersk, docked at the Cai Mep International Terminal Monday, the largest ship to […]
The International Longshoremen’s Association is calling for a shutdown of ports along the Atlantic and Gulf Coasts, and a march in Washington.
Additional shippers and logistics companies have expressed support on a call for the Federal Maritime Commission to provide guidelines on detention and demurrage charges.
On a bright note, Philip K. Brewer, the president and chief executive officer of Textainer, said the container lessor is pleased with the progress it has made in recovering equipment […]
However, the Northwest Seaport Alliance said it may see lower cargo volumes for February, and volumes with Alaska are expected to decline for the full year of 2017 due to […]
While A.P. Moller-Maersk plans to narrow its focus to transportation and logistics, the foundation that owns a controlling stake in the company will move in its own direction, Ane Maersk […]
The union and employers said contract discussions 19 months prior to the expiration of the current contract “demonstrates the commitment each side has to maintaining stability and growth.”
The Israeli ocean carrier signed up with Alibaba to allow customers of the e-commerce site to book space on its vessels, Reuters reported.
The Port Authority of New York and New Jersey awarded a contract to Union Paving and Construction Co., Inc. for upgrades at the Greenville Yard.
Changes are being made to the alliance’s TA2/NEUTAL2 loop effective April 1.
Some of Fortress Investment Group’s transportation-related holdings include Florida East Coast Railroad, Trac Intermodal, and Seacube Container Leasing.
Hyundai Merchant Marine has entered into a contract to acquire Hanjin Shipping terminals in Tokyo and Kaohsiung.
The world’s second largest container carrier, Geneva, Switzerland-based Mediterranean Shipping Company, may acquire a stake in Ignazio Messina & Co.
The shipping marketplace and freight automation software provider raised $25 million through a “Series D” round of funding led by the logistics and supply chain company DB Schenker, which is […]
The Southern California port experienced a 17.4 percent year-over-year jump in box volumes in January 2017 thanks to retail stores replenishing inventories after the holidays, increased U.S. exports and cargo […]
Hyundai Merchant Marine carried 55 percent more cargo in January than it did a year earlier between Asia and U.S. West Coast ports.
The $320 million project at the Virginia International Gateway container terminal has officially launched, and a $350 million expansion project at Norfolk International Terminals will begin in July.
Longshoremen and employers are meeting far in advance of the contract expiration date next year.
Throughput of loaded containers at the Northern California port grew 6.1 percent in January 2017 compared with the same month a year ago, while overall volumes including empties grew 3 […]
Transportation on the Yangtze River may be take longer than normal because of annual maintenance on the Three Gorges Dam that began on Feb. 2, but a COSCO Shipping subsidiary […]
The new service from parcel giant FedEx’s third-party logistics subsidiary offers an easy way to track items, manage inventory, analyze trends, and understand shoppers’ spending behaviors, the company said in […]
The member carriers of the 2M vessel sharing agreement will add Asia-Europe and transpacific services in order to accommodate the volumes gained through slot purchase agreements with Hyundai Merchant Marine […]
The Southern California port’s container volumes surged 8.7 percent year-over-year in January to 582,689 TEUs.
Deal also includes NPC Projects and MCC Marine Consulting & Contracting, which is active as a bunker and chartering broker.
Korea Investor Service, an affiliate of Moody’s, upgraded Hyundai Merchant Marine’s corporate credit rating after the carrier saw revenues decline and a larger operating loss in 2016, while the bottom […]
Canadian International Freight Forwarders Association (CIFFA) Executive Director Ruth Snowden said trade is an important source of jobs for the country.
On the occasion of his 80th birthday, Jacques Saadé the founder of CMA CGM, appointed his son to run what is the world’s third largest ocean carrier.
Various forwarders, custom house brokers and shippers’ associations sent letters to the Federal Maritime Commission, supporting a petition filed by the Coalition for Fair Port Practices in December.
The Danish shipping conglomerate reported a loss of about $1.9 billion for 2016.
However, the Intermodal Association of North America said some analysts are projecting a rebound for 2017.
Over 80,000 applied for a chance to become a casual member of the International Longshore and Warehouse Union.
Projects include the separation of railroad tracks from major port roadways, the creation of a refrigerated cargo facility, and the expansion of the TraPac terminal.
However, COSCO SHIPPING Holdings said it does expect to have earnings before interest and tax of approximately 700 million Chinese yuan renminbi for the fourth quarter of 2016, excluding the […]
Chris Dupin, maritime and intermodal editor of American Shipper, examined the importance of protecting high-value parcel deliveries, using the outcome of Golden Hawk Metallurgical’s case against FedEx for the loss […]