Crowley and Seaboard now have VSAs to the Dominican Republic as well as Panama and Costa Rica.
OOCL has outlined the increased cost of fuel for its services in the transatlantic trade.
A container freight analyst said that he expects rates to continue to slide into November.
NRF asks union, employers to reinstate contract through November so arbitration provisions are in place.
Shippers being forced to pay fees even though they are unable to pick-up cargo.
Insurer says it is responding to an increase in rail traffic, especially crude oil and hazardous materials.
Maersk and MSC plan to start up global partnership on East-West trades in January.
As container shipping evolves, Drewry predicts survival of the leanest.
A story in Monday’s AS Daily about a vessel-sharing agreement between Crowley and Seaboard Marine for a service between the United States and Dominican Republic misidentified the port that will be […]
Puget Sound ports said cooperation plan is a response to the competitive pressures in the container industry.
The European Commission approves the merger of banana giants, but Fyffes must release Maersk from exclusivity clause.
As the Jan. 1 deadline for lowering sulfur emissions approaches, water regulations could inhibit use of scrubbers.
The two companies will share space on a 960-TEU containership.
CSAV, Hapag-Lloyd, Hamburg Süd, NYK file vessel-sharing agreement with FMC.
TOTE is building two ships and will convert two more to operate on LNG.
Problems faced by trucking, other shipping industries foster inland transport changes.
A recent decision that affirmed two decisions by the U.S. District Court for the Southern District of New York (Sompo Japan v. Norfolk Southern et al. and Nipponkoa Insurance […]
Amazon and DHL are talking about using drones to deliver packages by air; Google and Tesla about driverless cars. Some futurists are even hinting at crew-less ships. […]
Agency says publishing OTI information itself will result in quicker delivery of notices, cut costs and improve presentation.
Demand for tank containers is up, but revenue per shipment has decreased due to competition.
TSA announces contract rate objectives for 2015-16, differentials for 20-foot and high-cube boxes.
Report says design specifications must deal with loading condtions.
Diego Aponte succeeds founder and father Gianluigi Aponte as president and chief executive officer.
Shippers face a price jolt as regulations require ships to burn fuel with one-tenth as much sulfur close to shore.
Israeli carrier says customers are important and it will ‘service them at the highest level in any situation.’
New monikers give terminals a common identity aligned with the GCT brand.
Philadelphia Regional Port Authority seeks expressions of interest in developing terminal along Delaware River.
Hapag-Lloyd says ships continue on, but agent says Suez Canal convoys disrupted by collision with Maersk ships.
Barges will aimed at servicing customers in the Asia-Pacific region.
Drewry says spot freight rates between Europe and North America helped by high utilization.
ILWU says its members were threatened outside terminals by hostile demonstrators.
New York City says lawsuits against other companies continue.
Sustainability Accounting Standards Board says standard metrics will help investors gauge risk.
Department of Justice says Japanese carrier will pay $67.7 million for its role in price-fixing conspiracy.
The company said this investment will allow it to ‘grow with the market.’
With 90 percent of fire contained, terminals reopened Tuesday evening.
Companies hope to put gray pool in place by beginning of 2015.
Slot exchanges will allow each carrier to expand their scope of service.
Service providers detail intermodal issues at the annual IANA conference.
The FMC agreement would allow two ports to discuss congestion issues.
Tote awarded a $324.6 million Title XI loan guarantee to help finance replacement ships for Sea Star Line.
European Shippers Council tells FMC that Maersk-MSC alliance might damage world trade.
MSC provides details on 2M, CMA CGM provides details on Ocean Three.
Long Beach executive says larger ships will cascade to smaller ports.
The natural gas boom is driving increased domestic chemical production and demand for new tank barges.
Danish company sells U.S. dollar bonds for the first time.
The Port Authority of New York and New Jersey has set Greenville Yard terminal to be its fourth ExpressRail terminal.
Rates fall after a “pretty good summer” for liner carriers.
Companies sign agreement for five ships to service between the East Coast and Gulf Coast, and Central America.
COSCO officials said the investment for new ships is needed to improve the competitiveness of its fleet.
FMC Commissioner William Doyle detailed revisions incorporated in a soon-to-be published proposed rule.
Speakers blame big ships, carrier exit from chassis business as contributing to port snarls.
Heavy weather and other challenges mean roadway will not be raised until the summer of 2016.
Express cold chain product now available to Scandinavia.
Drewry says Asia-U.S. West Coast spot rates could fall as volumes slacken, capacity grows.
The merger, once fully approved, will create the world’s fourth largest container shipping company.
Diversity of recent hires belies charges of discrimination, says ILA union and its employers.
Bipartisan bill proposes to increase size of STB from three to five members.
Congress is told while Jones Act carriers are experiencing the best of times, things are worse for U.S. carriers in international trade.
PierPass announces Free-Flow Program to move bulk lots of containers quickly out of port.
Containerization and Intermodal Institute is recognizing the CEO of MSC’s U.S. subsidiary for his leadership.
Maersk Container Industries says use of controlled atmosphere containers could boost mango trade.
With ILWU negotiations continuing, retailers stock up on holiday inventory.
Drewry says companies are eager to acquire, refinancie port assets while interest rates are low.
The vessel carrier will have 14,000-TEU ships in fleet by 2018.
‘Ocean Three’ agreements will unite the carriers on major East-West trades.
An EPA grant will be used to imporve Los Angeles Harbor’s air quality.
Seaspan has entered into contracts for four 10,000-TEU ships.
Maersk plans to implement a GRI on cargo from the Far East.
U.S. carriers operating in domestic cabotage trades under the protection of the Jones Act are undergoing an “extraordinary renaissance,” while that’s not so in the international trades.
Israeli liner carrier believes it has renewed vigor now that restructuring is complete.
Can a distributor of DVDs expand and diversify its 3PL business?
In this decision, a request by the petitioners—a shipper and its insurance company—to have an arbitration award vacated was unsuccessful.
The International Chamber of Shipping is warning of new environmental regulations about to impact ship operators at more or less the same time.
APM Terminals executive says port and infrastructure development in Latin America lags economic, population growth.
Steven Rubin, who has been serving on an interim basis, is named president and chief executive officer at Horizon Lines.
St. Lawrence Seaway has reported that grain exports from the U.S. have made a comeback this year.
Chinese reforms would allow foreign companies to establish shipping companies in Shanghai FTZ.
Deadly Ebola disease results in changed port rotations and additional charges for West Africa shippers.
Descartes sees continuing strong demand for its software.
Port Jersey Logistics says new warehouse in Cranbury will also be its headquarters.
Saltchuk, owner of Sea Star Line, closes on purchase of Caribbean carrier Tropical.
Grup TCB says expanded Puerto Quetzal on Pacific coast of Guatemala will accommodate post-Panamax containerships.
Evergreen said it will partner with Mariana Express in launching a joint South China- East Malaysia.
CSAV reported a $58.5 million in the second quarter of 2014.
Containerships continue to call at multiple North Europe ports rather than a single mega-hub, said Drewry.
Canada’s Pembina Pipeline plans new propane export terminal in Portland.
Container pricing on major East-West trade lanes drops by 6 percent.
Maersk and MSC say they plan to initially operate 97 ships ranging in size from 4,000 TEU to 13,000 TEU in the 2M vessel sharing agreement on trades to […]
CMA CGM said average revenue per TEU decreased by 3.9 percent over the period. However, the company said, “Freight rates remained volatile overall, with the usual high level of […]
The container liner company Mediterranean Shipping Co. said its Terminal Investment Limited affiliate has acquired Global Infrastructure Partners’ 50-percent interest in a company that owns Exoglan, the largest container […]
Judge Susan Wigenton wrote in her decision “the eradication of racial and gender-based discrimination is a purpose of the compact” between New York and New Jersey that created the […]
Maryland’s Department of Transportation has terminated an agreement with CSX to build the Baltimore Rail Intermodal Facility at Morrell Park and has pulled all state funding from the project. […]
Maersk said that due to backlog of plastic scrap containers, it will no longer accept plastic scrap from the U.S. and Canada to Haiphong and Da Nang, Vietnam, effective […]
With millions of truck-driver job ads flooding the market, the survey found that 79 percent of the drivers polled agreed that salary was most important when choosing a job. […]
S&P said, “The stable outlook reflects our view of the HPA’s prudent management of its capital program to date and our expectation that it will not issue significantly more […]
Bruce Wargo, the president and chief executive of PierPass, said, “While port congestion has increased worldwide, the Ports of Los Angeles and Long Beach are handling these pressures better […]
Direct ChassisLink Inc., the Charlotte, N.C.-based chassis leasing company formed when Maersk Line decided to divest itself of its chassis fleet, has acquired REZ-1, a provider of domestic intermodal […]
The Port of Virginia handled 207,771 TEU in July, surpassing the monthly record set last October by 1,174 TEU. The port’s revenues during the month were $37.9 million, […]
Two cargo terminals at the Port of Long Beach suspended vessel operations Wednesday because 10- to 15-foot high wave surges powered by Pacific Hurricane Marie endangered longshore workers. High […]