Maersk said it is raising rates Oct. 1 on transatlantic services from North Europe and the Mediterranean to the U.S. A general rate increase will be implemented on […]
ZIM said it has upgraded its service between the Mediterranean and West Africa. The weekly MAF service will operate six vessels with the rotation of Tarragona – Valencia […]
The ILWU and the PMA said that they had reached a tentative agreement on terms for health benefits, subject to agreement on other issues.
The International Longshore and Warehouse Union and the Pacific Maritime Association, which represents employers, said Tuesday that they had reached a tentative agreement on terms for health benefits.
The agreement with the Pacific Northwest Grain Handlers Association ends a lockout at Portland’s Columbia Grain and Vancouver, Wash.’s United Grain facilities that had been going on for more than […]
In a letter to the president of Local 8 of the dockworkers’ union in Portland, Bill Wyatt, executive director of the Port of Portland, said the port authority had made […]
Maersk spokesman Tim Simpson speaks on the move to a Florham Park, New Jersey location.
The company said the sale of its terminal in Portsmouth, Va., has been concluded with a partnership comprised of affiliates of investment funds managed by Alinda Capital Partners and Universities […]
The 79-year-old chairman and former chief executive of the Pasha Group died last week in Lake Tahoe, Calif. The company has operated a ro/ro vessel in the U.S. mainland-Hawaii trade for […]
A retail trade association has once again called on the Pacific Maritime Association (PMA) and International Longshore and Warehouse Union (ILWU) to reach an agreement on an new contract […]
Oscar Hasbun, the chief executive officer of CSAV, said his company has “a reasonable expectation that we will be able to obtain the necessary approvals from regulatory authorities this […]
ZIM said a reduction in revenues was a result of discontinuing some lines, not having revenues from a container manufacturing plant sold in 2013, and a 3-percent drop in […]
Probably better known to French tourists and stamp collectors than many people in the logistics industry, the container carrier said nevertheless Reunion’s location puts it at “the crossroads between Europe, […]
Sea Star Line has placed an order for 100 new 40-foot and 50 45-foot refrigerated containers. The order comes in the third year of a five-year plan that […]
The Danish container carrier said its customers were unprepared for the Russian counter-sanctions and it is working with these shippers’ origin offices to “find the best and most cost efficient […]
Econocaribe Consolidators of Miami has filed a complaint against another ocean transportation intermediary, Amoy International of City of Industry, Calif., at the U.S. Federal Maritime Commission, asking for reparations of […]
Globe Tracker International has formed a strategic relationship with Total Soft Bank Ltd. Globe Tracker, a Danish firm, specializes in global assets tracking, while Busan, South Korea-based Total […]
Minyan Marine is just one of two companies investigating the possibility of using articulated tug-barges to offer short-sea services for domestic shippers of containerized cargo in the United States.
Neptune Pacific Line is not affiliated with Neptune Orient Line of Singapore, but is owned by the Los Angeles-based conglomerate Roll Global, which is best known for its food […]
Protests targeting ZIM Line are expected in Tacoma and Seattle later this week in the wake of demonstrations that disrupted cargo operations at the Port of Oakland. A […]
The port said the 12-acre project will result “in a modern and efficient intermodal container transfer terminal to facilitate the movement of marine and rail cargo, while enhancing safety […]
Member container shipping lines in the Transpacific Stabilization Agreement (TSA) are proposing an across-the board general rate increase of at least $600 per 40-foot container to all destinations, effective […]
NOL said it “continually evaluates all available options to improve the strategic positioning and performance of its businesses. These include considerations of a potential sale or initial public offering.”
An attempt by anti-Israeli protesters trying to block a Zim Line ship from discharging and loading cargo in the Port of Oakland has turned into a high stakes game […]
A ZIM vessel, as well as well as several others, awaits container handling in the Port of Oakland. The Oakland International Container Terminal’s manager hopes to resume movement of […]
A.P. Moller-Maersk Chief Executive Officer Nils Andersen said that during the second quarter, “we saw a relatively stable rate environment,” but that rates are low, and at some time, […]
Inbound containers were 363,394 TEU, down about 2 percent from July 2013; outbound containers were 163,295 TEU, up 4 percent; and empties were 190,719 TEU, up 2 percent.
Industry stakeholders, regulators and the general public are encouraged to take part in the forum, which will be held on Sept. 15 from 9:30 a.m. to 4 p.m. at […]
Drewry says the number of containerships afloat decreased in the first half of 2014 and could fall on an annual basis this year for the first time in at […]
Members of the International Longshore and Warehouse Union did not cross a picket line thrown up at the Port of Oakland Sunday evening by several hundred persons protesting Israeli […]
California funds study of hybrid dray trucks powered by overhead wires to achieve cleaner air. The demise of the electric trolley car network that once crisscrossed Los Angeles is […]
As of mid-August, there has been remarkably little information coming out of talks between the International Longshore and Warehouse Union and Pacific Maritime Administration over a new contract to […]
Last year might be one both shippers and transportation companies moving cargo through the Port of New York and New Jersey would like to forget. Congestion got so bad […]
U.S. dairy export growth is something for these shippers to smile about. Dairy exports have increased rapidly in the past two decades, growing from $982 million in 1995 to […]
Liner carriers are under enormous pressure to confront overcapacity and cleaner fuel requirements. While there are some signs that the economy is improving in the United States and Europe, […]
A new company, Minyan Marine, believes it has a winning formula for building a successful “marine highway” operation. While coastal shipping of containers or truck trailers are common […]
This decision involves a shipment of clothing moving from China to Mexico that “went missing” along the way. (U.S. v. C.H. Robinson. Federal Circuit Court of Appeals. No. 13-1168. […]
The company said its terminal in Odessa was being affected by the crisis in the Ukraine, with container throughput falling “considerably short of the previous year’s figures.”
Revenues were 34.3 billion NTD in the second quarter this year, compared with 29.9 NTD last year. Yang Ming also announced it has upgraded its southeast Asia service and […]
Protesters are targeting Zim Line in a demonstration planned at the Port of Oakland Saturday. Several groups in the San Francisco Bay area had said they were going […]
Evergreen Marine Corp. had a profit of 412 million New Taiwan dollars ($13.7 million) in the second quarter of 2014, compared with a loss of 569 million NTD in […]
Reefer container volumes are forecast by Drewry to rise by 20.5 million tons by 2018 — 16.5 million tons by organic growth and 4 million tons at the expense […]
The company moved about 2.9 million TEU of container cargo in the first half of 2014 — 5.8-percent more than in the first six months of 2013 — but […]
Hatch Mott MacDonald said it will lead the design for the Eastport Development of Port Tampa Bay in Florida. The engineering company said the facility will initially handle […]
The Port of Savannah handed 293,889 TEU in July, a 19.2-percent increase over the previous year, and an all-time high. “Improved confidence among U.S. retailers, newly added port […]
The shipping publication Lloyd’s List is reporting that Samsung will build a minimum of three 19,200-TEU ships for Scorpio Group, which will bareboat charter the ships to Mediterranean Shipping […]
Federal Mediation and Conciliation Services said it would neither comment on nor disclose the terms of the agreement on a contract with grain elevator operators.
“Steve has been integral in many of my successes. His combination of political, policy and communications know-how has been a tremendous asset,” said Bill Shuster, head of the House […]
C.C. Tung, chairman of OOIL, said that “there are underlying developments that support a degree of cautious optimism” about the outlook for the shipping industry.
Hapag-Lloyd officials have said the carrier will scrap older ships at “green recycling yards.” The company confirmed reports by Deutsche Presse-Agentur and broadcaster Deutsche Welle that it will […]
“DP World Vancouver is still experiencing an extremely high discharge volume of U.S. cargoes. This, combined with a Canadian cargo increase and rail car supply that does not meet […]
Pasha has said the ship is expected to enter service later this year, carrying containers and ro/ro cargo between Southern California and Hawaii, where today it operates the ro/ro […]
Russia’s import ban in response to sanctions from the U.S. and Europe over the war in Ukraine will hurt companies that ship a variety of agriculture products, according to […]
Hapag-Lloyd has announced several rate increases. Effective August 18, it will increase rates for all cargo and container type moving from the Far East to Mediterranean or North Europe […]
Moody’s put MOL’s Baa3 rating — the lowest of its investment grade ratings — under review on Monday after MOL reported earnings of 8.5 billion yen ($84 million) for […]
CSAV said the Department of Justice and the Federal Trade Commission have approved plans to merge CSAV’s container business with Hapag-Lloyd. “This is part of the consultation process […]
APL attributed a 3-percent increase in costs of sales per FEU “largely to a nation-wide trucking shortage in the U.S., port congestion issues in Southern California, as well as […]
A record amount of container cargo moved through the Port of the Port of New York and New Jersey in the first six months of 2014. The agency attributed […]
A USDA official said the situation at the Port of Vancouver doesn’t “ensure safe access to the UGC facility for the GIPSA, and therefore [USDA] is conditionally withholding official grain […]
Egypt plans to improve the Suez Canal by building a 45-mile section parallel to the existing canal that will act as a bypass so ships can travel in two […]
The demise of the network of electric trolley cars that once crisscrossed Los Angeles is an important and controversial chapter in the history of public transportation.
The program was developed and implemented by the Santa Barbara County Air Pollution Control District, Channel Islands National Marine Sanctuary and the Environmental Defense Center.
Ships transiting the Panama Canal have relatively fewer accidents than those using the Suez Canal or the Kiel Canal, and the number of ship casualties has dropped over the […]
“The second quarter results were indicative of a rebounding economy and higher-than-predicted import shipments,” said Joni Casey, president and chief executive officer of the Intermodal Association of North America.
There was more merger and acquisition activity in the transportation and logistics industry in the second quarter of 2014 than in the first quarter of this year, according to […]
The Panama Canal Authority and the consortium working on the expansion project have signed an agreement that incorporates a variation reached in March to the original 2009 contract.
King Ocean moved approximately 140,000 TEU through Port Everglades in the fiscal year that ended Sept. 30, 2013, and recently added a 7.3-acre Midport marine terminal to its existing […]
The Chilean shipping company CSAV said Monday it has raised $108 million through the sale of shares in the first part of a previously announced rights offering. The company […]
Bigger consortia and alliances among container carriers will allow carriers to use assets more efficiently, meaning they are likely to “better fine tune vessel capacity to seasonal cargo demand,” […]
Maersk said Friday it will implement a general rate increase for container shipments moving from Asia to the United States and Canada, effective September 1. Maersk said it […]
FMCS said in a statement issued Monday morning that bargaining that began last Wednesday continued during the weekend with assistance from FMCS Acting Director Scot Beckenbaugh.
London-based consulting firm Drewry said this contrasts with the preceding five years (2004-08), when operators’ fleet growth outpaced that of the lessors.
The company’s ocean transportation business had revenue of $321.1 million in the second quarter of 2014, a 3.6-percent increase, year-over-year, but it had a 4.4-percent decrease in operating income […]
Garamendi Congressman John Garamendi, D-Calif., ranking member of the House Transportation and Infrastructure’s Coast Guard and Maritime Transportation Subcommittee, has introduced legislation that would authorize the Secretary of the […]
Japan’s three largest shipping companies — NYK, MOL, and “K” Line — reported mixed results for the fiscal first quarter, which ended June 30 for each of the companies.
Hunter said Gulftainer is owned by Crescent Enterprises, based in the United Arab Emirates, and that the deal with Port Canaveral “marks the first time a Middle Eastern company […]
The two companies will introduce and utilize Ports America’s expertise, technology and safety programs at ITS gate, yard and vessel operations, and seek to expand its container terminal business.
Hanjin Shipping reported a 199.8 billion Korean won ($194.6 million) loss in the second quarter, compared to an 80.4 billion loss in the same period last year. Total […]
The company said it has sufficient cash on its balance sheet to fund the total acquisition cost; however, it may elect to finance part of the purchase price with […]
The Port of San Diego board of commissioners has placed Wayne Darbeau, its chief executive officer, on administrative leave and said he will be terminated at the end of […]
Horizon Lines reported a loss of $1.6 million in its second quarter, which ended June 22, compared with a loss of about $900,000 in the second quarter of 2013. […]
Seaspan has an ambitious orderbook, saying its “managed fleet consists of 109 containerships, representing a total capacity of over 840,000 TEU, including 30 newbuilding containerships” due by the end […]
Several groups in the San Francisco Bay area say they are going to attempt to prevent Zim ships from docking and discharging cargo at the Port of Oakland on […]
The two sides are trying to work out a new contract to replace the six year pact that expired on July 1. The ILWU-PMA agreement covers nearly 20,000 longshore […]
Port Commission Chairman Janiece Longoria said an Army Corps of Engineers report found the minimum net benefits of the improved Bayport and Barbours Cut channels to the U.S. economy […]
The Port of Savannah handled a record 3.14 million TEU in the fiscal year ending June 30, up by 6.3 percent, or 186,567 TEU, compared to the previous year. […]
The Hong Kong-based liner company said it moved 1,453,193 TEU in the period ending June 30, 11.2-percent more than in the same 2013 period, while revenues were $1.5 billion, […]
The Port of Oakland handled 205,692 TEU in June 2014, 4.6-percent more than in June 2013. Full export containers were 84,032, up 1.7 percent; full import containers were 73,853, […]
Qatar has become the majority owner of the United Arab Shipping Company (UASC), one of the most expansion-minded container shipping companies in the world. A U.S. Federal Maritime […]
Degnan was nominated by New Jersey Gov. Chris Christie and confirmed by the New Jersey State Senate on July 10. Christie has been slammed for the role members of […]
The International Longshore and Warehouse Union and employers represented by the Pacific Maritime Association resumed contact talks on Wednesday, following a break in which union negotiators attended a Longshore […]
In Vancouver, Canada, the carrier said that “an increase in volumes diverted away from U.S. West Coast, coupled with limited allocation in rail cars to U.S. corridors, has resulted […]
The project will improve access to the terminal gate complex and enhance the movement of new vehicles between BMW’s processing facility and the vessel-berthing area. The road improvements are […]
An array of sensors that provide ships and other users in the Port of Jacksonville with real-time tidal and weather information was dedicated Wednesday. The Physical Oceanographic Real-Time […]
Costamare, an Athens-based company that owns and charters containerships to liner companies, said it had net income in the second quarter ending June 30 of $27.4 million, compared to […]
The Piracy Reporting Center of the International Chamber of Commerce’s International Maritime Bureau is raising the alarm about an increase in small tanker hijackings. While the overall number […]
Roadrunner Transportation Systems of Cudahy, Wisc., said it has acquired Integrated Services, Inc., of Kokomo, Indiana, a regional logistics provider primarily focused the automotive industry, for $13 million. […]
“As I commented this past spring when preliminary cargo figures began rolling in, we’re really entering a great period here at the Port of Philadelphia,” said Charles G. Kopp, […]
Crowley is reportedly “in talks to acquire Horizon Line’s port facilities in San Juan and its service between the mainland and Puerto Rico,” according to the publication Caribbean Business, […]
Foreign shipping lines are resuming container service to Iranian ports. “Thai Wan Hai Company became the first foreign shipping line that resumed operation in Iran after its ship […]