Baltic Exchange shareholders approve acquisition by SGX
In addition, the Baltic Exchange has named Mark Jackson its new chief executive officer, who is replacing the current CEO Jeremy Penn.
In addition, the Baltic Exchange has named Mark Jackson its new chief executive officer, who is replacing the current CEO Jeremy Penn.
Under the strategic partnership, Herzog Technologies will provide short-line railroad operator Watco Cos. with positive train control program management and back-office hosting services, according to a spokesperson for Watco.
FedEx shuffles senior executives, while the Jacksonville Port Authority appoints new board officers.
The total value of cross-border freight between the United States and North American trading partners Canada and Mexico slipped another 6.4 percent year-over-year in June 2016, according to the Bureau […]
The South Korean carrier said certain providers have been charging its customers more than what it would have charged to transport cargo and has tried to intervene, taking its concern […]
Regulators in the United Kingdom ordered Amazon UK Services Ltd. to pay 65,000 British pounds (U.S. $84,288.92) for four counts of “causing dangerous goods to be delivered for carriage in […]
The parcel giant and unmanned aircraft manufacturer CyPhy Works have begun joint testing of drone usage for commercial package delivery in remote or difficult-to-reach locations.
The effects of the South Korean carrier’s decision to file for court receivership at the end of August is being felt widespread across thousands of businesses throughout the world.
The need for strict adherence to the terms of a letter of credit was made painfully clear in a recent federal appeals court decision to uphold a district court […]
Liner carriers’ obsession with ever-larger containerships in recent years left them fat with capacity during a persistently ho-hum global market and thus desperate to fill their vessels. For shippers […]
Terrorism’s long view American Shipper’s editor, Christopher Gillis, makes timely and cogent points in his August editorial about the need for continuing vigilance of security within international supply chains. […]
The Shanghai Containerized Freight Index fell 7.6 percent from last week to a reading of 794.10, as the short-term boost spot rates experienced in recent weeks from Hanjin filing for […]
The recent declaration of bankruptcy by South Korean ocean carrier Hanjin Shipping is a symptom of what ails the container shipping industry, not the cure, as some analysts seem to […]
In addition, the port authority’s commissioners approved a $3.4 million contract with Hatch Associates Consultants to develop a long range maritime master plan for future growth.
The World Trade Organization ruled in favor of the United States in a long, drawn out dispute with the European Union and four of its member countries over subsidies to […]
APM Terminals appointed A.P. Moller Shipping Services Chief Executive Morten Engelstoft to succeed current CEO Kim Fejfer, who will be taking up a new role at APM Holding A/S, according […]
The Port of New Orleans elects board chairman, while CHA Consulting names head of Transportation Group.
The U.S. Federal Maritime Commission has received 37 ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from A-Logixtic Group, Houston […]
The U.S. Federal Maritime Commission has received 37 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 37 ocean transportation intermediary license applications and changes for review.
Meanwhile, the Port of Oakland said the softening of the U.S. dollar has resulted in an increase in the port’s loaded export volumes, which rose 8.8 percent year-over-year for the […]
According the Associated Press, the U.S. Treasury’s Office of Foreign Assets Control has granted permission to Boeing and Airbus to export commercial aircraft to Iran.
The master developer and regulator of ports and industrial zones in Abu Dhabi saw a boost in net profits and revenues for the first half of 2016, and the amount […]
Edward Greenberg, the association’s general council, said the Federal Maritime Commission’s revision would offer “much needed flexibility” to non-vessel-operating common carriers when including rate and surcharge changes in their service […]
The seasonally adjusted For-Hire Truck Tonnage Index equaled 141.8 for the month, up 5.7 percent from July and 5.9 percent compared with August 2015, following a 2.1 percent decrease the […]
The Greenbrier Companies, Inc. names president for Greenbrier International, while Transervice Logistics appoints New England business development director and Hoyer picks new Chemilog director.
The National Retail Federation, along with a coalition of 120 retail, manufacturing and agriculture groups, sent a letter to U.S. Secretary of Commerce Penny Pritzker asking her to continue to […]
The New York State Department of Environmental Conservation has informed Global Partners an air quality renewal permit for its oil terminals at the Port of Albany, approved more than four […]
The Cedar Rapids, Iowa-based trucking company has appointed Hugh Ekberg as group president and chief operating officer.
Unishippers Global Logistics names chief executive officer, while the Transportation Intermediaries Association appoints chief of staff and Wabash National picks president.
Patrik Berglund, chief executive officer of Oslo-based ocean freight rate intelligence platform Xeneta, said Hanjin Shipping’s insolvency has “turned the market on its head,” but the real question is “how […]
Guido De Ciccio, senior vice president, Operations Western Region at Canadian Pacific, is retiring after 40 years with the Calgary-based Class I railroad, CP said in a statement.
The Norwegian e-navigation technology and services firm will represent the maritime industry in the European Union’s ENABLE project, which aims to study safety issues surrounding the use of autonomous vehicles […]
Intermodal pricing dropped for 20th straight month compared with the prior year period, according to the latest Cass Intermodal Price Index, and analysts with Avondale Partners expect the trend to […]
Meanwhile, several ports along the Great Lakes have highlighted their success throughout the 2016 shipping season.
Despite the Port of Los Angeles reporting that August was its strongest month for container volumes since October 2006, the Port of Long Beach posted an 8.9 percent year-over-year drop […]
The President of South Korea, Park Geun-hye, said corporate responsibility and moral hazards are creating adverse effects on its national economy and the government will not blindly support companies in […]
The new Copenhagen-based company LinerGrid said it uses advanced mathematical simulations to provide container lines with information in order to make decisions.
Industrial logistics real estate developer Global Logistic Properties will acquire an initial $700 million portfolio with an additional $400 million portfolio to be acquired in phases upon completion and full […]
A new Dutch Customs declaration, VENUE, will help shippers more efficiently import and export their e-commerce traffic through Schiphol.
The Omani port, which is equipped to handle the ultra-large containerships that have been entering service on the Asia-Europe trade, saw container volumes jump 29 percent year-over-year for the first […]
Dachser appoints managing director of European logistics in Germany, while FourKites names senior VP of business development.
The Federal Railroad Administration said it has released $25 million in grants for 23 rail improvements projects in 14 states and the District of Columbia.
Union workers with the French trade union CGT is joining with other labor groups to protest a bill it says contravenes conventions of the International Labour Organisation relating to collective […]
Major container ports in the United States handled 1.63 million TEUs in July, up 3.2 percent from June and 0.7 percent from July 2015, according to the monthly Global Port […]
Nadeem Velani, current vice-president of investor relations at Canadian Pacific Railway, will replace Mark Erceg as chief financial officer on an interim basis, according to a statement from the company.
In addition, the South Carolina Ports Authority announced Monday its plans to develop a second inland port in Dillon, S.C. to support growth of intermodal container volumes and expand access […]
Mxi Technologies names new CEO,; IAPH (America, North region) appoints new VP; ATA names CFO; Sandler, Travis & Rosenberg hires FDA regulatory consultant; and Morrison & Foerster appoints head of […]
Ed McCarthy, formerly the chief operating officer for CMA CGM America, has been appointed to serve as the chief operating officer for the Georgia Ports Authority.
Combined United States carload and intermodal cargo volumes fell 5.7 percent in August despite a 24.7 percent increase in grain carloads compared with the same 2015 period, according to data […]
Jerry Moyes, founder and chief executive officer of Swift Transportation Co., said he will retire from the 50-year-old nationwide trucking firm at the end of the year.
The U.S. steel export trade remained week in July since the majority of steel the nation exports is destined for Canada and Mexico, which have both been dealing with economic […]
Vargo appoints former Target supply chain VP to president of its Vargo Adaptive Software division, while The International Air Cargo Association elects a board member and the European Community Shipowners’ […]
The now insolvent South Korean ocean carrier released a status update Monday on the 97 vessels it operates, which illustrated that 59 of these vessels are still waiting in open […]
The South Korean ocean carrier has started discharging cargo in Long Beach following a court order from a U.S. bankruptcy court on Friday to protect the carrier.
Electronics manufacturer Samsung said in court filings that “cargo owners are being held hostage,” while Maher Terminals said it “is not required to extend free credit to Hanjin, and should […]
Jon Slangerup announced his resignation as chief executive officer of the Port of Long Beach and accepted a position as chairman and CEO of a leading aviation technology company.
Although the Shanghai Containerized Freight Index remained fairly stable from last Friday, with the overall reading inching up 2.4 percent, rates spiked on the Shanghai to Mediterranean trade.
Canadian Pacific Railway announced changes to its board of directors, including the appointment of Jill Denham and William R. Fatt, and the resignation of activist investor Bill Ackman.
Electronics manufacturer Samsung said in court filings that “cargo owners are being held hostage,” while Maher Terminals said it “is not required to extend free credit to Hanjin, and should […]
The newly established Drone Advisory Committee, which includes stakeholders from the aviation and unmanned aircraft industry, will meet at least three times a year to discuss the safe integration of […]
The U.S. Department of Transportation said the 18 infrastructure project grants awarded in fiscal year 2016 – collectively valued at nearly $800 million – will support $3.6 billion in infrastructure […]
The International Maritime Organization’s Ballast Water Management Convention now has enough vessel tonnage to bring the treaty into force, thanks to Finland signing onto the treaty.
During the month, Japan and South Korea continued to be top performers for beef exports from the United States, driven by strong demand for chilled beef.
The U.S. Commerce Department said it has launched a nationwide technology competition to help the country’s seaports and users to develop efficient port information-sharing technologies.
Cloud-based supply chain solutions developer ShipXpress has been acquired by GE Transportation, resulting in 200 employees from ShipXpress becoming a part of GE Transportation.
Limestone shipments on the Great Lakes slipped 13.5 percent year-over-year in August to 3.4 million tons.
The trade organization has called on terminals that are currently holding containers because of Hanjin’s financial troubles to release those containers immediately.
Members of California’s congressional delegation asked the federal government to get involved in the Hanjin insolvency, and Rep. Loretta Sanchez said Hanjin’s stranded ships may have goods needed to keep […]
The Halifax Port Authority appoints chairman and vice chairman, while Volga-Dnepr names head of energy and heavy machinery.
Members of California’s congressional delegation asked the federal government to get involved in the Hanjin insolvency, and Rep. Loretta Sanchez said Hanjin’s stranded ships may have goods needed to keep […]
The South Korean ocean carrier filed for recognition of its Korean insolvency proceeding in the United States Friday in the U.S. Bankruptcy Court for the District of New Jersey and […]
The shipping industry is being roiled by Hanjin’s decision to file receivership, with spot rates surging, cargo being stranded on vessels, and now lawsuits are being filed by shipowners.
The U.S. Surface Transportation Board issued an Advance Notice of Proposed Rulemaking proposing a new procedure to resolve small rate disputes between shippers and Class I railroads.
Cargo shipments grew for the second straight month in July 2016, rising 1.8 percent compared with the same 2015 period after a 2.7 percent year-over-year increase in June, according to […]
Syed Vagar Ashraf of Lahore, Pakistan was sentenced to 33 months in jail by U.S. District Judge Rosemary Marquez of the District of Arizona for attempting to export controlled items […]
Norm Krehbiel, who has been named the Port of Longview’s new chief executive officer, originally joined the port in 1993 as director of facilities and engineers, and was later named […]
Logistics and marine services provider GAC Group shuffles regional VPs, while Virgin Atlantic Cargo appoints regional sales manager for continental Europe.
Carriers may seek to “turn the table” on shippers who drove hard bargains, but an upturn in rates may be short-lived.
The total value of cross-border freight between the United States and North American trading partners Canada and Mexico slipped another 6.4 percent year-over-year in June 2016, according to the Bureau […]
The overall rate of fatal crashes involving passenger vehicles increased for the first time in three years to 1.12 deaths per 100 million vehicle miles travelled, according to a recent […]
Export volumes in New Zealand increased 10 percent for the second quarter of 2016, after adjusting for the usual seasonal patterns.
U.S. Customs and Border Protection said the shoes were seized by staff assigned to the ports of Los Angles and Long Beach, and if genuine, they would have had a […]
Memphis, Tenn.-based third-party logistics provider Mallory Alexander appoints chief administrative officer, while the Port Authority of New York and New Jersey selects general counsel.
Following Hanjin Shipping filing for receivership, Hyundai Merchant Marine will start up two new services, one between Korea and the U.S. and one between Korea and Europe.
The 3rd U.S. Circuit Court of Appeals affirmed the dismissal of a federal complaint filed against the Waterfront Commission of New York Harbor over a hiring dispute.
The U.S. Transportation Department’s Federal Highway Administration said it will release $14.2 million in grants to a total of seven states through a grant program that was established by the […]
The U.S. Commerce Department found that dumping occurred by Prinx Chengshan (Shandong) Tire Co., Ltd. at a preliminary dumping margin of 20.87 percent, while other Chinese producers and exporters of […]
Korea’s Financial Services Commission said the government will promote sales of Hanjin Shipping’s core assets to Hyundai Merchant Marine in a bid to maintain competitiveness of the Korean shipping industry.
Korea’s Financial Services Commission said the government will promote sales of Hanjin Shipping’s core assets to Hyundai Merchant Marine in a bid to maintain competitiveness of the Korean shipping industry.
Legislation signed last week by Gov. Jerry Brown may have dealt the final blow to a Port of Oakland plan to bring coal cargoes to its terminals by prohibiting the […]
Shipping research and consulting firm Drewry projects the global leased container equipment operating fleet will increase by a little more than 1 percent in 2016.
U.S. gross domestic product increased 1.1 percent in the second quarter of 2016, according to the “second” estimate from the Department of Commerce, following a revised increase of just 0.8 […]
Kalmar, a subsidiary of cargo-handling equipment and systems manufacturer Cargotec, appoints new head of the Asia-Pacific region, while the Florida East Coast Railway names VP of carload sales.
The Shanghai Containerized Freight Index slipped 0.2 percent since last week to a reading of 596.38.
The new regulation, Chapter 173-185 WAC, Oil Movement by Rail and Pipeline Notification, establishes reporting standards for facilities receiving crude oil transported by rail and pipeline, according to the Washington […]
Reported cargo thefts in the state of Rio de Janeiro for the second quarter surged 34 percent year-over-year to 2,151 reported incidents as the nation’s economy continues to shed jobs.
The United States boosted steel import volumes 12.3 percent month-over-month in July to 3.17 million net tons, thanks to a surge in steel imports from Brazil.
SEKO Logistics named Michael Christensen president of SaaS and CPO of International Supply Chain Solutions to lead a new business unit focusing on the third-party logistics provider’s service-as-a-software technology solutions.
The Icelandic shipping company reported net earnings of 8.8 million euros on revenues of 126.1 million euros for the second quarter of 2016.