News

Vanguard Logistics has opened two offices in Indonesia, one in Surabaya in East Java and the other in Semarang, the country’s capital.

Non-vessel-operating common carrier Vanguard Logistics Services has opened a fourth office in Indonesia at Belawan.

The non-vessel operating common carrier established a new agent partnership with NVO Consolidation.

Container volumes at the largest U.S. East Coast port were up 3.3 percent for the month compared to November 2014, when the previous record was set.

Under Seaton’s leadership, ocean carrier APL pioneered industry innovations like larger-than-panamax containerships, doublestack trains, and domestic intermodal service.

The Canadian Transportation Agency has ruled Canadian National and Canadian Pacific exceeded their Western grain revenue entitlements for crop year 2014-2015 and will be required to repay the difference.

Spot container rates from Shanghai to Northwest Europe and the Mediterranean rose by 115.0 percent and 146.5 percent, respectively, last Thursday compared to Friday, Dec. 25.

Hebei Port Group and Tianjin Port Group have signed a framework agreement to purchase and operate port cargo facilities in each of their respective port areas.

Jacksonville, Fla.-based logistics services provider Momentum Transportation – USA, a Landstar agency, has acquired Get Fr8 and expects to benefit from its intermodal capabilities.

The Russian container transport company handled 113,387 laden containers during the first 9 months of 2015, an increase of 6.3 percent from the corresponding period in 2014.

The Hong Kong-based logistics services provider opened an IT development center in Penang, Malaysia today.

UPS appoints new general counsel, while customs and trade lawyer starts new firm in Miami.

The National Surface Transportation Board found the bridge of the ill-fated TOTE Maritime Puerto Rico general cargo vessel a half mile away from the rest of the wreck after it […]

Texas-based oil firms ConocoPhillips, NuStar and Enterprise Product Partners are racing to see who will be the first to export oil from the United States after Congress lifted the 40-year-old […]

Dubbed “National Returns Day,” Jan. 6 marks the date that American consumers are expected to make the most returned product shipments after the holiday season.

Worldwide airfreight volumes dropped 0.9 percent year-over-year in November, according to the latest figures from industry analyst World ACD.

Changes resulting from the implementation of the Union Customs Code and SOLAS container weight regulations will be just as important as economic issues in the coming year, according to the […]

The dedicated Asia-Oceania AAX service and the NEMO loop between Europe, Africa, Oceania, Asia and the Indian Subcontinent will change one vessel each, increasing their average vessel capacity by 2.5 […]

The port operator signed a contract with Gulf Marine Services, which will move its construction and maintenance yard in Mussafah, Abu Dhabi to a larger site closer to the channel […]

The freight division of Emirates secured a charter from a Japanese construction company to transport equipment from Tokyo’s Narita Airport to Entebbe, Uganda via its cargo hub in Dubai for […]

The U.S. Coast Guard closed a five-mile stretch of the Mississippi River near St. Louis due to high water levels and fast currents caused by the winter storm Goliath.

By telling customers up front that package delivery on its two- and three-day shipping services would take an extra day to deliver during the week of Christmas, UPS may have […]

The investment firm set a target price of $182 per share for FedEx Corp., a premium of nearly 22 percent on the stock’s closing price yesterday.

The government of South Korea also plans to require downsizing and restructuring of its shipyard industry, according to multiple media reports.

Although the port handled less containerized and conventional cargo in terms of tonnage for the first 11 months of 2015 compared to last year, it handled more oil and non-oil […]

The Jawaharlal Nehru Port Trust, which manages the Port of Jawaharlal Nehru in western India, broke ground on the development of an inland port in Jalna, India.

The French ocean carrier says the 18,000-TEU ship Benjamin Franklin is the “future of container shipping,” but it has no immediate plans for deploying such large containerships in the transpacific […]

Multiple labor groups are awaiting determinations from the National Labor Relations Board and an arbitrator on contract claims regarding a new APL service between Japan and Guam, according to Don […]

Ocean carrier members of the G6 Alliance are scheduled to skip a total of 10 sailings throughout February on Asia-North America and Asia-Europe loops.

The Dow Jones Transportation Average closed at $7,566.70 on Monday, Dec. 28, down nearly 18 percent compared to December 2014.

The U.K.-based port operator acquired Great Yarmouth Port Company Limited from International Port Holdings.

The Bureau of Industry and Security has published a proposed rule to revise its guidance on charging and penalty determinations to settle administration enforcement cases involving alleged export control violations.

New orders for manufactured durable goods grew $0.1 billion to $238.8 billion in November following a revised increase of 2.9 percent in October.

The Slovenian port handled a record number of vehicles during 2015 and expects to see even stronger results in 2016 due to new businesses and regular connections with the Far […]

The Chinese government’s Assets Supervision and Administration Commission of the State Council has approved a reorganization of the two shipping companies that “aims to achieve economies of scale and synergies.”

Fred Potter, head of the Teamsters port division, predicts the port trucking industry will have to convert from an independent contractor model to one of employee drivers.

The city released a “Request for Expressions of Interest and Information (RFEII) for Maximizing Economic Benefits” and is looking at the possible use of Newark Port land by a private […]

Christmas came late for some FedEx customers this year as the company scrambled to handle inclement weather in the Midwestern United States and record e-commerce orders.

Some fines are targeting roll-on/roll-off firms for alleged price fixing in the transportation of automobiles, while others are aimed at container companies for reported issues with tariff filing.

Container rates from Shanghai to Northwest Europe and the Mediterranean inched up last Friday compared to the Dec. 18 reading, while rates to the United States remained flat.

The European Shippers’ Council says shippers want to know how to practically work with guidelines put in place by new International Maritime Organization regulations regarding container weights, which go into […]

United States gross domestic product expanded at an annualized rate of 2.0 percent in the third quarter of 2015, according to the third estimate from the Department of Commerce’s Bureau […]

The U.S.-owned and operated marine solutions, transportation and logistics company took delivery of the second of the four LNG-ready, Jones Act product tankers from Philly Shipyard, Inc. last week.

In an annual survey conducted by the Rotterdam School of Management at Erasmus University, shippers from the Netherlands ranked “reliability of booking” as the most important service concern.

The U.S. Department of Agriculture said the United States in October exported more ethanol to China than in the previous 10 years combined.

The cargo handling agent in Hong Kong handled 2,242 full freighters in November, an increase from the previous monthly record of 2,232 full freighters set in November 2014.

The refrigerated trucking specialist opened a $5 million multi-temperature storage facility in Yangon, Myanmar.

Ocean carriers Maersk Line and Emirates Shipping Line issued general rate increases.

Construction, mining and power generation equipment manufacturer Caterpillar is among a growing number of U.S. companies seeking to end the trade embargo in order to tap the Cuban consumer market.

Deployed capacity from Asia to the West Coast of South America will decrease by 15 percent by the end of the year compared to the middle of December as a […]

Fred Potter, head of the Teamsters port division, predicts the port trucking industry will have to convert from an independent contractor model to one of employee drivers.

A proposal for the development of an inland port in the eastern Pennsylvania town of Bethlehem is being floated by the Port of New York and New Jersey in an […]

The Shanghai Stock Exchange has given the two companies three days to respond to detailed questionnaires about their potential deal, which would create the fourth largest ocean carrier worldwide.

The Canadian government this week said it will not apply WTO-authorized retaliatory tariffs in response to the U.S. Congress’s repeal of country origin labeling requirements.

As part of the Danish ocean carrier’s cost cutting plan, Vincent Clerc will replace Stephen Schueler as chief commercial officer, while Michael Hansen will move from Seago to become Maersk’s […]

The price of Brent crude, the global benchmark for oil prices, fell to its lowest level since 2004 on Tuesday as global supply continues to outpace demand.

The seasonally adjusted For-Hire Truck Tonnage Index for November 2015 equaled 134.3, down from 135.5 in October but up 0.2 percent from November 2014, according to the American Trucking Associations.

Saverco has acquired all the outstanding shares of ship and aircraft lessor CMB and delisted it from Euronext Brussels on Dec. 22.

The Sri Lankan port established a record by reaching a container throughput of 5 million TEUs since the beginning of 2015.

Class I U.S. railway Norfolk Southern will consolidate the operations of two of its coal docks, both of which are located in northern Ohio on Lake Erie.

The Slovenian port is projecting an additional 4 percent year-over-year jump in throughput to 21.4 million tons in 2016 as the port continues to undergo major upgrades.

The Israeli ocean carrier said it plans to expand its refrigerated container fleet in order to accommodate the rising demand from its ZIMonitor service.

Emirates Motor Company supplied the third party logistics provider with 30 new Mercedes-Benz Actros Benz trucks to add to its delivery fleet.

SEKO Logistics appoints VP of business development, while Finnair Cargo names new head of global sales.

With only 57 active ships in the Maritime Security Program, MarAd is seeking additional vessels and increasing the per ship stipend from $3.1 million to $5 million to help U.S.-flag […]

The second highest court in the European Union has reversed a prior European Commission decision to impose over $850 million in fines on 12 airfreight carriers for alleged anti-competitive behavior.

Singapore Post Limited Group Chief Executive Officer Wolfgang Baier stepped down abruptly on Dec. 10, according to a statement from the company.

Texas-based University Furnishings has agreed to pay $15 million to resolve a lawsuit brought under the False Claims Act that it evaded duties on furniture imports from China.

The Moscow, Russia-based cargo airline handed 439,000 tons of cargo during the first 11 months of 2015, a 20 percent year-over-year increase.

U.S.-flag vessel operators on the Great Lakes have committed over $110 million in 2016 to maintain and upgrade their vessel fleets.

The forwarder established the Southern rail corridor, a multimodal service between China and Turkey that occupies a critical juncture within the Silk Road Economic Belt.

The Panama Canal Authority has yet to select a commercial opening date, but says it will be “soon after the inauguration” of the widened waterway following transit trial tests with […]

Container shipping will see mergers and alliance shifts in 2016, but still rocked by overcapacity.

The latest BlueWater Reporting Carrier Report gives readers an industry insider perspective of the potential sale of NOL to CMA CGM, the company’s recent financial performance, and an analysis of […]

   Ocean carrier APL, a subsidiary of Singapore’s Neptune Orient Lines, finds itself in an interesting position at present. Despite the formation of the G6 Alliance, of which APL is […]

   Don’t be bashful. When it comes time to negotiate service contracts with the liner carriers this spring, shippers and non-vessel-operating common carriers should go for the lowest rates possible […]

   A U.S. District Court agreed in August to have antitrust lawsuits filed by shippers against roll-on/roll-off shipping companies dismissed. (In Re Vehicle Carrier Services Antitrust Litigation. U.S. District Court, […]

FTZs are a growing strategy for duty management, but it takes software to maximize value.

MER Group to operate ship demolition yards in Puerto Rico and Europe.

   It’s not only liner companies like CMA CGM and APL or COSCO and China Shipping that are combining.    In November, Triton Container International Ltd. and TAL International Group […]

The French Competition Authority has ordered a total of 20 companies to pay nearly $740 million in fines for alleged anti-competitive behavior in the French parcel delivery sector.

The improved productivity resulting from the institution of variable pricing would be worth $2 billion to $3 billion annually, according to estimates from management consulting firm McKinsey & Co.

Carriers will face continued competition from operators of both container and handy-size bulk ships, according to the London-based ship consultant’s latest Multipurpose Shipping Market Review and Forecaster report.

The Marseille Fos port authority’s Fos port-industry zone will become the site of France’s first demonstration plant for a ‘Power to Gas’ project.

The European shipping and transport company launched a daily rail freight shuttle between Italy and Rotterdam and Zeebrugge as part of a comprehensive multimodal link between England and Italy.

Inchcape Shipping Solutions became NileDutch’s new agent in Alexandria, Egypt.

Ocean carriers CMA CGM, Hapag-Lloyd, MOL, OOCL and Hamburg Sud issued general rate increases on several trade routes.

Changes to free time policies “must be carefully considered” and should not come until after a planned overhaul of appointment systems, the Los Angeles Customs Brokers & Freight Forwarders Association […]

The Evergreen Group’s Colon Container Terminal will be equipped to handle the much larger containerships that will be able to transit the Panama Canal when its expansion project is completed […]

Ocean carrier Hanjin will terminate its CKA loop between Asia and Oceania and will join a loop connecting Japan, Korea and China with Australia in February.

The Maersk intra-Americas affiliate’s “Atlantico” service from Altamira and Veracruz will offer rapid transit time to shippers of produce and other foodstuffs, according to a statement from SeaLand.

Truckload pricing grew 1.6 percent for the month compared to November 2014, the ninth consecutive monthly increase, according the latest Cass Truckload Linehaul Index.

The independent common carrier commenced its Inter-Egypt Service this week and will launch its Egypt Izmir Service at the beginning of January.

Rates dropped another 2.4 percent in November compared to last year, the tenth consecutive month prices have fallen, according to the latest Cass Intermodal Price Index.

The Taiwanese ocean carrier will purchase slots on the CKI service, which is jointly operated by KMTC and TS Lines.

The Eurofos terminal, which is located in the French Mediterranean port’s western harbor, acquired two 54-meter high cranes with a 72-meter outreach.

Monthly volumes at the Southern California port have exceeded 700,000 TEUs for the past six months, and the port is currently preparing for the arrival of the largest containership ever […]

The Memphis, Tenn.-based integrator reported net income of $691 million on $12.5 billion in revenues in the second quarter of fiscal year 2016 ended Nov. 30, year-over-year increases of 4.2 […]

The Prince Rupert Port Authority and port terminal operator DP World have agreed to study the further expansion of the Fairview Container Terminal beyond its current enlargement project.

The Northwest Seaport Alliance, whose operations encompass the Port of Seattle and Port of Tacoma reported November volumes are up 18 percent compared with November 2014, due in part to […]