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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 […]
The Ontario Teachers’ Pension Fund, which owns marine terminal operations at ports in New York and Vancouver, Canada, is actively seeking to grow its portfolio of infrastructure assets. But […]
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 […]
Aluminerie Alouette expects to ship close to 500,000 metric tons of aluminum to U.S. ports including Oswego; Toledo, Ohio; and Detroit on barges owned by McKeil Marine over the […]
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 […]
U.S.-flag Great Lakes carriers moved about 11.36 million tons of cargo in July, their highest monthly total in two years, according to the Lake Carriers’ Association, which represents 17 […]
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.
APM Terminals Izmir in Turkey has recently ordered three ship-to-shore quay cranes capable of handling containerships larger than 10,000 TEU from ZPMC in China. In addition, the terminal […]
Third party logistics services provider Agility has entered a partnership with Shanghai International Port Group Logistics (SIPGL) to expand its East China ocean freight services. The agreement covers […]
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 […]
“Exports to most other trading partners are down for the year, though two notable — and, perhaps, surprising — exceptions are Venezuela and Russia,” said the American Institute for […]
China’s export restraints, the U.S. government had warned, “artificially increase world prices for these raw material inputs while artificially lowering prices for Chinese producers.”
A bumper crop of Canadian grain has led to a 70-percent increase in maritime shipments via the St. Lawrence Seaway over last year’s season, according to the Chamber of […]
The U.S. Commerce Department on Wednesday reported that the country’s exports of goods and services reached a record $195.9 billion, eclipsing the previous month’s amount by more than $300 […]
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 […]
Shipments of limestone on the Great Lakes totaled 4,090,079 tons in July, the highest total for the trade since July 2012, according to the Lake Carriers’ Association, which represents […]
“We are making good on our promise to help residents in states affected by natural disasters and other emergencies,” said Transportation Secretary Anthony Foxx in a statement.
The U.S. and Kenyan governments on Wednesday signed a Customs Mutual Assistance Agreement to collaborate on security and trade facilitation. “This agreement will expand our efforts to combat […]
Sunland Logistics Solutions, a South Carolina-based third party logistics services provider, has entered a partnership with Artisan Logistics as their in-house carrier to support Sunland’s customers with transportation services […]
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.
The bank also announced that it will pledge $3 billion in financing to support U.S exports to Sub-Saharan Africa over the next two fiscal years.
The White House announced Tuesday that the United States has entered an agreement to boost trade and investment with the Economic Community of West African States. “Africa […]
Less-than-truckload carrier Dayton Freight has relocated its Columbia, Mo., service center. The facility includes 32 truck doors and was “constructed in response to increased customer demand,” the company […]
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,” […]
Hewlett-Packard Co. has agreed to pay $32.5 million to settle allegations under the False Claims Act that it overcharged the U.S. Postal Service for products between October 2001 and […]
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 TFA was part of a package of agreements approved at the WTO’s meeting seven months ago in Bali, Indonesia. The agreement, focused on trade facilitation, was expected to […]
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.
Deutsche Bank recently put Maher on the sales block. Maher operates the largest terminal in the Port of New York and New Jersey, as well as the Prince Rupert intermodal […]
“The Chong Chon Gang episode, in which the [North Korean government] tried to hide an arms shipment under tons of sugar, is a perfect example of North Korea’s deceptive […]
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.
The Port of Redwood City in Northern California reported a 19-percent increase in cargo volumes for fiscal year 2013-2014, ended June 30. The port authority said the increase […]
Crowley Maritime Corp.’s solutions group has expanded its presence in the Asia-Pacific market by opening a new project-management office in Singapore. William Hill has relocated from Crowley’s Anchorage […]
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 U.S. economy increased at an annual rate of 4 percent in the second quarter of 2014, compared to a first quarter decrease of 2.1 percent. The Commerce […]
Liner carrier Hamburg Süd has opened an office in Nanjing, increasing its operational footprint in China to 20 locations. All tasks that were previously carried out by the […]
During the second quarter, C.H. Robinson saw total revenues rise 6.5 percent, year-over-year, to more than $3.5 billion, as net income increased by 6 percent to $118.5 million. […]
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 […]
A senior U.S. Commerce Department official told a group of exporters attending a conference in Washington Tuesday that while recent reforms to the country’s export control regulations should make […]
Florida’s Port Manatee has been awarded a $1,837,500 security grant, allowing it to move ahead with three projects. The award, the second-highest for any Florida port in the […]
Carrier Transicold has released its new XtendFRESH atmosphere control system, which preserves quality and extends shipping distances for perishables shipped in refrigerated containers. The system uses a self-regenerating, […]
For years, Jeanne Shaheen, D-N.H., and Pat Toomey, R-Pa., along with Sen. Mark Kirk, R-Ill., have led a bipartisan effort to reform the U.S. sugar program, which has cost consumers […]
Kenny E. Toy, 54, a former afloat programs manager at the U.S. Navy’s Military Sealift Command, was sentenced Tuesday to serve 96 months in jail for taking bribes. […]
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. […]
The U.S. Commerce Department’s Bureau of Industry and Security is further restricting trade with Russia in response to the country’s continued support of separatists in eastern Ukraine. In […]
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 […]
Exel has formed a new freight brokerage company, Exel Freight Connect, to help connect its customers with carriers across the United States, Canada and Mexico. The new company […]
Steel imports from Canada were up just more than 1 percent to 534,000 net tons, while imports from South Korea dropped almost 22 percent to 457,000 net tons, after […]
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 U.S. Commerce Department has determined that imports of certain electric-generating solar panels imported from China and Taiwan are being dumped on the U.S. market. Dumping occurs when […]
Five years after its implementation, the Earned Import Allowance Program is not providing enough incentives to help reverse the decline in Dominican apparel exports to the U.S. market, according […]
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 […]
Dachser Transport of America Inc. has opened a new office in St. Louis, expanding its footprint in the Midwest. The office is located in the St. Louis Customs […]
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, […]
Port Freeport in Texas recently received two new post-Panamax cranes from Shanghai. Both cranes will occupy a portion of Berth 7 at Velasco Terminal. They stand just under […]
