Reporting loss, Hanjin expects better results in Q2
Hanjin Shipping said it had a net loss of 224.5 billion South Korean won ($219 million) in the first quarter of 2014, compared to a net loss of 34.7 […]
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Hanjin Shipping said it had a net loss of 224.5 billion South Korean won ($219 million) in the first quarter of 2014, compared to a net loss of 34.7 […]
Chiquita plans to ship 60,000 TEUs to 70,000 TEUs of cargo per year via New Orleans, generating a 15-percent increase in container volumes at the Louisiana port. Chiquita’s ships […]
The Israeli shipping line Zim says that its “marine operations, head office, agencies and customer service teams are all back to routine” after being disrupted by protests. “Further […]
Third-party logistics services provider UTi Worldwide has opened a new facility in the Houston area that will allow it to expand its work with the energy sector. “UTi […]
Zim said Wednesday it will restructure its services between the United States and Mediterranean in cooperation with Hapag-Lloyd. Zim said the changes, aimed at introducing improved products and better […]
NOL Group, the parent company of the container shipping company APL and APL Logistics, said it had a loss of $98 million in the first quarter, compared to a […]
The U.S. Commerce Department’s Bureau of Industry and Security on Tuesday published regulations that will change the way U.S. export controls are applied to most commercial, scientific, and civil […]
The U.S. Federal Maritime Commission has received 49 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from AC Shipping, Newark, N.J. (Alexander […]
The U.S. Federal Maritime Commission has received 49 ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from ABF Global Supply […]
Hapag-Lloyd reported a loss in the first quarter of 119.1 million euros ($163.4 million) compared with a loss of 93.6 million euros in the first quarter of 2013, and […]
The Army Corps of Engineers has permitted construction of the Houston Port Authority’s Bayport and Barbours Cut channel improvement projects, and approved the federal assumption of maintenance of the […]
Liner carrier Mediterranean Shipping Co. will consolidate its activities at the Port of Antwerp’s Deurganck dock on the left bank of the Scheldt river. The Antwerp Port Authority said […]
BlueGrace Logistics, which operates on a franchise model, is making a push to expand in the New York market. The process for obtaining a franchise with the company […]
“The company does not rule out the possibility of deepening cooperation agreements with other players in order to achieve greater stability, both in fleet and in service coverage,” CCNI’s […]
U.S. steel exports experienced a significant rebound in March, though they remained below the levels of a year earlier, according to U.S. government data analyzed by the American Institute […]
The U.S. International Trade Commission on Friday determined that there’s a “reasonable indication” that a U.S. industry is harmed by sugar imports from Mexico that are allegedly subsidized and […]
“Lake Superior’s ice was so challenging that the U.S. and Canadian Coast Guards had to convoy freighters the entire month,” the Lake Carriers’ Association said, noting that vessels couldn’t […]
Non-vessel-operating common carrier Shipco Transport has opened a new office in Chongqing, China. Consolidations from Chongqing will route through the NVO’s Shanghai gateway. “China’s focus is moving […]
The much-anticipated negotiations on a new contract between the International Longshore and Warehouse Union and their employers at 29 West Coast ports, represented by the Pacific Maritime Association, started Monday.
When the ocean shipping e-commerce network INTTRA announced a new partnership with the rate and contract management solutions provider Catapult International in late April, it seemed like significant news. […]
Public-private partnerships provide $26 billion to upgrade country’s maritime facilities. The government of Brazil has embarked on an ambitious, multibillion-dollar port modernization and expansion program to help make the […]
Latin America’s growth is attractive, but carriers to the region face potential for overcapacity. In January, U.S. Commerce Secretary Penny Pritzker announced the government’s “Look South” Initiative focused on […]
Businesses that control freight have leverage to keep down additional costs. Global Shippers’ Forum (GSF), an umbrella organization of shippers groups such as the National Industrial Transportation League (NIT […]
While not the sole cause, lack of adequate infrastructure to keep up with the rapid growth in container traffic in Latin America is one of the contributing factors to […]
How Vietnam’s once promising container future was scuttled by poor port planning and an ill-timed economic downturn. Editor’s note: The cover story of the December 2007 issue of American Shipper […]
As representatives of the International Longshore and Warehouse Union and Pacific Maritime Association negotiate a new labor contract to replace the one that expires July 1, shippers say they […]
Is an offshore drilling rig — a vessel so large that it cannot pass through the Panama Canal — “merchandise” subject to the Jones Act’s restriction that cargo transported […]
The importance of maintaining and improving infrastructure cannot be overstated. That’s because when cargo movement is delayed, redirected or seriously impeded, critical shipping deadlines are missed, orders get canceled, […]
EPA ramps up effort to improve air quality around nation’s seaports.
The Kuwait-based logistics and infrastructure company Agility said it had a net profit of 11.24 million Kuwaiti dinar ($40 million) in the first quarter of 2014, 11 percent more […]
Virginia Gov. Terry McAuliffe vowed to shipping representatives of the Hampton Roads port area that he will raise the state’s East Coast ranking in agriculture and forest products exports […]
London-based Drewry has created a product that it says will allow shippers to share information about trends in contract shipping costs.
LNG container ships are coming to the European short sea trades. The Finnish short sea operator Containerships Ltd Oy, GNS Shipping/Nordic Hamburg, and ARKON Shipping said Wednesday they […]
FedEx said that effective next year, its FedEx Ground service will apply dimensional weight pricing to all shipments. Currently, FedEx Ground applies dimensional weight pricing only to packages […]
Maersk Line said it is making changes in its transatlantic services this month, ending its TA1 and TA5 services. “We will now be operating a consolidated transatlantic service […]
Matson said Monday that it had a profit of $3.4 million in the first quarter ending March 31 compared to $9.1 million in the first quarter of 2013. […]
The United States needs a larger U.S.-flag fleet to support national security requirements and boost the economy, and that requires adopting policies to help expand international cargo opportunities for […]
The governors of New York and New Jersey have created a panel to “review the operations and procedures of the Port Authority of New York and New Jersey.”
The U.S. Commerce Department on Tuesday reported that the country’s exports of goods and services in March increased to $193.9 billion from $190 billion in February. Record exports […]
The U.S. Department of Agriculture has announced a change to the regulations for the Technical Assistance for Specialty Crops (TASC) program that it says expands the range of projects […]
Condolences and remembrances continued to pour in Monday for former House Transportation and Infrastructure Chairman James Oberstar, who died unexpectedly over the weekend. The Minnesota congressman carved out a […]
AmeraMex International, a Chico, Calif.-based provider of heavy equipment to logistics companies and stevedores, infrastructure construction firms, commercial farmers and mining companies, entered into a memorandum of agreement (MOA) […]
Non-vessel-operating common carrier Shipco Transport has started a new direct less-than-containerload service from Los Angeles to San Jose, Costa Rica, in conjunction with WorldWide Alliance partner PCS. This […]
Swiss freight forwarder Kuehne + Nagel has opened a container freight station (CFS) in Phnom Penh, Cambodia. It’s the second-largest facility of its type in Phnom Penh that […]
Third-party logistics services provider Norbert Dentressangle will purchase the logistics assets of MGF, a subsidiary of the G7 Group, consisting of nine warehouses in France. With a combined […]
The Transpacific Stabilization Agreement (TSA) is recommending a freight rate increase of $700 per 40-foot container on July 1 for “protein shipments” –refrigerated meat such as beef, pork and […]
The U.S. Justice Department’s Civil Rights Division on Monday reached an agreement with Penske Truck Leasing Co. resolving claims that the company violated the 1994 Uniformed Services Employment and […]
Bay & Bay Transportation of Rosemount, Minn., has acquired J&C Trucking of Baldwin, Wis. Terms of the deal were not disclosed. Bay & Bay said the purchase […]
ROAR Logistics has acquired Phoenix-based Legend Transportation Group (LTG). Through the purchase, ROAR adds LTG’s less-than-truckload systems and services to its third-party logistics services offerings. ROAR’s acquisition […]
The New York Shipping Association, the ILA and American Legion will hold a job fair focused on hiring honorably discharged veterans for port jobs in the Port of New […]
A large retail industry association said in a report that many imports sold in the United States may contain more U.S. parts and other content, in addition to supporting […]
The U.S. Department of Agriculture’s undersecretary for farm and foreign agricultural services, Michael Scuse, and a group of representatives from 28 trade associations and companies are in northeast China […]
MSC said it will start a new direct service connecting India, the Middle East, the Red Sea and the United States.
The logistics security services firm FreightWatch International said in the first quarter of 2014, it recorded 206 full-truckload cargo theft incidents in the United States, with 82 thefts in […]
The Alabama State Port Authority Board of Directors on Friday authorized the acquisition of two industrial tracts at the Port of Mobile, the authority announced Monday. The tracts […]
The U.S. Department of Agriculture’s Foreign Agricultural Service will start accepting claims from domestic manufacturers citing economic harm caused to them by tariffs on cotton fabric that are higher […]
A safety feature that has been incorporated into the 70-acre expansion of the Global Container Terminal in Jersey City/Bayonne has set off a disagreement between the International Longshoremen’s Association […]
ArcelorMittal said it has signed a an agreement to sell its 78-percent stake in the European port handling and logistics company ATIC Services to H.E.S. Beheer, the owner of […]
A company owned by International Container Terminal Services, Inc., based in Manila, Philippines, and Anglo Ports, based in St. Leonards, Australia, have signed a contract for the design, construction, […]
The Port Authority of New York and New Jersey said it has completed a major roadway improvement project in the area around its major container terminals in Elizabeth, N.J. […]
Maersk Lines said that it will begin imposing a peak-season surcharge June 1 on cargo moving through the East Coast Canadian ports of Montreal and Halifax. Officials said […]
Non-vessel-operating common carrier Ecu-Line has opened a new branch office in Fremantle, Australia. The port of Fremantle services the capital city of Perth and the entire state of […]
With negotiations on a new labor agreement between the International Longshore and Warehouse Union and employers represented by the Pacific Maritime Association due to start on May 12, the […]
Port Newark Container Terminal said it will add three super-post-Panamax ship-to-shore cranes this year that will be able to accommodate larger vessels and increase the terminal’s capacity.
Yang Ming said this week it will expand cooperation and upgrade its intra-Asia services as follows: Effective April 30, its Pan-Asia Service II (PA2) jointly operated with COSCO and […]
Danish logistics services firm Martin Bencher Group has acquired tti Logistics ApS. Tti Logistics, based in Copenhagen, provides air freight forwarding, customs clearance and other logistics services. […]
U.S. Customs and Border Protection is seeking to fill 2,000 additional officer positions at air, land and sea ports across the country. “As a result of funding provided […]
The rating agency Moody’s said it has revised its outlook for the global shipping industry to stable from negative, reflecting its expectation that the shipping industry’s aggregate (EBITDA) will […]
The U.S. Export-Import Bank has appointed 11 members to its 2014 Sub-Saharan Africa Advisory Committee. Committee members advise the bank on the development and implementation of policies and […]
Industrial real estate developer Prologis and DP World have entered a joint venture to develop a 316,000-square-foot distribution center at London Gateway Logistics Park. The park, which is […]
A pathologist in the Seychelles has concluded that the two security guards found dead on February 18 aboard the Maersk Alabama while it was docked in Port Victoria died […]
The U.S. Commerce Department has added eight Chinese companies and one Chinese individual to its Entity List for their roles in supplying Iran’s ballistic missile program through the Chinese […]
Florida’s Port Everglades said trucks from the Chiquita Ripening Center and International Warehouse Services fumigation facility are now allowed to exit from Eller Drive between midnight and 4 a.m., […]
Non-vessel-operating common carrier Ecu-Line has opened a new office in Davao, Philippines. The company first entered the Philippines in 2001 and established offices in Manila and Cebu. […]
A small group of truckers and its supporters on Monday began a two-day campaign of protests and picketing at the ports of Long Beach and Los Angeles, which temporarily […]
INTTRA announced Tuesday a strategic agreement with Catapult International to sell integrated rate and contract management capabilities to freight forwarders, shippers and carriers that use INTTRA’s global e-shipping solutions.
As part of a series of sanctions, the Commerce Department’s Bureau of Industry and Security has expanded its export restrictions on items subject to the Export Administration Regulations in […]
The United States on Friday said the dispute settlement process in the 2011 labor enforcement case brought under the Dominican Republic-Central America-United States Free Trade Agreement will not be […]
Twenty U.S. firms will join Commerce Secretary Penny Pritzker on a trade mission to West Africa, which will visit Ghana and Nigeria from May 18-23, 2014. The trip […]
CIMC sold 203,200 TEU of dry containers in the quarter, a decrease of 35 percent from the first quarter of 2013, and 40,300 TEU of reefer containers, an increase […]
Reuters is reporting that Neovia Logistics, formerly Caterpillar Logistic Services, is exploring a sale “that could value the company at more than $1 billion.” Reuters cites “people familiar […]
A surplus of Panamax-sized containerships, already a creating problems for liner companies in the North-South trades where they are helping drive down rates, is likely to get worse when […]
Container carrier OOCL moved 1,352,050 TEUs in the first quarter of 2014, 8.9 percent more than in the same 2013 period. The results are among the first reported by […]
COSCO said it is scrapping 12 container ships and four bulk carriers to the breakers as part of a fleet decommissioning plan. According to a filing with the Hong […]
Shippers in Singapore said they support development of a massive new container terminal in the western part of the country. In an audacious move, Singapore, home to the […]
The North American Free Trade Agreement has achieved its goal of increasing trade, lowering tariffs and making transportation more efficient during its first 20 years in force, but several […]
DP World said JBS, the Brazilian company that is the world’s largest supplier of beef and chicken, will switch all its U.K. imports from South America to DP World […]
Responding to complaints about delays in hiring veterans, the New York Shipping Association and ILA said that they are “fully committed to implementing the hiring plan as outlined in […]
As they negotiate a new labor contract to replace the one that expires July 1, representatives of the International Longshore and Warehouse Union and Pacific Maritime Association should be […]
A Pennsylvania company and its chief executive officer were charged by the U.S. Justice Department on Wednesday for allegedly conspiring to evade export reporting requirements and attempting to smuggle […]
The Port Authority of New York and New Jersey will offer incentives to boost automobile and truck shipments at its docks. The agency’s commissioners on Wednesday approved a […]
With negotiations due to begin May 12 on a new labor agreement between the International Longshore and Warehouse Union and employers, Maersk Line has told shippers they could face […]
To download this report you must be an American Shipper Global Schedule Subscriber, a BlueWater Reporting Individual Subscriber or a BlueWater Reporting Corporate Subscriber or you may purchase the […]
CSAV officials said “dissident shareholders” owning only 2.7 percent of its stock have asked to exercise appraisal rights, meaning its planned merger with Hapag-Lloyd can go forward.
The Waterfront Commission of New York Harbor said that the New York Shipping Association and ILA are dedicating most of their efforts to employing new workers from their own referrals […]
Third party logistics services provider Pantos Logistics has expanded its international parcel delivery business by cooperating with Seino Transportation Co., Ltd., the largest ground transportation company in Japan. […]
The Port of Houston Authority said Tuesday that the U.S. Army Corps of Engineers has furnished it with a draft permit for the channel leading to its Bayport Container […]
McAuliffe The governor of Virginia said APM Terminals is hoping to sell its state-of-the-art container terminal in Portsmouth and that talks will begin soon, according to an article in […]
FMC reviews 43 OTI license applications
The U.S. Federal Maritime Commission has received 43 ocean transportation intermediary license applications and changes for review.