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The NVOCC CaroTrans said that it will start offering an expedited LCL import service from Hong Kong to Atlanta with a 22-day transit time. CaroTrans said the service, […]
An influx of additional containership carrying capacity is hurting freight rates, especially the dynamics of the North-South trades, according to the London-based shipping consultants Drewry.
SeaIntel says an analysis of container traffic at North American seaports between 2006 and 2012 shows the share of the market handled by ports on the East Coast of […]
Drewry said the decision by ocean carriers to dump unwanted vessel capacity from their East-West schedules into North-South trade lanes “is now seriously hemorrhaging freight rate levels in North-South services.”
Container Trade Statistics says an aggregated volume data survey shows the container shipping industry “may be finally pulling out of one of its longest recessions in history.” “Overall, […]
“2013 has been a significant year for Safmarine MPV which started with the AP Moller-Maersk Group’s decision to establish the Safmarine MPV business as a separate and independent business unit […]
DNV-GL, the classification society formed last month through the merger of Det Norske Veritas and Germanischer Lloyd, said its FutureShip has collaborated with Hyundai Heavy Industry to optimize the […]
“After 42 years of dedicated service to the maritime industry here in San Pedro Bay, I have decided to retire as executive director of the Port of Los Angeles and […]
A team of shipping, offshore and finance professionals have announced plans to establish Maritime & Merchant Bank (M&M), a niche financial institution, based in Norway, that will serve the shipping […]
Menlo Worldwide Logistics has opened a 1,692-square-meter warehouse in Brisbane, Australia, and promoted Greg Brown to manager of operations for Australia. The operation will provide warehousing, supply chain engineering, transportation […]
The Chilean carrier said an agreement with six banks will finance 60 percent of the cost for seven 9,300-TEU ships and the other 40 percent will come from a capital increase of $330 […]
National Shipping of America, which in May started a fortnightly service between Houston and Puerto Rico, said it will add a southbound call to the Florida port, enabling it to […]
Container carriers are revising upward planned increases in freight rates from the Far East to Europe. Maersk announced on Sept. 17 a general rate increase of $600 per TEU […]
The cloud-based software provider Logistical Labs on Wednesday released a new freight pricing and modal selection tool that leverages big data and social collaboration for quicker and more accurate […]
Digitimes said in the past Apple products had to be first shipped to Hong Kong or Shenzhen, China, to complete the export procedures and then imported back before they could […]
The Council of Supply Chain Management Professionals (CSCMP) is preparing for its second conference in Singapore, Jan. 22-24. The event, Effective Strategies for Managing Supply Chain Risk: Assuring […]
ContainerPort Group has moved to a larger and more centrally located facility in Indianapolis. The new facility is located near Interstates 65, 70 and 465 and a short […]
The U.S. Federal Maritime Commission has received three ocean transportation intermediary license applications and a change for review. The FMC received a non-vessel-operating common carrier license application from Zhejiang Sunmarr […]
FMC reviews 3 OTI license applications
The U.S. Federal Maritime Commission has received three ocean transportation intermediary license applications and changes for review.
Seaspan Corp. said it has exercised options to build five 10,000-TEU containerships at Jiangsu New Yangzi Shipbuilding Co., Ltd. and Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd. The ships […]
Japanese ocean carrier MOL announced an agreement with Kansai Electric Power Co. for joint ownership of two new liquefied natural gas (LNG) carriers that will sail under long-term charter […]
The U.S. Export-Import Bank will support for a “seven-figure purchase” of two new American agricultural aircraft by Jose Antonio Goncalves Viana, a soybean and corn agribusiness in Brazil. […]
Under the multi-year contract, American Worldwide Agencies will serve as sales agent for AAL’s direct port calls to and from Long Beach and Los Angeles; Vancouver and Everett, Wash.; […]
The London-based industry consultancy Drewry predicts that more ocean carriers will cancel sailings instead of withdrawing whole services during the winter and this practice will continue until the P3 […]
The U.S. Environmental Protection Agency is finalizing a rule that will restrict imports of potentially harmful perfluorinated chemicals that could be used in carpets. The regulation will require […]
The Georgia Ports Authority said it handled 2.5 million tons of cargo in August, 8.5 percent more than in August 2012. Container volume amounted to 280,873 TEU, 3.8 percent […]
The Florida East Coast Railway will begin hauling cargo from the Port of Miami next month after completing the first phase of an on-dock facility for ship-to-rail transfer of intermodal boxes, setting […]
The Indian firm said Econocaribe is the third largest non-vessel-operating common carrier in the United States. Based in Miami, Econocaribe has nine U.S. offices and 22 receiving terminals throughout North America.
U.S. steel imports increased in August compared to July by 13.8 percent, according to preliminary government data reviewed by the American Institute for International Steel (AIIS). “Improved market conditions […]
Delamode, a U.K.-based logistics and freight forwarding company, said Friday it has acquired John Shirley Ltd., a specialist freight forwarder in the West Balkans region. John Shirley has more […]
The Asian Shippers’ Council said an agreement last week by the IMO on mandatory verification of gross weight of containers is unworkable and was not done with what it called “proper […]
Rail Logistics says it recently added 400 53-foot refrigerated containers to its express intermodal service from Washington state to the East Coast to support demand from food producers.
Kuehne + Nagel has teamed up with European rail logistic firm VTG Aktiengesellschaft to merge the two companies’ rail operations under the name VTG Rail Logistics. The companies […]
The U.S. Transportation Department’s Research and Innovative Technology Administration (RITA) has released about $63 million in grants to 33 University Transportation Centers (UTCs) to advance research and education programs […]
U.S. and Japanese officials conducted thorough on-site audits to ensure that their organic programs’ regulations, quality control measures, certification requirements, and labeling practices were compatible.
IMO Secretary General Koji Sekimizu said ocean shipping is “the world’s only really reliable, global, cost-effective and energy-efficient mass transportation method for energy, materials, foods and industrial products.”
The bulk carrier Nordic Orion, loaded with metallurgical coal in Vancouver, British Columbia, completed a successful voyage through the Northwest Passage earlier this week. The Norway-based Bellona Foundation […]
The U.S. and Iraqi governments on Wednesday reaffirmed their strategic partnership during a meeting of the Services, Technology, Environment and Transportation Joint Coordination Committee (STET JCC) in Washington. […]
Carrier Transicold said it has introduced a new container atmosphere control technology that helps maintain quality of produce so it can be shipped over longer distances. The company said […]
Shippers urge early talks for U.S. West Coast longshore labor contract. Contract negotiations between employers and longshoremen on the U.S. East and Gulf coasts were protracted and fractious in 2012-2013, with […]
U .S. Customs and Border Protection has tentatively selected ATS Logistics Inc. of North Charleston, S.C., as the new operator of its Central Examination Station for the Port of […]
The stainless steel tubing manufactured by the Finnish company Stalatube is used for a variety of applications, such as building structures and facades, machinery to manufacture food and pharmaceuticals, […]
With progressive industrial policies, the country offers numerous opportunities for American shippers, their suppliers, 3PLs and carriers. By Jon Isbell I have made two trips to Mexico this year, visiting […]
New technology helps shipowners use bunker and still meet sulfur emission reductions. As 2015 approaches, shipping companies face the possibility of sharply higher fuel costs as regulations require the maximum […]
When the most recent round of TIGER grants was announced in September, Duluth Seaway Port Authority in Minnesota received $10 million to increase general cargo handling capacity by improving the […]
The time is now for American shippers, especially those bringing significant volumes of goods in containers through West Coast ports from Asia, to consider contingency plans if the International […]
Aboiler, manufactured by Babcock & Wilcox for the Indonesian sugar refiner Jawamanis Rafinasi, was shipped by railcar to Coastal Cargo Co. in New Orleans where the plan was to […]
New programs, services, and infrastructure embody South Atlantic port’s growth strategy. A new system for managing drayage moves to crosstown rail facilities has contributed to a 27 percent increase […]
Oscar Hasbún, CEO of the liner carrier, said he was satisfied with the results of the capitalization and noted “it provides strong support for the company from its shareholders and the […]
Drewry said its study, Reefer Shipping Market Review and Forecast 2013/14, found the containership mode is forecast to provide in excess of 94 percent of overall reefer tonnage within the […]
Penske Logistics said it’s expanding in Mexico and has appointed Michael Casidy to the newly created position of managing director of Mexico. Penske Logistics has been operating in […]
The Solar Energy Industries Association (SEIA) has offered an industry-based compromise between the U.S. and Chinese solar industries, which it said could serve as the centerpiece for “a fair, negotiated […]
The United States and Mongolia on Tuesday signed an agreement to improve transparency on mutual issues concerning trade and investment at a ceremony in New York. The U.S.-Mongolia Transparency Agreement […]
The shipping newspaper Lloyd’s List, which claims to be the world’s longest-published newspaper, will stop publishing a paper version and become a totally electronic service on Dec. 20. […]
Rolf Habben-Jansen, who has been chief executive of Damco, the freight forwarding arm of the A.P. Moller-Maersk Group, since 2009, will become chairman of the executive board and CEO of […]
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service will allow, under certain conditions, the import of commercial shipments of litchi fruit and mangoes from Australia into […]
Claudia Slacik has joined the U.S. Export-Import Bank as chief banking officer and senior vice president for export finance. She has more than 30 years of experience in […]
Sandra “Dee” Lord has joined the U.S. International Trade Commission as an administrative law judge (ALJ). Lord will manage litigation, preside over evidentiary hearings, and make initial determinations […]
C.J. Wang (Wang, Chung-Jinn), chairman of Evergreen Marine Corp. (Taiwan) Ltd., died of illness on Sept. 20. He was 61. Anchor Chang (Chang, Cheng-Yung), president of the company, will temporarily handle […]
Christie New Jersey Gov. Chris Christie has vetoed a bill aimed at making it more difficult to classify drayage and parcel delivery drivers as independent contractors. In his […]
“Fire protection systems have not yet realized that cargo is now transported in containers, as it has been for the last 30 or 40 years. Crews do not have the […]
Last spring, Canadian National considered shipping a large amount crude between Alberta and Prince Rupert, B.C., according to an internal memo obtained by Greenpeace and reported by the Canadian […]
Pasha Automotive Services and the Port of Grays Harbor on Friday announced the completion of new infrastructure promoting growth of automotive processing and roll-on/roll-off business in the Washington state […]
The so-called “BRIC” countries of Brazil, Russia, India and China are still generating attractive cargo growth, says the current edition of Drewry’s Container Insight Weekly. “Container traffic loaded […]
Speakers at the meeting of the International Union of Marine Insurance in London last week, warned that as use of low-sulfur fuel in ships increases, the likelihood of chronic engine […]
Swift Transportation, the largest U.S. truckload carrier, estimated that changes to the hours-of-service rules on July 1 has reduced equipment utilization by about 2 percent year-on-year, according to a note […]
Hapag-Lloyd said it had raised 250 million euros (about $337 million) through the sale of bonds to institutional investors. The bond, which has a maturity of five years, has a […]
The U.S. International Trade Commission on Friday determined that the domestic shrimping industry is not harmed by imports of frozen warmwater shrimp from China, Ecuador, India, Malaysia, and Vietnam, […]
Rickmers Group and funds affiliated with Apollo Global Management have created a joint venture to invest in containerships. The joint venture will initially focus on used vessels and […]
Draft amendments to require mandatory verification of gross weight of containers under the SOLAS convention were agreed to on Friday by the IMO’s Subcommittee on Dangerous Goods, Solid Cargoes and Containers.
Company and port authority officials noted the Florida port is closest to Mexico’s fast-growing vehicle manufacturing areas served by the ports of Veracruz and Altamira and offers the quickest transit times to […]
Gov. Pat Quinn of Illinois on Thursday praised construction of a new intermodal container terminal at Archer Daniels Midland Co.’s major agricultural processing and headquarters complex in Decatur as a […]
The U.S. Export-Import Bank this week authorized a pair of direct loans totaling $33.6 million to Abengoa of Seville, Spain, that will facilitate the export of American heat-transfer fluid […]
Calgary-based Canadian Pacific has lost a contract with liner carrier OOCL, one of its two major intermodal agreements, to Canadian National, according to an update by analyst Cowen and […]
U.S.-flag Great Lakes carriers carried 10.5 million tons of dry-bulk cargo in August, an increase of more than 1 million tons, or 10.6 percent, compared to a year ago, […]
The U.S. Department of Agriculture said the fiscal year 2013 Food for Progress and McGovern-Dole International Food for Education and Child Nutrition allocations will benefit more than 10.5 million […]
The Brazilian home improvement, electronics and appliances retailer CASA&VIDEO will use a range of applications from the supply chain software provider JDA, the company said this week. The […]
The United States announced the country-specific and “first-come, first-served” in-quota allocations under its tariff-rate quotas (TRQs) on imported raw cane sugar, refined and specialty sugar and sugar-containing products for fiscal […]
The Guysborough district has finalized the sale of waterfront lands in Melford, Nova Scotia, where Melford International Terminal Inc. (MITI) and its partner Maher Terminals are planning to build a box terminal.
Third party logistics services provider OIA Global has acquired majority control of Bellville International Ltd., a freight forwarder based in London. Bellville International is the holding company for […]
Mediterranean Shipping Co. has announced a rate hike on export cargo from the United States, Canada, and Mexico to North Europe, including the Baltic and Scandinavia, of $100 per 20-foot […]
Chilean liner carrier CSAV said because of China’s “Golden Week” holiday in October seven sailings have been canceled.
The development of the port located on the Aguadulce peninsula at the port of Buenaventura will be done in three phases. The first phase will yield an annual capacity of 450,000 […]
Salvage crews righted the wrecked cruise ship Costa Concordia on Tuesday, more than 20 months after it capsized off the coast of Italy’s Giglio Island. Crowley Maritime’s Titan Salvage is […]
The so-called “Maritime Goods Movement Act for the 21st Century” was developed to eliminate incentives for shippers to bypass U.S. ports and move their goods through Canada and Mexico ports instead.
Shippers voiced concerns about bigger containerships and larger carrier alliances last week during a panel discussion at the South Carolina International Trade Conference. Pointing to the proposed P3 […]
The International Air Cargo Association said the new regulations, which take effect on July 1, 2014, fall outside industry goals of “a common, unified approach to global security standards.”
Matson said it, not its customers or Hawaii taxpayers, will cover the costs associated with the Honolulu Harbor molasses spill response. On Sept. 10, Matson said a leak […]
The International Maritime Organization’s Subcommittee on Dangerous Goods, Solid Cargoes and Containers will meet in London this week to consider competing proposals to require verification of container weight prior […]
President Obama has nominated Paul “Chip” Jaenichen Sr., of Kentucky, to be administrator of the Maritime Administration. Jaenichen was named the acting administrator in June, following the resignation […]
RoadOne IntermodaLogistics said its QLS Logistic Services affiliate had acquired US Intermodal, which will serve as foundation for a new coast-to-coast agent drayage and brokerage business called US IntermodaLogistics. […]
The shipping company said the Icelandic Competition Authority exercised a dawn raid at its premises last week “on the basis of a ruling” from Reykjavík District Court. Eimskip received no […]
The U.S. Department of Agriculture will lead a trade mission to promote U.S. agricultural trade and investment in sub-Saharan Africa, Sept. 16-20. The trade mission launches USDA’s Sub-Saharan […]
Former Maritime Administrator William Schubert testified before Congress that “perhaps nothing is more important to the viability of the privately owned U.S. flag commercial fleet than adequate cargo preference […]
Richard P. Hughes, Jr., served as the union’s eighth president from July 2007 until July 2011. Prior to his election as ILA president, he served as both executive vice […]
A major rift between groups representing shippers has developed over proposals requiring verification of container weights prior to loading. The proposal is to be considered next week at […]
The Port of Savannah continues to be a magnet for retail, manufacturing and multi-tenant distribution centers, with more than 1.1 million square feet of space leased or developed in fiscal year […]
Capital Product Partners L.P., an Athens-based company whose securities are listed on NASDAQ, said it had acquired three 5,023-TEU containerships — the CCNI Angol, Hyundai Privilege and Hyundai Platinum […]
As much as 1,400 tons of molasses, or about 233,000 gallons of the liquid, may have entered the Honolulu Harbor, triggering a massive fishkill. Matson located a leak in […]
