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The G6 carriers — APL, Hapag-Lloyd, Hyundai Merchant Marine, MOL, NYK, and OOCL — filed their agreement on Dec. 2, and it is slated to go into effect Jan. […]
American manufacturers and related industries shipped almost 11.7 billion tons of goods valued at more than $13.6 trillion in 2012, according to preliminary numbers from the 2012 Commodity Flow […]
DHL Express announced Tuesday that it will double the operational footprint of its main European hub in Leipzig, Germany, to accommodate future shipment volume growth. The company plans to […]
The Asian Shippers Council (ASC) at its annual meeting on this week in Shenzhen, China, has objected to the proposal by Maersk, MSC and CMA CGM to form the […]
Intertanko said, “Vetting inspections of tankers by oil companies are proliferating in frequency, rising steadily in cost and, at an estimated $300 million a year, are well on the […]
Frank Peake was sentenced to serve five years in prison and made to pay a $25,000 criminal fine for his participation in a conspiracy to fix rates and surcharges for […]
APL Logistics today opened its first APL Logistics/Carmichael International Service customs brokerage office in Laredo, Texas. APL Logistics, the supply chain management unit of Singapore’s NOL Group, acquired […]
Two shipping analysts are warning of containership over capacity in commentaries released today. In the latest edition of its Container Insight Weekly, the London-based consultant Drewry said it […]
The Virginia Offshore Wind Development Authority, the City of Norfolk, and the Virginia Ship Repair Association have joined forces with Environment Virginia to promote the economic and environmental benefits […]
The United Nations Conference on Trade and Development (UNCTAD) has released its annual Review of Maritime Transport, a 204-page book that can be downloaded online. The 2013 review […]
The Federal Maritime Commission voted Thursday to approve a request for additional information from the parties to the proposed P3 Network Vessel Sharing Agreement — Maersk, MSC and CMA […]
The Port Authority of New York and New Jersey this week authorized $105 million for the design, construction and realignment of roadways in the Port Newark-Elizabeth complex in New […]
The U.S. Export-Import Bank has authorized a $640.7 million direct loan to Star Refineri A.S. of Istanbul, Turkey, which will finance the export of American-made oil refinery equipment and […]
The Federal Maritime Commission has released 83 pages of comments from shippers, ports, government officials and others about the proposal by Maersk, MSC and CMA CGM to create a […]
“Joint ventures are part of Zim’s ongoing strategy,” Rafael Ben-Ari, Zim’s vice president, shipping, said. “Our aim, as always, is to improve the services to our customers.” Any cooperative […]
Millard Maritime, a Gulf Coast port and cargo services provider, has partnered with HELM Fertilizer Corp. to handle fertilizer products at Millard’s facility in Theodore, Ala. HELM’s fertilizer […]
The U.S. Commerce Department on Wednesday reported that the country’s exports of goods and services for October reached an “all-time monthly high” of $192.7 billion, up from $189.3 billion […]
Sweden announced Dec. 3 the launch of a new trade facilitation training facility in Arusha, Tanzania. The Swedish government, through its development agency Sida, will provide an initial […]
A group of countries with a tradition in obtaining and importing illegally procured elephant ivory in Africa committed this week at the African Elephant Summit in Botswana to stiffer […]
President Obama signed into law the Drug Quality and Security Act, which contains provisions for tracing pharmaceuticals in the supply chain. The new law creates a uniform, national […]
Reportedly a stolen shipment of radioactive Cobalt 60 was recovered Wednesday in Mexico, but thieves who took the material probably exposed themselves to a lethal dose of radiation when […]
Hapag-Lloyd and CSAV said they “are currently maintaining discussions if a possible business combination or any other form of association would be of mutual interest.” The German and […]
The Port of Jacksonville said $12.4 million has been spent over the past 18 months improving the heavy lift cargo berth at JAXPORT’s Blount Island Marine Terminal. The project […]
Descartes Systems Group said it had a profit of $2.2 million in the third quarter, but said net income was negatively impacted by $600,000 by the integration of KSD […]
The president of the New York Shipping Association (NYSA) fired back at the Waterfront Commission of New York Harbor with a statement saying that the NYSA board of directors […]
Hapag-Lloyd said it will revise and enhance its Gulf Caribbean Service (GCS). It said the rotation of the current GCS is extended to provide Eastbound and Westbound calls for […]
The plant will produce about 180 metric tons per year, which will be packaged into large sacks and loaded on to trucks (25 truck trips annually) for shipment to […]
The Port of Antwerp Authority said it will invite expressions of interest for new opportunities to expand cargo handling capacity at its Deurganck dock, a request prompted by the […]
The Federal Maritime Commission said Monday it planned to host on Dec. 17 a global regulatory summit “in light of the increased networking among ocean common carriers.” Regulators from […]
Maersk said it will launch a new new weekly intra-America service, MesoAmerica Express (MAE), that will connect the United States and Puerto Rico with Mexico, Guatemala, Honduras, Costa Rica, Panama, Colombia, […]
The Federal Antimonopoly Service said the case was initiated upon materials obtained in the course of several dozens of unscheduled on-site inspections of economic entities — in particular, Russian […]
The six containership companies that belong to the G6 Alliance are planning to expand their cooperation to the Asia-U.S. West Coast and transatlantic trade lanes. The new services are […]
U.S. steel imports in October increased 8.4 percent compared to September based on preliminary data reported by the government and analyzed by the American Institute for International Steel. […]
In a letter to the FMC, ILA President Harold Daggett wrote, “Such a drastic consolidation of capacity naturally leads to questions as to the long-term impact of such an agreement […]
During the third quarter, Zim, the Israel-based container shipping company, had a net loss of $44 million, down from a $97 million loss in the second quarter of this […]
Union Pacific has launched an intermodal service between Monterrey, Mexico, and Chicago. UP trains will interchange at Eagle Pass, Texas, and Ferromex will carry the goods, which UP […]
MTC Logistics, a subsidiary of Hoffberger Holdings, Inc., will expand its Port of Baltimore temperature-controlled distribution center located at the Chesapeake Commerce Center. “The strategic position immediately adjacent […]
The European Shippers’ Council and the Asian Shippers’ Meeting said they have “agreed to take their cooperation to the next level,” according to a statement after a meeting last […]
Shipper groups are expressing reservations over the plan by the three largest container carriers — Maersk, MSC and CMA CGM — to form a P3 alliance to operate on […]
The Port of Oakland Truckers Association said that as many as 800 drivers may not be able to work at the port after Jan. 1 because of California clean […]
A dedicated, refrigerated shuttle-train service that was supposed to start transporting perishable products directly between the Port of Tampa and an inland port in Indiana as of October has […]
Holt Logistics Corp. said Tuesday that Bermuda Container Line (BCL) will move its U.S. port of call from Elizabeth, N.J., to Holt’s Packer Avenue Marine Terminal in Philadelphia in […]
Annoyed by the traction that the railroad industry has gotten with its ubiquitous “Freight Rail Works” advertising campaign, motor carriers have decided to use the media too to put […]
The U.S. Export-Import Bank has approved a $61.1 million direct loan to Inversiones Eolicas de Orosi Dos S.A. (Orosi), a subsidiary of Central American wind-generation company Globeleq Mesoamerica Energy, […]
Representatives to the World Trade Organization’s General Council held the “most intensive” negotiations in Geneva since July 2008, but final agreements remain elusive in the face of the Bali […]
The 26,500-DWT ships, which are being built by VT Halter Marine, will have a cargo capacity of approximately 2,400 TEU, with additional space for nearly 400 vehicles. They are […]
JF Hillebrand Group AG, a third-party logistics specialist in the beverage industry, has acquired Houston-based Satellite Logistics Group. Terms of the deal were not disclosed. SLG specializes in […]
The World Trade Organization released a final report this week backing the European Union’s ban on trade in products of commercial seal hunts. In 2010, Canada and Norway initiated […]
United Arab Shipping Company is introducing two new feeder services to improve its service in Asia. “The dedicated and direct services will run weekly, covering Japan, Central and […]
The company said transported volume reached 493,512 TEU in the third quarter of 2013, an increase of 5.6 percent compared to the second quarter of 2013 and of 0.8 […]
The lawsuit claims the commission, which was created in 1953 to fight corruption, “has gone off the rails to pursue a future role for itself that is well outside […]
CMA CGM, the world’s third largest container shipping company, said it had a profit attributable to shareholders of $70 million in the third quarter, compared to $363 million in […]
The investment banking firm Jefferies cautioned, however, that it thinks “most of the cost savings potential may have been exhausted, particularly after a steep cut in fuel consumption in […]
The European Commission said it has “opened formal antitrust proceedings against several container liner shipping companies to investigate whether they engaged in concerted practices, in breach of EU antitrust […]
The U.S. International Trade Commission voted to investigate imports of certain windshield wipers — “flat blades” or “beam blades,” as referred to by the automotive industry — and related […]
The U.S. and Moroccan governments Thursday signed a Trade Facilitation Agreement with a focus on improving transparency of customs practices between the two countries. The deal builds on the United […]
The U.S. Department of Transportation announced that a $275 million loan under the Transportation Infrastructure Finance Innovation Act (TIFIA) has been issued to Georgia to build new reversible lanes […]
A Port of Cleveland official said the service will be the “fastest and greenest route” between Europe and North America’s heartland, allowing regional companies to potentially ship goods four […]
Paul N “Chip” Jaenichen, the acting head of the U.S. Maritime Administration (MarAd), told the U.S. Senate Committee on Commerce, Science, and Transportation that if he is made the […]
Diamond Logistics Northwest has leased 18 acres from the Port of Quincy, an inland intermodal port in Washington state, to expand its capability for cross-docking and consolidating perishable loads, […]
Transpacific Stabilization Agreement members are adopting a two-step “guideline” rate increase that, when combined, would hike freight rates $500 per 40-foot container in December and January.
The Rotterdam Maasvlakte I terminal will modify five of its existing post-Panamax cranes so they can reach across 23 rows of containers and accommodate the latest generation of ultra-large […]
The Alliance for the Great Lakes is raising the alarm over plans to ship tar sands crude oil on the Great Lakes. In addition to supporting fisheries and tourism, […]
Containership owner Seaspan Corp. said this week that it plans to sell 3.5 million shares of Class A common stock that will be priced at $22 per share. […]
The organization has further postponed the start of a public hearing about adding longshore workers in the Port of New York and New Jersey from Nov. 25 to a […]
Drewry says the most recent edition of its Carrier Performance Insight report “revealed a disappointing drop in performance for both ship-level and container-level reliability.” The London-based consultant and […]
The P3 Network carriers – Maersk, Mediterranean Shipping Co. and CMA CGM – have started sharing details of their proposed vessel-sharing agreement with U.S., European and Chinese regulatory authorities. […]
Afederal judge found an insurer was justified in rescinding an ocean marine insurance policy because the insured misrepresented the value and condition of a dry dock it insured. (Catlin […]
Hub Group typifies the shift to more diverse services in this market space. In the railroad world, the moniker “hub” is well suited to Chicago, with its mass […]
Onslaught of safety regulations raises costs, supply uncertainty for truckers and shippers. Truckload capacity in the United States is at equilibrium, but it’s usually not difficult for shippers to […]
ACL’s added capacity will allow it to increase shipper cargo allocations. Andy Abbott, president and chief executive officer of Atlantic Container Line, said he’s looking forward to being able to […]
Shippers “call the shots” as to where container carriers send their ships, said Anil Vitarana, president of United Arab Agencies, the agent for United Arab Shipping Co. (UASC) in […]
C-SPAN’s “Washington Journal” left its Washington studio in August to broadcast an interesting program from the Port of Virginia. Over the course of three hours, the program hosted Reps. […]
Fault lines make unified voice for cargo groups elusive. With the globalization of business and the bigger regulatory role being played by international bodies, such as the International Maritime Organization (IMO), there […]
The city council voted 6-3 on Tuesday night in favor of a recommendation by Mayor Bob Foster that Thomas Fields be removed as president of the Long Beach Board of […]
The U.S. Federal Maritime Commission said it’s “accepting further public comment on the P3 Network Vessel Sharing Agreement” of Maersk, Mediterranean Shipping Co. and CMA CGM until midnight Friday, Nov. […]
Port Canaveral said it will receive $9.7 million from the state of Florida to help pay for expansion of its container facilities. A large cruise ship port, Port […]
Non-vessel-operating common carrier CaroTrans will start a new direct less-than-containerload service from New York to St. Petersburg, Russia, on Nov. 23. This fortnightly service has a 21-day transit. […]
What UASC calls the AWSI and CSCL labels its AAS2 will be merged with Yang Ming’s PSW4, and each of the carriers say they will continue to use those individual […]
OOCL Canada has arranged for inspections and is expected to arrive in Shanghai later this week. OOCL said it has made arrangements for boxes to be transferred to another ship, which will […]
China Shipping Group said Xu Li Rong has been named chairman and party secretary, replacing Li Shaode, who is stepping down due to his age. Xu Li Rong’s […]
Maersk Line said it’s “business as usual” at the Port of Lazaro Cardenas on Mexico’s west coast Mexico’s federal government and military took over the port city last week […]
MOL Group said it’s expanding its logistic services. The Japanese company noted “in recent years, particularly in the Mekong region, the group has aggressively developed its networks, and […]
The Port Equipment Manufacturers Association (PEMA) said it has released an information paper on the electrification of rubber-tired gantry (RTG) cranes in ports and terminals – “a key issue facing […]
The Korean Register and Russian Register of Shipping have recently entered an agreement to cooperate on shipbuilding. The aim is the continued development and promotion of the international […]
Yusen Logistics and Imperial Health Services have started a dedicated, temperature-controlled ocean freight consolidation service from Europe to southern Africa. This weekly service, which begins in January, will […]
A House Transportation and Infrastructure Committee panel specially created early this year to come up with recommendations for improving the nation’s freight transportation system released its final report on […]
The Intermodal Association of North America (IANA) this week announced a pilot program undertaken in collaboration with the Federal Motor Carrier Safety Administration (FMCSA), aimed at improving lag times […]
Robert Bugbee, president of Scorpio Tankers, has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2014. The 2014 Commodore Award will be presented to […]
Senior officials from the United States and Caribbean Community (CARICOM) met Friday to discuss enhanced cooperation in multilateral fora, an increased focus on intellectual property protection, development of e-commerce infrastructure, and removal […]
“U.S. agricultural exports from 2009-2013 increased by a total of more than $230 billion – and the average volume of bulk commodities exported increased by nearly 4 million tons per […]
The global commodities shipper said it’s working with the classification society DNV GL, Royal Dutch Shell and international advisory firm Xyntéo to “evaluate possible ways to use LNG for dry bulk and […]
U.S. Southeast, Northeast offer growth opportunities for industry. In the domestic intermodal market, many analysts and industry players point to the U.S. East Coast as the burgeoning hot spot for […]
He will succeed John Reinhart, who will step down on Jan. 31, 2014, to become the CEO and executive director of the Port of Virginia. Bruner joined Maersk in […]
Representatives from the New York Shipping Association, Waterfront Commission of New York Harbor, and the Port Authority of New York and New Jersey issued a terse statement that said […]
Evergreen and Hanjin Shipping will start a new weekly service linking Korea, China, Vietnam, Singapore and Malaysia. The “New Ho Chi Minh Service” (NHS) will employ four ships, […]
The U.S. International Trade Commission has initiated four investigations to examine the impact of the African Growth and Opportunity Act (AGOA) trade preference program on the economies of sub-Saharan […]
Furniture retailer IKEA has acquired a 46-megawatt wind farm located in Alberta, Canada, from Mainstream Renewable Power. Terms of the deal were not disclosed. Mainstream has started […]
The U.S. Export-Import Bank has backed two small businesses employing 165 workers in Wyoming and Texas to export about $7 million worth of nitrogen pumps to an energy company […]
