Maersk: Purpose of ‘Triple Es’ is to make money, not cut rates
While the new containerships will result in a big infusion of capacity in the Asia-Europe trade, “we will put them in over a prolonged period and we will take out a […]
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While the new containerships will result in a big infusion of capacity in the Asia-Europe trade, “we will put them in over a prolonged period and we will take out a […]
A report released this month estimates the cost of Somalia Piracy was around $5.7 billion-$6.1 billion in 2012, despite notable gains achieved by private armed security guards and aggressive naval […]
Pennsylvania Gov. Tom Corbett visited the Philadelphia Regional Port Authority’s Packer Avenue Marine Terminal Thursday to welcome Horizon Lines to the Port of Philadelphia. PA Governor Tom Corbett welcomes […]
The liner carrier MOL this week said that in the first quarter of 2013 it failed to meet its internal 90-percent target for intermodal transit on-time performance for 18 […]
Home furnishings retailer IKEA this week switched on a large solar energy system installed at its distribution center in Perryville, Md. The 768,972-square-foot photovoltaic (PV) array consists of a 2,674.9-kilowatt […]
Retail giant Walmart said it plans to procure about 7 billion kilowatts of electricity from renewable sources, such as solar and wind power, or 600 percent over its current […]
The U.S. Export-Import Bank renewed a 90-percent guarantee of a $100 million supply-chain facility for Citibank to purchase invoices that are generated via the sales of goods and services […]
Metairie, La.-based Tuleu Consulting Co. (TCC) has been awarded a contract by the government of Chad to sell 500 John Deere agricultural tractors to the African country’s “Programme National […]
“Some other lines have chosen to respond to lower demand levels by lowering prices. Such a move risks resulting in a fully-fledged price war: a development that concerns us,” said Vincent […]
The approval, which came eight days after ILA members voted to ratify the contract, was made by representatives from 43 container carriers, terminal operators and port associations, who met in Newark, N.J., […]
The agreement was announced Thursday by New York/New Jersey port Local 1804-1’s president, Dennis A. Daggett, on the union’s Facebook page. He said “we are in the process of fine […]
The U.S. Federal Maritime Commission has received five ocean transportation intermediary license applications and changes for review. The FMC received a non-vessel-operating common carrier license application from Blade Express, Hawthorn, Calif. […]
The U.S. Federal Maritime Commission has received five ocean transportation intermediary license applications and changes for review. The FMC received a non-vessel-operating common carrier license application from CFR Rinkens, […]
The U.S. Federal Maritime Commission has received five license applications and changes for review. The FMC received a non-vessel-operating common carrier/ocean freight forwarder license application from OTA America, Brea, […]
FMC reviews 5 OTI license applications
The U.S. Federal Maritime Commission has received five ocean transportation intermediary license applications and changes for review. The FMC received a non-vessel-operating common carrier license application from F.M. Air, […]
The U.S. Federal Maritime Commission has received five ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received five license applications for review. The FMC received a non-vessel-operating common carrier license application from Iris International USA, Haworth, N.J. (Chang […]
The U.S. Federal Maritime Commission (FMC) has received five ocean transportation intermediary license applications and changes for review.
CEVA Logistics has signed a five-year e-commerce contract with fashion apparel company Liu-Jo, providing the firm with online sales solutions like returns management and overseeing transportation activities across Europe. […]
U.S. steel exports declined 3.8 percent in February 2013 compared to January, according to government data analyzed by the American Institute for International Steel (AIIS). “Weakness in NAFTA […]
U.S.-flag Great Lakes vessels carried 2.2 million tons of dry-bulk cargo in March, a decrease of 7 percent compared to 2012. However, the fleet’s March float was marginally […]
DB Schenker has acquired 100 percent of the shares of long-term partner Euro-Line Panamericana in Panama. The German logistics firm will operate the business under Schenker (Panama), S.A. […]
Lawmakers worry whether the Transportation Security Administration will be able to efficiently handle the renewal of large numbers of Transportation Worker Identification Credentials (TWIC) expiring this year.
The U.S. Supreme Court heard arguments Tuesday in the American Trucking Associations’ ongoing challenge to the Port of Los Angeles to impose a comprehensive licensing scheme on trucks hauling […]
Lawmakers yesterday blasted plans by the Obama administration to modify food aid programs to allow more local and regional purchasing of food, citing negative effects on both farmers and the U.S. […]
Bill Shuster, the U.S. House Transportation and Infrastructure Committee chairman, has formed a special panel of six committee members to create a national infrastructure strategy across all freight transport modes.
The agency said industry user fees would fund 94 percent of the proposed budget increase, including new fees to support the Food Safety Modernization Act (FSMA) and strengthen the FDA’s […]
“Efforts to increase eastbound freight rates by ocean carriers operating between Asia and West Coast North America (WCNA) remain ineffectual with new services planned rather than laying up unwanted vessel […]
APL is planning to take four of its U.S.-flag ships out service – the President Adams, President Jackson, President Polk and President Truman — citing reduced need for transport by […]
Non-vessel-operating common carrier Shipco Transport has started a joint venture with its long-time partner and agent MTM Freight in South Korea. Shipco Korea will take over all activities […]
The vote by employers followed approval of both the local contract in New York and master contract covering 14 container ports on the U.S. East and Gulf coasts by ILA […]
News reports said Tuesday’s negotiations between dockworkers and their employer would be the third round of talks mediated by the Hong Kong’s Labor Department in the past 20 days of […]
The Philadelphia-based logistics company BDP International has taken an equity position in Interflex, based in Cartagena, Colombia. The resulting joint venture will operate as BDP International Colombia under its […]
The Global Shippers’ Forum said it has begun a campaign to enhance safety in the maritime transport supply chain. “While the vast majority of shippers comply with the rules, […]
Bahri said it had a net profit in the three months ending March 31 of 144.5 million SAR-Saudi Arabian Riyal ($38.5 million), a decrease of 9.7 percent from the […]
Liner carrier Evergreen said it will join forces with COSCO and Zim to operate a new service between the Far East – South America Service (ESA). Evergreen said […]
The Canadian Shipowners Association are worried the new vessel general permit published by the U.S. Environmental Protection Agency could threaten the commercial viability of its members’ operations in the Great Lakes.
The Union Pacific railroad has introduced a twice-weekly dedicated intermodal rail service between the Port of Houston’s Barbours Cut Container Terminal, and its Dallas Intermodal Terminal facility.
“With over 40 ships of at least 10,000 TEUs due for delivery in 2013, carriers will find it increasingly difficult to manage capacity without upsetting the fragile supply-demand balance,” the […]
J.B. Hunt Transportation Services turned in first-quarter earnings of $73.3 million, a year-over-year increase of more than $5 million. Operating revenue during the quarter increased from $1.17 billion […]
Liner carriers Evergreen and CMA CGM are starting a new, weekly service connecting Southeast Asia, the Indian Subcontinent and Red Sea. Called the South Red Sea Service (SRS2) […]
News reports said talks between striking Hong Kong dockworkers and the contractors who employ them resumed on Thursday. The talks ended abruptly Wednesday after just three hours. The strike is […]
President Obama’s budget for fiscal year 2014 includes $4.8 billion in gross discretionary funding for the Army Corps of Engineers’ Civil Works program, offset in part by a proposal to cancel […]
The cloud-based intermodal solutions provider IAS said Wednesday it has released changes to its ChassisManager program at the Hampton Roads Chassis Pool (HRCP) to address changes in the chassis-provisioning […]
“USA Maritime is severely disappointed that the Obama administration has moved forward with this misguided proposal to effectively eliminate the long-standing and successful Food for Peace program,” the group’s chairman […]
According to Hong Kong news reports, mediation talks between striking dockworkers and the contractors who employ them have “broken off without any immediate progress,” as the strike at HKIT continues […]
The Port of Hamburg said the COSCO Belgium, the first of eight, new 13,380-TEU ships that COSCO is putting into service will arrive at HHLA’s Container Terminal Tollerort on […]
Along with the master contract, local agreements at most ports along the Atlantic and Gulf coasts also were ratified by ILA members, including one with the NYSA. Negotiations are continuing […]
An Austrian company will build a plant for making hot briquetted iron (HBI), a raw material used for making steel, in Corpus Christi, Texas. Port Corpus Christi Authority […]
Port Corpus Christi commissioners on Tuesday approved a grant agreement with the U.S. Maritime Administration outlining the terms and conditions for the use of funds to start construction of the […]
Non-vessel-operating common carrier Shipco Transport has opened offices in Pakistan, with its head location in Karachi and branch facilities in Lahore, Faisalabad and Sialkot. The Pakistan operation will […]
Toll Global Forwarding has broken ground on a 2.65-acre, 70,000-square-foot facility near London Heathrow’s cargo village. The development, which will include 50,000 square feet of warehouse space, replaces […]
Unions representing Hong Kong dockworkers will hold talks with two contractors and mediators from Hong Kong’s Labor Department on Wednesday, according to a report from Radio Television Hong Kong.
General cargo at the Port of New Orleans totaled 7.55 million tons in 2012, 8.6 percent more than in 2011. Volume was boosted by steel imports, which were […]
In March, intermodal traffic rose by 0.5 percent, year over year, to 933,208 containers, while the number of carloads declined by 0.5 percent to 1.117 million when compared to March […]
Rickmers Chennai Rickmers-Linie said it will add a another ship to its fleet. The 19,100- deadweight-ton Pacific Winter, to be renamed Rickmers Chennai, is a sister ship to […]
About 14,500 rank-and-file members of the International Longshoremen’s Union who work at ports along the East and Gulf Coasts are voting today on whether to ratify a new six-year master […]
Dachser has opened its first bonded container freight station and bonded warehouse in the United States near the Miami International Airport. According to the third party logistics company, the […]
Strike at Hutchison container terminal in Hong Kong continues as government steps in to try to resolve problems between 500 dockworkers and employers, with service providers suggesting strike is affecting […]
The United States Australasia Discussion Agreement said its members have adopted a guideline calling for a general rate increase of $200 per 20-foot container and $40 per 40-foot container […]
Drewry is forecasting that companies in the container shipping industry will have a collective operating profit (earnings before interest and taxes, or EBIT) of $6.2 billion in 2013, compared […]
Hapag-Lloyd and CMA CGM will launch a new service between the Mediterranean and the U.S. East Coast service in June. Hapag-Lloyd said the new MAS service will use […]
The U.S. Commerce Department on Friday reported U.S. exports of goods and services in February reached $186 billion, an increase of $1.6 billion from January. Imports of goods […]
Shusen Wei, 45, a citizen of China, pleaded guilty Friday in Miami federal court to charges stemming from his involvement in the smuggling of a carved rhinoceros horn from […]
Hong Kong’s High Court has extended an injunction first obtained April 1 on striking dockworkers, barring them from entering container terminals in Kwai Chung where the port’s container terminal is […]
“Given that market conditions are extremely fragile, we believe that, to keep the industry in the black, leading container operators will have to maintain stringent capacity management and pricing discipline,” […]
Damco, the logistics services arm of A.P. Moller-Maersk, has opened a 16,000-square-meter warehouse in Cambodia, adding to its first facility in the Southeast Asian country which opened in August 2011. […]
Consolidators International (CII) and the Swiss forwarding company Cotrafi-Gondrand Tahiti have signed an exclusive agreement for the Los Angeles-based company to handle air and sea freight from the United […]
CSAV, the Chilean container shipping company, said it will invest $570 million in its business, building seven new ships and paying back a $258 million loan at a steep discount. […]
The White House has not named a political nominee since former Commissioner Alan Bersin departed about 15 months ago. Career agency officials have continued to push through organizational and programmatic […]
Six U.S. government agencies on Wednesday joined together to kick off a new pilot program to expand federal export assistance to small businesses. The program, U.S. Global Business […]
The City of Long Beach is appealing to the Los Angeles City Council not to approve the Southern California International Gateway rail yard project recently forwarded by the Port of […]
The U.S. Export-Import Bank has entered a new marketing partnership with the state of Illinois to help the Midwest state’s businesses boost export sales and jobs. The so-called […]
Brian Conrad, TSA executive director, doesn’t expect the westbound transpacifc trade in terms of rates and volumes to change significantly because of the merger. The market “is still going to be driven […]
The liner carrier OOCL said Monday it will no longer provide chassis for import and export shipments to and from facilities in Houston and Savannah from July 1. […]
Evergreen Marine Corp. said it had a profit of 128.5 million New Taiwan dollars (NT) ($4.3 million) compared to a loss of 3.1 billion NT in 2011. The […]
The North American revenue-earning railcar fleet increased by 1 percent in 2012, according to the 2013 North American Freight Railcar Review, published by Railinc. The revenue-earning fleet is […]
The U.S. Environmental Protection Agency today said it’s withdrawing approval of the import and sale of up to 74,000 gas-powered on-and off-road motorcycles and all-terrain vehicles from China. […]
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service today announced recent results of the agency’s efforts to support exports of U.S. agricultural products, and they’re expected […]
DHL will break ground this month in Tokyo on the 44,000-square-meter Sagamihara Logistics Center, a development that will spur $50 million in investment over the next 10 years, according […]
Along with previous funding, Georgia has allocated $231.1 million toward the state’s portion of the Savannah Harbor Expansion Project, which will deepen the harbor from 42 to 47 feet to […]
The non-vessel-operating common carrier CaroTrans said Tuesday it will add two Shanghai-to-U.S. less-than-containerload (LCL) services to its transpacific services. The services include a new connection between Shanghai and […]
The agency announced Saturday that Richard A. Lidinsky Jr. has resigned as chairman and Commissioner Mario Cordero of Long Beach, Calif., who joined the FMC in June 2011, will take […]
In proposed legislation, the senator seeks a “merit-based” system for funding port infrastructure. “This bill changes the way we deepen ports and it sets aside money to make sure there will be […]
The logistics company Agility said it had net profit of 34.3 million Kuwait dinar (KD) in 2012 ($119.9 million), 27 percent more than in 2011. Revenue in 2012 […]
The United States on Friday announced it’s considering a Trade and Investment Framework Agreement (TIFA) with the Economic Community of West African States (ECOWAS). “A Trade and Investment […]
Things are looking up for JB Hunt, according to a BB&T analysis ahead of the company’s release of first-quarter results. BB&T predicts intermodal volumes will rise near the […]
Walter Kemmsies, chief economist of Moffatt & Nichol, said Thursday he is forecasting import cargo volumes in the peak season this year could be 5 percent higher than in […]
TAGG Logistics will consolidate its three sites around St. Louis next month by opening a 200,000-square-foot facility next to the Lambert-St. Louis International Airport. The development will include […]
News reports said Guillermo Luksic Craig died of lung cancer. Through its 83 percent stake in Quiñenco, one of Chile’s largest conglomerates, the Luksic family acquired a stake in CSAV in […]
Hillwood Properties is adding on to its 17,000-acre master-planned complex AllianceTexas, building the 1.2-million-square-foot industrial speculation property Alliance Center North 1 as part of the Fort Worth development’s 650-acre […]
The Baltic Air Charter Association (BACA) has elected Tony Coe, owner of Aviation Complete Ltd., as its new chairman. The association, based at the Baltic Exchange in London, […]
The consolidated cases — Asamarbunker v. U.S. 5th Cir. Nos. 12-40246 & 12-40248. Feb.1 — center on the arrest of two ships and their subsequent sale to satisfy outstanding […]
Port trucking companies wrestle with productivity, labor compliance challenges. By Eric Kulisch Trucking companies that service the ports of Los Angeles and Long Beach are trying to overcome impediments at […]
APMT said the Maasvlakte II facility, scheduled to open in November 2014 with an initial annual throughput capacity of 2.7 million TEUs, will be the most technologically advanced container terminal […]
The requirement under the Jones Act that ships moving cargo between two U.S. points be built and registered in the United States and crewed by Americans has attracted attention […]
Since the forced budget cuts took effect March 1, federal agencies in charge of overseeing trade into and out of the United States have had to make due with […]
Miasolé, a solar energy company in Santa Clara, Calif., was able to export its thin-film solar panels to a solar photovoltaic project in Rajasthan, India, with help of a […]
Hapag-Lloyd said it will begin operating its weekly Finland Express Service (FEX) to Baltic ports next week. Two ships with about 1,000 TEUs of capacity will call Bremerhaven, Hamburg, St. […]