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The U.S. Commerce Department on Thursday reported that the country’s exports of goods and services dropped slightly to $188.9 billion, from $189.3 billion in August. Exports through the […]
U.S.-flag Great Lakes freighters carried 9.8 million tons of dry-bulk cargo in October, an increase of 14.4 percent compared to a year ago, according to the Lake Carriers’ Association […]
Hanjin Shipping said it had a loss of 317.6 billion ($297 million) South Korean won in the third quarter compared with a loss of 47.3 billion won in the […]
Axel Mattern, the Port of Hamburg’s marketing chief executive officer, said he anticipates anticipates seaborne cargo throughput for the full year of up to 138.5 million tons. That would […]
The Department of Defense said that Maersk Line Ltd., the U.S.-flag arm of Maersk based in Norfolk, Va., has been awarded a $73,677,038 firm-fixed-price contract for the time charter […]
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service is considering which pests actually pose a risk to the country’s agriculture sector when found in imported goods […]
Quarterly revenue of $14.6 billion for the group was down less than 1 percent, and the company said increased profit was achieved at all its businesses except Maersk Oil […]
The American Institute for International Steel has appointed Richard Chriss as its new executive director, replacing David Phelps, who is retiring. Phelps served as the AIIS executive director […]
Piraeus Container Terminal (PCT), a wholly-owned subsidiary of COSCO Pacific Limited, and Piraeus Port Authority have proposed to amend a 2008 concession agreement relating to Piers 2 and 3 […]
Business leaders question direction of Republican Party. The extreme conservative faction of the Republican Party — better known as the Tea Party — was largely responsible for the recent government shutdown […]
Ocean liner carriers “have had little choice but to focus on cost savings and increased efficiency as their strategy,” said Christopher Koch, president and chief executive officer of the […]
The Port of Oakland said Friday it has completed construction of its shore power infrastructure that will allow ships to “cold iron” — plug into electricity generated on shore […]
Import volume at the nation’s major retail container ports grew 6.5 percent in October compared to the same month last year despite the government shutdown, and year-over-year increases are […]
Hapag-Lloyd said it had profit in the third quarter of 16.6 million euro ($22.31 million), compared with 45.6 million euro in the same period last year, but said freight […]
At this pace, President Barack Obama and Vice President Joe Biden should be eligible to become honorary port directors. On Friday, the Port of New Orleans served as […]
Hanjin Shipping said Young Min Kim, president and chief executive officer, resigned “to take responsibility for the company’s continuing losses and delay on financial support from major creditor banks.”
The Canadian Industrial Transportation Association is changing its name to Freight Management Association of Canada/Association canadienne de gestion du fret. Robert Ballantyne, president of the group, said the […]
The Russian merchant fleet welcomed its first very large crude carrier (VLCC) during a naming ceremony last Thursday at the Bohai Shipbuilding Heavy Industry shipyard in China. The […]
Under the program, ocean carriers will earn $5 per TEU for each incremental container shipped through the port in 2014. The rate jumps to $15 per TEU if a […]
Since 2005, plant cargo into Atlanta has increased from fewer than 4 million plant imports to more than 200 million plants, according to officials. Atlanta is also the second-busiest […]
The U.S. Federal Maritime Commission has received 34 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 34 ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Alpha Global Enterprise, […]
FMC reviews 34 OTI license applications
The U.S. Federal Maritime Commission has received 34 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 34 ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from JZ Cargo Logistics […]
The U.S. Federal Maritime Commission has received 34 ocean transportation intermediary license applications and changes for review.
APL Turquoise, a ship deployed on APL’s Asia-Australia Express (AAX) service that connects Singapore, Port Kelang, Malaysia, and various ports in Australia was unable to offload cargo in Fremantle […]
“North Europe Global Port Tracker” projects a recovery in container cargo volumes next year, just as significant numbers of ultralarge containerships are being delivered.
The U.S. Maritime Administration said Thursday it will spend $1.4 million on two projects looking at use of liquefied natural gas as a fuel for marine propulsion. In […]
Minjie China COSCO Holdings Co. Ltd. said Thursday in a notice posted with the Hong Kong Stock Exchange that it “has been informed by the controlling shareholder, China Ocean Shipping (Group) […]
Biden Vice President Joe Biden and Secretary of Transportation Anthony Foxx toured CSX’s sophisticated Northwest Ohio Intermodal Terminal in Wood County on Wednesday, the latest stop by Biden to promote […]
Matson said Wednesday it has signed a contract to have Aker Philadelphia Shipyard build two new 3,600-TEU containerships for an aggregate price of $418 million. The new ships […]
The company’s first service began two weeks ago, and Schneider will have the new program, which links three cities in Mexico to Chicago via a new interchange point, fully […]
At a meeting with the New York Shipping Association and Waterfront Commission of New York Harbor over hiring additional longshoremen there was “a great deal of progress,” according to […]
C.H. Robinson saw its total revenues increase by 15.1 percent in the third quarter, jumping from $2.88 billion in the 2012 period to $3.32 billion. For the first nine […]
The Mexican military and federal police have taken control of the port city of Lazaro Cardenas. CNN said a government spokesman told it that “the Mexican navy, army, […]
Horizon’s president said the improvement was “driven largely by reduced vessel charter expense, increased non-transportation revenue, lower dry-dock transit and crew-related expenses, and reduced overhead.”
The container terminal has a designed capacity of 2.8 million TEUs and is designed to service the world’s mega container vessels. The terminal is expected to commence operations in […]
Expeditors International of Washington said it had a profit of $92.4 million in the third quarter of 2013, 4-percent more than the $88.5 million earned in the same 2012 […]
Clean Energy Fuels Corp. said last week that it has placed a purchase contract on property in Jacksonville, Fla., where it hopes to build a liquefied natural gas (LNG) […]
NYK and its Nippon Container Terminals subsidiary are acquiring a 12.5-percent stake in Yang Ming’s Kao Ming Container Terminal Corp. (KMCT). KMCT was established as a build-operate-transfer project […]
Damco has opened a new warehouse in Semarang, Central Java. The warehouse is Damco’s fourth container freight station (CFS) facility in Indonesia and the second in Semarang. The company’s […]
Drewry said the P3 carriers are projected to maintain or improve headhaul vessel speeds, and the firm expects competitors “to follow P3’s speed improvement on headhaul routes in 2Q […]
The Port of Jacksonville and long-time tenant Trailer Bridge, Inc., have signed a new 10-year lease contract, which includes two additional five-year options. The agreement continues the company’s operations […]
By Chris Dupin and Eric Kulisch Officials held a ceremony Friday to publicize the California Green Trade Corridor, a container-on-barge service that operates between the ports of Stockton […]
The Shanghai Container Freight Index spiked upward on Friday, reflecting general rate increases being implemented by many carriers. Container spot rates increased for the sixth time in the past […]
Rickmers Holding GmbH & Cie. KG, parent of the Rickmers Group of shipping companies, has increased a corporate bond placed in June 2013 by 50 million euros ($67 million) […]
The Port of Long Beach is ready to meet California’s mandate for at least half of all container ships to run on shore-side electricity at berth beginning Jan. 1, […]
Hutchison Port Holdings (HPH) said it had profit of 966.3 million Hong Kong Dollars ($124.6 million) in the third quarter ending September 30, about 2 percent less than the […]
Non-vessel-operating common carrier Vanguard Logistics Services announced customers will be able to book their cargo to worldwide destinations from India on the NVO’s bill of lading and have 24-hour […]
“The timing of these increases is important, as prevailing spot market rates have a very strong influence on contract rates, for which negotiations are presently getting underway for 2014 […]
Evergreen said Sun Right, a 4,229-TEU chartered containership in its fleet, has sustained mechanical problems off the coast of California while on an eastbound voyage (Voyage No. 0607-119E) in […]
The Japanese classification society Nippon Kaiji Kyokai (Class NK) is proposing safety measures following its own investigation of the MOL Comfort casualty this summer and the deliberations of a […]
International traffic has been in decline due to the contents of many 40-foot international containers being immediately transferred to domestic 53-foot units at seaports, but during the third quarter, international […]
The American Institute for International Steel (AIIS) said U.S. steel exports increased in August compared to July by 5.5 percent, but were down compared to August 2012 by 2.1 […]
Marking the one-year anniversary of the U.S.-Panama trade agreement entering into force Thursday, U.S. Trade Representative Michael Froman highlighted significant increases in American shipper activity to the Central American country. […]
Japan’s three large shipping companies — NYK, MOL and “K” Line — all reported better results for the periods ending September 30, when compared to the prior year, largely […]
After six months of work, an ad hoc panel of the House Transportation and Infrastructure Committee on Tuesday announced a series of recommendations for improving the nation’s freight transportation system, but despite […]
The U.K. P&I Club said a recent incident in which containers of crab shell meal caught fire due to self-combustion has highlighted safety issues with the substance, which is […]
China Shipping Container Lines Co. Ltd. said it had a net loss of 404 million yuan renminbi (RMB) in the third quarter ending September 30 compared to a net […]
International Bunkering, one of the world’s largest bunker and lubricant trading companies, has acquired U.S. bunker brokerage firm Glander International. All brand equities will be transferred from both […]
Bogatch-Genossar The New York/New Jersey Foreign Freight Forwarders and Brokers Association has named Lea Bogatch-Genossar, ZIM’s Americas, Canada and Caribbean Area President, their Person of the Year. She […]
By sharing vessel space, the carriers said they will increase total capacity in the trade by using two 2,500-TEU-capacity vessels, resulting in a more efficient operation and reduced carbon […]
FESCO Integrated Transport North America has launched a new regular container service from North America to St. Petersburg, Russia, from the ports of New York, Norfolk and Charleston with […]
China Cosco Holding Co. Ltd. said it had a net loss of 737 million yuan renminbi (RMB) ($121 million) in the third quarter, compared to a 1.1 billion RMB […]
NOL Group, the Singapore-based parent of the container liner company APL, on Wednesday reported a net profit of $20 million for the third quarter of 2013, down from $50 […]
Hanjin Shipping said Wednesday that it is receiving a loan of 150 billion Korean Won ($141.6 million) from Korean Air, a major shareholder of Hanjin Shipping Holdings. In […]
AGL Resources said its Tropical Shipping operation had earnings before interest and taxes (EBIT) of $2 million in the third quarter compared to a loss of $1 million in […]
The agreement would give the three carriers the ability to discuss and agree on the size, number and operational characteristics of vessels to be operated on transatlantic and transpacific […]
“I believe management has good intent; I believe the ILA has good intent. But the big umpire in the room is the Waterfront Commission,” said Dennis Daggett.
Mobile, Ala.-based ASF Intermodal has opened an intermodal drayage facility in Chicago, the firm’s first location in the Midwest. The new Chicago terminal is the first of several […]
A.P. Moller-Maersk has appointed Morten Engelstoft to chief executive officer of Services and Other Shipping. In addition, Engelstoft will take over the position of CEO for Maersk Tankers, […]
The Obama administration expressed “serious concerns” about the enforcement of Guatemala’s worker-rights laws, expecting “solid progress” toward implementing the country’s commitments over the next six months.
The National Shipping Co. of Saudi Arabia, Bahri, said it had net profit of 146.1 million riyal ($39 million) in the third quarter compared with 60.2 million riyal in […]
INTTRA said that it will roll out a cloud-based product early next year that will allow shippers — even and small- and medium-sized businesses — to get better visibility […]
In the third quarter, Pacer International experienced a jump in income from operations of more than $2 million compared to the same period last year, but saw a $98.9-million […]
The Waterfront Commission of New York Harbor will hold November hearings on the New York Shipping Association and International Longshoremen’s Association’s request to add longshoremen, and checkers and clerks […]
The Marine Engineer’s Beneficial Association said Jesse M. Calhoon, its longest-serving president “who is widely credited with ushering the union into the modern era,” died October 22.
OOCL lifted 1,349,205 TEU in the third quarter, 0.9-percent less volume than in the same period last year, according to a filing by its parent company, OOIL, with the […]
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service is amending its regulations to allow the cold treatment of imported fruits and vegetables upon arrival at the […]
“As I explored retirement options, we searched for a buyer that would provide the best home for our customers and employees,” said Jim Keller, president of KFS, in statement.
Officials at the Maasvlakte II terminal have negotiated a three-year collective labor agreement with two Dutch unions, FNV and CNV. The new terminal has been in the testing phase […]
The Port of Cleveland said it plans to start a regularly scheduled express ocean shipping service between Cleveland Harbor and Europe in April. It will be the only scheduled […]
The Georgia Ports Authority said its four super post-Panamax ship-to-shore cranes that arrived in June are now fully operational at the Port of Savannah’s Garden City Terminal. “Our […]
Railway operating revenues at Norfolk Southern ended the third quarter at $2.8 billion, a 5-percent increase over the same period in 2012, on the strength of a 4-percent rise […]
The House of Representatives on Wednesday voted overwhelmingly, 417-3, to approve H.R. 3080, the Water Resources Reform and Development Act of 2013 (WRRDA). The House Transportation and Infrastructure […]
The U.S. International Trade Commission has appointed Dominic L. Bianchi to general counsel and Margaret D. Macdonald to director of the Office of Unfair Import Investigations. The general […]
Shipments of coal on the Great Lakes totaled 2.7 million tons in September, a decrease of 13 percent from a year ago and the preceding month, the Lake Carriers’ […]
Federal Maritime Commission Chairman Mario Cordero said he is hoping for a favorable response from regulators in the Europe and China to his call for a global regulatory summit […]
If the P3 Network is approved by antitrust authorities, its members — Maersk, MSC and CMA — will have “two large competitive advantages over their closest competitors,” said SeaIntel […]
Starting April 13, 2014, the federal government will no longer print traditional lithographic (paper) nautical charts, but will continue to provide other forms of nautical charts, including print-on-demand charts and […]
“Improving Working Conditions in the Ready-Made Garment Sector” focuses on minimizing the threat of fire and building collapse in ready-made garment factories and on ensuring the rights and safety […]
The Indianapolis International Airport has recently commissioned what’s considered to be the largest solar project at a U.S. airport so far, with an output of 12.5 megawatts of electric […]
According to Drewry, the portion of containers that are 40-foot high-cubes has risen from 41 percent in 2007 to 49 percent, and this percentage is expected to grow by […]
CMA CGM said it is investing in a new information system and has “entered into a strategic partnership” with SAP “to develop the first system totally dedicated to container […]
The survey, sponsored by Penske Logistics, found that 3PL CEOs in North America, Europe and the Asia-Pacific are generally optimistic about company and industry growth prospects over the next […]
The Port of Long Beach handled 587,114 TEU in September, 14.7 percent more than in September 2012. Volumes of containers holding imports and exports as well as empty […]
Hillwood Properties — developer of the 18,000-acre, mixed-use AllianceTexas development in north Fort Worth — said it will build a speculative, 1 million-square-foot industrial building, called the Alliance Center […]
The Federal Maritime Commission has reached seven compromise agreements recovering a total of $617,500 in civil penalties. The agreements were reached with nine non-vessel-operating common carriers (NVOCCs) and […]
Cordero Federal Maritime Commission Chairman Mario Cordero is asking fellow regulators in the European Union and China to join with him in a global regulatory summit on the proposed […]
