Shipper group wants clarification on China VAT tax
The National Industrial Transportation League has requested assistance from the U.S. Government in obtaining clarifications on a value-added tax being imposed by the Chinese government.
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The National Industrial Transportation League has requested assistance from the U.S. Government in obtaining clarifications on a value-added tax being imposed by the Chinese government.
A showdown could be in the works next month over who has the right to repair chassis used to move containers to and from marine terminals. The International […]
Seaspan Corp., which builds containerships and charters them to liner companies, said it will build and charter 10 additional 14,000-TEU ships to Yang Ming. In January, Seaspan said […]
The Diamond State Port Corp., which operates the Port of Wilmington, Del., and Dole Food Co. said they have reached a deal for Dole to continue to use the […]
Members of the International Longshoremen’s Association (ILA) in the Port of Hampton Roads voted 520 to 483 on Monday to reject the terms and conditions of a new local […]
CSAV, the Chilean container shipping company, said that its board on Tuesday approved plans to sell, then lease back, two 6,500-TEU containerships. It said “the transaction is in […]
UNCTAD, the United Nations Conference on Trade and Development, has electronically published the latest edition of its liner shipping connectivity index. The agency notes that a country’s access […]
The Fairview Container Terminal at the Port of Prince Rupert in British Columbia is adding a fourth container crane, even as a member of the U.S. Federal Maritime Commission questioned […]
China’s first merchant ship to sail from Asia to Europe via the Arctic Sea departed Dalian last week. The Website SinoShip News reports COSCO’s multi-purpose ship Yong Sheng, […]
The London-based consultancy reported even though some cargo booked from Asia to Europe was rolled at the beginning of July “some ships still sailed light due to last-minute booking cancellations.”
Maersk Line has taken delivery of Majestic Maersk, the second of 20 18,270-TEU containerships being built for it by Daewoo Shipbuilding and Marine Engineering. Mikkel Elbek Linnet, a spokesman […]
Non-vessel-operating common carrier CaroTrans will offer a new direct, weekly less-than-containerload (LCL) and full containerload (FCL) export service from Houston to Rio de Janeiro, Brazil. The first sailing […]
MOL said it has completed measures to reinforce the hulls of three sister ships of the MOL Comfort, the 2008-built containership that suffered a hull fracture in the Indian […]
“K” Line Zhenhua Logistics (Shanghai) Co., Ltd. has opened a new warehouse in a Logistics Park of Shanghai Lingang New Town. The two-story, 43,890-square-meter warehouse is located on […]
The United States and an economic bloc of five East African countries have agreed to launch formal negotiations on a trade facilitation agreement, announced U.S. Trade Representative Michael Froman […]
Crowley Maritime Corp. has announced plans for a major expansion of its tanker fleet, saying it has entered agreements to have Aker Philadelphia Shipyard Inc. (APSI) build up to eight product […]
The Korean liner carrier reported a loss of 80.4 billion won ($72.4 million) in the second quarter of 2013 compared to a loss of 1.2 billion won in the same quarter […]
The firm said its analysis “shows that only Ambarli and Constanta currently have the operational capabilities to handle 10,000-TEU vessels, while Odessa will get the ability in the future, if the […]
Shipments of coal on the Great Lakes reached 2.9 million tons in July, an increase of 2.5 percent over June, and a jump of 7.3 percent compared to a year ago, […]
Orient Overseas (International) Ltd. (OOIL), parent company of container liner company OOCL, said it had a loss of $15 million in the first half of 2013 compared to a profit […]
The banana shipper, which operates Great White Fleet, reported in its second quarter results that reconfiguration of its European shipping system, initiated in the third quarter of 2011, provided more than $12 million […]
Shipments in North America dropped by 2.3 percent from June to July, but freight expenditures rose by nearly 1 percent, according to the Cass Freight Index Report. Compared […]
Matson, the leading container carrier between the U.S. mainland and Hawaii, reported a profit of 20.1 million in the second quarter compared to $7.8 million in the same 2012 […]
Maersk Inc. of the A.P. Moller-Maersk Group said Wednesday it had agreed to sell substantially all the assets of its trucking subsidiary Bridge Terminal Transport (BTT) to an affiliate […]
Freight forwarder Laufer Group International has opened a JFK International Airport office. The office will service customers for both ocean and air and report to Martin Karczewski, director […]
AIT Worldwide Logistics has opened an office in Toronto, Canada. This first Canadian location in AIT’s network is headed by independent contractor Branko Burazin. “The establishment of […]
Starting Aug. 19, trucks entering the secure area of a marine terminal in the Port of New York and New Jersey, must be registered in the port’s drayage truck registry (DTR) […]
Hamburg-based Hapag-Lloyd said it had a group profit of 20.9 million euros ($27.8 million) in the second quarter of 2013, while NOL of Singapore, parent of APL, had a loss of […]
Pritzker U.S. Commerce Secretary Penny Pritzker will lead her first business development mission to Mexico City and Monterrey, Mexico from Nov. 18-22. The mission’s purpose is to strengthen the […]
American Roll-on/Roll-Off Carrier (ARC) has expanded its Atlantic ro/ro service with the addition of a fifth U.S.-flag vessel. The ARC Freedom will allow for regular port calls at […]
Clean Cargo Working Group, an initiative of carriers and shippers dedicated to environmental performance improvement in marine container transport through measurement, evaluation, and reporting, said Independent Container Lines and […]
Domestic container volume rose 9 percent, year over year, during the second quarter, and total intermodal traffic inched up by 2.4 percent, according to the Intermodal Association of North […]
Nie Lijuan, deputy secretary-general at the China Association of the National Shipbuilding Industry (CANSI), said the goal is to “ease the supply glut of low-end ships and boost technology competence in producing […]
Crowley Maritime Corp. said it has tripled its bonded warehouse space in Panama and consolidated its liner and logistics teams to a new shared location in Panama City. […]
NRF President Matthew Shay said some members are paying thousands of additional dollars as a result of the congestion, with increased costs coming from storage at the terminal and longer driver wait-times […]
AIT Worldwide Logistics has opened a new facility in Houston, strengthening the company’s presence in the oil and energy industry. The office is headed by Mike Wilson, a […]
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service has expanded the market for California table grapes to include Western Australia. The addition of Western Australia […]
Capes Shipping Agencies, a Norfolk, Va.-based ships agency and bulk freight forwarder, has opened an office in Baltimore, adjacent to Seagirt Container Terminal. “Capes has served the Port […]
OOCL said it will introduce a service connecting Asia, the East Mediterranean, and Black Sea next month, using Zim’s EMX service. The first call will be provided by […]
The county has been promoting development of the Jasper Ocean Terminal for many years on the north bank of the river, on land that was used by the Georgia Ports […]
“As ocean carriers’ financial results are not expected to improve significantly before 2016, leasing will continue to grow, thereby creating opportunities for new financiers to enter the market,” the London-based […]
Horizon Lines said it had a loss from continuing operations of about $853,000 in the second quarter ending June 23 compared to a loss of $31.1 in the same […]
International Shipholding Group said it had profit of $1.9 million in the second quarter compared to $704,000 in the same 2012 period. (The company noted its results were […]
A dispute settlement panel agreed with the United States, finding that China violated numerous WTO obligations in conducting its investigations and imposing antidumping and countervailing duties on U.S. chicken imports.
The U.S. Trade and Development Agency and George Washington University signed a memorandum of understanding establishing a partnership to develop the Global Procurement Initiative: Understanding Best Value. The […]
Senate confirmation was reached Friday on three key U.S. Commerce Department posts. Ellen Herbst was confirmed as Commerce assistant secretary for administration and chief financial officer. She has […]
Two Democratic Capitol Hill lawmakers from New York, Sen. Kirsten Gillibrand and Rep. Jerrold Nadler, introduced legislation Thursday that they said will “update federal law to ensure that ports can […]
Rail activity in the United States rose during the last full week of July, with carloads growing 2.5 percent, year over year, to 295,532 units, according to the Association of […]
The U.S. Federal Motor Carrier Safety Administration on Thursday proposed eliminating a burdensome paperwork requirement for truck drivers related to vehicle maintenance that could save the trucking industry $1.7 billion per year. Truckers are required to conduct […]
NYK Line said that effective Sept. 2 it will implement a chassis provision charge (CPC) for motor carrier transport moving under NYK import or export merchant haulage bills of […]
French liner carrier CMA CGM said it has “signed for the acquisition” of three more 16,000-TEU ships. A spokeswoman said the ships will be delivered in the second […]
Alabama’s Gov. Robert Bentley named Angus R. Cooper III to the Alabama State Port Authority board’s at-large seat and chairman. In a concurrent gubernatorial action, Bentley also appointed […]
Roanoke Trade Services is advising freight forwarders and property brokers that they need to “re-comply” with new permitting and bonding mandate put forth in the 2012 highway reauthorization bill, known […]
GSP is designed to promote economic growth in the developing world by providing preferential, duty-free entry for up to 5,000 products when imported from one of 127 designated beneficiary countries […]
The European Union will continue to provide U.S. beef producers with significant access, at zero duty, to the EU market for high-quality beef produced from non-hormone-treated cattle. The […]
A value-added tax (VAT) will be applied to transportation and logistics services throughout China, starting today, Aug. 1. “In 2012, China reformed its existing VAT system by integrating the […]
Several environmental groups have filed a lawsuit in federal court against the Coast Guard and Port Authority of New York and New Jersey, challenging a permit amendment authorizing the raising […]
The port received a $1.5 million grant from Washington state to help complete the second phase of its roll-on/roll-off cargo facility, a dock-strengthening project which will allow it to accommodate the […]
Metro Ports Canada Ltd., a Newfoundland and Labrador company that is owned by Nautilus International Holding Corp., has entered an agreement with Pinnacle Renewable Energy in British Columbia to […]
DSC Logistics has broken ground on a retail consolidation logistics center in Moreno Valley, Calif. Due for completion late this year, Kraft Foods Group will be the first […]
“We continue to work diligently with all marine terminals, rail service providers, partner lines, port authority, however, we do not expect normal service to be restored until approximately middle of […]
The three major Japanese shipping companies released profitable first quarters for the period ending June 30, compared to losses in the same period last year. All three ocean carriers have fiscal years […]
Premier Transportation, a Forest Park, Ga.-based trucking company, has installed a solar array system at its Grove City, Ohio location that will generate more than 70,000 kilowatt hours annually, […]
The vessel owner did not provide details on the number of ships, their size, shipyard or the prospective charterer other than to say it “expects to sign a long-term charters with one […]
Chinese solar panel suppliers on Saturday agreed to a voluntary price undertaking where they commit to stop dumping their products on the European market and keep prices above a certain […]
Itasca, Ill.-based freight forwarder AIT Worldwide Logistics has expanded its presence in the Midwest by adding a new office in Omaha, Neb. The Omaha office includes two dozen […]
The former Horizon Lines executive was offered the job in June, but some members of the port authority’s board had asked whether there might be any conflict of interest in hiring […]
U.S. steel imports declined 14 percent in June compared to May, according to preliminary government data recently analyzed by the American Institute for International Steel (AIIS). “The decline in […]
Gerard J. Coyle, vice president of environmental and sustainable operations for Evans Delivery Co., said at a House field hearing that “the New York City Metropolitan area has some of […]
The U.S. Food and Drug Administration has published its proposed regulations to implement its Foreign Supplier Verification Program (FSVP) and third-party auditor accreditation under the Food Safety Modernization Act […]
The U.S. International Trade Commission said the four-year-old Earned Import Allowance Program (EIAP) is not providing enough incentives to help boost the competitiveness of Dominican apparel exports in the […]
Drewry said “ocean carriers should not count too much on a significant revenue boost” in the third quarter this year, adding the “peak season of the east-west trades no longer means […]
Hapag-Lloyd said it is implementing a “low water surcharge,” effective Aug. 5, for cargo moving between Montreal and North Europe, the Mediterranean and Africa as well as East Asia, […]
Non-vessel-operating common carrier Shipco Transport will open a new sales and operations office in Taipei. “With the opening of Shipco Transport in Taiwan, we are closing one of […]
The American Maritime Partnership (AMP) said it opposes legislation introduced by Puerto Rico Resident Commissioner Pedro Pierluisi to relax the U.S.-build requirement of the Jones Act for bulk vessels operating […]
Puerto Rico’s representative to the U.S. House of Representatives said he has introduced legislation that would exempt vessels carrying fuel, agricultural products and other bulk cargo from provisions of […]
Effective August 1, the per container charge with a destination within 260 miles of the Port of New York and New Jersey will be reduced to $94 from $100 […]
U.S. carloads fell by 3 percent, year over year, to 277,933 units, and intermodal volume rose by 2.8 percent to 253,424 units for the week ending July 20, according […]
In a speech at the Port of Jacksonville Thursday, President Barack Obama said Congress needs to move faster modernizing the nation’s ports to support new trade trends that will […]
“We currently expect our market environment to hold fairly steady as we head into the second half of the year,” Brian M. Sondey, TAL’s president and chief executive officer, […]
China International Marine Containers said that it has entered into a $425 million shipbuilding contract with the Chinese shipyard, New Times Shipbuilding, for the construction of five 8,800-TEU containerships. […]
Loaded container volumes in the first six months were 757,632 TEU, up 7.2 percent; empty container volumes totaled 220,934 TEU, up 6.4 percent. The port handled 166,093 TEU of […]
Hapag-Lloyd said the G6 Alliance’s New York Express, or NYE, service is relocating to the New York Container Terminal on Staten Island from Maher Terminal effective with the arrival […]
Global Container Terminals said its New York Container Terminal (NYCT) on Staten Island in New York has entered into an extension of its lease agreement with the Port Authority […]
Costamare, the Athens-based ship containership charterer, said Wednesday that it had net income of $30.6 million in the second quarter of compared to $21.1 million in the same 2012 […]
U.S. Customs and Border Protection (CBP) and the Federal Maritime Commission said they have signed an agreement to share data from CBP’s Automated Commercial Environment-International Trade Data System (ACE-ITDS) […]
The U.S. Maritime Administration is awarding $9.46 million to 12 shipyards, but it received about 10 times as many requests for money as it could provide–113 grant applications requesting […]
The service was taken offline Friday for about 16 and a half hours because of a problem with a piece of computer equipment located in New Jersey that required […]
TRAC Intermodal has introduced a premium 40-foot gooseneck marine chassis. The container leasing company said its “TRAC TITAN” chassis are available for daily use to motor carriers in […]
PSA International said the Zeebrugge International Port (ZIP) Container Terminal in Belgium opened last week with the berthing of the Ever Laden, a deepsea container vessel operated by Evergreen. […]
Alabama Steel Terminals will develop a new $36 million steel coil handling facility at the Alabama State Port Authority’s main docks complex in Mobile. AST will construct the 372,600-square-foot warehouse […]
The award of $11.7 million in damages to the owner and operator of a dredge that was struck by an orange juice tanker was upheld by the U.S. Court […]
In 2004, the tanker Athos I carried a cargo of crude oil from Venezuela to Paulsboro, N.J., and while approaching a terminal on the Delaware River, the ship’s hull […]
With competing needs for capital, liner carriers are using more leased containers. By Chris Dupin To buy or lease? It’s a question faced not only by new car shoppers, […]
Rickmers CEO says ocean shipping must tap new financial sources. By Chris Dupin For decades, limited partnerships, or “kommanditgesellschaft” (KG) in Germany, and loans from European banks have been important […]
Senior shipping executives and labor leaders gathered last month to celebrate the retirement of Jim Capo and Brian Dugan, respectively the chief executive officer and vice president of the […]
Liner carriers spanning the east-west container trades may be desperately pressing for rate increases to make up for financial losses, but indications are that industry resolve is as strong […]
UPS said it had a profit of $1.07 billion in the second quarter, 4 percent less than the $1.12 billion earned in the same 2012 period. Revenue was $13.51 […]
Maersk Line said it will implement a general rate increase (GRI) for dry and reefer shipments from the Far East to the United States on September 1. Rates will […]
If the Suez Canal was suddenly closed, container vessel schedules between Asia and Europe could be immediately adjusted to minimize delays by simply increasing speeds to 22 knots in […]