Commentary: Practicing safe freight payments
Thanks for bringing the important topic of the Trendset freight payment matter to the shipper community’s attention. In my 30-plus years in the business, I have never quite […]
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Thanks for bringing the important topic of the Trendset freight payment matter to the shipper community’s attention. In my 30-plus years in the business, I have never quite […]
A leading U.S.-flag shipowners’ group said a proposal by the Obama administration to allow more purchasing of food abroad and eliminating requirements that it be carried on U.S. merchant ships would […]
Evergreen said it will launch a new weekly direct service next month linking central China with the U.S. West Coast. The China-Pacific South West Service (CPS2) will employ […]
The $743.3 million contract was issued to a joint venture of Skanska Koch and Kiewit Infrastructure Co. as part of a $1.29 billion project to raise the bridge so bigger ships can […]
Ocean carriers are reaping big savings through slow steaming and using larger vessels, but a Germanischer Lloyd official said significant additional benefits can be realized through adopting improved technology.
The U.S. Department of Commerce’s Bureau of Industry and Security said Computerlinks FZCO of Dubai, United Arab Emirates, has agreed to pay a $2.8 million civil penalty following allegations […]
The Obama administration said it’s looking forward to stronger trade relations with Vietnam through the Trans-Pacific Partnership (TPP) trade agreement. Acting U.S. Trade Representative Demetrios Marantis on Wednesday […]
It’s become an article of faith for some in the transportation industry that ocean shipping’s move to larger ships will be a boon to the environment. But speaking […]
The Obama administration Wednesday notified Congress of its intent to include Japan in the Trans-Pacific Partnership (TPP) Agreement negotiations. This notification follows an announcement on April 12 that […]
The news in early April that freight payment and audit services provider Trendset was beset by internal embezzlement and fraud has struck a nerve among shippers on how best […]
The U.S. Commerce Department has selected 20 companies to join its deputy secretary, Rebecca Blank, on an infrastructure business development trade mission to Sao Paulo, Brazil; Bogota, Colombia; and […]
Bowhead Transport Co. and Crowley Marine Services said they will set up a joint venture to provide marine services in Alaska’s Arctic. The entity will operate as UIC […]
VTG Aktiengesellschaft, a European railcar and logistics services provider, and Kuehne + Nagel, a large logistics firm, are planning to merge parts of their rail logistics activities. Both parties entered a letter of intent this […]
Paul Fisher, president and chief executive officer of industrial real estate developer CenterPoint Properties Trust, announced his retirement. Fisher was one of the founders of the company in […]
The U.S. Coast Guard said Thursday morning that the Port of Mobile was open following an explosion Wednesday evening aboard a gasoline barge owned by Kirby Inland Marine. […]
Maersk Line will discontinue its participation in two direct services, its West Med and Med Gulf strings, later this spring in favor of a feeder network to serve Mediterranean […]
Steel imports fell again in March by 1.3 percent compared to February, based on preliminary U.S. government reporting analyzed by the American Institute for International Steel (AIIS). “After […]
Hong Kong’s Labor Secretary, Matthew Cheung, met with striking dock workers on Monday and urged them to return to the negotiating table. The workers are employed by subcontractors at Hong […]
Swift Transportation turned in operating revenue of $856.8 million during the first three months of the year, a result the company is touting as record first quarter revenue. […]
“The lack of investigation and accident reports hinders the development of appropriate measures by IMO to address the cause of serious incidents in which seafarers may have lost their lives.” […]
“Where the cargo to fill the extra capacity is going to come from has not yet been defined,” the London-based firm said, adding it appeared carriers expect to entice some cargo […]
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. […]