Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news. Subscribe now.
The URCS is the STB’s general purpose costing system that’s used to estimate variable and total unit costs for Class I railroads, including making determinations on whether a railroad’s rates […]
Conexus, a third-party logistics services provider based in Tulsa, Okla., has relocated its Laredo, Texas operation to a larger facility within the same city. The company first started […]
Barbican Group Holdings Ltd. has acquired Seacurus Ltd., a U.K.-based specialist marine insurance broker that’s a leading provider of marine kidnap and ransom insurance. Seacurus will continue to operate […]
A study released last week by the Maritime Administration said in 2011 the U.S. private shipbuilding and repairing industry directly provided 107,240 jobs (including payroll and self-employed jobs, including […]
After 35 years of service, FedEx parked the last of its Boeing 727 narrow-body freighters when the plane landed Friday afternoon at its hub in Memphis. The midsized freighter was first […]
Rahul Kapoor, senior analyst at Drewry Maritime Equity Research, said “the sheer collapse in Asia-Europe freight rates in the past two months shows how fickle the industry’s demand supply balance […]
The Port of Virginia is off to a red-hot start to 2013, posting its best TEU volume growth through five months than any time in its history. In […]
Members of a large shipowners’ association that rely on the Malacca and Singapore Straits to transport marine freight to the region and around the world this past week sailed […]
Shipper groups are calling for the proposed “P3 Network” between the world’s three largest container carriers – Maersk, Mediterranean Shipping Co., and CMA CGM – to be scrutinized by regulators. […]
DOT has proposed new or expanded U.S. air carrier rights from four cities – Los Angeles, Atlanta, Detroit, and Charlotte, N.C. – to the Brazilian city, namely for American, Delta, and US […]
After close scrutiny of the competitive effects of the proposed equity investment and joint venture, the Justice Department concluded the facts and circumstances did not warrant any further investigation.
The U.S. Federal Maritime Commission (FMC) has received 15 ocean transportation intermediary license applications and changes for review.
Individuals knowing of a reason why an applicant should not receive a license should contact the Office of Transportation Intermediaries.
The U.S. Federal Maritime Commission has received 15 license applications and changes for review. The FMC received a non-vessel-operating common carrier license application from Premier Van Lines International, Mesa, […]
The U.S. Federal Maritime Commission has received 15 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from AA Shipping, Houston (Barbara […]
The U.S. Federal Maritime Commission has received 15 ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from A-Logixtic Group, […]
The U.S. Federal Maritime Commission has received 15 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Falcon Maritime and Aviation, Jamaica, […]
The U.S. Federal Maritime Commission has received 15 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Alltransport International Logistics, Long Beach, […]
The U.S. Federal Maritime Commission has received 15 ocean transportation intermediary license applications and changes for review.
Individuals knowing of a reason why an applicant should not receive a license should contact the Office of Transportation Intermediaries.
The U.S. Federal Maritime Commission has received 15 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Global Wide Logistics, San Leandro, […]
The U.S. Federal Maritime Commission has received 15 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Fastgrow Logistics (Americas), City of […]
Those with objections should contact the Office of Transportation Intermediaries in Washington, D.C.
FMC reviews 15 OTI license applications
The U.S. Federal Maritime Commission has received 15 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Ever Reach Logistics, City […]
The U.S. Federal Maritime Commission has received 15 ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Global Logistic Solution Center, […]
The U.S. Federal Maritime Commission has received 15 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 15 license applications and changes for review. The FMC received a non-vessel-operating common carrier license application from Sea Crest Logistics San […]
Individuals knowing of a reason why an applicant should not receive a license should contact the Office of Transportation Intermediaries.
Individuals knowing of any reason why an applicant should not receive an OTI license or amendment are urged to contact the Office of Transportation Intermediaries.
Campbell Transportation will christen two newly built towboats and a drydock on June 25, marking the first new vessel construction in Pittsburgh in 30 years. The drydock was […]
Private equity companies have shown increased interest in the shipping industry, and investor Wilbur Ross, who has invested in both tanker and liquefied petroleum gas (LPG) carriers, predicts their investment […]
Christopher J. Connor, currently deputy CEO and chief commercial officer, will be located at the company’s headquarters in Lysaker, Norway. He has 32 years of experience in the logistics industry.
The firm completed the first stage of an acquisition by signing agreements to buy logistics services provider Supaswift (Pty) Ltd. in five countries in Southern Africa, including South Africa, Malawi, […]
The Tampa Port Authority board of commissioners approved a 25-year agreement to allow four of the port’s major oil and gas customers to share operation, maintenance and repair of the […]
MD Logistics has become one of only a few pharmaceutical third party logistics companies in the Indianapolis area to achieve Foreign Trade Zone status with the U.S. government. […]
Yusen Logistics will now offer a weekly less-than-containerload service from Ho Chi Minh City, Vietnam to Los Angeles. The service features weekly sailings from Ho Chi Minh, departing […]
C.H. Robinson Europe has opened a new office in Istanbul, Turkey. The logistics services provider’s Turkey office will offer international road freight services including both full and less-than-truckload transport. […]
The funding follows $1 million in quick release emergency relief from the department provided the day after the collapse. The Washington State Department of Transportation will use the funds to […]
The intemodal operator said the purchase of ERS supports its strategy of developing businesses in rail markets beyond its base market in the United Kingdom. Financial details of the transaction […]
The Japanese liner company said it has arranged for a patrol boat, which has already departed from Port of Jebel Ali, United Arab Emirates, to monitor the state of the […]
The U.S. Court of Appeals in Washington, D.C. on Tuesday rejected a request by Delta Air Lines to vacate the U.S. Export-Import Bank’s support of sales of U.S.-manufactured aircraft to […]
The Jacksonville Port Authority’s board of directors voted Monday morning to offer its chief executive officer position to Brian W. Taylor, a former executive vice president and chief operating officer […]
The Japanese liner reports its containership MOL Comfort has split in half, but that as of 7 a.m. the fore and aft sections of the 7,041-TEU ship continue to float with […]
NYK Line will launch a new roll-on/roll-off service connecting U.S. East and Gulf coast ports with the west coast of South America, starting July 24. The service, called NYK Chile Express, will […]
Shipments of iron ore on the Great Lakes totaled 6.4 million tons in May, an increase of 15.1 percent compared to April, the Lake Carriers’ Association said. However, […]
The Sahil Group and Sahil Freight Express will open the 44,000-square-foot packaging and warehousing facility in Mumbai by Sept. 1. The owners are currently looking for a joint-venture […]
The three largest container shipping carriers in the world, Maersk Line, Mediterranean Shipping Co. and CMA CGM, said this morning they have agreed in principle to establish a long-term […]
Austrian crane manufacturer Liebherr has opened a new $20 million sales and service center in Miami off Okeechobee and the Florida Turnpike. It will serve as a major […]
The U.S. Department of Agriculture today announced actions to manage the domestic sugar surplus, as required by law, while operating the sugar program at the least cost to the […]
The Japanese carrier said the 7,041-TEU MOL Comfort sustained the crack in the Arabian Sea at around 7 a.m. local time on Monday morning while in transit from Singapore to Jeddah. […]
Developers proposing to build a new canal across the Central American country are targeting operators of large ships that will not pass even through the new set of locks being build at […]
The shipping consultants Drewry are predicting that the westbound cargo growth in the Mediterranean-North America trade “is likely to remain poor, so more schedules between the Mediterranean and ECNA […]
COSCO Pacific reports that it handled 5.1 million TEUs in May, 7.6 percent more than in May 2012. Year to date, the company has handled 24.4 million TEUs, […]
The U.S. Supreme Court ruled Thursday in favor of the American Trucking Associations (ATA) in the group’s effort to turn back the Port of Los Angeles’ efforts to regulate […]
In 2011, the port instituted a cargo facility charge (CFC) on all waterborne cargo, including empty containers. The fee is $4.95 for 20-foot containers, $9.90 for 40-foot containers, and $1.11 […]
French liner carrier CMA CGM has announced a “revenue restoration program” on its Asia-Europe trade lane. Outbound from Europe, the company said it will impose a general rate increase […]
The first of Maersk’s new “Triple-E” ships was officially named this morning in a ceremony at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea. […]
The U.S. Export-Import Bank has signed a City/State Partnership with the Tennessee Small Business Development Center to help boost jobs in the state by promoting exports. “The partnership will bring […]
“By restricting competition to the few U.S.-flagged ships still sailing… cargo preference adds $140 million in transportation costs (to food aid) each year,” said Rep. Ed Royce, chairman of the U.S. […]
The U.S. State Department on Wednesday announced a new limited waiver of the Syria Accountability and Lebanese Sovereignty Restoration Act of 2003 (SAA) to allow the export and re-export, […]
“After years of discussions and hurdles, it’s wonderful to finally see steady progress on this critical project,” said PRPA Chairman Charles G. Kopp. “A deeper shipping channel will allow us […]
The meeting was described as a “state of the port” briefing for longshoremen, who rejected a local contract seven weeks ago, but continue to work while negotiations continue. The Virginia Pilot […]
Hamburg Süd will be offering a new fixed-day, fortnightly service from South Africa to Argentina and Brazil (SABR Service) in cooperation with Nile Dutch, beginning next month. The […]
“This project can be built away from where people live and children go to school, but the City of Los Angeles wants to put it in a low-income minority neighborhood,” […]
China Merchants Holdings (International) Co. Ltd. today completed its purchase of a 49-percent equity stake in the French liner carrier’s terminals business, which includes 15 facilities in eight countries, for 400 million […]
If you have wondered what Maersk Line’s new “Triple E” ships will look like when they’re underway, the Website gCaptain has posted photographs of the first of these vessels undergoing […]
A long-planned barge service between the Ports of Stockton and Oakland, Calif., began operation on Sunday evening. A barge loaded with 32 40-foot containers filled with animal feed […]
Shipments of coal on the Great Lakes totaled 2.6 million tons in May, a decrease of 11.3 percent compared to a year ago, according to the Lake Carriers’ Association. […]
Cargo volumes moving from North America to North Europe picked up in the first quarter, but are “unsustainable due to the austerity measures being taken by most European governments,” […]
An effort by container shipping companies to deal with surplus tonnage by cascading 8,000-TEU vessels into the trade lane between Asia and South America’s east coast “appears to have seriously […]
Operators of 60 U.S.-flag ships in the Maritime Security Program will only get about 75 percent of their normal monthly stipend in August and none in September due to sequestration of […]
News reports say a Chinese company, HK Nicaragua Canal Development Investment, is working with the Nicaraguan government on a $40 billion project that would provide a vessel transit alternative to the […]
Gerry Wang, the chief executive officer of Seaspan, one of the world’s largest builders and charterers of containerships, told financial analysts that while freight rates are depressed, there is […]
Intermodal traffic rose 3 percent, year over year, to 1.21 million containers and trailers, according to the Association of American Railroads. May’s weekly average for intermodal traffic stood at […]
The agreement with the Oregon International Port of Coos Bay, signed last week, is to run the 134-mile railroad. CBR has been running revenue freight trains on the line […]
Masamichi Morooka, the chairman of the International Chamber of Shipping (ICS), said this week that new legislation to protect the environment could potentially cost the shipping industry $500 billion […]
U.S. Transportation Secretary Ray LaHood named seven people to the board of the U.S. Merchant Marine Academy, which has been rocked by a series of controversies in recent years.
The composer Alan Hovhaness incorporated recordings of whale songs into one of his symphonies, but a new group of composers are working another sound from the sea into their […]
Drewry cautions that shippers may see a deterioration in service if the current price war in the ocean container industry continues. “The carrier financials that have so far […]
Cargo is moved by sea from the ports of Jakarta, Port Kelang, Bangkok, Haiphong, Keelung and Singapore. Shipments are then routed by rail through the China corridor to the […]
Carlile’s 700 employees will join Saltchuk’s national team of 5,500 workers. Carlile will remain a standalone company headquartered in Anchorage. Other Saltchuk Alaskan firms include Totem Ocean Trailer […]
John Nardi was appointed president of the New York Shipping Association (NYSA) on Tuesday by its board of directors. Nardi, who has been executive vice president of NYSA […]
Four, 50,000 DWT Jones Act product tankers being built by General Dynamic’s NASSCO shipyard in San Diego for American Petroleum Tankers will be “LNG-conversion-ready. Construction of the first tanker […]
Maersk Line said it will implement rate hikes on several trades: A general rate increase (GRI) for dry cargo moving from the Middle East, India and Pakistan to the […]
Maersk announces rate hikes
The NVOCC CaroTrans said it has entered into a strategic alliance with Multifreight Consolidator System, Inc. (MFCSI), an NVOCC in the Philippines market. CaroTrans said the two companies […]
Germanishcher Lloyd has designed a ship called “C-Dragon” that has design layout features considered to have an effect on container movement times. The ship is designed to have capacity of […]
Maersk, MSC and CMA CGM have been deploying vessels on transpacific lanes that average 32 percent more TEUs than the normal ship size on the lane, according to an article […]
The American Association of Railroads (AAR) and National Industrial Transportation League (NIT League) last week sparred over proposed changes in railroad regulation. The AAR, which represents the country’s […]
CMA CGM, the world’s third largest container shipping group, said it had a profit of $102 million in the first quarter compared to a loss of $240 million in […]
The plan raises the local share of the $733 million project from $189 million to $383 million, with $95 million of that increase for terminal improvements necessary to accommodate the deeper […]
The Truck Operators Independent Contractor Act would prevent trucking companies from misclassifying truckers as a way to avoid workers’ rights and employer responsibilities, including unemployment and Social Security contributions.
The U.S. Commerce Department has found shippers of certain frozen shrimp in China, India, Malaysia, Thailand and Vietnam receive government subsidies, while those in Ecuador and Indonesia do not. […]
Officials from Zim said they are hopeful that general rate increases being announced by carriers to take effect at the beginning of July will stick and improve the outlook […]
The liner carrier said Friday it’s increasing the size of a July 1 general rate increase for cargo moving from Asia to North Europe from $750 per TEU to $950 per […]
Yang Ming has extended its lease at the Port of Los Angeles for an additional nine years. The liner carrier’s current lease at the West Basin Container Terminal […]
The Port Authority of New York and New Jersey implemented the controversial $4.05-per-TEU Cargo Facility Charge in 2011 to help pay for road and rail infrastructure, as well as security at the port.
The Mexican government is stepping up its implementation of recently introduced streamline audit procedures for the verification of textile products entering the country. The procedures seek to avoid […]
Vice President Joe Biden and Haitian President Michel Martelly signed a Trade and Investment Framework Agreement (TIFA) this week in Port of Spain which will provide a forum for […]
