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The U.S. Export-Import Bank on Monday opened its newest regional export finance center in Detroit. This is the latest opening of four planned regional export finance centers by […]
U.S. steel imports declined 13.9 percent in December compared to November, according to preliminary government data compiled by the American Institute for International Steel (AIIS). “Imports plummeted in […]
The U.S. Export-Import Bank will guarantee a $780,000, 10-year loan to be made by UPS Capital Business Credit to finance the export of photovoltaic solar modules from Suniva Inc. […]
The North American Millers’ Association (NAMA) on Monday said its president, Mary Waters, has decided to resign her position. The Washington-based trade group said the “employment relationship is being ended […]
The U.S. and Japanese governments today have agreed on new terms and conditions which open the door for expanded exports of U.S. beef and beef products to Japan. Under these new […]
The steady growth of transloading in Southern California is welcomed by officials at the local ports because it represents an opportunity to attract more import cargo, but the trend […]
The railroad’s investments reflect the profitability of the freight railroads and their desire to keep up with growing demand as the population, highway congestion, international trade and U.S. reindustrialization increase.
In a statement to the Hong Kong Stock Exchange, China COSCO Holdings Co. Ltd. warned that it expects “to record a significant net loss” for 2012, in contrast to its profit of […]
J.B. Hunt Transportation Services generated record fourth quarter net earnings of $84 million, an $11.4 million rise over 2011’s total. Operating revenue for the fourth quarter also rose, […]
Manuel Ernesto Ortiz-Barraza, an independent financial consultant, was extradited to the United States from Mexico Friday for his alleged role in a scheme to defraud the U.S. Export-Import Bank […]
The U.S. International Trade Commission said domestic manufacturers are unfairly harmed by subsidized exports of large residential washers made in South Korea and similarly from imports of these products […]
The Canadian railroad has been an industry leader in making intermodal comparable to a truck service to attract shippers that demand fast and reliable freight transportation – and continues to hone […]
The port director of the Tampa Port Authority said robust growth in Latin America presents potentially significant opportunities to ports at the intersection of major East-West and North-South trade lanes.
The Alabama State Port Authority has approved $11.5 million in new contracts for the construction for a rail access bridge and expanded for another year Moffatt and Nichol’s engineering and […]
Swift Transportation submitted record quarterly operating revenue and operating income, finishing the fourth quarter with $922 million in revenue, outpacing last year’s result of $860 million. Full-year operating […]
The Panama Canal Authority will move ahead with plans to build a large terminal in Corozal, close to the new set of Pacific locks being built as part of the […]
Liberty Maritime Corp. on Wednesday filed a lawsuit in the U.S. District Court for the Eastern District District of New York accusing the Maritime Administration and U.S. Department of Transportation […]
Calendar-year revenues increased 10 percent to more than C$9.9 billion, with all business units registering gains, led by petroleum and chemicals at 15 percent to C$1.6 billion. Intermodal revenue grew […]
Seaspan has signed contracts for the construction of four 10,000-TEU class vessels that will be chartered to the Japanese liner carrier. The ships, to be built in China, are scheduled […]
BX Solutions, a Toledo, Ohio-based multimodal company borne from the debris of BAX Global, has added a time-definite, airport-to-airport trucking service to its 31 markets. Expansion of the […]
The liner carrier MOL on Wednesday released the latest monthly performance metrics for its North America service, as well as its latest quarterly intermodal performance metrics. Of 13 service […]
The Lake Carriers’ Association said it will continue to focus its lobbying efforts on Great Lakes dredging needs in 2013. LCA’s 2012 Annual Report, released Wednesday, said inadequate […]
Cargo security firm Freightwatch International said a suspect hijacked a last-mile courier load of pharmaceutical products at gunpoint outside of a pharmacy in Detroit on Monday morning. The load […]
Canadian National Railway is investing in two intermodal facilities in the Midwest to help shippers access the West Coast ports of Vancouver and Prince Rupert. The facilities are scheduled to […]
A German shipping fund plans to auction 14 containerships because of an inability to charter them profitably. MPC Offen Flote, a fund organized by MPC Capital, bought the […]
The Port Authority of New York and New Jersey is asking the U.S. Commerce Department to fund operation and maintenance (O&M) of a system that measures tides and currents this […]
DHX – Dependable Hawaiian Express, an ocean freight consolidator in the West Coast Jones Act trades, said it launched a door-to-door rate application that calculates combined transportation costs for […]
Wisconsin-based Marten Transport experienced the highest net income in its history last year, finishing 2012 with a 12.3-percent year-over-year rise in income to $27.3 million. Net income in […]
Total tonnage for all commodities moving across Port of Redwood City’s docks during the first half of fiscal year 2012-13 was 666,543 metric tons, an increase of 9 percent […]
DHL Global Forwarding has introduced the flexitank, a container specially designed for the transport of bulk non-hazardous liquids, to its operations. Shippers can use flexitanks for the transport […]
The Dredging Contractors of America said it endorses the Hurricane Sandy supplemental bill and urged the Senate to approve the legislation. The House passed the same bill last […]
For many companies, international transportation management has long been an isolated process — where products are shipped to, or received from, far-flung places overseas. Each successful transportation manager […]
The 2nd Circuit Court of Appeals affirmed a district court decision that found a vessel liable in rem for damage to pipe that was shipped in 2006 from China […]
If combined Hapag-Lloyd, Hamburg Süd would be fourth largest container carrier. By Chris Dupin The two leading German liner carriers, Hapag-Lloyd and Hamburg Süd, said in December they’re discussing a […]
Saddle Creek Logistics Services will open a 225,000-square-foot facility in Birmingham, Ala., on Feb. 1. The new development is a relocation of an existing wine logistics customer’s distribution […]
By Eric Kulisch Yusen Logistics (Americas) and Pacer Distribution Services are two of the biggest providers of transloading services in the Los Angeles area, and visits to their facilities […]
While precautions having to do with the production of animal byproducts used in feed have increased and trade become more restrictive in recent years because of concerns about “mad cow […]
The railroad said the 200-acre terminal near Greencastle, Pa., built at a cost of $97 million terminal, will connect Central Pennsylvania, Western Maryland, and Northern Virginia to domestic and world […]
CSX said it will make improvements on its River Line between northern New Jersey and the Albany, N.Y. region. The railroad said the $26 million project, with plans […]
CMA CGM said it would implement a peak season surcharge, effective Jan. 28, in advance of Chinese New Year on Feb. 10. The company said volumes from China […]
Adoption of index-linked contracts for container freight is growing, says Martin Dixon, research manager for freight rate benchmarking at London-based Drewry Supply Chain Advisors. He believes “it is […]
The classification society Germanischer Lloyd said it is developing guidelines for route-specific container stowage, which will be introduced early this year. “In times when the market is especially […]
Transportation is key ingredient for Fornazor International, an exporter of food products. Close attention to transportation and logistics has been one of the keys to the success of Fornazor International’s […]
Part 1 of 2: Midsized shippers could drive growth of import consolidation strategy in SoCal. By Eric Kulisch More freight imported through the Los Angeles basin is being transloaded into 53-foot […]
Will social media tools and EMS transform transportation and logistics communications? By Eric Johnson Facebook, Twitter, and LinkedIn are all household names at this point, public vehicles of informed […]
Hapag-Lloyd said it would postpone to March 1 a general rate increase on exports of dry commodities from North America to East Asia, Indian Subcontinent and the Middle East. […]
Nordana has reportedly signed contracts for four heavylift ships with Sanfu Shipyard in China. The Website Maritime Denmark reports the 12,100-deadweight-ton multipurpose ships will have heavylift capacity for […]
The U.S. International Trade Commission on Friday determined that domestic wind turbine tower manufacturers are “materially injured” by similar imports from China and Vietnam. The Commerce Department previously […]
The penalty grows out of alleged discharges of contaminated bilge waters and failure to keep an accurate oil record book on its ship Southern Lily 2 when it was operating within […]
China Shipping Container Lines said it expects to record a net profit attributable to shareholders of the listed company of about 520 million Chinese yuan renminbi ($83.5 million) for […]
Magnolia LNG is planning to spend $2.2 billion to build a natural gas liquefaction production and export facility at the Port of Lake Charles in Southwest Louisiana. Construction […]
APM Terminals said its operation in Callao, Peru, will use radio frequency identification (RFID) technology to improve safety. Operators of heavy equipment, such as reach stackers and forklifts, will […]
The Port of Antwerp handled 184.1 million tons of cargo in 2012, a drop of 1.6 percent compared to 2011, when the volume was 187.2 million tons. Container […]
The U.S. Export-Import Bank has authorized an $87.1 million guarantee of a loan extended by Crédit Agricole and other European lenders to Hispasat Canarias S.L.U., a Hispasat S.A. subsidiary […]
In its latest Beige Book summing up current economic conditions in 12 key regions throughout the United States, the Federal Reserve outlined mixed transportation results in the closing months […]
Florida East Coast Railway CEO Jim Hertwig said the terminal will allow his railroad “to efficiently and effectively deliver superior transportation service between South Florida and the southeastern United States.”
Ocean Giant The U.S. Military Sealift Command-chartered containership Ocean Giant departed Port Hueneme, Calif., on Jan. 17 loaded with nearly 7 million pounds of supplies such as frozen and […]
The U.S. International Trade Commission unanimously determined that imports of steel wire garment hangers from Vietnam are subsidized and sold in the United States at less than fair value. […]
Naviera Master Line said the fortnightly service, starting March 8, will carry container and breakbulk cargoes between Port Manatee, Fla., and destinations in Colombia, Panama, Venezuela and Trinidad.
Three days of bargaining on a new contract by the union and its employers wound up on Thursday, with the U.S. Federal Mediation and Conciliation Service Director George H. Cohen […]
After two and a half months on a 10-week rotation, ocean carrier Maersk Line, along with vessel partner CMA CGM, has slowed its weekly FEW3 service between Asia and […]
Insurer TT Club is highlighting the dangers to dockworkers from accidents involving heavy equipment in a recent publication. For example, it said lift trucks were involved in 30 […]
The U.S. Export-Import Bank authorized a $155.4 million direct loan to Ghana to finance the design and construction of a hospital expansion in Accra. Miami-based Americaribe will export […]
“The current supply and demand balance will continue and we will not be reinstating the Loop 3 Asia-Europe service,” the alliance carriers said. Loop 3 was suspended in October as […]
U.S. Federal Mediation and Conciliation Service Director George H. Cohen said in a statement today that the U.S. Maritime Alliance and the International Longshoremen’s Association “made progress” during the […]
Cargo volumes in Southern California’s two major container ports were little changed in 2012 over 2011, but Long Beach benefited as a service used by the world’s three largest […]
Drewry said its Hong Kong-to-Los Angeles container rate benchmark, published in the latest Container Freight Rate Insight report, jumped 14 percent to $2,524 per 40-foot container this week. The […]
Piracy on the world’s seas has reached a five-year low, with 297 ships attacked in 2012, compared with 439 in 2011, the International Chamber of Commerce’s International Maritime Bureau […]
CMA CGM said in anticipation of reduced production during the Lunar New Year period in China, starting Feb. 10, it plans to cancel six sailings in the Far East-to-North Europe trade. […]
Shipments of iron ore on the Great Lakes totaled 61.6 million tons in 2012, a slight improvement over 2011. The Lake Carriers’ Association (LCA) said the increase, 245,000 […]
Francisco Sanchez, undersecretary of international trade at the U.S. Commerce Department, said exports were up 34 percent from $1.5 trillion to $2.1 trillion in 2011.
Philip H. Greene Jr. will become president of TOTE Services, when Jorge Aguirre, a 33-veteran at the company, retires at the end of this month. Aguirre spent 16 years at […]
Shippers are watching the talks nervously after ILA negotiators walked out of a negotiating session to discuss work practices in the Port of New York and New Jersey with the […]
“I’ve been here for 34 years and it is time,” Joseph Dorto said. “You always hear, ‘leave on a high note’ and we just completed the second best year in […]
Non-vessel-operating common carrier CaroTrans has started a direct, weekly less-than-containerload export service from San Francisco to Japan. The service offers overall transits from San Francisco to Tokyo of […]
Seaspan Corp. said Wednesday it signed contracts for the construction of five 14,000-TEU class containerships at Hyundai Heavy Industries. The vessels are scheduled for delivery in 2015 and […]
A day after news broke that the UPS and TNT Express merger was dead in the water, DHL announced it had secured a contract with Panasonic for warehousing and […]
The port is scheduled to start work this Wednesday on a new intermodal rail yard attached to its Berth 200. The new $137 million yard, in Wilmington, is designed to improve […]
The North American Millers’ Association (NAMA), a trade group representing the country’s largest flour shippers, said its vice chairman Jim Meyer has become chairman. The announcement was made as the […]
Canadian Pacific railroad on Monday opened a new intermodal facility at Saskatchewan’s Global Transportation Hub (GTH) in Regina. The 300-acre intermodal yard is adjacent to CP’s mainline between […]
Optical character recognition (OCR) is becoming more widely used in ports around the world to automate operations, according to a report released by the Port Equipment Manufacturers Association (PEMA). […]
Tonnage moving on the St. Lawrence Seaway in the 2012 navigation season totaled 38.9 million tonnes, 4 percent more than the prior year. Canada’s St. Lawrence Seaway Management […]
Vigor Industrial has entered an agreement with Daoda Marine Heavy Industry Co. (DDHI) to buy a new floating drydock for $40 million. At 960 feet long, with an […]
Florida Gov. Rick Scott announced on Monday a commitment of $38 million in state and local funding to improve navigation on the St. John’s River at the Port of […]
A wind turbine erected last year on the grounds of the Port of Milwaukee’s administration building produces significantly more electric power than the facility uses and the surplus is […]
Retailers are expected to ship heavier cargo quantities through the nation’s ports in January to beat a strike by longshoremen at East and Gulf coast ports on Feb. 6, if […]
At the conclusion of meetings last week in Lima, the United States and Peru agreed on a five-point action plan to support Peru’s forestry sector reform and further the […]
The Virginia Port Authority said its terminals handled 2.1 million TEUs of containerized cargo in 2012, 9.8 percent more than in 2011. The TEU count was just 22,479 units shy […]
FAPS, Inc., the leading terminal for import and export of automobiles in the Port of New York and New Jersey, said on Friday it had completed a recapitalization with investment […]
The Georgia Ports Authority said Giumarra International Berry has begun moving fresh blueberries from Chile through the Port of Savannah to better serve Atlanta and other Southeastern markets. […]
Hapag-Lloyd said it will launch a new service between Germany and Poland. The Poland Express Service (PEX) provides a second dedicated and direct service for cargo to and from […]
PSA International handled 60.06 million TEUs at its terminals in 2012, 5.2 percent more than in 2011. Volumes were up 6.4 percent to 31.26 million TEUs at the […]
The Italy-based classification society RINA Group has been chosen as the International Association of Classification Societies (IACS) partner to support the development of Tasneef, a new classification society for […]
Sources have confirmed to American Shipper reports that the so-called “G6 Alliance” of liner carriers will extend its cooperation beyond the Asia-to-Europe trades to the Asia-to-East Coast of the United […]
Port Logistics Group has acquired the Washington-based warehousing and transportation provider Pacific Distribution, adding more than 600,000 square feet of warehouse space to its 4 million-square-foot portfolio. The new […]
CBP last month published notice of its intent to increase by $500 the limit for which merchandise may qualify for an informal entry, thereby eliminating the need for a surety bond, […]
The Port of New Orleans and other Louisiana ports are operating business as usual, having avoided the problems related to shallow water levels in the upper Mississippi. “We […]
The United States has asked the World Trade Organization for consultations with Indonesia under the dispute settlement provisions concerning restrictive trade measures applied to imports of horticultural products, animals, […]
The U.S. Export-Import Bank has authorized a $15.7 million direct loan to the state government of Lagos, Nigeria, to underwrite the purchase of 32 American fire trucks made by […]
