Member container shipping lines in the Transpacific Stabilization Agreement (TSA) are proposing an across-the board general rate increase of at least $600 per 40-foot container to all destinations, effective Sept. 1. Carriers had filed increases in their individual tariffs in late July and then directly began notifying customers. TSA said this week […]
Much of the support for free trade agreements — such as the multilateral Trans-Pacific Partnership and U.S.-European Union trade pact currently being negotiated — comes from states that export a lot to the U.S.’ neighbors.
Representatives from CP and BNSF have been directed to attend, and the Surface Transportation Board has invited shippers and other carriers to deliver testimony, provided they file their intentions with the board by Aug. 25.
The group found that 18 factors, including improperly applied hand brakes, played a role in the accident. It also reported that the railroad had a “weak” culture of safety and did not conduct enough reviews of its safety systems.
NOL said it “continually evaluates all available options to improve the strategic positioning and performance of its businesses. These include considerations of a potential sale or initial public offering.”
Airbus is one of seven companies investing in VALERI, a European-Union-funded project to bring stationary robots into airplane production, working side-by-side with humans. According to the European Commission, which has invested 3.7 million euro ($4.94 million) in the project, Airbus will begin testing robots in a factory setting by 2015. Use of robots […]
UPS will open new operating centers in Comox, Kamloops and Nanaimo, British Columbia, representing a multi-million dollar investment in its Canadian network. The operating centers, which total 36,000 square feet, will bring a total of 80 jobs to the Canadian cities. “Expanding our service in BC and across Canada is fueled […]
YRC Freight has upgraded terminals in Memphis, Houston and Seattle to full distribution center status. The move will increase network capacity, according to a YRC press release. “Bringing these Distribution Centers online will give us added capabilities to meet the continued confidence our customers are showing in YRC Freight,” said Darren Hawkins, […]
Despite attempts by the U.S. government to streamline export regulation and stoke growth of exported goods, it remains a tricky and evolving process. This year’s report takes a deeper look at how exporters are managing their export documentation in the wake of the latest AES deadlines last year. This report, co-produced with BPE Global and […]
An attempt by anti-Israeli protesters trying to block a Zim Line ship from discharging and loading cargo in the Port of Oakland has turned into a high stakes game of hide and seek. Tuesday afternoon, after two days of trying to discharge cargo at the Oakland International Container Terminal, the Zim Piraeus sailed […]
A ZIM vessel, as well as well as several others, awaits container handling in the Port of Oakland. The Oakland International Container Terminal’s manager hopes to resume movement of this cargo before day’s end.
A.P. Moller-Maersk Chief Executive Officer Nils Andersen said that during the second quarter, “we saw a relatively stable rate environment,” but that rates are low, and at some time, customers will have to accept rate increases.
At Ryder, Williford, head of Global Supply Chain Solutions, is credited for the successful acquisition of Transpacific Container Terminal Ltd. and CRSA Logistics in Canada, as well as CRSA’s operations in Hong Kong and Shanghai.
CEVA Logistics has expanded its operations at Los Angeles International Airport, adding a 369,000-square-foot facility. The new building features 50,000 square feet of office space and 170 dock doors in the warehouse. “Our expansion in the Los Angeles market shows our strong momentum here — both with existing customers who are increasing […]
UPS has commenced air and ocean services in Myanmar, trying to capture an up-and-coming market that, according to the International Monetary Fund, could show 8.5-percent growth during the next fiscal year. The integrator will offer direct and consolidated air services, along with full containerload and less-than-containerload offerings. This is the first time UPS […]
The company said the next-day, cross-border service to the Toronto metro area is provided at no additional cost to customers with shipments traveling from Ohio, Indiana and Michigan.
Inbound containers were 363,394 TEU, down about 2 percent from July 2013; outbound containers were 163,295 TEU, up 4 percent; and empties were 190,719 TEU, up 2 percent.
Asia-Pacific Economic Cooperation economies are moving forward with efforts to accelerate trade and economic growth through the elimination of costly delays to cross-border trade in the wake of the World Trade Organization’s failure to implement the Agreement on Trade Facilitation reached in Bali, Indonesia, last December. Two thirds of the WTO members are […]
Industry stakeholders, regulators and the general public are encouraged to take part in the forum, which will be held on Sept. 15 from 9:30 a.m. to 4 p.m. at the Port of Los Angeles Administration Building.
U.S. Trade Representative Michael Froman earlier this month made the rounds of key exporting states to highlight the importance of exports to small businesses and the regional economy. The trip coincided with a “Made in Rural America” regional forum dedicated to promoting rural exports, which was held at Cornell College in Mt. Vernon, Iowa. […]
