U.S.-flag Great Lakes carriers moved about 11.36 million tons of cargo in July, their highest monthly total in two years, according to the Lake Carriers’ Association, which represents 17 companies operating 57 U.S.-flag vessels. The industry’s July total also represented increases of 8.6 percent compared to June, and 10.2 percent compared to […]
The Port of Savannah handed 293,889 TEU in July, a 19.2-percent increase over the previous year, and an all-time high. “Improved confidence among U.S. retailers, newly added port customers, and shifting cargo from U.S. West to East Coast are all fueling the growing cargo volumes at Georgia’s deepwater ports,” said GPA Executive Director […]
The shipping publication Lloyd’s List is reporting that Samsung will build a minimum of three 19,200-TEU ships for Scorpio Group, which will bareboat charter the ships to Mediterranean Shipping Co. If the report is true, these would appear to be the largest containerships ever constructed. Lloyd’s List attributed its information to “industry sources […]
Emirates has begun daily non-stop flights between Dubai and Chicago using Boeing 777-200 ELR planes, boosting its cargo capacity into the market. Emirates now boasts 120 tons of belly capacity to Chicago each week. Emirates commenced twice-weekly freighter service to Chicago in March 2013. Duncan Watson, Emirates’ vice president, cargo commercial […]
Federal Mediation and Conciliation Services said it would neither comment on nor disclose the terms of the agreement on a contract with grain elevator operators.
“Steve has been integral in many of my successes. His combination of political, policy and communications know-how has been a tremendous asset,” said Bill Shuster, head of the House Transportation and Infrastructure Committee.
C.C. Tung, chairman of OOIL, said that “there are underlying developments that support a degree of cautious optimism” about the outlook for the shipping industry.
“Due to continued losses and low levels of liquidity, we’ve been extremely conservative with our capital, spending only what is deemed essential to maintain existing infrastructure,” Joseph Corbett, USPS’ chief financial officer, stated.
APM Terminals Izmir in Turkey has recently ordered three ship-to-shore quay cranes capable of handling containerships larger than 10,000 TEU from ZPMC in China. In addition, the terminal operator has 10 rubber-tire gantry cranes on order with the Shanghai-based equipment maker. They will be delivered in the summer of 2015 as part of […]
The Federal Aviation Administration recently issued civil penalties to three companies, including logistics service provider Kuehne + Nagel, for improperly shipping hazardous material.
Third party logistics services provider Agility has entered a partnership with Shanghai International Port Group Logistics (SIPGL) to expand its East China ocean freight services. The agreement covers both less-than-containerloads and full-containers, as well as break-bulk cargo. SIPGL will provide depot management, vessel planning and loading, trucking, door-to-port and port-to-door, container freight station […]
Trade advocates say there still is a window of opportunity to implement the agreement on trade facilitation reached by ministers at a World Trade Organization meeting in Bali, Indonesia, last December. India is receiving the largest amount of blame for the failure to reach a final agreement on an implementation framework by July […]
Hapag-Lloyd officials have said the carrier will scrap older ships at “green recycling yards.” The company confirmed reports by Deutsche Presse-Agentur and broadcaster Deutsche Welle that it will no longer sell older ships on global markets, where they may be brought to shipbreaking beaches in countries such as India, Bangladesh and Pakistan. […]
The web-based global trade management solutions provider QuestaWeb said this week that its suite of TradeMaster applications is now compatible with the latest version of the HTML5 standard, including cross-browser compatibility with Internet Explorer 8-11, Google Chrome, Mozilla Firefox and Apple Safari. The upgrade means users of the applications can “expect the same […]
The third party logistics services provider SEKO Logistics has begun using the cloud-based global rate management solution provider CargoSphere’s confidential Rate Mesh product for ocean and air freight, the company said Tuesday. More than 100 SEKO personnel in Asia, U.S., Europe and Latin America are using CargoSphere’s system for rate searches, quoting, self-publishing […]
The Pipeline and Hazardous Materials Safety Administration has published a proposed rulemaking in the Federal Register that provides an exemption to hazardous material regulations for reverse-logistics shipments by road. According to the notice, the new rule would give reverse-logistics shipments “opportunities for reduced compliance costs among hazmat shippers and carriers, without any decrease […]
“DP World Vancouver is still experiencing an extremely high discharge volume of U.S. cargoes. This, combined with a Canadian cargo increase and rail car supply that does not meet the discharging volumes” led to the restrictions.
The temporary funding law is paid for by raising customs fees, taking money from another trust fund, and adjusting pension rules so companies pay more in taxes now than in the future.
With work still not complete on the $6 billion-plus third set of locks for the Panama Canal, the agency that manages the critical commercial waterway has already begun to plan the next expansion.
Airports around the world reported an average cargo-activity increase of 2.2-percent in June, according to Airports Council International. ACI said the increase, which continues a trend seen during the last three quarters, is due to a ramp up of domestic demand in many countries and an overall recovery in world trade. In the […]
