Pasha has said the ship is expected to enter service later this year, carrying containers and ro/ro cargo between Southern California and Hawaii, where today it operates the ro/ro ship Jean Anne.
To date, the service has hauled 7,259 containers on 116 voyages, which has removed an estimated 24,629 truck trips from I-580 and helped reduce diesel emissions by 80 percent.
The National Customs Brokers & Forwarders Association of America has taken issue to a recently proposed regulation by the Federal Motor Carrier Safety Administration that would broaden the definition of transportation intermediary. Under the new regulation, the NCBFAA said, intermediaries could now be defined as everything from customs brokers to NVOCCs, which would […]
Russia’s import ban in response to sanctions from the U.S. and Europe over the war in Ukraine will hurt companies that ship a variety of agriculture products, according to officials. In calendar year 2013, the United States shipped $1.3 billion of agricultural and related food products (including fish and forestry products), and of […]
Hapag-Lloyd has announced several rate increases. Effective August 18, it will increase rates for all cargo and container type moving from the Far East to Mediterranean or North Europe by $650 per TEU. Effective September 1, it will implement a General Rate Increase for dry, reefer, flat rack and open-top containers from East Asia […]
American Shipper and BPE Global have been benchmarking import supply chains for six years – no one has a better handle on the innate complexities facing import transportation and compliance teams. This year’s study captures the extent to which advances in sophistication and technology deployment are being offset by increased external complexity. Importer seem to […]
Khazanah Nasional Berhad, the investment arm of the Malaysian Government and the majority stakeholder in Malaysia Airlines, has issued a proposal to buy all of Malaysia Airlines’ outstanding shares and remove the carrier from public trading. In a statement, the organization said de-listing the carrier is the first step toward restructuring Malaysia Airlines. […]
Moody’s put MOL’s Baa3 rating — the lowest of its investment grade ratings — under review on Monday after MOL reported earnings of 8.5 billion yen ($84 million) for the period ending June 30, compared to 12.9 billion yen the previous year.
One factor that can help get a vessel back to sea — where it makes money — is how fast ship-to-shore cranes can discharge and load boxes. Terminals in Bayonne, N.J., and California are striving to improve crane capacity.
CSAV said the Department of Justice and the Federal Trade Commission have approved plans to merge CSAV’s container business with Hapag-Lloyd. “This is part of the consultation process to regulatory authorities that the two companies are carrying out,” the Chilean shipping company said. CSAV and Hapag-Lloyd signed in April a binding agreement, […]
“Exports to most other trading partners are down for the year, though two notable — and, perhaps, surprising — exceptions are Venezuela and Russia,” said the American Institute for International Steel.
China’s export restraints, the U.S. government had warned, “artificially increase world prices for these raw material inputs while artificially lowering prices for Chinese producers.”
A bumper crop of Canadian grain has led to a 70-percent increase in maritime shipments via the St. Lawrence Seaway over last year’s season, according to the Chamber of Marine Commerce. The St. Lawrence Seaway Management Corp. reported that while combined Canada-U.S. grain shipments are up 55 percent, Canadian grain shipments alone from […]
Russia has imposed a ban on imports of fruits and vegetables, beef, pork, poultry, fish and dairy products from the United States, the European Union, Canada, Australia and Norway — countries that have recently imposed sanctions on Russia — for 1 year. U.S. exports to Russia totaled $819.7 million in June, topping $5.9 […]
The company issued a statement on Sunday, the tunnel’s first day open to traffic, saying that the first dozen containers to move on trucks on the dedicated roadway were from Seaboard.
The U.S. Commerce Department on Wednesday reported that the country’s exports of goods and services reached a record $195.9 billion, eclipsing the previous month’s amount by more than $300 million. U.S. exports of goods and services over the last 12 months totaled $2.3 trillion, which is 46-percent above the level of exports in […]
APL attributed a 3-percent increase in costs of sales per FEU “largely to a nation-wide trucking shortage in the U.S., port congestion issues in Southern California, as well as empty equipment repositioning costs.”
Shipments of limestone on the Great Lakes totaled 4,090,079 tons in July, the highest total for the trade since July 2012, according to the Lake Carriers’ Association, which represents 17 American companies that operate 57 U.S.-flag vessels on the Great Lakes. Loadings for July totaled 4,083,753 tons. Loadings out of U.S. […]
“We are making good on our promise to help residents in states affected by natural disasters and other emergencies,” said Transportation Secretary Anthony Foxx in a statement.
The U.S. and Kenyan governments on Wednesday signed a Customs Mutual Assistance Agreement to collaborate on security and trade facilitation. “This agreement will expand our efforts to combat illicit cross-border activities and will enable us to continue our work to prevent, detect and investigate customs offenses,” said U.S. Customs and Border Protection’s Acting […]
