Two logistics executives set to launch a weekly rate index for air transport. Since its inception, the Shanghai Containerized Freight Index has given ocean freight shippers an accurate portrayal of spot export container rates out of Shanghai on a variety of lanes. Populated by liner companies and freight forwarders, the data generated by […]
Last year might be one both shippers and transportation companies moving cargo through the Port of New York and New Jersey would like to forget. Congestion got so bad in the summer of 2013 that one carrier, Hapag-Lloyd, actually suggested customers reroute cargo to other ports. The winter was also difficult, with snow and […]
Looming capacity shortage, regulatory demands and driver shortage triggers. After high spot rates during the first few months of the year, prices for van, refrigerated and flatbed transport came down to earth during the summer, but a looming capacity shortage fueled by pending regulatory changes, a driver shortage, and increased demand could push the […]
U.S. dairy export growth is something for these shippers to smile about. Dairy exports have increased rapidly in the past two decades, growing from $982 million in 1995 to $6.7 billion last year, according to the U.S. Dairy Export Council (USDEC). “As population grows, as GDP grows, as the middle class expands worldwide, […]
The First Sale rule has never been popular with U.S. Customs and Border Protection and is under assault again. In July, the agency proposed amendments to its internal compliance publication, which guides enforcement personnel on how to do their jobs, essentially forcing importers to keep extra documentation to verify their claim of first […]
Liner carriers are under enormous pressure to confront overcapacity and cleaner fuel requirements. While there are some signs that the economy is improving in the United States and Europe, the container industry seems likely to continue facing challenges in coming years because of surplus capacity and looming requirements to use cleaner fuel. Hong […]
A new company, Minyan Marine, believes it has a winning formula for building a successful “marine highway” operation. While coastal shipping of containers or truck trailers are common in many parts of the world, they have had limited success in the United States. In August, the Port of Stockton said a weekly […]
APM Terminals, the world’s third-largest container terminal operator in terms of throughput, announced July 21 that it has agreed to sell its ultra-modern facility in Portsmouth, Va., to two investment funds. Alinda Capital Partners is a U.S.-based infrastructure investment firm, and Universities Superannuation Scheme Ltd., which has a global infrastructure portfolio, is the […]
The Ontario Teachers’ Pension Fund, which owns marine terminal operations at ports in New York and Vancouver, Canada, is actively seeking to grow its portfolio of infrastructure assets. But a scarcity of available assets, especially in the United States, makes it difficult to acquire long-term rights to operate facilities such as ports and toll […]
McKinsey says governments can generate $1.4 trillion benefit through more efficient project delivery. Experts at management consulting firm McKinsey & Co. say there are smart ways for governments, in the United States and around the world, to stretch their transportation dollars and better leverage private investments to close the gap in infrastructure supply. […]
Port investment brightens, but outlook remains cloudy for toll roads, airports and other public assets. Businesses, economists, and policy experts say there is a crying need for government to invest in infrastructure because it is a foundation for economic growth and makes U.S. exporters more competitive in global markets. Meanwhile, federal, state and local […]
This decision involves a shipment of clothing moving from China to Mexico that “went missing” along the way. (U.S. v. C.H. Robinson. Federal Circuit Court of Appeals. No. 13-1168. July 28.) A Mexican company, Intercambio Comercial Ekim, imported the wearing apparel from China via the Port of Los Angeles. C.H. Robinson (CHR), […]
I’ve become a little fixated lately on the rate management market, and probably for good reason. Technological sophistication in rate management is emblematic of a true change in how the costs of transportation are secured, stored, and used. Think back to the old model of “getting a rate.” It would involve calling […]
K. Denise Rucker Krepp, former chief counsel for the U.S. Maritime Administration, has called for MarAd to stop the outsourcing of ship recycling jobs and for Congress to enact legislation regarding ship recycling, if needed. In an open letter published in The Advocate, she said ship recycling is part of MarAd’s mission to […]
The harbor currently is 42 feet deep, and the entrance channel is 45 feet deep. The port must pay for dredging the berths to the proposed depth; it is funding $5.5 million of pre-construction work now at its own risk.
The company said its terminal in Odessa was being affected by the crisis in the Ukraine, with container throughput falling “considerably short of the previous year’s figures.”
Revenues were 34.3 billion NTD in the second quarter this year, compared with 29.9 NTD last year. Yang Ming also announced it has upgraded its southeast Asia service and India service to meet market demand.
Aluminerie Alouette expects to ship close to 500,000 metric tons of aluminum to U.S. ports including Oswego; Toledo, Ohio; and Detroit on barges owned by McKeil Marine over the next three years.
Protesters are targeting Zim Line in a demonstration planned at the Port of Oakland Saturday. Several groups in the San Francisco Bay area had said they were going to attempt to prevent Zim ships from docking and discharging cargo at the Port of Oakland earlier this month, then postponed the event until tomorrow.
The Canadian government’s agricultural performance mandate required of Canadian Pacific and Canadian National is hurting the United States grain market, according to Representative Kevin Cramer, R-N.D. In a letter to Gary Doer, Canada’s ambassador to the U.S., the requirement, which demanded that the railroads carry 500,000 metric tons of grain per week or […]
