This is the first regular freighter service to San Juan International Airport. Panalpina also plans to expand “by setting up similar first-time freighter services around the world” with the help of Cargolux.
The index, which measures the amount of freight carried by the industry, fell by 0.9 percent in June after four months of increases; even then, the June result in just below the single highest month on record.
The first site, in North Dakota, was operational two and a half months before deadline, but the slow rollout of UAS research in general has been a point of criticism.
Evergreen Marine Corp. had a profit of 412 million New Taiwan dollars ($13.7 million) in the second quarter of 2014, compared with a loss of 569 million NTD in the same period last year. According to a company filing with the Taiwan Stock Exchange, revenue in the quarter was about 35.2 billion NTD, […]
Louis Berger has signed a five-year, 7 million euro ($9.3 million) contract to manage the construction of the first segment of the Yaoundé-Douala highway in Cameroon, the company said. The road segment will connect the capital in Yaoundé with the country’s economic center and deep water port in Douala. The current road between the cities is […]
Reefer container volumes are forecast by Drewry to rise by 20.5 million tons by 2018 — 16.5 million tons by organic growth and 4 million tons at the expense of the shrinking specialized reefer industry.
While Canadian Pacific has made improvements in its grain-shipment services, there remains concern that the carrier won’t be able to clear up its backlog, according to the U.S. Department of Agriculture. In a letter to the Surface Transportation Board last week, the USDA also said it was worried about a “lack of transparency” […]
The company moved about 2.9 million TEU of container cargo in the first half of 2014 — 5.8-percent more than in the first six months of 2013 — but said “the market environment remains difficult.”
Hatch Mott MacDonald said it will lead the design for the Eastport Development of Port Tampa Bay in Florida. The engineering company said the facility will initially handle aggregates for concrete and steel products, but can also receive roll-on/roll-off vessels and other products that will require large lay down or storage area. […]
Livingston, which employs about 3,200 staff at more than 125 ports of entry around the world, said FPA’s co-owners Stan Wawrzonek and Norman Marchetti will stay with Livingston to help with the transition and future activities.
“We are going to see a lot of new people who will receive huge salaries, allowances and bonuses, and not much else,” he wrote on his blog. “That, I believe, is how Khazanah operates.”
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 […]
