FMCS said in a statement issued Monday morning that bargaining that began last Wednesday continued during the weekend with assistance from FMCS Acting Director Scot Beckenbaugh.
The tunnel is expected to shave 25 minutes from a port shuttle truck’s round trip to the port, making it possible for drivers to add at least one more revenue-bearing trip to their 11-hour driving day.
London-based consulting firm Drewry said this contrasts with the preceding five years (2004-08), when operators’ fleet growth outpaced that of the lessors.
When the plant opened in 2011, Boeing said it was diversifying its supply chain, but the machinists’ union charged the company with trying to intimidate it by moving production to a right-to-work state.
The TFA was part of a package of agreements approved at the WTO’s meeting seven months ago in Bali, Indonesia. The agreement, focused on trade facilitation, was expected to reduce trade costs, especially for developing countries.
The European Commission has selected 106 transportation projects across Europe to receive more than 320 million euros as part of the trans-European transport network (TEN-T) Programme Calls. Under the 2013 Multi-Annual Programme Call 52 projects received 230 million euros in funding. Of those projects, 10 are part of the European Rail Traffic Management […]
Longtime Target transportation executive Rick Gabrielson told American Shipper Thursday that he is taking a vice president role in transportation with the home improvement retailer Lowe’s.
The company’s ocean transportation business had revenue of $321.1 million in the second quarter of 2014, a 3.6-percent increase, year-over-year, but it had a 4.4-percent decrease in operating income over the same period.
OOCL officially opened its new management and strategic center in Salt Lake City this week; staff from its U.S. headquarters in San Ramon, Calif., as well as offices in Chicago, Memphis and New York have started to move in. Last year, the Utah Governor’s Office of Economic Development said that OOCL was expected […]
“For a company that almost failed several times in recent years, we view the Q2’14 performance as a step in the right direction,” Thom Albrecht of BB&T Capital Markets said. “The stage is set for a return to profitability during 2H’14.”
During the second quarter, IAG Cargo’s revenue fell, year-over-year, from 271 million euros ($363.98 million) to 238 million euros. IAG experienced a 5.1-percent decrease in cargo volumes, year-over-year, on a 5.6-percent decline in capacity. Cargo yield dropped by 7.4 percent. Officials noted that these declines were due to a “significantly reduced freighter program” […]
The U.S. Congress ended a legislative game of ping-pong over highway and transit funding when the Senate late Thursday cleared a short-term extension of the current surface transportation act. The vote forestalls what was shaping up to be a crisis for states that depend on federal money to help pay for maintenance and […]
Garamendi Congressman John Garamendi, D-Calif., ranking member of the House Transportation and Infrastructure’s Coast Guard and Maritime Transportation Subcommittee, has introduced legislation that would authorize the Secretary of the Department of Transportation to develop and implement a program to promote the export of liquefied natural gas on U.S.-flag vessels. The bill would also […]
Capacity in the spot truck market rose 4.7 percent during the third week of July, as reefer, van and flatbed rates dropped, according to DAT. From the second to third week of July, reefer rates dropped by 1.7 percent, van rates declined by 1.4 percent, and flatbed rates fell by 1.2 percent. This […]
Japan’s three largest shipping companies — NYK, MOL, and “K” Line — reported mixed results for the fiscal first quarter, which ended June 30 for each of the companies.
Deutsche Bank recently put Maher on the sales block. Maher operates the largest terminal in the Port of New York and New Jersey, as well as the Prince Rupert intermodal container terminal on the West Coast of Canada.
“The Chong Chon Gang episode, in which the [North Korean government] tried to hide an arms shipment under tons of sugar, is a perfect example of North Korea’s deceptive activity,” according to a Treasury official.
Hunter said Gulftainer is owned by Crescent Enterprises, based in the United Arab Emirates, and that the deal with Port Canaveral “marks the first time a Middle Eastern company will fully operate a U.S. cargo terminal.”
The two companies will introduce and utilize Ports America’s expertise, technology and safety programs at ITS gate, yard and vessel operations, and seek to expand its container terminal business.
The Port of Redwood City in Northern California reported a 19-percent increase in cargo volumes for fiscal year 2013-2014, ended June 30. The port authority said the increase reflects “a significant increase in construction in the Bay Area and the high quality of building materials from British Columbia.” The 12-month figure was […]
