Port Commission Chairman Janiece Longoria said an Army Corps of Engineers report found the minimum net benefits of the improved Bayport and Barbours Cut channels to the U.S. economy will be $35 million a year.
The Port of Savannah handled a record 3.14 million TEU in the fiscal year ending June 30, up by 6.3 percent, or 186,567 TEU, compared to the previous year. Exports accounted for just over half of containerized tonnage. The Georgia Ports Authority said all of its facilities, including the Port of Brunswick, moved […]
The deal is subject to due diligence, execution of a sale and purchase agreement and approval by the competent authorities, and is scheduled to be executed by Dec. 31, at the latest.
“Faced with the slower-than-expected recovery of cargo demand, we will further decrease our full-freighter exposure but will remain a key player in the cargo business,” Alexandre de Juniac, chair of Air France-KLM’s board of directors, said.
Sixteen port authorities, airports and other local entities in seven states have been selected to participate in a program under which they can reimburse U.S. Customs and Border Protection for extra services to maintain the fluidity of cargo and passengers passing through their facilities, the agency announced this week. Establishing partnerships with local […]
“Echo’s growth model delivered outstanding results, as we completed another record quarter of revenue and profitability, driven by strong organic growth and the impact of our recently completed acquisitions,” Echo’s CEO said.
The Federal Motor Carrier Safety Administration has linked up with the U.S. Department of Labor’s Occupational Safety and Health Administration to protect drivers who report safety or other concerns from employer retaliation. According to a press release, the memorandum of understanding signed by the two agencies “allows for the exchange of safety, coercion […]
The Hong Kong-based liner company said it moved 1,453,193 TEU in the period ending June 30, 11.2-percent more than in the same 2013 period, while revenues were $1.5 billion, up 6.8 percent.
Quintiq Co-Founder and Chief Executive Officer Victor Allis described his company as a “puzzle-solving” solutions provider, in a conversation with American Shipper in May.
The Port of Oakland handled 205,692 TEU in June 2014, 4.6-percent more than in June 2013. Full export containers were 84,032, up 1.7 percent; full import containers were 73,853, up 5.8 percent; empty import containers were 19,776 TEU, up 13.2 percent; and empty export containers were 28,031 TEU, up 5.1 percent. In the […]
Qatar has become the majority owner of the United Arab Shipping Company (UASC), one of the most expansion-minded container shipping companies in the world. A U.S. Federal Maritime Commission notice in Thursday’s Federal Register reported that Qatar has recently attained a 51.27-percent ownership stake in UASC. The company was established in 1976 by […]
Degnan was nominated by New Jersey Gov. Chris Christie and confirmed by the New Jersey State Senate on July 10. Christie has been slammed for the role members of his administration had in the so-called “Bridgegate” scandal.
The International Longshore and Warehouse Union and employers represented by the Pacific Maritime Association resumed contact talks on Wednesday, following a break in which union negotiators attended a Longshore Division Caucus in San Francisco on Monday and Tuesday. Unless an agreement is announced today or tomorrow, negotiations will resume in August. A one […]
Members of the Owner-Operator Independent Drivers Association allege the Federal Motor Carrier Safety Administration is sharing pre-employment screening results illegally by giving employers driver safety data. The drivers filed a class-action lawsuit Wednesday alleging that the data the FMCSA shares goes “far beyond its statutory authority,” according to an OOIDA press release. The […]
In Vancouver, Canada, the carrier said that “an increase in volumes diverted away from U.S. West Coast, coupled with limited allocation in rail cars to U.S. corridors, has resulted in significant congestion and increased dwell times.”
The project will improve access to the terminal gate complex and enhance the movement of new vehicles between BMW’s processing facility and the vessel-berthing area. The road improvements are being funded by cargo facility charges.
An array of sensors that provide ships and other users in the Port of Jacksonville with real-time tidal and weather information was dedicated Wednesday. The Physical Oceanographic Real-Time System (PORTS) is designed to save money, improve safety and enhance research regarding conditions in the St. Johns River. The $2.8 million PORTS system […]
Costamare, an Athens-based company that owns and charters containerships to liner companies, said it had net income in the second quarter ending June 30 of $27.4 million, compared to $30.6 million during the same period in 2013. Voyage revenue in the quarter was $123.5 million, compared with $100 million in the second quarter of […]
The Piracy Reporting Center of the International Chamber of Commerce’s International Maritime Bureau is raising the alarm about an increase in small tanker hijackings. While the overall number of incidents of piracy and armed robbery against ships reported to the piracy center was down in the first six months of 2014 — 116 […]
Roadrunner Transportation Systems of Cudahy, Wisc., said it has acquired Integrated Services, Inc., of Kokomo, Indiana, a regional logistics provider primarily focused the automotive industry, for $13 million. In 2013, Integrated Services generated revenues of approximately $21 million.
