The cyber security firm TrapX on Thursday said it had discovered a form of malware implanted by an unidentified Chinese manufacturers in terminal scanners designed to track inventory levels.
“Long truck lines are expected at the ports … as drivers and their allies picket Green Fleet Systems, Total Transportation Services, Inc., and Pacific 9 Transportation trucks,” Justice for Port Truck Drivers said.
The companies are seeking a contract with terms similar to those the ILWU signed with the new Export Grain Terminal that opened in Longview, Wash., in 2012.
United Airlines’ cargo activity climbed 7.2 percent, year-over-year, in June, finishing the month at 202.264 million cargo revenue ton miles. The carrier’s strong June puts it in second place among the top three domestic passenger carriers. Delta reported flying 207.637 million cargo ton miles in June, and American finished with 193.419 million miles. […]
The United States exported 1.04 million net tons of steel in May, 4.1 percent below April exports and 10.9 percent less than the May 2013 level, according to the American Institute for International Steel. U.S. steel exports had increased 3.8 percent in April and 15 percent in March. However, volumes to the United […]
U.S.-flag Great Lakes carriers are grateful for the increased water levels in the lakes, however it has not yet resulted in full loads of iron ore, coal, limestone, cement and other cargoes.
The vessel-sharing agreement, called 2M, replaces all existing VSAs and slot purchase agreements that the two liner carriers had with each other in these trades. Maersk explained the 2M VSA differs from the earlier proposed P3 Alliance.
Chassis Finder has released apps for iPhone and Android systems, which will allow customers to book and track chassis via their phone. According to the company, customers can reserve chassis on chassisfinder.com in less than a minute. “Our long-term vision is to use innovative technology to make the process of getting […]
Maersk supports the lower emissions limits, noting they will have “significant positive effects on the environmental and health,” but also called for “strict regulatory enforcement to … ensure a level playing field for ship operators.”
Fred Hochberg, chairman and president of the beleaguered U.S. Export-Import Bank, is touring China this week to encourage the purchase of “made-in-America” goods and services by Chinese businesses. The bank is currently financing more than $1.8 billion in U.S. exports to China — an amount that’s nearly doubled since 2009. ”As the […]
The Senate on Wednesday confirmed Darci L. Vetter as the next U.S. chief agricultural negotiator. President Obama nominated Vetter in January, citing her experience in numerous agriculture, trade and diplomatic positions across several branches of the federal government — most recently as deputy undersecretary for farm and foreign agricultural services at the U.S. […]
Robert McEllrath, president of the ILWU, said that ILWU members have been locked out of the Mitsui-United Grain Corp. elevator since February 2013 and the Marubeni-Columbia Grain elevator since May 2013.
Airlines in Europe and the United States experienced varied cargo numbers in June, but officials all agreed that the current cargo market is difficult.
Supply chain software developer LLamasoft has opened a new office in Tokyo with more than a dozen staff, expanding its presence in the Asia-Pacific region. The office will be managed by Misao Sasaki, chief executive officer for LLamasoft Asia. The expansion will bring the LLamasoft supply chain design software suite including Supply […]
Hactl, the largest cargo handler at Hong Kong International Airport, saw an 11.5-percent increase in activity during the first half of the year. The year-over-year growth during the first six months of 2014 includes a 13.6-percent increase in imports (243,287 tons) and an 8.8-percent increase in exports (489,624 tons). The results appear […]
MOL and China Shipping (Group) Co. signed shipbuilding contracts with Daewoo Shipbuilding & Marine Engineering Co. in Korea to build three ice class liquefied natural gas carriers. The ships are intended for Yamal LNG project, which is located at Port Sabetta off Russia’s northern coast. The ice class LNG carriers for the […]
Eurnoav has raised $125 million by the private placement of more than 10.5 million new shares to partially fund four new VLCCs. The company began by offering $100 million in shares, but increased the placement due to demand. Euronav said the tanker industry could improve in the coming months. “The […]
A proposed canal across Nicaragua to link the Pacific and Atlantic Oceans would extend 173 miles and cost $40 billion. Nicaragua President Daniel Ortega and Wang Jing, the chairman of China’s HKND, described the route selected for the canal and indicated that construction would begin in December, during meetings this week. In […]
Proposals popped up Tuesday to address the shortfall in surface transportation funding and spur investment in freight-related projects as the Highway Trust Fund continues on its path toward a zero balance by the second half of August.
Wallenius Wilhelmsen Logistics said it has entered into a joint venture with Myanmar-based Carrier King Logistics to provide automobile distribution from port to consumer within the Southeast Asian country. WWL noted a new consumer market is emerging in Myanmar, which includes an increased demand for automobiles and rise in dealerships in the country’s […]
