American Shipper

   To download this report you must be an American Shipper Permium Global Subscriber, a BlueWater Reporting Individual Subscriber or a BlueWater Reporting Corporate Subscriber or you may purchase the report directly by visiting https://www.bluewaterreporting.com/CKYHEAllianceImplications     The CKYH Alliance of ocean liner carriers, which is comprised of China -owned COSCO Container Lines, Hanjin Shipping of […]

   The Long Beach Board of Harbor Commissioners on Tuesday gave final approval to two new incentives for carriers aimed at making the more port more competitive with other West Coast ports from Canada to Mexico and attracting more discretionary cargo while also achieving environmental goals.     The first benefit, effective July 1, is a […]

   A senior executive at CMA CGM also said that the fact that the P3 will not move forward will have no impact on CMA CGM’s 2014 results, saying that the financial investment in the project was minimal.

   The port has been without a permanent leader since Christopher Lytle left a year ago to head the Port of Oakland. Chief Harbor Engineer Al Moro has served as interim executive director.

   CMA CGM said the first in a series of 28 new containerships with capacities of 9,400 TEU – 10,900 TEU will enter its fleet on June 30, with a design that it said signals its ambitions to be a leader in the refrigerated cargo business.    The CMA CGM Danube will begin its maiden […]

   According to the latest cargo figures from the International Air Transport Association, carriers in the Asia-Pacific region experienced a 5.2-percent, year-over-year, increase in demand in April.

   “Even though a labor agreement is not expected to be reached by the June 30 deadline, the ILWU and PMA must remain at the negotiating table, without engaging in disruptions,” according to  a recent study.

   LLamasoft has partnered with Chainalytics to offer the firm’s Freight Market Intelligence Consortium truckload data with LLamasoft’s solutions.    The freight market system works by gathering shipment data from more than 100 companies and then “normalizes the cost drivers which impact overall transportation costs” to give customers a real-time portrayal of actual costs, according […]

   The HTF could run out of money by the second half of August without some infusion of new funds because obligations to states for projects exceeds revenues. To prop up the fund, Congress has borrowed $54 billion since 2009.

   CBP said if a trade disruption occurs, cargo could be diverted to other ports, and that all ports that could be impacted have developed business resumption plans to ensure rapid restoration of Customs services.

   Siim Kallas, the commission’s vice president responsible for transport, said in a statement, said the single window will reduce the present “administrative burden” carriers have to shoulder.

   The Panama Canal Authority said it also reached a new milestone this month with the pouring of more than 2 million cubic meters of concrete for the middle lock on the Pacific side.

   UPS is expanding an insurance program for high-value goods to three more cities.    The express delivery company said its Jeweler’s Elite Program is now available in San Francisco, Philadelphia and Providence, R.I. The program was launched in 2012 in New York and Los Angeles.    UPS Capital, the company’s financial services and risk […]

   Bad winter weather has been blamed for disrupting much business in the first three months of the year, but the government report showed other factors were at play, too. Economists are predicting a good rebound in Q2.

   Van spot rates rose by $0.01 per mile during the week ending June 21, hitting the record high of $2.08 seen in March, according to DAT.    The increase in van rates equated to a 0.5-percent rise over the previous week. During the same period, flatbed spot rates rose by 0.8 percent, or $0.02, […]

   The primary defeat of Eric Cantor, who has stepped down as majority leader, opened the door to Tea Party activists in the House to kill the bank. Cantor helped push through the bank’s re-authorization two years ago.

   IAG said this solution is tailor made for forwarders who need a last-minute booking but don’t want to pay to transport the cargo to the airport. The program started at airports in Atlanta, Chicago, Dallas, London and New York.

   UPS has begun construction on an expansion to its Memphis distribution facility, adding 140,000 square feet to the building.    The $70 million project, which is expected to deliver in early 2016, will bring the Memphis development to more than 430,000 square feet.      UPS officials said this increased capacity, which is a […]

   The board said shippers have reported “grain elevators running out of storage capacity, risks of stored grain spoiling, and penalties incurred by grain shippers for products that are not delivered on time.”