The group held organizational meetings this spring and has now received commitments from the charter members to support the mission of ensuring industry-wide compliance with environmental air quality rules.
In a filing with the Tel Aviv stock exchange, Israel Corp. said a district court agreed to change the terms of the Israel government’s “golden share” so that state approval would be required only for transfers of more than 35 percent.
Hyundai Merchant Marine said it has taken delivery of the third in a series of five, 13,100-TEU ships being built at a cost of $129 million each by Daewoo Shipbuilding and Marine Engineering. Hyundai Drive has joined the G6 Asia-Europe Loop 6. A similar group of five ships was built by the […]
SEKO Logistics has built a 152,000-square-foot logistics center in Milton Keynes, England, to support e-commerce growth. SEKO will employ 150 workers at the new facility. The construction of the warehouse, from which SEKO will conduct global fulfillment, delivery management and returns solutions, comes on the heels of last year’s warehouse opening in […]
The International Longshore and Warehouse Union and employers represented by the Pacific Maritime Association said late Monday they had “agreed to take a 72-hour break from negotiations on a new coast-wide contract while the ILWU attends to an unrelated negotiation taking place in the Pacific Northwest.” The subject of that negotiation was not specified, […]
The Federal Aviation Administration has approved Envirotainer’s RKN e1 unit load device for use on airlines governed by the agency. Envirotainer said there are still approvals and processes to iron out, but that the containers should be available within six months. In light of the full approval, the company said it is […]
In the early 1950s, Diaz followed his father into the shipping business at Garcia and Diaz as a ship agent and manager. He later became vice president at Grace Lines and T.J. Stevenson Co., and then was named president of West Coast Lines.
Mundra will become India’s largest container port in next 24 months, with a total container handling capacity reaching 5.5 million TEUs, CMA CGM said. The companies plan to begin construction immediately.
Last week, Joseph Szabo, administrator of the Federal Railroad Administration, made a pitch for the GROW AMERICA Act, saying “we have to work harder than ever to create a framework that will ensure these goods move safely, reliably and efficiently.” Speaking at the Sheet Metal, Air, Rail and Transportation Division Convention in San […]
The call throughout the country for Congress to fix the Highway Trust Fund before it runs out of money in September and domestic construction grinds to a halt has reached a fever pitch. The Washington Post editorial board wrote last week that a long-term fix to the issue is unlikely before the November […]
“In the past, when transporting sensitive freight such as precision equipment, medical instruments or food products over land, it was necessary to use air-suspension trucks. However, air-suspension trucks have high costs,” the company said.
Officials with Lufthansa and Air China have agreed to enhance their commercial partnership, pledging better services and connections between Europe and China in the future. The carriers foresee benefits filtering to customers by October. “Thanks to strategic partnerships with leading airlines, the Lufthansa Group airlines now connect the world’s four largest economies […]
Three Boeing aircraft hulls being transported by Montana Rail Link derailed Thursday in Montana, spilling the aircraft components in the Clark Fork River, according to company spokesperson Lynda Frost, who was interviewed on local radio station KGVO. According to press reports, 737, 777 and 747 hulls were being transported, and only the 737 […]
Exports of goods and services over the last year totaled $2.3 trillion, which is 45.7-percent above the level of exports in 2009, and have been growing at an annual rate of 8.9 percent when compared to 2009, according to the Ex-Im Bank.
Drivers from three drayage firms began what they are calling an “unfair labor practice strike” at truck yards and marine terminals at the ports of Los Angeles and Long Beach Monday morning. The group Justice for Port Truckers, part of the Teamsters Port Division, said, “These unfair labor practice strikes are the fourth […]
The cranes, which are currently under assembly at the Newark, N.J., terminal, are only the most visible sign of a $500 million project to improve PNCT, with work extending throughout the facility.
Global Container Terminal is not the only facility at the Port of New York and New Jersey being upgraded. Port Newark Container Terminal expects to put into operation three new cranes, which arrived at its terminal in May, later this summer. The cranes, which are currently under assembly at the Newark, N.J. […]
At a meeting of the Long Beach Board of Harbor Commissioners on June 23, Al Moro, acting executive director, said the longer construction period may also raise the cost of the project, which the port had previously estimated at $1.2 billion.
ExxonMobil said it will invest more than $1 billion in its refinery in the port of Antwerp. The existing ExxonMobil refinery in Antwerp is one of the company’s best in terms of cost and energy efficiency, according to the Antwerp Port Authority. The new refinery will convert heavy, high-sulphur oil into cleaner products […]
NYK Stolt Shipholdings, a joint venture company by NYK and Stolt Tankers, the tanker division of Stolt-Nielsen Ltd., has ordered two 12,500-deadweight-ton parcel tankers from Japan’s Usuki Shipyard Co. Ltd. The two new vessels are the ninth and 10th vessels ordered, following the eight that the joint venture currently holds and operates, and […]
