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 […]
Rail operator Naviland Cargo will increase the frequency of its Marseilles Fos-Strasbourg service from three to five roundtrips per week by the end of the year. The company announced its intention during a recent presentation in Strasbourg. “With 10 trains per week serving Strasbourg, transit times via Marseilles Fos are set to […]
In addition to the U.S., the other trading partners involved in the negotiations are Australia, Canada, China, Costa Rica, the European Union, Hong Kong, Japan, South Korea, New Zealand, Norway, Singapore, Switzerland and Taiwan.
Several terminals in Ports of Los Angeles and Long Beach were briefly closed Tuesday morning after members of the International Longshore and Warehouse Union honored picket lines set up by Teamster protesters.
If Congress doesn’t come up with a plan to infuse the Highway Trust Fund with cash, Mississippi will pull all of its transportation projects currently up for bid, according to the executive director of the Mississippi DOT.
South Carolina-based Swing Transport has selected ORBCOMM to implement its tracking solution on 1,000 dry van trailers, providing web-based fleet management and real-time monitoring of the carrier’s freight. The carrier will receive ORBCOMM’s GT1100 devices, one-inch, self-powered sensors that attach to each truck. Swing will combine ORBOMM’s tracking and monitoring products with a […]
John D. Rockefeller, chairman of the Senate Commerce, Science and Transportation Committee, on Monday urged President Obama to speed up a rulemaking aimed at improving safety for transportation of crude oil by rail. The Office of Management and Budget is reviewing proposed rules by the Department of Transportation that would set stricter design […]
“With the overall uncertainty already seen in the eastbound freight market, the central issue for shippers and carriers alike is maintaining service and schedule reliability,” explained TSA Executive Administrator Brian Conrad.
The Teamsters said Monday that they had shut down operations at three drayage companies servicing the Ports of Los Angeles and Long Beach that employ about 400 drivers, but it was unclear whether the protests would widely affect container terminal operations at the ports after the International Longshore and Warehouse Union announced a three-day […]
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.
