In the first five months of the year, containers increased nearly 30 percent; breakbulk cargoes nearly 16 percent; ro/ro cargoes nearly 7 percent; and liquid bulk cargoes more than 5 percent, the port reported.
The Chinese Ministry of Commerce will not approve the proposed P3 Network between Maersk Line, Mediterranean Shipping Co. and CMA CGM, scuttling the effort by the three carriers to move the vessel-sharing agreement forward.
Cargo container numbers edged up 2.7 percent last month at the Port of Long Beach, making for the Southern California seaport’s busiest May since 2007. Los Angeles handled 689,141 TEU, an 8.2-percent increase over May 2013.
ABF Freight is now offering a program to alert shippers by text or phone call one hour before a shipment is scheduled to be delivered. “Customers today face increasingly tight schedules, and proactive notification of a pending delivery helps them better manage their time and resources,” ABF Freight’s Barry Hunter, vice president of […]
“Bold standards” that cut new heavy truck fuel consumption by 40 percent compared to 2010 levels would deliver significant environmental and economic benefits, according to a new report commissioned by two environmental groups, the Environmental Defense Fund and Ceres. President Obama has directed the National Highway Traffic Safety Administration and the U.S. Environmental […]
According to the group’s executive vice president, Todd Spencer, regulators need to focus on rules regarding real-life training for truckers instead of burdensome regulations.
The Long Beach Board of Harbor Commissioners on Friday gave pre-approval to two new incentives that officials hope will bring extra cargo to the port and increase the use of shore power and on-dock rail.
“Financially troubled deep-sea ocean carriers are increasingly seeking salvation in the intra-Asia market due to higher than usual cargo growth and the availability of cheap vessel charter rates,” said Drewry, the London-based consulting and research company. The most recent issue of Drewry’s Container Insight Weekly reported that it seems that regional services are […]
In May, cargo volume grew 6.7 percent, or 12,865 TEU, year-over-year. There was also growth in breakbulk tonnage (25.6 percent); rail containers (4.8 percent); barge containers (13.2 percent); and Virginia Inland Port containers (22.8 percent).
The trucking industry is having to turn to some innovative pay and recruitment methods to stave off a severe looming driving shortage, according to a call last week from Stifel’s Transportation & Logistics Research Group. The call included perspective from Gordon Klemp, founder and president of the National Transportation Institute. Stifel said […]
Deloitte and the supply chain design solutions provider LLamasoft have entered into an alliance to provide strategic supply chain risk management solutions to help companies improve their management of global supply disruptions. The alliance combines Deloitte’s third-party risk management experience with LLamasoft’s supply chain analytics, design and modeling software platform, and will assist […]
The port operator DP World last week raised $1 billion through the sale of 10-year convertible bonds, which will come due in 2024. The bonds will bear an interest rate of 1.75 percent and are convertible into stock at $27.1396, a 37.5-percent premium over the company’s share price when issued. “The proceeds […]
HMM, Korea’s second largest carrier after Hanjin, will sell 6.81 million convertible preferred shares worth 57 billion won to Market Vantage Ltd. and make a similar sale to Market Vantage in the second half of the year.
United Airlines will launch Boeing 767-300 service from Houston’s George Bush Intercontinental Airport to Chile on Dec. 7. On Dec. 20, the carrier will increase its connections between Houston and Punta Cana, Dominican Republic, and between Chicago and Belize City, Belize. “With our first-ever service between Houston and Santiago, Chile, we are […]
While not many companies look at the agricultural data railroads file each month to the Surface Transportation Board, the data is still valuable, Cargill’s Brad Hildebrand wrote in a letter to the board. Hlidebrand, the company’s global rail and barge lead, wrote the letter to oppose Norfolk Southern’s request to do away with […]
The U.S. agriculture secretary will discuss the expansion of agricultural trade between the two continents, the importance of agriculture’s role in the T-TIP, and benefits the trade agreement will have for both the U.S and Europe.
Myles J. Ambrose, who served as a head of the U.S. Customs in the early 1970s and later specialized as a private practice customs and international trade attorney in Washington, died on June 3. He was 87.
The Canadian government is giving Port Metro Vancouver CAN $3 million ($2.76 million) to implement a common data interface project at its four terminals to reduce trucker wait time.
U.S. Customs and Border Protection has appointed David P. Higgerson to the director of its Laredo, Texas, field office. He was formerly director of the agency’s El Paso, Texas, field office. Higgerson succeeds Noel Sanchez, acting director of the Laredo field office and former deputy commander of the South Texas Campaign. As […]
Massport will break ground Friday on a new freight corridor and memorial park in South Boston, Mass. Massport said the corridor will remove truck traffic from the Conley Container Terminal from heavy residential areas and connect it to major highways. It added that more than a million tons of cargo pass through […]
