Richard Craig has been promoted to president and chief executive officer of MOL (America) Inc., the company announced Monday. Craig has 34 years of experience in the container shipping industry, with 11 years spent at MOL.
Ice still present on the Great Lakes is greatly impacting transportation, causing shipment numbers to stagnate or decrease. The Lake Carriers’ Association, in a press release issued Monday, said iron ore shipments in May were about 600,000 less than expected due to three U.S.-flag lakers being out of service for 65 days because […]
It’s time for new leadership at the top of the Federal Motor Carrier Safety Administration, the Owner-Operator Independent Drivers Association wrote in a letter to Anthony Foxx, secretary of the Department of Transportation. The president and chief executive officer of OOIDA, Jim Johnston, wrote in the June 5 letter that FMCSA leadership doesn’t […]
Intermarine, the Houston-based project and heavylift carrier, said it will offer regular service from the U.S. Gulf and East coasts to the Mediterranean and Persian Gulf. “We are launching this regular service to the Mediterranean and Persian Gulf to provide a service that customers are demanding. They want customized, cost-effective shipping solutions to […]
Negative responses from the trucking industry about a full-page ad that characterized tractor trailers as “serial killers” has convinced Maxim magazine to pull the ad in its current digital edition. Though the issue is currently on newsstands, magazine officials said they will also offer a similar pro-trucking ad in the next edition, stated […]
The Association of American Railroads went on the offensive last week with a quest to educate the public about proper safety around railroad crossings in order to prevent accidents during International Level Crossing Day. “Safety is the foundation for everything we do, and supporting ILCAD gives railroads another opportunity to help educate the […]
Clyde & Co – a global law firm focused on insurance, aviation, energy, infrastructure, natural resources, marine and trade – will open an office in Southern California, headed by Joe Walsh, the company announced Monday. “Opening an office in Orange County is a further step in our expansion in the United States,” Senior […]
FMC reviews 35 OTI license applications
The U.S. Federal Maritime Commission has received 35 ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Cirrus International, Karachi, Pakistan (Umar F. Kazi, chief executive); Flo Logistics, League City, Texas (Bradley Louden, managing member); Intorvolca Logistic, Miami (Javier A. Volcanes, manager/member); Leon Export […]
The Federal Maritime Commission said it will hold a meeting on June 18 where it will be briefed by “U.S. harbor trucking representatives on trucking trends and conditions” in open session and receive a staff briefing on economic and trade conditions in closed session. The meeting begins at 10 a.m. at the commission’s […]
Thomas Winkowski is now in charge of his second Department of Homeland Security agency in less than three months. In March, the Customs and Border Protection deputy commissioner was appointed by DHS Secretary Jeh Johnson as principle deputy assistant secretary for U.S. Immigration and Customs Enforcement. He’s the top guy, but requires […]
The supply chain software company JDA has become such a fixture in the world of major retailers and manufacturers that it’s easy to forget the company also has a major presence in the third-party logistics provider market. But there’s room for growth, the company said, evidenced by its decision earlier this year to […]
UPS’s use GT Nexus order management system emblematic of way forwarders seek best-of-breed solutions. For a company that proudly points to the fact that it has invested $1 billion in technology for 15 years in a row, use of an outside software vendor might seem anathema. But it’s also a sign of the […]
It was the biggest news in the container shipping business for a year. The world’s three largest container shipping companies — Maersk, Mediterranean Shipping Co. and CMA CGM — announced in June 2013 that they would enter into a long-term vessel sharing agreement (VSA) on all three of the major east-west container trades—Asia-Europe, […]
Ocean shipping consortium urges tougher oversight of air pollution rules. Several large ocean shipping companies have tentatively agreed to collaborate on ways to ensure regulatory authorities enforce new international requirements on sulfur emissions from commercial vessels, which could lead to divisions between haves and have-nots over the proper involvement of government. The issue […]
At the age of 12, I harbored dreams of a career in the NBA. Alas, topping out at 5-foot, 8-inches and lacking a dependable jumpshot, playing point guard professionally, it turns out, wasn’t really my core competency. Now this may be a little controversial, but there are lots of 5-foot, 8-inch point […]
Container carriers experience another difficult year with soft demand, excess capacity. 2013 was another tough year for the liner shipping industry, with the container operations of 15 public companies examined by American Shipper losing an aggregate $530 million. While some companies—most notably, the world’s largest container carrier Maersk Line, with an operating profit […]
By Walter Kemmsies, chief economist, Moffatt & Nichol One concerning aspect of the economic recovery that is taking place in the United States and other major economies is that inflation has been running well below 2 percent, the target rate in both the United States and Europe. This has been discussed and analyzed […]
Air cargo still faces significant challenges, and in many cases these issues are similar to problems the industry confronted years ago. In the International Air Transport Association’s 2014 Annual Review, released during the organization’s annual General Meeting in June, it highlighted the financial struggles of airlines, safety and security as some of the […]
Increased volumes of fresh fruits and produce destined to Asia, reshaping air freight. South American exporters of perishables have long been suppliers to the U.S. market, but they have more recently begun to extend their supply chains for delivering these commodities to new markets across Asia. While shipping fruit, such as blueberries and […]
