The rate increase is substantial compared to current spot rates measured by the Shanghai Container Freight Index, which stood at $1,183 per TEU to North Europe and $1,761 per TEU to the Mediterranean.
U.S. steel exports continued rising for the second month in a row in April, with 1.08 million net tons, the American Institute for International Steel said Monday. AIIS said April exports were up 3.7 percent compared to April 2013, and were at the highest level since October. Exports to Canada dropped slightly, […]
“As the closest U.S. deepwater seaport to the expanding Panama Canal, Port Manatee is drawing increased interest,” said the port’s executive director, Carlos Buqueras, in a statement.
The Port of Redwood City set records in the month of May, with 11 ship calls and 287,237 metric tons crossing the docks, the most in a single month, it said Monday. “This record month demonstrates that the port and the companies operating at the port have the capacity and capability of handling […]
The Teamsters president wrote to the House of Representatives to oppose amendments to delay some provisions in the Federal Motor Carrier Safety Administration’s hours-of-service rules and to increase the size of double-wide trailers.
The U.S. Department of Commerce will continue its investigations on imports of the containers, with its preliminary countervailing duty determination due on or about July 17.
This week, attendees of the National Association of Manufacturers’ 2014 Manufacturing Summit and the U.S. Chamber of Commerce’s America’s Small Business Summit, both held in Washington, D.C., will focus on improving domestic transportation through legislation. According to a joint press release, members of these organizations will press Congress to do something about the […]
The agency said “unprecedented collaborative efforts” have put the port “in a better position to handle both current volumes and any potential diversions from the West Coast.” Last summer, there were long waits for truckers at the port.
“Pigs don’t sweat, so we can’t have them sitting on a truck for 30 minutes in the height of summer,” the National Pork Producers Council’s president, Howard Hill, said after the DOT waived the 30-minute break rule for one year.
House Majority Leader Eric Cantor, R-Va., is gearing up to offer a proposal to fix the Highway Trust Fund by the end of the month, according to a legislative agenda update for June he sent Friday.
Three Asia-Pacific Gateway projects are now complete along the Roberts Bank Rail Corridor in British Columbia, Transport Canada announced. Construction is finished on road/rail overpasses at 54th Avenue, 196th Street and 232nd Street, which will help to ease traffic congestion through the cities of Surrey and Langley, and the township of Langley, the […]
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 […]
