As part of the 1,500 projects it expects to be completed this year, Union Pacific Railroad will invest $39.5 million to upgrade a rail line in Nebraska. The project, which is expected to deliver by the middle of July, includes the installation of 44 miles of new rail, replacement of 115,000 railroad ties, […]
The Georgia Ports Authority on Monday agreed to an $86.5 million purchase of four new ship-to-shore cranes and 20 new rubber-tired gantry cranes, the authority said.
The Maritime Administration has reorganized its Office of National Security into the Office of Strategic Sealift with three areas of focus — maritime workforce, and federal and commercial sealift, according to a MarAd press release.
During the first quarter, Avianca Holdings experienced a 6.7-percent increase in cargo revenues, compared to the same period last year, as total operating revenues for the company dropped by 1.7-percent, year-over-year, to $1.1 billion. Despite a 3.3-percent rise in passenger traffic, Avianca experienced a 2.2-percent decline, year-over-year, in passenger revenue due to lower […]
TNT Express has received regulatory approval to sell its Netherlands-based fashion arm to a consortium of Netlog Group and Belspeed. The terms of the deal, which was first announced March 11, have not been disclosed. TNT is currently integrating its fashion segments in the UK and Ireland with TNT Express. In the […]
The ports of Los Angeles and Long Beach both saw double-digit import container growth year-over-year in April.
The U.S. House of Representatives is expected to vote Tuesday on a major piece of water infrastructure legislation that potentially could lead to $12 billion worth of maintenance and modernization for ports and inland waterways, as well as flood protection and coastal restoration. The spending blueprint provides a big increase in resources for dredging […]
The United States signed a Customs Mutual Assistance Agreement last week with Uruguay. The bilateral agreement helps the U.S. and Uruguay’s respective customs administrations to prevent and investigate customs offenses, including duty evasion, trafficking, proliferation, money laundering and terrorism-related activities. CMAAs also serve as foundational documents for subsequent information-sharing arrangements. “Customs authorities […]
With two years into the U.S.-Colombia Trade Promotion Agreement, the White House reported that U.S. manufacturers have substantially increased exports of transportation equipment, petroleum and coal products, processed food, and computer and electronic products into the South American country. U.S. farmers and ranchers have also witnessed strong growth of agricultural exports, including in […]
Port Freeport in Texas is expecting the delivery of two post-Panamax cranes by late July. The 300-foot-tall cranes, which can lift up to 75 tons, departed Shanghai by vessel on May 7. They will be delivered to Berth 7 at Freeport’s Velasco Terminal. “These cranes will allow the port to continue […]
A congressional watchdog agency warned that weaknesses in the National Aeronautics and Space Administration (NASA) export control policy and implementation of foreign national access procedures at some centers increase the risk of unauthorized access to export-controlled technologies. NASA policies provide center directors wide latitude in implementing export controls. However, NASA procedures do not […]
Cargo volumes were up because of a rebound in March, when 280,519 TEU moved through the port. In January and February, container volumes were off by 0.4 percent and 3.5 percent, year-over-year, respectively.
On the final day of Infrastructure Week, during which organizations around the nation have held events about modernizing the nation’s aging infrastructure, the importance of improving infrastructure can’t be overstated.
After a five-year absence, a new company has begun ferry service between Portland, Maine, and Yarmouth, Nova Scotia. The 528-foot long roll-on, roll-off passenger (ropax) ferry Nova Star was scheduled to dock in Yarmouth Friday morning after its inaugural 10-hour voyage overnight from Portland. The ferry will make one round trip per day, […]
Consumer demand for coal during the first quarter’s extreme cold helped ease the blow from a continued downshift in coal exports, Cowen and Company noted. Class I coal activity is up 9.3 percent so far in Q2.
WiseTech Global, a provider of logistics enterprise platforms, said Thursday it has started a new business partnership with the ERP integrator Axline to bring its system to the Chinese logistics provider market. Axline operates in China, Hong Kong and Taiwan, and “has a wealth of regional market knowledge,” WiseTech Global said. Axline will […]
SAP this week released the latest version of its transportation management software. Version 9.1 of SAP Transportation Management has extended the software provider’s reach, enabling both buying- and selling-side capabilities for analyzing, collaborating on and creating freight agreements with through its strategic freight management solution. The new platform also adds a collaboration […]
The sixth round of TIGER grants is heavily oversubscribed, with application requests running 15 times above the amount of money available for the competitive program, the U.S. Department of Transportation said.
The ports of Los Angeles and Long Beach have reported strong growth in container volumes in April. The Port of Los Angeles said container volumes in April were 706,037 TEU, an increase of 10.26 percent. Loaded inbound container volume was up 11.43 percent to 364,126 TEU, while loaded outbound containers was 172,945 TEU. […]
Marubeni Corp., a Japanese trading company involved in the handling of products and provision of services in a range of sectors, including power generation, was sentenced Thursday in the United States for its participation in a scheme to pay bribes to high-ranking Indonesian government officials to secure a lucrative power project, the U.S. Justice […]
