House and Senate negotiators said Thursday they have reached agreement on a joint authorization bill that will support commerce and create jobs by improving navigable waterways at ports and along the inland river system. The Water Resources Reform and Development Act gives the go-ahead for more than $8 billion in port and waterway […]
Connaughton Sean Connaughton, a former head of the U.S. Maritime Administration who until January served as Virginia Secretary of Transportation under former Gov. Bob McDonnell, was appointed last month to be the next president of the Virginia Hospital & Healthcare Association. Connaughton is technically president/CEO-designate during a transition period before he takes over […]
The Kuwait-based logistics and infrastructure company Agility said it had a net profit of 11.24 million Kuwaiti dinar ($40 million) in the first quarter of 2014, 11 percent more than in the same 2013 period. Revenue for the quarter was 314.28 million dinar, 11 percent less than in the same 2013 period. […]
Virginia Gov. Terry McAuliffe vowed to shipping representatives of the Hampton Roads port area that he will raise the state’s East Coast ranking in agriculture and forest products exports from fourth to first place by the end of his term.
London-based Drewry has created a product that it says will allow shippers to share information about trends in contract shipping costs.
As liner carriers divest themselves of chassis in North America, shippers are increasingly concerned about the pressures that will be placed on their access to this equipment. “Over the next few years, there’s going to be a chassis crisis,” especially when the big ships arrive, Holly Pearce, director of international logistics, Lumber Liquidators, […]
While liner carriers laud the benefits of increasingly larger container ships for their operational efficiency and bottom lines, shippers are worried about the impacts these behemoth vessels will have on their supply chains.
ZIM will launch a new service between Asia and the West Coast of North America beginning in mid-May, it announced Thursday, which it said will improve transit time and extend port coverage.
Reacting to the disappearance of Malaysia Airlines Flight 370, the European Aviation Safety Administration has called for extending the required transmission time on underwater locating devices by 60 days.
DHL has begun early-morning helicopter delivery service from Los Angeles International Airport for banking customers located downtown as a way to guarantee 9 a.m. deliveries regardless of traffic. While the service is currently limited to banking customers, officials said it could be expanded in the future. The integrator has a similar service […]
The Great Lakes maritime community will pay tribute to Former Rep. Jim Oberstar on Thursday, according to a press release from The Interlake Steamship Company.
The DOT on Wednesday issued an emergency order immediately requiring all railroads operating unit trains of 35 cars or more containing Bakken crude oil to notify state officials about the operation of these trains through their states.
The trade compliance software provider ARTEMUS Transportation Solutions has signed an agreement with Nippon Automated Cargo and Port Consolidated System (NACCS) that allows ARTEMUS users to integrate with NACCS to meet Japan’s Advanced Filing Rules (AFR). The Japanese government implemented the regulations in March, in which a vessel operator or a non-vessel-operating common […]
LNG container ships are coming to the European short sea trades. The Finnish short sea operator Containerships Ltd Oy, GNS Shipping/Nordic Hamburg, and ARKON Shipping said Wednesday they have ordered dual-fuel engine-technology container ships that will use liquefied natural gas (LNG) but will also be able to burn conventional marine diesel oil/heavy fuel. […]
FedEx said that effective next year, its FedEx Ground service will apply dimensional weight pricing to all shipments. Currently, FedEx Ground applies dimensional weight pricing only to packages measuring three cubic feet or greater. “Dimensional weight pricing, also known as ‘Dim’ weight is a common industry practice that sets the transportation price […]
A little more than a month after Des Vertannes announced his retirement, there has been no word of his replacement, but IATA Director General Tony Tyler pledged that “we will let the world know soon.”
The European Commission has released the summary of its Jan. 30, 2013, decision that found a proposed takeover by UPS of TNT Express to be “incompatible with the internal market” and was not in the best interest of European consumers.
COSCO Container Lines Co., MOL and Evergreen Line will launch a new weekly, direct service from Asia to West Africa, called the WA1, COSCO announced Wednesday.
Maersk Line said it is making changes in its transatlantic services this month, ending its TA1 and TA5 services. “We will now be operating a consolidated transatlantic service (TA2), offering reliable direct calls to US East Coast and Gulf Coast ports on Maersk Line-operated vessels,” the company said. Maersk said the port […]
Matson said Monday that it had a profit of $3.4 million in the first quarter ending March 31 compared to $9.1 million in the first quarter of 2013. Revenue was $392.5 million in the first quarter of 2014 compared to $394.7 million in the first quarter of 2013. Matt Cox, Matson’s president […]
