A Pennsylvania company and its chief executive officer were charged by the U.S. Justice Department on Wednesday for allegedly conspiring to evade export reporting requirements and attempting to smuggle a lathe machine into Iran. Charged were Hetran Inc., an engineering and manufacturing plant in Orwigsburg, Pa., and its chief executive officer, Helmut Oertmann. […]
The Port Authority of New York and New Jersey will offer incentives to boost automobile and truck shipments at its docks. The agency’s commissioners on Wednesday approved a five-year program to nearly halve the wharfage fee on additional vehicles moving through the port for manufacturers who exceed targeted volumes. Dennis Lombardi, the […]
Steel imports saw a slight decline in March compared to February, but “favorable” economic signs remain, according to the American Institute for International Steel. “We are seeing a slight retreat in imports, but at the same time we see some overall favorable signs for the economy in the first quarter of 2014,” said […]
With negotiations due to begin May 12 on a new labor agreement between the International Longshore and Warehouse Union and employers, Maersk Line has told shippers they could face hefty surcharges if there is port congestion resulting from any labor-related issues. While not specifically mentioning the ILWU contract talks, Maersk issued a customer […]
To download this report you must be an American Shipper Global Schedule Subscriber, a BlueWater Reporting Individual Subscriber or a BlueWater Reporting Corporate Subscriber or you may purchase the report directly by visiting https://www.bluewaterreporting.com/MaerskSeaLandReportAnalysis A new report from the BlueWater Reporting team suggests there is much more to Maersk’s plan to reintroduce the […]
CSAV officials said “dissident shareholders” owning only 2.7 percent of its stock have asked to exercise appraisal rights, meaning its planned merger with Hapag-Lloyd can go forward.
The Waterfront Commission of New York Harbor said that the New York Shipping Association and ILA are dedicating most of their efforts to employing new workers from their own referrals “to the severe disadvantage of the veterans.”
U.S. exports of petroleum products averaged 3.5 million barrels a day in 2013, a 10-percent increase compared to 2012, the U.S. Energy Information Administration said Tuesday in an energy report.
Domestic truck tonnage inched up 0.6 percent in March after rising by 1.9 percent in February, according to the American Trucking Association’s For-Hire Truck Tonnage Index.
During the first quarter of 2014, Delta Air Lines saw its cargo operating revenue fall 9 percent, year over year, to $217 million, but strong passenger numbers helped overall operating revenue increase by 5 percent, compared to the first quarter of 2013. Officials blamed the cargo loss on lower yields and volumes. […]
Cargolux shareholders have approved issuing additional shares in the company to generate $175 million in capital enhancements. In addition, the state of Luxembourg, which had held 35 percent of the company since Qatar Airlines sold its stake in January 2013, has closed a share sale to Henan Civil Aviation and Investment Co. for […]
California’s Port of Redwood City’s new $17-million wharf, the first new wharf for cargo ships in the San Francisco Bay area that meets the newest structure standards, the port said, opens Wednesday. The modern wharf replaces a 60-year-old wooden wharf, and will be used to dock the largest dry bulk ships passing through […]
Third party logistics services provider Pantos Logistics has expanded its international parcel delivery business by cooperating with Seino Transportation Co., Ltd., the largest ground transportation company in Japan. The joint service, named SP Express Co., Ltd., will be fully operational in Japan by the end of the month, the companies said. The service […]
The non-vessel-operating common carrier ECU-LINE has opened two new offices in Malaysia, the company said Wednesday. The offices are located in Port Klang and Penang, with operations due to begin May 2. “Our growing expansion in key markets of Asia, including Malaysia, is a step forward in our goal to integrate our […]
The Port of Houston Authority said Tuesday that the U.S. Army Corps of Engineers has furnished it with a draft permit for the channel leading to its Bayport Container Terminal. Executive Director Roger Guenther told port authority commissioners that the draft permit for Barbours Cut channel dredging will follow soon. The projects […]
The Surface Transportation Board has released its yearly revenue shortfall allocation methodology (RSAM) and revenue-to-variable cost ratio statistics.
The Federal Aviation Administration announced Monday that the first of six test sites that will perform unmanned aircraft systems (UAS) research is now operational.
Canadian Pacific took in CAN $1.509 billion ($1.369 billion) during the first quarter of the year, a 1-percent rise when compared to the same quarter in 2013. In a press release, the company said the first quarter of 2014 generated the best first-quarter results in company history. Operating expenses fell 4 percent, year […]
Pritzker U.S. Secretary of Commerce Penny Pritzker on Thursday announced that the Department of Commerce will expand its overseas resources to help U.S. businesses navigate additional global markets and sell their goods and services to customers all over the world. The department’s International Trade Administration will add a total of 68 new positions and […]
The European Commission has bolstered the intra-Europe marketplace for maritime services by clarifying cabotage rules, giving better legal clarity to shippers and shipowners.
