The main domestic U.S. carriers showed mixed cargo results during the first quarter, with American Airlines and Southwest experiencing revenue increases, while United saw cargo activity drop off.
As they negotiate a new labor contract to replace the one that expires July 1, representatives of the International Longshore and Warehouse Union and Pacific Maritime Association should be thinking about how to make the ports more productive in the long term, industry officials say, and not just about the issues confronting the shipping […]
Cargo volume at the Port of Virginia rose 10.2 percent, or 18,316 TEUs, year-over-year in March, the port announced this week, but challenges still remain, according to port leadership. “It has been a very disciplined, team-oriented approach to stem the losses,” Chief Executive Officer John Reinhart said in a statement. “We had an […]
The Surface Transportation Board has denied Canadian Pacific’s request to abstain from submitting weekly fertilizer delivery status reports as required by the board’s April 15 ruling. The board had told CP and BNSF to detail their plans for fertilizer delivery and to then provide weekly status reports over the next six weeks. BNSF […]
Wallenius Wilhelmsen Logistics has added an entry port into Russia, at Novorossiysk, the company announced Thursday. The new port is added to WWL’s liner service from Japan, Korea, China and Southeast Asia to Europe, and provides customers in Asia with direct access to the Russian Black Sea area, WWL said. WWL said […]
A new paper from the World Trade Organization suggests there is a distinct possibility that countries will form into mega-regional trading blocs in the next two decades.
The North American Free Trade Agreement has brought significant economic benefit since it took effect in 1994, but has not realized its full potential because of insufficient modern infrastructure, according to new research.
The European-based software-as-a-service transportation management system provider Eyefreight said this week it has begun expansion in Brazil with the addition of Luiz Martins, who will serve as sales director for Latin America. The move follows Eyefreight’s recent North American expansion, with the opening of regional headquarters in Evanston, Ill. “Eyefreight understands the […]
The logistics company GENCO said this week it has been aiding the confectioner Hershey’s Co. with its Zero-Waste-to-Landfill Program at the company’s western distribution center in Ogden, Utah. Hershey’s program is intended to divert materials that would typically end up in landfills to alternate channels, such as recycling, reuse or incineration. By the […]
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 […]
