Member lines of the Asia Australia Discussion Agreement will be subjected to a rate increase beginning May 15 — $500 per TEU and $1,000 per FEU on dry and reefer cargo from Greater China to Australia.
Old Dominion will raise its base rates by an average of 4.3 percent in May, the company said. The increase won’t be felt across the board, officials said, but will instead take into account a customer’s length of haul. In July, the carrier increased the base rate by an average of 4.9 […]
IAG Cargo will add in June an additional flight between its hub in Madrid and Panama once per week, bringing the service to a daily schedule in July. The carrier already offers five flights each week on the routing, and uses Iberia’s A340-300, A340-600 and A330-300 planes for the flights. “The additional […]
ProTrans, a U.S.-based transportation and supply chain management provider, has expanded its coverage by opening a new center in Kansas City, Mo. “The opening of the Kansas City Center allows ProTrans to continue to improve transit times from suppliers to our customers,” Director of Consolidation Operations John Ousley said in a statement. “Our […]
Air quality regulators in Southern California have proposed a rule that they say would “ensure emission reductions associated with sources operating in commercial marine ports” are achieved this year and beyond.
Foxx U.S. Transportation Secretary Anthony Foxx embarked Monday on a weeklong “Invest in America, Commit to the Future” bus tour that will take him to eight states, where he will try to drum up support for funding a large surface transportation bill and restoring solvency to the Highway Trust Fund before it runs out […]
U.S. Bank on Monday unveiled a new extended term financing capability aimed at allowing shippers to more easily extend their days payable outstanding without delaying payment to their carriers.
The National Industrial Transportation League and other shippers’ groups have called for an update of Congressional policies regarding railroad oversight.
The Minority Business Development Agency and U.S. Export-Import Bank have expanded their partnership to help small minority- and women-owned companies obtain loans so they can have greater access to overseas export markets. MBDA Business Centers in Miami, Los Angeles, Detroit and Phoenix can now process loan applications for export financing as “originators” for […]
James Caponiti has been appointed president of the American Maritime Congress, a nonprofit organization representing the U.S. maritime industry. He has been executive director of AMC since October 2011. Previously, he had a career lasting more than 30 years at the U.S. Maritime Administration. His expertise spans most of MarAd’s promotional programs supporting […]
The National Retail Federation has urged the Pacific Maritime Association and ILWU to speed up pending contract negotiations and reach a new deal well in advance of the June 30 expiration of the current contract.
European states must work harder to enforce existing road haulage rules, even as the EU works to improve sustainability in the road transport sector, according to a study on road haulage in Europe released by the European Commission.
Two Japanese companies — Mitsubishi Corporation and Kamigumi Co. — have jointly acquired a 25-percent share in TCV Stevedoring Company S.A., which operates the container terminal in Valencia, Spain.
The investment bank Stifel said Monday it expects to see “pricing momentum” in the second quarter for less-than-truckload carriers as the industry enters the “seasonally strong” second quarter. In a note on the LTL market, Stifel’s transportation and logistics group said pricing rose in the range of 3 to 4 percent in the […]
Maersk said it will start a new service between the U.S. East Coast and West Coast South America on May 19. The rotation for the new service will be: Philadelphia, Newark, Charleston, Kingston, Balboa, Buenaventura, Callao, Arica, San Antonio, Callao, Balboa, Philadelphia. The company said it will offer export service from Port […]
NYK Line said Monday it will charter eight 14,000-TEU container ships. NYK did not identify who it will charter the new ships from, but said they will be built at the Kure shipyard of Japan Marine United Co. and be delivered between February 2016 and January 2018. The new ships “will have […]
An agreement has been announced for amendments to the Maritime Labour Convention to ensure the provision of assistance to seafarers in the event of their abandonment and for compensation for contractual claims for death and personal injury.
The U. S. Department of Commerce’s Bureau of Industry and Security said Monday that it has added a company located in the occupied Crimea region of Ukraine to the Entity List in response to Russian expropriation of the company. The Entity List designation imposes a license requirement for the export, re-export or in-country […]
Shippers should prepare for longer transit times and more frequent use of skipped sailings or “blank voyages” by container carriers, according to recent research.
