Prices for new dry freight containers increased in the opening months of 2014, according to Drewry Maritime Research. After declining gradually throughout 2013, and falling late in the year to the lowest point since 2009, the price of marine containers have “barely managed to recover 10 percent by April 2014. They presently stand […]
During the Surface Transportation Board’s April 10 hearing on service issues, railroad officials took issue with the proposed competitive switching plan, saying it would equate to a “perpetual winter” for railroads.
The American Chemistry Council and two other groups have called for an injunction to stop Canadian Pacific Railway’s “arbitrary, unilateral and illegal” rule that nearly bans the shipment of chlorine and other toxic chemicals starting Monday.
The Federal Railroad Administration said it will soon propose a rule setting minimum crew sizes for rail operations and requiring two-person crews on trains transporting crude oil.
The International Union of Marine Insurance said the percentage of hull “total losses” fell to a record low last year, following a marginal increase in 2012, and said this continues a 15-year trend of reduced total losses.
CMA CGM said it has begun offering a weekly shuttle service between Kingston, Jamaica and Port au Prince, Haiti. The French carrier said it will use the ship Red Spirit in the service. It will leave Kingston on Tuesday and arrive in Port au Prince the next day. The service will allow […]
In fiscal-year 2013, Dachser boosted its revenue by 13.2 percent, year over year, closing out the reporting period at 4.99 billion euro ($6.89 billion). Breaking it down, the company’s European Logistics sector experienced a 13.5-percent rise in gross revenue, year over year, while food logistics increased by 8.2 percent. Air and sea logistics […]
The Port of Houston Commission has approved a $68 million construction contract with Orion Construction L.P. to fund improvements to the channels leading to the Bayport and Barbours Cut container terminals. The project will deepen the channel and existing container berths at both locations, widen the Bayport Channel and container berths at Barbours […]
HSH Nordbank, a large lender to the shipping industry, said that it “does not expect freight and charter rates and ship prices to start recovering before 2015, and then at a slower pace than hitherto expected.” The Hamburg-based lender said that as a result, “In the fourth quarter of 2013, the bank therefore […]
The logistics enterprise software provider WiseTech Global has implemented new functionality to allow users to adapt to new regulations from the Japanese government. In March, Japan enacted mandatory advance filing rules (AFR), requiring all Japan-bound maritime cargo information to be electronically submitted before departure. The new functionality is found in WiseTech Global’s […]
The nation’s two largest ports, Los Angeles and Long Beach, should collaborate by combining into a single entity, according to a report issued by an independent private commission studying fiscal stability and job growth in Los Angeles.
The Netherlands, Germany, Sweden and Denmark top the European Commission’s EU Transport Scoreboard, which compares each member state in 22 categories across all modes.
U.S.-flag vessels on the Great Lakes were bogged down by ice formations in March, “the likes of which have not been seen in decades,” according to the Lake Carriers’ Association.
The Port of Cleveland is expected to receive the first vessel of its newfound container service on April 17. The vessel, Fortunagracht, departed Antwerp last weekend with a load of breakbulk and containerized cargoes.
The software-as-a-service shipping and logistics solutions provider CargoSmart will be hosting a series of seminars in North America in April to prepare forwarders and importers for Canada’s upcoming eManifest for Forwarders and Importer Advance Trade Data (ATD) regulations. The free seminars will provide an overview of the upcoming regulations, discuss the impact of […]
The Georgia Ports Authority said it handled a record 2.61 million tons of cargo at its terminals in March – a 15.5-percent increase over the same month a year ago. The 349,682-ton increase was met by “double-digit container growth,” GPA said Thursday. The Port of Savannah’s Garden City Terminal moved 260,539 TEUs for […]
Cargolux said it reached a record utilization rate for its nine Boeing 747-400 freighters during the first week of April. The 747-400s averaged 17 hours and 23 minutes of daily use, while the carrier’s nine 747-8 freighters averaged 16 hours and 29 minutes each day. The carrier placed another order for a 747-8 […]
Third party logistics services provider ProTrans has opened a new 222,000-square-foot cargo handling facility in Laredo, Texas, along the U.S.-Mexico border. ProTrans, based in Indianapolis, has operated in Laredo since 1996. “There are no facilities like this in the Laredo marketplace that have as many dock doors, trailer staging/parking areas, as much […]
The U.S. Department of Agriculture will provide $183 million in agricultural commodities and support to benefit an estimated 2.7 million children in 10 developing countries as part of the McGovern-Dole Food for Education and Child Nutrition Program. Through the McGovern-Dole Program, USDA’s Foreign Agricultural Service works with private voluntary organizations and foreign governments […]
The largest export market for U.S. pork and beef in February was Mexico, according to statistics compiled by the U.S. Department of Agriculture and U.S. Meat Export Federation. Beef sales to Mexico in the first two months of 2014 were up 26 percent in volume, to 37,638 metric tons, and 40 percent in […]
