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.
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 […]
