Drewry predicts that “bigger east-west ships and larger alliances are likely to continue to allow key transshipment hub ports in the Mediterranean to outperform underlying organic market growth.”
The United States and Canada on Monday launched a commercial truck pre-inspection pilot program at the heavily trafficked Peace Bridge crossing between Buffalo, N.Y., and Fort Erie, Ontario. U.S. Customs and Border Protection is testing the concept of conducting primary inspections of U.S.-bound trucks and cargo on the Canadian side of the border […]
After a four-day meeting in Singapore, representatives from the 12 countries represented under the proposed Trans-Pacific Partnership say they have made “further strides” toward the agreement, but came away from the meeting without a deal.
XPO Logistics experienced significant growth for the year and in the fourth quarter of 2013, with revenue reaching $257.2 million and gross margin dollars increasing 238.8 percent to $53.1 million, the company reported Monday. Revenues increased in all of its business units: freight brokerage, expedited transportation, freight forwarding and corporate, it said. […]
Airlines’ first-quarter earnings may be lower than expected due to higher fuel costs, flight cancellations and weather disruptions, according to a report from Cowen and Company, which has updated its predictions. “We still remain positive on the group, but admit we could see lower 1Q14 earnings as a result of these issues,” the […]
Emirates has started a new daily service to Chicago, the airline announced Monday. The city will be the airline’s ninth gateway in the U.S. President Tim Clark stated, “Chicago has long been a destination in the United States which Emirates has wished to serve. Like Dubai, Chicago is a major global trade […]
The U.S. Justice Department on Monday asked a federal court in California to issue an injunction seeking to shut down operations of four California companies and six individuals related to illegal imports of children’s products containing toxic substances such as lead and phthalates, and toys that contained choking hazards. The companies in the […]
Officers at the Port of Le Havre seized 1.4 tons of cocaine in an operation last week, according to news reports. The cocaine was found hidden inside tires that were on board a cargo ship loaded with vehicles returning from the Dakat 2014 rally in Valparaiso, Chile. The drugs were then moved by […]
The two American security officers found dead aboard the Maersk Alabama last week died of heart failure, Seychilles police said Tuesday in a news release. Autopsies on Jeffery Reynolds and Mark Kennedy have been completed, and police also noted possible heart attacks. According to a statement, samples of urine, blood and stomach […]
Two New Jersey legislators are seeking to limit the ability of the Waterfront Commission of New York Harbor from regulating the supply of labor in the Port of New York and New Jersey. “The Waterfront Commission was created in the early 1950s to perform background checks and eliminate the presence of organized crime […]
Crew rest is a shared responsibility and “overnight workers must pay special attention to their rest regimen,” UPS Airlines spokesman Mike Mangeot said in an email to American Shipper.
Expansion of the CKYH alliance to include China Shipping or United Arab Shipping Corp. would narrow the economy of scale advantage the P3 alliance will have over its competitors, said SeaIntel.
No LNG fueling barges are in operation in the United States, and the LNG America order represents some of the first of these vessels to be developed.
Canadian National Railway is planning to invest CAN$2.1 billion ($1.89 billion) in infrastructure improvements this year, a slight rise over the CAN$2 billion it spent last year, the railroad announced last week. According to the railroad, CAN$1.2 billion will be reserved for track infrastructure with an eye toward increasing safety and productivity. CN […]
PostNL, which owns part of integrator TNT Express, reported a loss of 170 million euros during fiscal-year 2013 after a profit of 731 million euros in 2012, according to a consolidated income statement issued Monday. Nevertheless, the company said it had “good progress” in 2013, with increases in cash operating income and 426 […]
Coast Guard crews on Sunday continued to respond to an oil spill that occurred near New Orleans on Saturday. The Coast Guard reported a collision between a vessel and a tank barge on the lower Mississippi River near marker 154. It said the accident caused damage to the barge, which resulted in a […]
Volga-Dnepr Airlines has completed its 1,100th flight in the oil and gas industry, most recently delivering 45 tons of equipment from Brazil to Scotland, the company announced. “The delivery of oil and gas equipment across the globe is one of the key areas of Volga-Dnepr Airlines’ expertise. … To date, our fleet of […]
The shortage of road salt in New Jersey soon could be alleviated, but the debate about the maritime shipping law that prevented the quick transport of an emergency shipment along the Northeast coast is likely to continue.
One month after industry leaders were called to Washington for meetings with federal officials regarding recent derailments of crude oil unit trains, large freight railroads announced Friday they have agreed to quickly institute a series of voluntary steps to improve the safety of moving crude oil by rail. The measures, which were developed […]
The P3 Transit Time Analysis Report released Feb. 12 by the BlueWater Reporting research team contained a factual error in Fig. 12: Fastest Transit Times to/from North America, on page 16 in SECTION 2: Regional Port vs. Port Comparison Post P3 under Asia North—Busan, Tokyo and Yokohama. The fastest outbound transit time from Yokohama […]
