The trend of wider cooperation by container carriers may continue with the world’s fourth largest container carrier, Evergreen, saying it is looking at the possibility of creating a new alliance with members of the CKYH Alliance. The existing CKYH or “Green” Alliance members are Cosco, “K” Line, Yang Ming and Hanjin. In […]
The Georgia Ports Authority continues to make upgrades and grow cargo volumes at Savannah and Brunswick, but the local chapter of the American Society of Civil Engineers last month rated the state’s port a “C+”.
A boxship of Maersk Line lost a “significant number of containers” overboard during rough weather Friday, the Danish carrier said Tuesday. The Svendborg Maersk, with 8,160 TEUs, was hit by winds reaching 60 knots and waves of about 10 meters. The weather collapsed container stacks on the vessel, which led to boxes falling […]
“The two sides will establish a comprehensive strategic partnership and a resource-sharing mechanism in areas of shipping, terminal operation, logistics, shipbuilding, ship repair, etc.,” the liner companies said.
The Capitol Hill lawmaker pointed to four specific projects in Washington – Baker Bay, Chinook Channel, Kenmore Navigation Channel and the Quillayute River – as priorities for dredging and other maintenance.
Wallenius Wilhelmsen Logistics has started a new service from Spain to South Africa and Australia. Vessels will depart Santander, Spain, twice a month, and include extra capacity. The vessels will carry cars, rolling equipment and breakbulk. “WWL is excited to support manufacturer needs for ocean transportation from Spain to South Africa and […]
Maersk Line will offer service to Georgetown in Guyana and Paramaribo in Suriname using its “Calypso feeder,” starting next month. The company said it will serve the markets on a weekly basis by deploying its own dedicated tonnage via its hub in Panama. The rotation for service includes Manzanillo (Panama), Guanta (Venezuela) […]
Sen. Ron Wyden, D-Ore., last week took the reins of the influential Senate Finance Committee. He replaces Max Baucus who didn’t plan to run for reelection this fall and was recently confirmed by the Senate to be ambassador to China. Wyden gave up his chairmanship of the Energy and Natural Resources Committee to head Finance. Mary Landrieu of […]
A joint venture between Rickmers Group and Apollo Global Management has purchased six Panamax container vessels from Hamburg Süd for $176 million. The ships, have been chartered back to Hamburg Süd for a period of three years. The 2007-built Bahai and its sister ships have nominal capacities of 3,630 TEUs, which includes 844 reefer […]
Maersk Line said it will begin offering service this month between East Coast ports in North America and South America by transshipping cargo through Algeciras, the Spanish port on the Bay of Gibraltar.
After phasing in operations during the past year, airport employees and Cathay Pacific cargo executives have officially celebrated the grand opening Monday of the carrier’s new cargo facility at Hong Kong International Airport.
Customs and Trade Services, a textile and apparel broker based in Miami, has opened an office in Burlington, Wis., near Milwaukee. The company said in a release that the new office will enhance business relationships with clients in the area. Robert Whitley will lead the office.
Young James Young, chairman of Union Pacific, has died at 61 after a battle with pancreatic cancer. Young, a lifelong resident of Omaha, Neb., was elected Union Pacific Corporation chairman in January 2007, and served as president and chief executive officer from 2005 to 2012. “Jim was an icon at Union Pacific […]
The Federal Motor Carrier Safety Administration is to formally establish the Commercial Driver’s License Drug and Alcohol Clearinghouse by listing it in the Federal Register, according to the organization.
Drewry said the container ship capacity on ultra large container vessels (ULCVs, or ships with capacity of more than 10,000 TEU) will increase by 31.4 percent this year, followed by a further 30 percent in 2015. The London-based consultant says in its Container Insight Weekly newsletter that “even though some of the deliveries […]
The Intermodal Association of North America is recommending that the U.S. Department of Transportation include freight intermodal connectors as part of the nation’s Primary Freight Network.
Hong Kong airline Cathay Pacific has agreed to pay shippers $65 million to settle a private class-action lawsuit alleging price fixing of air cargo transportation between 2000 and 2006, according to Hausfeld LLP, one of the law firms representing the claimants. Eight years ago, competition authorities in the United States, European Union, Australia, […]
New Jersey’s Commissioner of Transportation said last week he had tried to arrange for a waiver to the Jones Act so that he could arrange a shipment of road salt from Searsport, Maine, to Newark on a foreign-flag ship to alleviate a shortage of salt. The Jones Act requires that cargo shipped between […]
Dave Brooks. Ram Menen. Both leaders were mainstays in the air cargo arena — Brooks, former head of American Airlines’ cargo operations, and Menen, the long-time cargo boss at Emirates Air Line who shepherded the cargo program from its infancy. Brooks retired in 2012, and Menen followed shortly thereafter, settling into retirement in Luxembourg […]
In this decision (Estes Express Lines v. U.S. Federal Circuit. No. 13-5056. Jan. 3.), the U.S. Court of Appeals for the Federal Circuit reversed the Court of Federal Claims and remanded a case for further proceedings, siding with a trucker seeking to recover funds from the federal government. Estes Express was seeking to […]
