Analysts expect an 8.4-percent drop in retail imports at domestic container ports in February compared to the same period in 2013, according to the Global Port Tracker. While noting that February is usually the slowest month of the year, the report predicts a drop to 1.17 million TEUs for the month. This drop […]
Great Lakes iron ore shipments fell by 37 percent in January when compared to the same period a year ago, finishing the month at 2 million tons, according to the Lake Carriers’ Association. The group said inclement weather, which forced trips that should have taken three days into week-long voyages, and delays at […]
Due to another spat of inclement weather, Delta cancelled 573 flights throughout the Southeast Tuesday and by that afternoon had already pulled the plug on 1,584 flights scheduled for Wednesday.
Riker McKenzie, Local 333 president, said the contract was rejected by a vote of 416-140. He added that members of the union will continue to work and while the union tries to negotiate a “fair and equitable contract.”
The Florida East Coast Railway has begun installing rail tracks and crane pads for a ship-to-rail terminal slated to open this summer at Port Everglades in Fort Lauderdale, the port authority said Tuesday. Florida East Coast (FEC) signed a 30-year concession in 2012 to build and operate the 43-acre near-dock intermodal container transfer […]
The Port of Charleston increased the amount of cargo moving in and out of the port by rail by 18 percent last year to nearly 145,000 containers, the South Carolina Ports Authority reported Tuesday.
Donjon Shipbuilding and Repair, located in Erie, Pa., has entered a contract to construct a 185,000-barrel coastal petroleum and chemical barge for Seabulk Tankers. The barge will become a component of Seabulk’s articulated tug-and-barge vessel. Delivery is expected by the first half of 2016.
Genesee & Wyoming experienced a weaker-than-expected fourth quarter in 2013, according to its chief executive officer, though income numbers show significant gains from the year before. Total operating revenues for the year jumped 72 percent to $391.7 million. Adjusted income from operations increased 65 percent to $95.7 million, and reported income leaped by […]
C.R. England has signed a multi-year liquefied natural gas agreement with Shell to replace its existing diesel trucks with LNG-powered trucks, which will service Southern California.
Saudia Cargo will operate four extra freighter flights from Nairobi to Amsterdam this month in order to meet the higher demand for flower exports, the company announced Wednesday. “Over the last year, Saudia Cargo has significantly increased its scheduled capacity in the Kenyan export market by 40 percent,” stated Ken Mbogo, regional sales […]
BNSF announced last week a capital commitment plan for 2014 of $5 billion, which it said is a record plan and a $1 billion increase over its expenditures in 2013. The railroad will spend $2.3 billion on network upgrades, $1.6 billion on equipment purchases, $900 million for terminal and other expansion, and $200 […]
To download this report you must be an American Shipper Global Schedule Subscriber, a BlueWater Reporting Individual Subscriber or a BlueWater Reporting Corporate Subscriber or you may purchase the report directly by visiting https://www.bluewaterreporting.com/p3transittimeanalysis […]
“Build it and they will come” is not a viable strategy for container terminals. Investors are unlikely to make loans on the assumption that a good idea for a cargo hub will attract enough business to provide a return on investment.
Athens-based Danaos, whose stock is traded on the New York Stock Exchange, said it had a loss in the fourth quarter of 2013 of $4.2 million compared to a loss of $116.5 million the same 2012 period.
National Shipping of America, which operates a fortnightly service between Houston, Port Everglades, and Puerto Rico, is partnering with Rickmers-Linie (America) to expand breakbulk service to Puerto Rico.
Maersk Line is returning the 14 ships it had on charter from the German KG fund MPC Flottenfonds III. The ships ranged in size between 3,604 TEU and 4,224 TEU, and they were delivered between December 1991 and March 1995. Maersk acquired the ships as part of its purchase of P&O Nedlloyd in […]
UPS has purchased Polar Speed, a U.K.-based provider of pharmaceutical supply chain solutions, the company announced Tuesday. UPS said the purchase of the company — which uses a temperature-controlled fleet to deliver products to hospitals, pharmacies, wholesalers and surgery centers — is part of its strategy to offer more solutions to customers in […]
Twenty six states experienced export growth in 2013, with 16 of them setting new sale records, according to the Commerce Department. Total exports reached $2.3 trillion in 2013.
The U.S. Federal Motor Carrier Safety Administration has declared two truck drivers imminent hazards to public safety and ordered them to not operate any commercial motor vehicles in interstate commerce. The moves continue an enhanced enforcement posture by the agency for the past two years to put dangerous motor carriers and drivers out […]
