Old Dominion Freight Line has relocated its Albany, N.Y., service center to a larger upstate facility, the company announced Monday. “With 33 additional doors, this state-of-the-art service center will help us keep up with strong demand for LTL services in the region,” stated Mike McGinness, manager of the Albany Service Center. “We look […]
About one in three containership sailings between China and North America were pulled by carriers during the week of Feb. 3-9, according to BlueWater Reporting, which has launched a new application that generates an analysis of vessel sailings skipped on a week-to-week basis by trade route. For the trade from China to North […]
The commissioners of the Port of Portland, Ore., will consider a program to spend up to $4 million on incentives to keep container carriers calling the port when they meet on Wednesday.
The P3 carriers — Maersk, MSC and CMA CGM — have provided the Federal Maritime Commission with additional information on their proposed vessel sharing agreement, according to the FMC. The agreement will now go into effect in 45 days unless the FMC seeks to block it with an injunction. “The commission is now […]
DB Schenker’s new “Asia Landbridge” service will help speed up freight transportation across Asia, the company announced Monday. “Our network for this new product covers China and the ASEAN countries of Singapore, Malaysia, Thailand, Myanmar, Cambodia, Vietnam and Laos,” stated Thomas Lieb, chairman of the Schenker AG board of management. “These countries rank amongst the fastest-growing […]
FedEx has expanded its time-sensitive offering, SenseAware, to 14 new countries in Europe, and at the same time, DHL has announced that it has launched a new temperature-sensitive service between Brussels and Cincinnati, Ohio. The FedEx service, which aims to provide real-time visibility for high-value and other sensitive products, is now offered in […]
During 2013, Virgin Atlantic Cargo experienced gains in tonnage, revenue and market share due to increased U.S. to India traffic, U.S. business gain and greater perishables traffic, according to a news release. Dan Parker, vice president commercial at Virgin Atlantic Cargo, stated, “The transatlantic market remains highly competitive but for us, 2013 was […]
Total intermodal shipments increased 4.6 percent in 2013 to 15.5 million containers and trailers (of all sizes) and were up 7 percent in the fourth quarter to just shy of 4 million containers and trailers, said the Intermodal Association of North America (IANA). Domestic container volume — which doubled over the past 10 […]
The Panama Canal Authority and the contractor for the biggest portion of the waterway’s expansion project made counter proposals Friday to try and resolve a billing dispute that has led to the suspension of work. The Panama Canal Authority (ACP) last Tuesday broke of talks after more than a month of discussion failed […]
The Panama Canal Authority said Saturday it fined representatives for a North Korean freighter more than $693,000 for failing to properly declare its cargo, as required by regulation. The independent agency said it released the ship, the Chong Chon Gang, after the payment was received.
FedEx Trade Networks has named Jack Muhs president and chief executive officer, replacing Fred Schardt, who retired after leading the freight forwarding arm of FedEx since October 2009. According to FedEx, Schardt stepped down after more than 42 years in the business to spend more time with family. Muhs, who started his […]
“This initiative is charged with bringing together federal resources to help rural businesses and leaders take advantage of new investment opportunities, and access new … markets abroad,” the White House’s Rural Council said.
Shipment volumes and freight expenditures continued their decline in the new year, with a “bumpy ride” predicted for the future, according to January’s Cass Freight Index Report.
A large fire that began in a warehouse filled with rubber at the Port of Savannah’s Ocean Terminal is now fully extinguished, the Georgia Ports Authority said in a bulletin issued Sunday.
Contractor Grupo Unidos por el Canal said Thursday it offered a new compromise proposal intended to help meet the Canal Authority’s demands.
The proposed contract largely deals with work on automobile, cruise and forest product ships. A six-year master contract for working container ships was approved by the union last year.
The Port Authority of New York and New Jersey says construction to raise the roadway of the Bayonne Bridge is “well under way and continues to accelerate at a brisk pace.”
Hans Jakob Kruse, who served as chairman of Hapag-Lloyd’s executive board for two decades, died Tuesday in Hamburg. Kruse, 84, was chairman from 1973 to 1993. “Hapag-Lloyd is mourning the loss of a visionary and beloved chairman, whose substantial contribution shaped our company as well as the global shipping industry,” said Michael […]
Opponents of the practice of the demolition of old ships on beaches in Southeast Asian countries took their campaign to the headquarters of the German Shipowners Association in Hamburg Friday.
Tropical Shipping, a specialist in moving cargo to destinations in the Bahamas and Caribbean, had flat operating earnings in the fourth quarter, but a 50-percent increase in earnings before interest and tax (EBIT) for the full year. EBIT was $9 million in the fourth quarter of 2013 — the same as in the […]
