Several ports as far south as Texas are closed Tuesday because of a bad blast of winter weather that includes freezing rain, snow, ice, high winds and 10-foot seas offshore in the Gulf.
APL is reminding shippers of Japan’s 24-hour rule that requires manifest information to be submitted 24 hours before vessel’s departure for cargoes destined or transshipped via Japan ports. Japan’s rule essentially marries the requirements of the U.S. advance manifest rule with the Importer Security Filing, which requires data from importers about their business […]
Hanjin Shipping said Tuesday that it had a net loss of 680.2 billion South Korean won ($631 million) and an operating loss of 242.4 billion won ($225 million) in 2013 compared to a net loss of 638 billion won and operating loss of 109.8 billion won in 2012. Sales in 2013 amounted to […]
The Port of Hueneme has extended a contract with Global Auto Processing Services (GAPS) through Jan. 31, 2019. This is the fifth modification of GAPS contract since it first began operating at the port in March 2007. GAPS Vehicle Distribution Center has 80 employees and more than 40 temporary workers. Port Chief […]
Following last year’s spill of molasses from a pipeline in Honolulu Harbor, state legislators in Hawaii are suggesting that fines or settlements go into a fund to be used for coral reef restoration. The Associated Press reported that in addition to a special fund for Hawaii’s Department of Land and Natural Resources, lawmakers […]
The Port of Tampa is now called Port Tampa Bay, part of a re-branding effort designed to emphasize the port’s regional reach beyond the city and attract more business from shippers and carriers.
YRC union employees have ratified an extension to the company’s current collective bargaining agreement, weeks after rejecting an initial proposal from the company.
The Port Authority of New York and New Jersey said 150 longshoremen “are in the process of being hired” despite ongoing litigation. Seventy five checkers will also be hired.
“FTR now assumes that FMCSA will delay most of the next round of planned regulatory changes affecting trucking,” and this has resulted in a lower Trucking Conditions Index forecast for the next two years, the firm stated.
Hapag-Lloyd said Monday it will transfer the U.K. call of three services from Tilbury to DP World’s London Gateway terminal. Hapag-Lloyd said the three services are the Chile – Peru Express (SW1), Brazil – River Plate Express Service (BPX), and Indian Ocean Service (IOS).
The Georgia Ports Authority experienced an 8-percent growth in total tonnage in the first six months of fiscal year 2014, it reported Monday. GPA Executive Director Curtis Foltz reported that from July to December 2013, it moved 14.36 million tons of cargo, up from 13.3 million tons year over year. “Strong volumes […]
The logistics solutions provider Descartes Systems Group said Monday that the Rotterdam-based tank terminal storage company Botlek Tank Terminal (BTT) is using Descartes for European customs connectivity and compliance capabilities. BTT’s core business ranges from the storage of grains to the storage of oils. “In the European oil storage business, the communication and exchange […]
It appears that the container shipping industry finished 2013 with strong container volumes. The Container Throughput Index of the Rhine-Westphalia Institute for Economic Research (RWI) and Institute of Shipping Economics and Logistics (ISL) hit its highest value ever — 119.9 — in December. The two organizations began publishing the monthly index two years […]
China Shipping issues profit warning
China Shipping Container Lines has issued a profit warning to its shareholders. The liner company said Monday that based on a preliminary estimate by its finance department, it expects to record a net loss of 2.63 billion Chinese yuan renminbi ($435 million) in 2013 based on China Accounting Standard for Business Enterprises. It […]
Forward Air Corporation has signed an agreement to purchase Central States Trucking Company and Central States Logistics, it announced Thursday. Bruce Campbell, chairman, president and chief executive officer of Forward Air Corporation, stated, “We are very excited about the acquisition of CST. For a number of years, we have had the desire to […]
The parent company of OOCL provided an early peek at what the end of 2013 might have looked like for the container industry as it released an unaudited fourth quarter operational update on Friday. OOCL carried 1,395,794 TEU in the fourth quarter of 2013, up 10 percent from the same period last year, […]
Port of Seattle Chief Executive Officer Tay Yoshitani confirmed Thursday at an industry event in Tampa, Fla., that he will retire at the end of June when his contract expires. He has led the Port of Seattle since March 2007.
By sharply reducing its debt and continuing to reduce expenses, container carrier Zim believes it will be able to stay on course, even if the container shipping industry continues to experience stormy economic seas.
The international consortium building a new set of massive locks for ocean-going vessels through the Panama Canal said talks to resolve $1.6 billion in disputed cost overruns will continue through Feb. 1.
