In a letter to the European Parliament, the World Shipping Council claimed the EU’s rationale for vessel emissions regulations appears varied and unclear.
The U.S. Export-Import Bank had a record year for small businesses, approving more than 3,400 small-business authorizations, according to its annual report released Friday. “I am proud to announce that nearly 90 percent of the bank’s transactions in FY2013 were for small businesses — an all-time high,” said Ex-Im Bank Chairman and President […]
Natural gas fueling infrastructure continues to sprout up around the country, enabling trucking companies to take advantage of the cheaper, cleaner-burning alternative to diesel fuel. U.S. Oil recently announced that it will build a compressed natural gas station in Fort Wayne, Ind., based on a use commitment by anchor customer Dart Transit, a […]
The Tampa Port Authority announced Friday that the port’s board of commissioners has approved a terminal use agreement with its new strategic partner AMPORTS to process new automobiles, trucks and other vehicles for delivery by truck and rail to Southeast markets within and outside of Florida. In July, the Tampa Port Authority and […]
United Arab Shipping Co., which has nearly doubled U.S. cargo volumes this year, plans to consolidate most jobs, including employees from its U.S. headquarters of United Arab Agencies in Cranford, N.J., to Atlanta next summer. Anil Vitarana, president of United Arab Agencies, said about 150 of its 170 jobs, including most back office […]
Descartes acquired Impatex Freight Software for $8.3 million and the business-to-business supply chain integration and e-invoicing solutions provider Compudata for $17.9 million.
The first meeting of the Port of New York/New Jersey’s Port Performance task force is scheduled for today. The port authority earlier this month established the advisory group of industry stakeholders to identify problems with the efficient movement of cargo and to recommend solutions. The task force will examine areas such as terminal optimization, […]
Ecu-Line, a non-vessel-operating common carrier based in Antwerp and subsidiary of the Avvashya Group in India, has partnered with FCL Marine Agencies in Rotterdam. FCL Marine is a neutral NVO specializing in full containerloads, while Ecu-Line’s primary market is less-than-containerload shipments. Both NVOs draw their freight from forwarders. Ecu-Line said it will […]
NYK will launch a new South Pacific Link (SPL) service between the Far East and the South Pacific islands beginning in January. The vessels in the new SPL service will be operated by NYK Bulk & Projects Carriers. The SPL service will be operated using multipurpose semi-container vessels that will make 72-day round […]
The Long Beach Board of Harbor Commissioners, which oversees the Port of Long Beach, has elected Doug Drummond as its new president after the city council last month voted to dismiss former board president Thomas Fields. In addition to Drummond’s election, the board also voted Rich Dines as vice president and Lori Ann […]
CMA CGM will have a new call in Takoradi, Ghana, on its PC South service, which connects Libreville and Port Gentil in Gabon, and Takoradi in Ghana, to Europe, the Mediterranean, India, the Middle East and North America via the Tanger Med terminal. According to a press release, the new rotation will take […]
Cargo shippers at a handful of ports of entry could see fewer lines to clear U.S. Customs thanks to five localities that have stepped up and offered to pay overtime so the budget-strapped agency can operate longer hours or add manpower.
It is the highest quarterly growth for the U.S. economy since the recession five years ago and, along with unemployment falling below 7 percent, signals that the pace of economic recovery is quickening.
China has issued a new document to clarify value-added tax measures that went into effect in Aug. 1, which have caused concern in the shipping and logistics industry both here and in China.
A report on large container ship safety, growing out of the loss of the container ship MOL Comfort, which broke in half June 17, has been released, setting visual safety inspection and weight verification recommendations.
The U.S. Export-Import Bank has approved a $694.4 million loan to Roy Hill Holdings of Australia that is contingent upon the purchase of U.S. mining and rail equipment from Caterpillar, GE and Atlas Copco. Export credit agencies of several other countries have obtained preliminary or final approvals for the Roy Hill transaction, according […]
The International Civil Aviation Organization (ICAO) and the International Air Transport Association (IATA) announced Thursday the establishment of a new global training alliance that will enhance air transport training and learning resources in the event of the anticipated global shortages of skilled air transport personnel. Current forecasts show the aviation system doubling in […]
By Walter Kemmsies, chief economist, Moffatt & Nichol Last month’s column laid out a base case outlook for 2014, and so this month the focus is placed on various key factors that are unlikely to happen but should not be totally discounted…
By Eric Kulisch and Jon Ross Liquefied natural gas seen as viable propulsion fuel for freight sector. Transportation industry interest in liquefied natural gas to power cargo vessels, barges, trucks and railroads is growing rapidly in response to the high price of petroleum fuels and new environmental regulations aimed at curbing harmful emissions and greenhouse gases. […]
Deciding on which TMS is right is often about how much control a shipper wants and how much trust it has in its 3PL. On the road from turning manual processes into automated ones, shippers often see transportation management as a first logical step to address. Yet according to industry estimates, fewer than […]
