The European Shippers’ Council and the Asian Shippers’ Meeting said they have “agreed to take their cooperation to the next level,” according to a statement after a meeting last week in Chiang Rai, Thailand.
Shipper groups are expressing reservations over the plan by the three largest container carriers — Maersk, MSC and CMA CGM — to form a P3 alliance to operate on the major east-west trade lanes. “As an alliance, it is too big. With 255 vessels totaling 2.5 million TEU, the P3 will be dominant […]
C.R. England, the largest refrigerated motor carrier in North America, last month began using patented TrailerTail technology from ATDynamics on its latest order of new trailers to help improve aerodynamics and fuel economy. The Salt Lake City company previously utilized side skirts to improve fuel efficiency of its diesel trucks by 5 percent. […]
Cargolux will expand its reach into Africa to 13 destination when it adds Boeing 747 service from Luxembourg to Bamako, Mali, on Dec. 5. Officials expect the weekly flights to be loaded with freight from the healthcare, telecommunications and natural resources sector. They also expect a fair amount of perishable traffic, but are […]
The Port of Oakland Truckers Association said that as many as 800 drivers may not be able to work at the port after Jan. 1 because of California clean air regulations that will require trucks to have 2008 or newer engines.
The ruling by the U.S. Bankruptcy Court for the Southern District of New York means the carriers can go ahead and merge despite the presence of a private antitrust lawsuit. Carrier officials have said the merger will be implemented Dec. 9.
A dedicated, refrigerated shuttle-train service that was supposed to start transporting perishable products directly between the Port of Tampa and an inland port in Indiana as of October has still not gotten off the ground. The Green Express is a start-up transportation wholesaler that is developing the service to move produce and other […]
A CSX railcar carrying styrene monomer, a chemical used in plastics manufacture, has derailed near Willard, Ohio, and had been leaking, causing residents to evacuate from around the crash site. In a statement, CSX said it had worked with first responders to stop the leak, which was caused by a derailment at the […]
Holt Logistics Corp. said Tuesday that Bermuda Container Line (BCL) will move its U.S. port of call from Elizabeth, N.J., to Holt’s Packer Avenue Marine Terminal in Philadelphia in the first quarter of next year. BCL offers weekly service between the U.S. and Bermuda, and has been in operation since 1979. Its ship, […]
DHL Global Forwarding has signed a three-year renewal contract with CSafe Global, a producer of actively controlled mobile refrigeration units, for use as part of the DHL Thermonet offering. The integrator launched DHL Thermonet, an air cargo offering targeted at the healthcare industry, in June. The service allows users to track the temperature […]
LATAM Airlines Group is predicting a rise in profitability and a rise in operating margin of between 6 percent and 8 percent in 2014. The airline expects cargo capacity to stay relatively the same compared to 2013, predicting growth of between -2 percent and 0 percent after growth this year of between 0 […]
Mesher, who has led Descartes through a financial renaissance since taking charge in 2004, is leaving due to “health and personal issues,” the company said. He will be replaced by Ed Ryan, the company’s current chief operating officer.
Annoyed by the traction that the railroad industry has gotten with its ubiquitous “Freight Rail Works” advertising campaign, motor carriers have decided to use the media too to put their best face forward to the public and politicians. Last month, the American Trucking Associations, Owner-Operators Independent Drivers Association, National Tank Truck Carriers, Truckload […]
The Port of Miami is scheduled to receive its first container of grapes from Peru on Sunday, according to the port authority. A cold treatment pilot program commenced in October, making possible the direct import of grapes and blueberries from Peru and Uruguay. Until now, imports of fruits from tropical climates had to […]
A proposal announced earlier this week by the European Commission to triple the continent’s spending to promote exports of EU agricultural and agri-food products has U.S. producers requesting that Congress respond in kind.
The U.S. Export-Import Bank has approved a $61.1 million direct loan to Inversiones Eolicas de Orosi Dos S.A. (Orosi), a subsidiary of Central American wind-generation company Globeleq Mesoamerica Energy, to buy wind turbine generators manufactured by Gamesa in Fairless Hills, Pa. The authorization represents Ex-Im Bank’s first wind industry transaction in Costa Rica and […]
Weatherford International Ltd. in Houston and four of its subsidiaries have agreed to pay a $50 million civil penalty following allegations that the company illegally exported oil and gas equipment to Iran, Syria and Cuba, said the U.S. Commerce Department’s Bureau of Industry and Security. In specific, the company violated the Export Administration Regulations (EAR) […]
Representatives to the World Trade Organization’s General Council held the “most intensive” negotiations in Geneva since July 2008, but final agreements remain elusive in the face of the Bali Ministerial Conference on Nov. 26, said WTO Director-General Roberto Azevêdo. “Over the last few days, we stopped making the tough political calls,” Azevêdo said […]
The construction market for domestic transportation infrastructure will grow to $135.8 billion next year, up 5 percent from $129 billion in 2013, according to the American Road & Transportation Builders Association.
The 26,500-DWT ships, which are being built by VT Halter Marine, will have a cargo capacity of approximately 2,400 TEU, with additional space for nearly 400 vehicles. They are due for delivery in the second and fourth quarter of 2017.
