The U.S. and Moroccan governments Thursday signed a Trade Facilitation Agreement with a focus on improving transparency of customs practices between the two countries. The deal builds on the United States-Morocco Free Trade Agreement.
The U.S. Department of Transportation announced that a $275 million loan under the Transportation Infrastructure Finance Innovation Act (TIFIA) has been issued to Georgia to build new reversible lanes along Interstates 75 and 575. The 29.7-mile-long project will relieve congestion along the heavily trafficked corridor during morning and evening peak periods, DOT said. […]
A Port of Cleveland official said the service will be the “fastest and greenest route” between Europe and North America’s heartland, allowing regional companies to potentially ship goods four days faster than using routes via East Coast ports.
CSX has designated the Wasden Road/I-65 industrial site in Montgomery, Ala., a CSX Select Site, and announced that a counter manufacturer will build its first U.S. facility at the Belfast Commerce Centre, a new site in Bryan County, Ga.
UPS will increase its ground and air freight rates for shipments between the United States, Canada and Puerto Rico by an average of 4.9 percent starting Dec. 30, while DHL will raise its rates by 3.9 percent in the U.S. starting Jan. 2. In June, UPS implemented a general rate increase for […]
Paul N “Chip” Jaenichen, the acting head of the U.S. Maritime Administration (MarAd), told the U.S. Senate Committee on Commerce, Science, and Transportation that if he is made the permanent Maritime Administrator he intends to focus on identifying ways to revitalize the U.S. Merchant Marine. At a nomination hearing on Thursday, Jaenichen said, […]
Diamond Logistics Northwest has leased 18 acres from the Port of Quincy, an inland intermodal port in Washington state, to expand its capability for cross-docking and consolidating perishable loads, the company recently said. The property is located in the Port of Quincy’s Industrial Park #6 and is next to the new Amway Nutrilite […]
Rupert Hogg has been selected as the new chief operating officer of Cathay Pacific Airways and will take up the position from Ivan Chu in March. Hogg will also become a director of the airline. Chu has been promoted to the airline’s chief executive position, a move that was announced in August. The […]
“Despite October’s month-to-month decrease, we saw a very robust year-over-year increase; I’m seeing some good signs out of the trucking industry that suggests the economy may be a little stronger than we think,” ATA’s Bob Costello said.
U.S. authorities have seized more than 200,000 toy dolls from China at several ports of entry this year because of high concentrations of phthalates, a group of banned chemical compounds. U.S. Customs officers, assisted by the Consumer Product Safety Commission, confiscated 10 shipments valued at almost $500,000 at the ports of Chicago; Dallas; […]
Envirotainer has opened a service center in Singapore, and the company is planning to open offices in Vienna and Amsterdam by next summer. The Singapore location is the second office to be completely owned by the ULD firm, but it brings the company’s service to more than 50 airports. In addition to […]
Members of European Parliament have approved a deal with European Union states on the Connecting Europe Facility, which will have a budget of 29.3 billion euro ($39.45 billion) over the next six years. The facility will reserve 23.2 billion euro to improve transportation throughout Europe, with the goal of removing bottlenecks, streamlining cross-border […]
Bangladesh workers safety groups have come to agreement on criteria for fire and safety inspections in Asian garment factories, a course of action first proposed in September that was prodded on by public outcry after garment fires earlier this year devastated the region. The groups, under a common alliance, also agreed on new […]
Transpacific Stabilization Agreement members are adopting a two-step “guideline” rate increase that, when combined, would hike freight rates $500 per 40-foot container in December and January.
The Rotterdam Maasvlakte I terminal will modify five of its existing post-Panamax cranes so they can reach across 23 rows of containers and accommodate the latest generation of ultra-large container ships.
The Alliance for the Great Lakes is raising the alarm over plans to ship tar sands crude oil on the Great Lakes. In addition to supporting fisheries and tourism, many cities get their drinking water from the Great Lakes.
Containership owner Seaspan Corp. said this week that it plans to sell 3.5 million shares of Class A common stock that will be priced at $22 per share. Seaspan, which operates a fleet of 71 ships that it charters to major liner companies, said it will receive net proceeds of approximately $73.5 million […]
For the past three years, the incidence of theft has risen to a daily average of 10.5 thefts during the holiday weekend compared to the usual average of 2.6 thefts per day, according to FreightWatch International.
The organization has further postponed the start of a public hearing about adding longshore workers in the Port of New York and New Jersey from Nov. 25 to a yet-to-be-named date in December.
Drewry says the most recent edition of its Carrier Performance Insight report “revealed a disappointing drop in performance for both ship-level and container-level reliability.” The London-based consultant and publisher, which compares actual with estimated arrival times of containerships at eight ports around the world including Los Angeles/Long Beach and Norfolk, found reliability dipped […]
