The legislation would mandate that cargo pilots adhere to the Federal Aviation Administration’s new pilot fatigue guidelines, limiting the amount of continuous flying time for passenger pilots.
CT Strategies will operate as a subsidiary of Command Consulting Group, helping clients with border management, trade facilitation, supply chain security, intelligence targeting, and joining trusted trader partnership programs.
U.S.-flag Great Lakes freighters carried 9.8 million tons of dry-bulk cargo in October, an increase of 14.4 percent compared to a year ago, according to the Lake Carriers’ Association (LCA). The total was slightly ahead of October’s long-term average, but 1 percent below the 9.9 million tons the fleet moved in September, the […]
Hanjin Shipping said it had a loss of 317.6 billion ($297 million) South Korean won in the third quarter compared with a loss of 47.3 billion won in the same 2012 period. The company’s container business had a 47.8 billion won operating loss in the third quarter of 2013 compared to an 78.6 […]
“LNG technology has the potential to offer one of the most significant developments in railroading since the transition from steam to diesel in the 1950s,” Chief Operating Officer Oscar Munoz said in a statement.
Axel Mattern, the Port of Hamburg’s marketing chief executive officer, said he anticipates anticipates seaborne cargo throughput for the full year of up to 138.5 million tons. That would correspond to an almost 6-percent increase over 2012.
The Department of Defense said that Maersk Line Ltd., the U.S.-flag arm of Maersk based in Norfolk, Va., has been awarded a $73,677,038 firm-fixed-price contract for the time charter of one U.S.-flagged, twin-shaft vessel, which shall function as a maritime support vessel for the Military Sealift Command. MSC said the ship is the […]
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service is considering which pests actually pose a risk to the country’s agriculture sector when found in imported goods at ports of entry. “We have determined that it is no longer appropriate or necessary to take such action on some plant pests,” the […]
CEVA has secured a contract to transport monthly shipments of oversized oil and gas assembly valves for Brazil-based Petrobas through December 2014. The ocean shipments will route from the Port of Tilbury to Rio de Janeiro on a ro-ro vessel. “CEVA has been the official freight management provider for the Petrobras Exploration […]
Negotiations between YRC Worldwide and the International Brotherhood of Teamsters are officially on, as the carrier is looking for a new five-year contract, which would help stem its losses and reduce its debt.
If it sometimes seems as though the momentum of e-commerce in North America has the force of a runaway train, chew on this: e-commerce sales in China are estimated to surpass those in North America this year. Indeed, China’s consumers have taken to buying online as quickly as multinationals took to producing goods […]
Non-asset based companies that manage domestic freight moves are a growing force within the trucking sector as they move beyond dry-van truckload and become a go-to resource for smaller shippers, analysts say.
Quarterly revenue of $14.6 billion for the group was down less than 1 percent, and the company said increased profit was achieved at all its businesses except Maersk Oil and Damco.
In the bankruptcy filing, the company said the Air Mobility Command’s decision to cancel expansion flying for next year will cut into revenues and create overcapacity in the military cargo charter industry.
The American Institute for International Steel has appointed Richard Chriss as its new executive director, replacing David Phelps, who is retiring. Phelps served as the AIIS executive director and later president for the past 17 years. Chriss’s previous assignments include managing international trade policy for Sen. Charles Grassley from 1999-2003 and also […]
In the third quarter, Deutsche Post DHL experienced a 3.4-percent jump, year over year, in adjusted revenues during the third quarter due to higher volumes in the German parcel business. Operating earnings ended the quarter at 646 million euro, a 7-percent rise compared to the third quarter of 2012, and net profit ticked […]
Piraeus Container Terminal (PCT), a wholly-owned subsidiary of COSCO Pacific Limited, and Piraeus Port Authority have proposed to amend a 2008 concession agreement relating to Piers 2 and 3 in the port. COSCO’s law firm, Holman Fenwick Willan, said, “If the proposed amendments to the concession agreement are approved by the Greek Court […]
The airlines will divest 52 slot pairs at Washington Reagan National Airport, 17 slot pairs at New York LaGuardia, and two slot pairs each at airports in Boston, Chicago, Dallas, Los Angeles and Miami.
The National Transportation Safety Board last week recommended Department of Transportation audits of the Federal Motor Carrier Safety Administration‘s oversight process in the wake of four deadly crashes that the agency investigated. It said the findings from those investigations raise serious questions about the monitoring and enforcement of compliance with motor carrier and bus […]
“Heartland acquires a major presence in the West, affording the combined customer base significant capacity nationwide through what is expected to be one of the five largest asset-based truckload fleets in North America,” the CEO said.
