The Intermodal Association of North America (IANA) this week announced a pilot program undertaken in collaboration with the Federal Motor Carrier Safety Administration (FMCSA), aimed at improving lag times between the issuance of a roadside inspection report to a driver and delivery of the report to intermodal equipment providers and motor carriers. The […]
Robert Bugbee, president of Scorpio Tankers, has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2014. The 2014 Commodore Award will be presented to Bugbee on March 19, 2014, at the dinner marking the conclusion of the annual CMA conference and trade exposition at the Hilton Hotel in Stamford, […]
U.S. Customs and Border Protection has created a new industry committee to provide advise on issued related to trade and immigration user fees, port staffing levels and inspectional services, the agency announced Monday. Committee members represent the trade and travel industries that pay a customs, immigration or agriculture user fee. The CBP User […]
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Sens. Mark Warner, D-Va., and Roy Blunt, R-Mo., on Thursday offered legislation to create an infrastructure bank designed to help states and localities attract private capital for building and maintaining the structural systems for transportation, water and wastewater, and energy networks. The BRIDGE Act (Building and Renewing Infrastructure for Development and Growth in Employment […]
Senior officials from the United States and Caribbean Community (CARICOM) met Friday to discuss enhanced cooperation in multilateral fora, an increased focus on intellectual property protection, development of e-commerce infrastructure, and removal of barriers to bilateral trade as important work to be done under the recently inaugurated U.S.-CARICOM Trade and Investment Framework Agreement (TIFA). Deputy U.S. […]
At Sweetwater, one facility will offer space for materials required to drill for shale oil and gas in the Permian Basin and Cline Shale formations, while the other will handle grain unit trains for feed distributor Cape & Son.
The logistics software provider Descartes last week released a new same-day delivery optimization product aimed at retailers and distributors. The system, unveiled at the company’s user conference in Miami, enables dispatchers to receive, automatically assign and execute orders throughout the day, placing pick-up or delivery orders on the routes best suited to meet […]
“U.S. agricultural exports from 2009-2013 increased by a total of more than $230 billion – and the average volume of bulk commodities exported increased by nearly 4 million tons per year,” Agriculture Secretary Tom Vilsack said.
Ken Uriu, marketing manager at the Port of Long Beach, said ports are eager to avoid an impasse such as that experienced in 2002, when a 10-day lockout of ILWU members shut down container terminals along the West Coast.
The global commodities shipper said it’s working with the classification society DNV GL, Royal Dutch Shell and international advisory firm Xyntéo to “evaluate possible ways to use LNG for dry bulk and tanker vessels.”
Air cargo rates on major east-west routes skyrocketed to $3.73 per kilo in October, jumping over September’s total of $3.24 per kilo, according to Drewry’s latest East-West Air Freight Price Index. The price increase is the largest Drewry has measured from month to month since it began its index in May 2012. Drewry’s […]
Market stability comes with slow growth for motor carriers, but are price hikes on the horizon? Business for U.S. trucking companies will taper off a bit in the next couple of years compared to the post-recession recovery since 2011 and costs will increase by 10 cents to 20 cents per mile over the next […]
U.S. Southeast, Northeast offer growth opportunities for industry. In the domestic intermodal market, many analysts and industry players point to the U.S. East Coast as the burgeoning hot spot for intermodal growth. The Southeast and Northeast have among the smallest shares of the regional intermodal market — the majority of the activity still occurs […]
Under the MAP-21 surface transportation legislation enacted last year, cargo brokers as of Oct. 1 must take out a $75,000 surety bond to ensure customers of their financial security. The bond amount previously was $10,000.
He will succeed John Reinhart, who will step down on Jan. 31, 2014, to become the CEO and executive director of the Port of Virginia. Bruner joined Maersk in 1989 and has been the president and chief executive officer of Maersk since 2004.
CEVA Logistics announced today that Marvin O. Schlanger will retire from his post as chief executive officer of the company on Jan 2., 2014, and will be succeeded by Xavier Urbain. Schlanger, who has served as CEO since October 2012, will remain non-executive chairman of the company board, a title he has held […]
Representatives from the New York Shipping Association, Waterfront Commission of New York Harbor, and the Port Authority of New York and New Jersey issued a terse statement that said “there was continued progress on port-hiring issues.”
Pritzker After a 13-city listening tour to get opinions from business leaders, entrepreneurs and employees, new Commerce Department Secretary Penny Pritzker on Thursday outlined a new policy strategy for creating conditions to help businesses succeed centered on trade, innovation and data sharing. Among the new initiatives in her “Open for Business” agenda are a revitalized […]
