The U.S. Maritime Administration said Thursday it will spend $1.4 million on two projects looking at use of liquefied natural gas as a fuel for marine propulsion. In the first project, MarAd will provide Horizon Lines, Inc., with $900,000 to assist in conversion of Horizon Spirit to operate on LNG and the monitoring […]
In October, American Airlines generated 167,881 cargo ton miles, an 18.6-percent increase over October 2012. The strong October results helped the carrier claim a year-to-date result of 1.498 million tons, a 2.2-percent increase, year over year. An antitrust suit brought by the Department of Justice to stop a proposed merger between American […]
Minjie China COSCO Holdings Co. Ltd. said Thursday in a notice posted with the Hong Kong Stock Exchange that it “has been informed by the controlling shareholder, China Ocean Shipping (Group) Company, that Mr. Xu Minjie, an executive director of the company, is under investigation by a relevant regulatory body.” On Friday, in a second […]
Biden Vice President Joe Biden and Secretary of Transportation Anthony Foxx toured CSX’s sophisticated Northwest Ohio Intermodal Terminal in Wood County on Wednesday, the latest stop by Biden to promote the need for infrastructure following visits to the ports of Baltimore, Savannah and Charleston in recent weeks. The CSX facility opened in 2011 at […]
U.S. Customs and Border Protection announced Wednesday that its annual Trade Symposium, postponed last month due to the government shutdown, has been rescheduled for March in the Washington, D.C., area.
Matson said Wednesday it has signed a contract to have Aker Philadelphia Shipyard build two new 3,600-TEU containerships for an aggregate price of $418 million. The new ships will be equipped with dual fuel engines that have the ability to burn liquefied natural gas (LNG); the vessels are expected to be delivered in […]
The company’s first service began two weeks ago, and Schneider will have the new program, which links three cities in Mexico to Chicago via a new interchange point, fully up and running by the end of next week.
At a meeting with the New York Shipping Association and Waterfront Commission of New York Harbor over hiring additional longshoremen there was “a great deal of progress,” according to the area port authority.
FedEx and the Export-Import Bank have partnered to provide small- and medium-sized U.S. exporters wider access to banking services. When a customer now talks to a FedEx representative, the shipper will be given information about how the Ex-Im Bank can help protect their goods in the international marketplace. If desired, the customer will […]
The cloud-based global rate management solution and confidential network provider CargoSphere said this week that Steam Logistics has implemented its system and achieved a 20-percent quote conversion rate. Steam provides ocean and air freight transportation services, forwarding, and customs house brokerage, and is an affiliate of Access America Transport, a third-party logistics provider. […]
The transportation division of Walker SCM, LLC, a Valley Stream, N.Y.-based global transportation and logistics firm has selected CargoWise to provide its enterprise transportation management system. Walker will use a customized version of CargoWise’s ediEnterprise system. “For years, we relied on a system that, although enhanced by developers, was no longer able […]
In a Nov. 5 meeting between the two parties, YRC Worldwide and the International Brotherhood of Teamsters agreed to enter into formal negotiations to extend their current contract.
The European Commission is looking into a 200 million pound ($321.42 million) loan for state-owned LOT Polish Airlines granted in June by the Polish government to see if the deal runs afoul of EU state aid rules. If the aid is deemed illegal, according to reports, LOT will have to file for bankruptcy […]
C.H. Robinson saw its total revenues increase by 15.1 percent in the third quarter, jumping from $2.88 billion in the 2012 period to $3.32 billion. For the first nine months of the year, revenues are up by 14.4 percent. The company’s ocean and customs segments showed the biggest net revenue growth during the […]
Triton Overseas Transport and FPS Rotterdam will launch a weekly LCL import service Nov. 15 from to Port of Rotterdam to the Port of Houston. The service will connect Europe to Arkansas, California, Louisiana, Oklahoma and Texas. “We are very excited to launch the new import service from Europe,” Triton’s chief executive […]
Freight shipments and expenditures fell in October by 3.5 percent and 2.6 percent, respectively, when compared to September’s results, according to Cass Information Systems, which blamed the government shutdown.
The 4,922-TEU containership MOL Caledon is expected to dock this evening at DP World’s London Gateway, making it the first ship to call the terminal, which is the first new port in the United Kingdom in 20 years. The ship, which is coming from Cape Town, will reach London at between 5 p.m. […]
The Mexican military and federal police have taken control of the port city of Lazaro Cardenas. CNN said a government spokesman told it that “the Mexican navy, army, federal police and attorney general’s office swept into both the port and city of Lazaro Cardenas on Monday, relieving local law enforcement of its duties.” […]
China Air Express Co and the U-Freight Group have linked up as strategic partners to see how they can expand services both internationally and domestically within China, with a focus on business-to-business cargo deliveries. By entering into the partnership, Beijing-based China Air Express gets to boost its network of expedited freight services, and […]
Abnormally wet conditions in the Midwest have led to high moisture levels in grain, which must be dried before it is stored to prevent rotting. Processors use propane gas to fuel grain dryers.
