The major rewrite of pilot training rules stems in part from the crash of a Colgan Air commuter plane in icy conditions in 2009 and a subsequent congressional mandate to enhance pilot training.
The $1.5 billion replacement of the Goethals Bridge calls for a six-lane, cable-stayed bridge with five-foot-wide shoulders. More than $30 billion in goods is said to cross the bridge each year.
Horizon’s president said the improvement was “driven largely by reduced vessel charter expense, increased non-transportation revenue, lower dry-dock transit and crew-related expenses, and reduced overhead.”
The company’s freight brokerage business generated a revenue of $152.6 million, a 374.4-percent increase from the 2012 period, and revenue for the expedited transportation segment ticked up 5.7 percent to $25.1 million.
The container terminal has a designed capacity of 2.8 million TEUs and is designed to service the world’s mega container vessels. The terminal is expected to commence operations in 2014.
Expeditors International of Washington said it had a profit of $92.4 million in the third quarter of 2013, 4-percent more than the $88.5 million earned in the same 2012 period. Total revenues of around $1.5 billion for the third quarter were about the same as in the same 2012 period, up less than […]
If the carriers want the Department of Justice to drop its antitrust lawsuit opposing the carriers’ $11 billion merger, the airlines will have to agree to a few concessions, according to Attorney General Eric Holder.
Clean Energy Fuels Corp. said last week that it has placed a purchase contract on property in Jacksonville, Fla., where it hopes to build a liquefied natural gas (LNG) fuel terminal. Clean Energy said it would be the first LNG facility on the Eastern seaboard to specifically supply LNG for the maritime, heavy-duty […]
CBP deploys latest ACE functionality. U.S. Customs and Border Protection said it successfully deployed on Saturday its first batch of functionality developed using the Agile software development methodology for the Automated Commercial Environment. The agency was forced to postpone the rollout for a month because of the temporary government shutdown. ACE is Customs’ new enterprise […]
NYK and its Nippon Container Terminals subsidiary are acquiring a 12.5-percent stake in Yang Ming’s Kao Ming Container Terminal Corp. (KMCT). KMCT was established as a build-operate-transfer project under the Port of Kaohsiung’s Intercontinental Container Terminal BOT Project with the Kaohsiung Harbor Bureau, which is overseen by Taiwan International Ports Corporation Ltd. The […]
Old Dominion Freight Line has relocated its Albuquerque facility, expanding its space by 40 percent to a 41-door development. The 43 employees in the facility will handle a variety of cargo related to the energy and technology fields, according to an Old Dominion press release. “We’re extremely proud of our state-of-the-art facility, […]
Damco has opened a new warehouse in Semarang, Central Java. The warehouse is Damco’s fourth container freight station (CFS) facility in Indonesia and the second in Semarang. The company’s expansion is to support the strong growth of the footwear and apparel industry in Central Java. Damco Indonesia is partnering with Monang Sianipar Abadi […]
The U.S. government has raised its import regulations regarding bovine spongiform encephalopathy to international standards. Officials say this will allow the government to press for trade to nations that don’t accept U.S. beef.
Florida Attorney General Pam Bondi met Friday with Tom Horton, American Airlines’ president, to talk about the proposed merger between American and US Airways. Bondi supports the Department of Justice’s antitrust lawsuit.
European Union and U.S. officials will meet in Brussels from Nov. 11 to Nov. 15 for the second round of Transatlantic Trade and Investment Partnership talks, which had to be delayed due to the government shutdown. The second round was originally scheduled for the middle of October. Topics for the November discussions […]
Drewry said the P3 carriers are projected to maintain or improve headhaul vessel speeds, and the firm expects competitors “to follow P3’s speed improvement on headhaul routes in 2Q 14 whether these carriers can afford it or not.”
The Port of Jacksonville and long-time tenant Trailer Bridge, Inc., have signed a new 10-year lease contract, which includes two additional five-year options. The agreement continues the company’s operations on approximately 32 acres at JAXPORT’s Blount Island Marine Terminal. Jacksonville-based Trailer Bridge has operated at JAXPORT since the company’s founding in 1991. The […]
The Ontario Ministry of Environment has proposed a rule that would require trucks to run on diesel blend that included 2-percent biodiesel starting April 1. In 2016, the mandate would increase to a 4 percent blend of fuel made from algae, canola, yellow grease and other sources. Aviation fuel is not covered by […]
By Chris Dupin and Eric Kulisch Officials held a ceremony Friday to publicize the California Green Trade Corridor, a container-on-barge service that operates between the ports of Stockton and Oakland. The service initially started with trips between Stockton and the Ports America terminal in Oakland, but now two barges are making weekly […]
The Shanghai Container Freight Index spiked upward on Friday, reflecting general rate increases being implemented by many carriers. Container spot rates increased for the sixth time in the past two years, according to Jefferies.
