Earlier this month, the Chinese government announced plans for a sweeping free-trade zone in China, a move with implications that would stretch far and wide. The biggest consequence of the FTZ for the liner shipping industry, however, would come from the allowance of foreign-flagged vessels to participate in some form in Chinese domestic […]
Total revenues at Werner Enterprises ticked up during the third quarter by 1 percent, year over year, to $511.73 million, while trucking revenues declined by 1 percent. So far this year, trucking revenues are down 2 percent to $955.06 million. On average, revenues per total mile increased by 2.4 percent during the quarter, […]
Executives at two of the top terminal operating companies in the world said this week that data is a problem that plagues their ability to make operations more efficient. “I think, generally, data we have to work with is way too poor,” Steen Knudsen, regional chief operating officer, Asia Pacific, for APM Terminals, […]
BNSF Railway has unveiled a 433-acre intermodal facility at the Logistics Park Kansas City. The facility has six tracks spanning 8,000 feet each; 4,300 container-stacking spots; and five gantry cranes. Officials peg the initial lift capacity for the facility at 50,000 truck containers; down the road, expansions could grow this capacity to 1.5 […]
Legislation signed earlier this week by President Obama to reopen and fund the federal government through January 15, 2014, also contains a provision to fund the Maritime Security Program at $186 million. USA Maritime, an organization of carriers and unions that supports and lobbies for the U.S.-flag shipping, said, “The MSP provision restores […]
In the midst of Washington’s gridlock over funding the government, President Obama on Tuesday signed legislation mandating that any effort by the Federal Motor Carrier Safety Administration pushing trucking companies to screen, test or treat drivers for sleep disorders be done through a formal rulemaking rather than by issuing guidance. The agency originally said […]
The terminal operating system developer Navis on Thursday said that Pier F at Long Beach Container Terminal (LBCT) has gone live with Navis’ N4 system. The implementation is aimed at streamlining current operations and preparing for the implementation of N4 for the new OOCL-leased Middle Harbor terminal under construction in Long Beach. […]
Singapore Airlines Cargo and Etihad Cargo have initiated a cargo swap, with the Asian airline offering Etihad capacity on its weekly freighters from Singapore to London Heathrow via Abu Dhabi. In return, Etihad will grant Singapore space on its Abu Dhabi freighter flights to Frankfurt. Etihad will also open up access to its […]
Thursday’s newswire incorrectly named the Jacksonville Port Authority and Jacksonville Chamber of Commerce as new members of the Deep Water Now Initiative aimed at drumming up business support in North Florida for deepening the St. Johns’s River access to the Port of Jacksonville. Jaxport and the Jacksonville Chamber launched the initiative. Joining the effort […]
Wells Fargo said today that it expects Matson will order ships or give a “material update” on new building plans by the end of the year, In an investment note, Wells Fargo also said the company, which operates a container shipping service between the U.S. West Coast and Hawaii, is likely to face […]
Deep Water Now has been launched to encourage business and community leaders in the Northeast part of the state to support efforts to deepen the St. Johns River shipping channel to accommodate the next generation of larger cargo ships.
DHL recently signed a five-year agreement to provide freight management services around the globe for BP’s exploration and production activities. DHL Global Forwarding will handle inbound freight forwarding services for BP’s upstream operations. DHL Supply Chain already supplies warehousing and distribution services covering BP’s downstream logistics. “BP has been a DHL customer […]
Third party logistics provider ASF Logistics recently entered an agreement with Australia-based A&A Industries to oversee the transportation management of Airstream travel trailers from the Port of Baltimore to Australia’s Port Kembla. “With our Atlantic Coast and Australian presence, along with significant experience working with specialized cargo including recreational vehicles, ASF is uniquely situated to coordinate […]
“At a moment when our economic recovery demands more jobs, more momentum, we’ve got yet another self-inflicted crisis that set our economy back,” President Obama said Thursday. “And for what? There was no economic rationale for all of this.”
Dekker The drive to build more operationally efficient vessels will lead to a cascading of oversize vessels is still nascent trades, Drewry Shipping Consultants Head of Container Research Neil Dekker said Wednesday. Speaking at the Journal of Commerce-organized TPM Asia conference in Shenzhen, Dekker said large vessels displaced on the Asia-Europe trade have […]
Evergreen’s Bronson Hsieh said increased production of shale oil and gas, a push to increase U.S. exports, and the potential migration of manufacturing back to the United States would all have an indelible impact on liner carriers.
Ships at the port’s public marine terminals were not being worked. Work on five ships was idled on Wednesday. Private terminals that handle commodities such as coal, sugar and salt remain open.
The EU Commission has published maps outlining the “backbone” of its new single-market transportation policy, the trans-European transport network (TEN-T), and has announced transportation financing will rise to 26 billion euros ($35.56 billion) between 2014-2020. TENT-T will include nine major transportation corridors — two North-South lanes, three East-West lanes and four diagonal routes. […]
All members of the air cargo value chain need to work together to improve the efficiency, quality and security of air freight, according to Tony Tyler, director general of the International Air Transport Association. Speaking at the World Congress of the International Federation of Freight Forwarders Associations (FIATA) in Singapore, Tyler pointed out […]
Green Marine, a voluntary marine industry environmental improvement initiative, and the American Association of Port Authorities signed a memorandum of understanding underscoring a new collaboration to advance the environmental sustainability of port and terminal operators. The MOU, signed today during AAPA’s 102nd Annual Convention in Orlando, Fla., will increase cooperation between the two […]
