Eivind Kolding became renowned in the container shipping industry, not just for heading the biggest single operator between 2006 and 2011, but for unveiling a bold set of directives aimed at improving customer service.
U.S. containerized imports in August rose 0.5 percent year-on-year, to 1.6 million TEUs, to nearly hit a high for 2013, according to statistics from the trade intelligence firm Zepol Corp. Only July saw a higher number of import TEUs. “The holiday import months of July and August were 1.5 percent higher in volume […]
Under Secretary of Commerce for International Trade Francisco Sánchez on Monday signed a memorandum of intent (MOI) with the American Chamber of Commerce (AmCham) Shanghai to expand collaboration between the United States and AmCham Shanghai. The agreement is intended to enhance trade between the United States and China. “AmCham Shanghai offers a unique […]
During a visit to the Port of Savannah on Monday, Vice President Joseph Biden made an impassioned appeal for investment in transportation infrastructure, saying efficient highways, railroads, ports, and inland waterways provide such an obvious economic benefit that they should rise above partisan politics when Congress makes funding decisions. “Where do people go to […]
The port’s total volume surged 13.4 percent to 630,292 TEUs for the month, the highest total since October 2007, compared to the Port of Los Angeles, which saw total volume rise 0.4 percent in August to 709,676 TEUs.
The International Air Cargo Association said the new regulations, which take effect on July 1, 2014, fall outside industry goals of “a common, unified approach to global security standards.”
Matson said it, not its customers or Hawaii taxpayers, will cover the costs associated with the Honolulu Harbor molasses spill response. On Sept. 10, Matson said a leak in a molasses pipeline near Pier 52 that is used to load the sweetener into special tanks in container vessels leaked and that as much […]
EU government support programs contribute to high overall supplies of olive oil. Many small EU growers rely on costly traditional methods of production and have costs that are at or above global prices, the agency found.
The International Maritime Organization’s Subcommittee on Dangerous Goods, Solid Cargoes and Containers will meet in London this week to consider competing proposals to require verification of container weight prior to loading. The International Transport Federation, whose members include unions representing longshoremen, merchant mariners and other transport workers, issued a press release Monday morning stating […]
President Obama has nominated Paul “Chip” Jaenichen Sr., of Kentucky, to be administrator of the Maritime Administration. Jaenichen was named the acting administrator in June, following the resignation of David T. Matsuda. He first joined MarAd in July 2012 when he was appointed deputy maritime administrator by Obama. Jaenichen was a career […]
RoadOne IntermodaLogistics said its QLS Logistic Services affiliate had acquired US Intermodal, which will serve as foundation for a new coast-to-coast agent drayage and brokerage business called US IntermodaLogistics. The business currently has locations in Chicago, Norfolk, Va., and New Jersey. Mark Pontarelli, the owner of US Intermodal, will remain at the company […]
The planes will fly on routes from Europe to Atlanta, Chicago and New York. The airline is buying five 777s from Boeing. The planes have capacity for 103 tons of cargo and can fly without refueling for 10.5 hours.
The shipping company said the Icelandic Competition Authority exercised a dawn raid at its premises last week “on the basis of a ruling” from Reykjavík District Court. Eimskip received no other details from the court.
The study, sponsored by GTM software vendor Amber Road, includes responses from 114 practitioners inside and outside of SCM World’s membership in June, as well as follow up interviews with nearly a dozen executives.
The U.S. Department of Agriculture will lead a trade mission to promote U.S. agricultural trade and investment in sub-Saharan Africa, Sept. 16-20. The trade mission launches USDA’s Sub-Saharan Africa Trade Initiative, which aims to expand U.S. agricultural commercial ties in the region. During the week, the USDA delegation will travel to South […]
Former Maritime Administrator William Schubert testified before Congress that “perhaps nothing is more important to the viability of the privately owned U.S. flag commercial fleet than adequate cargo preference enforcement.”
Richard P. Hughes, Jr., served as the union’s eighth president from July 2007 until July 2011. Prior to his election as ILA president, he served as both executive vice president of the ILA and secretary-treasurer of the ILA’s ACD.
A major rift between groups representing shippers has developed over proposals requiring verification of container weights prior to loading. The proposal is to be considered next week at a meeting of the International Maritime Organization’s Sub-Committee on Dangerous Goods, Solid cargoes and Containers. In an unusual joint press release issued today, the […]
The Port of Savannah continues to be a magnet for retail, manufacturing and multi-tenant distribution centers, with more than 1.1 million square feet of space leased or developed in fiscal year 2013, ended June 30, Georgia Ports Authority Executive Director Curtis Foltz said Thursday in his annual State of the Port address. More than 300,000 […]
Capital Product Partners L.P., an Athens-based company whose securities are listed on NASDAQ, said it had acquired three 5,023-TEU containerships — the CCNI Angol, Hyundai Privilege and Hyundai Platinum — from its sponsor, Capital Maritime & Trading Corp., for an aggregate price of $195 million. Each of the three ships was built in […]
