Members of the Caribbean Shipowners’ Association (CSO) plan to implement a peak season surcharge from Oct. 6 to Dec. 31. The surcharge, $150 per TEU, will be applied southbound only to all CSO Caribbean basin service destinations. “The PSS will allow exporters and importers to plan ahead and schedule cargo movements prior […]
Thirty-five-year industry veteran John Batten has taken up the job of managing director at Coyne Airways, and he’s looking to expand the Coyne brand into new markets. Batten came to the airline from Swissport, where he served as executive vice president of global cargo. He served for 25 years at TNT and worked […]
Retail import volume will grow to 1.48 million TEUs at the largest domestic ports in September, a 5.1-percent increase in activity over the same period last year, according to the most recently released Global Port Tracker.
Yangtze River Express has commenced twice-weekly Boeing 747-400 freighter service from Shanghai to Amsterdam Airport Schiphol. The routing — Yangtze’s first to the Amsterdam airport — replaces Yangtze’s twice-weekly Shanghai-Luxembourg service.
OIA Global is moving its Portland, Ore. headquarters from the suburbs to the Waterfront District, leasing 33,000 square feet. According to OIA’s chief executive officer, Charlie Hornecker, the move will better accommodate future growth.
U.S. steel exports increased in July 2.2 percent over June, according to government data analyzed by the American Institute for International Steel. “NAFTA steel demand improved in July compared to June by 6 percent, offsetting declines in other smaller international markets,” said David Phelps, president of AIIS, in a statement. “NAFTA market’s […]
“With the tolls going up as much as they did and the prospect of them continuing to go up, it was vital that the terminal be able to do something about the tolls so that it remained economically viable,” said Jim Devine, head of NYCT.
The software-as-a-service product authentication and traceability solutions provider Verify Brand said it has developed a new product aimed at helping manufacturers and distributors that want to protect their supply chains from potentially dangerous counterfeit and illegal chemicals. The product, called the Verify Platform, uses secure unique identifiers (sUIDs) and product traceability features to […]
Deborah Hadden will be responsible for directing the planning, development, marketing, operation, security, financial management, administration, and maintenance of non-aviation properties in the Port of Boston.
Looking ahead to the International Civil Aviation Organization’s triennial assembly, the International Air Cargo Association (TIACA) has called for a single, market-based approach to limiting airline greenhouse gas emissions.
The logistics software provider Descartes Systems Group said Thursday that Werner Global Logistics (WGL), a subsidiary of Werner Enterprises, is using the Descartes OneView Customs House Broker solution to run its U.S. customs brokerage operations. The solution helps WGL streamline its brokerage operations by using a single platform for these services along with Advanced Manifest […]
The Web-based global trade management solutions provider QuestaWeb said this week its foreign trade zone division doubled its customer base in 2013. The division, founded in 2009 to meet the specialized compliance needs of companies employing FTZs, now counts firms in the automotive, electronics, manufacturing, logistics, pharmaceutical, biotech and wholesale distribution industries among […]
Port-related projects received more than one-fifth of the $474 million in TIGER grants awarded Thursday by the U.S. Department of Transportation. Almost half of the 52 projects selected, garnering $123.4 million, were designated for rural areas. TIGER is a highly competitive, discretionary grant program for multimodal and multi-jurisdictional projects that typically don’t qualify […]
The G6 Alliance said it will cancel two sailings in early October as part of its vessel maintenance programme and in connection with the National Holiday in China. The founding of China is celebrated on Oct. 1, and many businesses across the country are closed for seven days around that time. Voided sailings will […]
The American Institute for International Steel called antidumping cases filed earlier this week with the U.S. government by a group of domestic reinforcing bar manufacturers against suppliers in Turkey and Mexico the wrong way to deal with a depressed market. AIIS warned the domestic rebar industry, after more than five years of weak markets for […]
With an eye toward expanding its logistics services reach into both the United States and United Kingdom, Danish group DSV has purchased SBS Worldwide Holdings for an undisclosed amount. DSV’s purchase of SBS, which reported 2012 revenues of $77.87 million, is expected to double cargo volumes on U.S.-U.K. routes for the company’s air and sea […]
In implementing provisions laid out in the MAP-21 act, the U.S. Federal Motor Carrier Safety Administration has released guidance regarding an Oct. 1 deadline on the registration for brokerage companies and the filing of surety bonds. Relevant parties must now register for broker status with the agency. The organization will still allow carriers to interline, […]
The third party logistics company syncreon Holdings Ltd. said Thursday it has reached an agreement with the private investment firm Centerbridge Partners, which will make a “substantial minority equity investment” in the company. Existing shareholders GenNx360 Capital Partners and Enright family-related shareholders will retain significant equity ownership in the company following the transaction. […]
DFDS said the liner carrier’s share in the company was reduced from 31.3 percent to zero after the sale of 4.65 million shares. Maersk remains a major player in the European short-sea market via its Seago Line subsidiary.
Freight expenditures fell in August by 1.5 percent compared to the previous month, representing the first decline after three months of gains, according to the Cass Freight Index Report. Year-over-year, expenditures rose 3.4 percent. In August, the number of shipments grew 1.7 percent over July’s total, but fell 0.4 percent when compared to […]
