The National Industrial Transportation League has requested assistance from the U.S. Government in obtaining clarifications on a value-added tax being imposed by the Chinese government.
The Surface Transportation Board has decided to require railroads to differentiate between positive train control (PTC) expenses and other capital investments when reporting their annual financial statements. On August 14, the board adopted the new rule, which applies to Class I railroads and will help the board so they can better judge what […]
U.S. import prices increased by 0.2 percent in July compared to June, while export prices dropped down by 0.1 percent, according to the Bureau of Labor Statistics. The slight increase in import prices is the first positive increase in pricing since February. Over the past four months, import prices have declined by 1.8 […]
A showdown could be in the works next month over who has the right to repair chassis used to move containers to and from marine terminals. The International Longshoremen’s Association (ILA) and the management group that bargains with them, the United States Maritime Alliance (USMX), sent a joint letter dated August 6 to […]
Wednesday’s newswire about the Port of Jacksonville should have said the large breakbulk shipment of aluminum ingots being offloaded a vessel was 11,000 tons, not 1,000 tons.
Seaspan Corp., which builds containerships and charters them to liner companies, said it will build and charter 10 additional 14,000-TEU ships to Yang Ming. In January, Seaspan said it had signed deals to have Hyundai Heavy Industries build five similar ships, three of which it will own and two of which it will […]
The Diamond State Port Corp., which operates the Port of Wilmington, Del., and Dole Food Co. said they have reached a deal for Dole to continue to use the port for the next 15 years.
Members of the International Longshoremen’s Association (ILA) in the Port of Hampton Roads voted 520 to 483 on Monday to reject the terms and conditions of a new local agreement. The Virginia Maritime Association said in a notice posted on its site that “there will be no immediate impact to port operations. The […]
According to the Federal Aviation Administration, the incident occurred at 6 a.m half a mile north of the runway at Birmingham-Shuttlesworth International Airport. The two crew members aboard the plane died.
The global economy has weakened slightly in the third quarter, mainly due to deceleration in Asia and Latin America, while North America shows signs of continuing recovery, according to a survey of more than 1,000 economists.
Mazda will begin in September importing automobiles for the Northeast market through Baltimore after signing a five-year contract with auto processor AMPORTS, according to the Maryland Port Administration. The Japanese automaker expects to move about 65,000 vehicles a year through AMPORTS’ Chesapeake Auto Terminal, which is privately owned and technically is not part […]
Cathay Pacific Airways will launch daily Boeing 777-300ER service between Hong Kong and Newark Liberty International Airport on March 1, 2014. The new offering is subject to government approval. “The introduction of Cathay Pacific’s Newark to Hong Kong service demonstrates our commitment to the New York Metropolitan area, which has been instrumental in […]
Despite Tuesday’s decision by the Department of Justice to challenge the proposed $11-billion merger of American Airlines and US Airways, officials are still optimistic they will close the deal by the end of 2013.
CSAV, the Chilean container shipping company, said that its board on Tuesday approved plans to sell, then lease back, two 6,500-TEU containerships. It said “the transaction is in line with the company’s strategy of having larger and more efficient ships.” The two ships, built in 2006 by Hyundai Heavy Industries (South Korea), […]
Stevedores at the Port of Jacksonville are unloading 11,000 tons of aluminum ingots from a vessel. It is the largest shipment of aluminum ingots at the port in five years, the port authority said. The breakbulk shipment from South America is more than twice the tonnage the port has seen in the past. […]
The Surface Transportation Board will hold a hearing Oct. 22 to discuss modifying its standards for mandatory competitive switching as previously proposed by the National Industrial Transportation League. Parties that would like to participate in the 9:30 a.m. meeting must file a notice with the STB by Sept. 23. The NITL said […]
UNCTAD, the United Nations Conference on Trade and Development, has electronically published the latest edition of its liner shipping connectivity index. The agency notes that a country’s access to world markets depends largely on its transport connectivity, “especially as regards regular shipping services for the import and export of manufactured goods.” The […]
Oxbow Carbon, a global recycler and distributor of refinery byproducts, said this week it has increased its restricted party screening productivity by 82 percent using the export solution of Amber Road, a provider of on-demand global trade management (GTM) solutions. Oxbow said it has been able to centralize and automate its export compliance […]
The U.S. Justice Department and attorneys general for six states, including the District of Columbia, said the combined airlines would result in higher airfares and lower service levels for passengers.
The express carrier’s 47,000-square-foot Chengdu facility is located near the Chengdu Shuangliu International Airport, while the 70,000-square-foot Shanghai development is close to the Shanghai Pudong Airport.
