Revenues rose by 5 percent, year over year, to CAN$2.67 billion thanks to a two-percent rise in carloadings and a five-percent increase in revenue-ton miles. The operating ratio rose by 0.4 points to 60.9 percent.
In the newly created position, York will be tasked with establishing the resources to further develop and expand sourcing in Europe for C.H. Robinson.
American Shipper’s research director, Eric Johnson, will host an interactive discussion with David Ross, managing director of global transportation and logistics for Stifel. Ross’ presentation will cover the key trends driving the domestic transportation market in 2013 and look ahead at the challenges and opportunities in the balance of the year. Key discussion points will […]
Air cargo pricing on the East-West trade lane in June fell to its lowest level since May 2012, according to Drewry’s East-West Air Freight Price Index. Pricing finished the month at $3.06 per kilogram. Drewry’s index collects air freight buy rates on 21 major trade lanes and averages them together, coming up with […]
The Obama Administration released its Bangladesh Action Plan 2013 Friday, calling for government inspections and other oversight as steps to prevent another catastrophic disaster in the region’s garment factories. The plan is a comprehensive reaction to the safety and security breakdowns that lead to the death of 1,000 workers in an April […]
Rockefeller said the recent spike in domestic oil and gas production raises questions about the ability of existing infrastructure to safely transport oil, especially as volume grows.
The Canadian Trucking Alliance is advocating for a more level playing field for truckers who transport livestock, wanting to make sure fines levied by the Canadian Food Inspection Agency are meted out fairly across the industry. Truckers who transport hogs are routinely fined for in-transit losses, and the CFIA usually finds that if […]
The shipment of 370 Fiat 500L cars was transported on NYK Line’s Demeter Leader, which also unloaded Volkswagon’s Porches and Audis. The cars will be trucked to dealers throughout the western United States.
If the Suez Canal was suddenly closed, container vessel schedules between Asia and Europe could be immediately adjusted to minimize delays by simply increasing speeds to 22 knots in each direction and sailing around the Cape of Good Hope.
Giovanetti, who has served as a member of American Shipper magazine’s editorial board, said he plans to stay active in ocean shipping, “but just not as intensely as I have up to now.”
A fire aboard a PIL-operated boxship in the Indian Ocean last week has been contained, according to reports. The 1,740-TEU Liberian-flagged container vessel Hansa Brandenburg was en route from Singapore to Durban when the blaze erupted on July 17 200 miles off the coast of Mauritius. All crew members were rescued by another […]
Sea Star Line will use wireless devices from WAM Technologies for its StarGuard Elite Service for refrigerated cargo, which the line started earlier this month. The WAM Technologies’ devices, WAM-R, will be mounted on every Sea Star refrigerated container in its elite service to provide reefer customers, especially pharmaceutical companies, full visibility of […]
The admiralty and maritime law firm Nourse & Bowles has merged with McLaughlin & Stern, a large, full-service firm with offices in New York City and Florida. The combined firms will offer legal services to the maritime and related industries, including cargo, charter party, vessel management, personal injury, death, and insurance issues. – […]
Saudia Cargo has launched an online tool to assist importers shipping automotive cargo, high-value goods, human remains, live animals and dangerous goods into Saudi Arabia. The new program, OK-2-KSA, will also include proof-of-delivery to the airline’s hubs in the area. “The OK-2-KSA tool replaces the current manual approval process of emails/faxes for […]
The U.S. Surface Transportation Board’s new procedures for gauging the reasonableness of railroad rates removes limits on relief payments on midsized rail disputes and ups the limit on smaller rail rate disputes to $4 million.
Revenue across all the liner carrier’s major trades dropped in the first half of 2013, as a particularly hard second quarter took its toll. Revenue as a whole fell 3.7 percent year-on-year in the first half to $2.7 billion.
Seized switchblades. A trade enforcement team from U.S. Customs and Border Protection seized a shipment of 2,400 switchblades and 1,200 butterfly combs from China last month in Baltimore for violating the federal Switchblade Knife Act of 1958. The Act prohibits the importation, sale or possession of spring-assisted, automatically opening knives in interstate commerce. Folding […]
During the fourth quarter, the airline will launch twice-weekly Boeing 747-8 freighter service from Hong Kong to Guadalajara. The flight, which will mark the carrier’s first Latin American destination, is still subject to government approval.
“We believe that Tampa is right in the sweet spot for short-sea shipments out of Mexico. We also believe it will become a gateway port for export finished vehicles,” Steven Rand, Amports president and chief executive officer, said.
U.S. importers are hopeful that legislation introduced in the House this week to renew the Generalized System of Preferences (GSP) for two years will pass before the duty-free import program expires July 31. In 2012, GSP saved American companies nearly $750 million on imports from 127 developing countries. “We are so happy […]
