The U.S. Commerce Department said total exports of goods and services in May “dropped slightly” to $187.1 billion, from $187.6 billion in April. The department noted, however, that total services and automotive exports hit “record levels” in May, while total services exports were led by increases in travel, passenger fares, and other private […]
Streamlining existing customs procedures at ports in the European Union and separating EU goods from non-EU cargo for ships moving beyond the continent are two ways the European Commission hopes to improve shipping in Europe. In a Brussels press conference, Siim Kallas, vice president of the European Commission, outlined these changes to ease customs formalities in […]
The Canadian National Railway in November will start service to a new transloading facility in Grand Prairie, Alberta, being built by Di-Corp to supply specialty sand for the oil and gas industry. The sand is injected at high pressure along with water and certain chemicals into shale rock formations in a process known as […]
Panalpina is expanding its over-the-road cooperation with Italian freight forwarder Arcese Espana, adding its Frankfurt and Nuremberg facilities into the the joint network. Panalpina’s German facilities in Berlin, Dusseldorf, Hamburg, Hanover, Kehl, Munich and Stuttgart are already part of the collaboration between the two companies. Arcese Espana already serves as Panalpina’s partner […]
The July 3 newswire “Trade, investment top Obama agenda during Africa trip” failed to name U.S. Trade Representative Michael Froman as the official being quoted on Air Force One about the U.S. strategy for trade development in Eastern Africa.
A driverless oil train operated by short line Montreal, Maine & Atlantic Railway rolled out of control down a hill Saturday morning, jumped the tracks and blew up in a fiery explosion that wiped out the center of a small town in Quebec, leaving five confirmed dead and 40 people missing, according to news report from Canada. […]
U.S. steel exports increased in May over April by 11.6 percent, according to government data analyzed by the American Institute for International Steel (AIIS). “Exports of American made steel increased in May primarily due to improved shipments to our NAFTA partners and other countries in the Western Hemisphere,” said David Phelps, AIIS president, […]
An Israeli newspaper reported there are plans to build new terminals in both Haifa and Ashdod and they “will mark a major step forward in efforts to break powerful public sector monopolies and the unions that dominate them.”
Prior to his confirmation, he served as the mayor of Charlotte from 2009 to 2013. During that time, he is credited with making transportation investments the centerpiece of Charlotte’s job creation and economic recovery efforts.
President Obama wrapped up a visit to South Africa, Senegal and Tanzania, where he announced an initiative to increase trade and investment in sub-Saharan Africa as well as a redoubling of efforts to combat poaching and illegal trafficking of wildlife. The Trade Africa initiative is designed to move the relationship between one of the […]
With Southern California the load center for domestic and international business, most of what’s coming out of the region is container freight stuffed into domestic containers or trailers, said investment bank Stifel.
MOL said it is continuing to tow the fore portion of the containership MOL Comfort to a port where containers can be salvaged. The company said tow wires became disconnected on July 1, but “recovery work was completed and we have resumed towing operation.” The ship’s hull fractured on June 17 and […]
The third party logistics services provider has expanded its Asia-Pacific operations to include domestic rail freight services in China, and plans to offer intercontinental intermodal service between China and Europe.
The neutral non-vessel-operating common carrier Vanguard Logistics Services said Wednesday it has begun offering customers a new application for cargo receiving. Vanguard customers will be able to view pictures of their cargo, including the marks and numbers, on the Vanguard Website within a few minutes of the cargo’s arrival at a foreign container […]
Rickmers Group said it has signed a contract for the purchase of five 2,200-TEU container vessels for more than $30 million, increasing its fleet of owned or managed ships to 97. The company said it “regards this particular vessel size as one of the few market segments with positive short-term upside potential for […]
The number of domestic freight shipments fell by 1.5 percent, year over year, last month, but the money spent on freight increased by 0.8 percent, according to the Cass Freight Index Report. Compared to May, shippers saw a miniscule, 0.09 percent bump in activity and a 3.4 percent rise in expenditures. The […]
Delta saw a 5.3 percent decline in cargo tonnage in June, with year-over-year activity dropping from 206,586 tons to 195,566 tons. For the first six months of the year, tonnage has declined 3.1 percent when compared to the same period in 2012. Cargo wasn’t the only hiccup for Delta in June. Passenger […]
The unit load device (ULD) firm Envirotainer is planning to rollout four new facilities in Amsterdam, Atlanta, Singapore and Vienna dedicated to cold-chain cargo service. The company has also banded together with CHEP Aerospace Solutions to better serve the healthcare industry. Its new collaboration with CHEP will spread Envirotainer’s container maintenance, handling and repair […]
Sea Star Line said Wednesday it has enhanced its refrigerated cargo monitoring service, StarGuard Elite Service, to provide shippers full visibility of the container’s progress 24 hours a day. The extended service is aimed, in particular, at pharmaceutical shippers, the line said. It allows customers to manage and monitor their refrigerated containers in real-time […]
A group of nine manufacturers of oil and gas drilling pipe have filed petitions with the U.S. Commerce Department and International Trade Commission requesting antidumping relief from imports of similar products from India, the Philippines, Saudi Arabia, South Korea, Taiwan, Thailand, Turkey, the Ukraine and Vietnam. The petitioners also seek countervailing duties on […]
