Austrian crane manufacturer Liebherr has opened a new $20 million sales and service center in Miami off Okeechobee and the Florida Turnpike. It will serve as a major hub for Liebherr’s maritime cranes division and further strengthen its business relations to Central and South America and the Caribbean regions, said Gernot Schranz, president […]
Brian Taylor has worked both in the public and private sector. He was COO of domestic ocean carrier Horizon Lines until November 2012 and was most recently senior vice president at New Breed Logistics in High Point, N.C.
by Cheryl Garcia, regional vice president, Global Transportation Relationship Management, U.S. Bank Freight Payment An ounce of prevention is worth a pound of cure. It’s unlikely that Benjamin Franklin was thinking about vendor internal control processes when he made this observation, but his sage advice certainly applies. Today’s supply chain networks can be multi-layered […]
April’s $0.06 uptick in east-west air freight rates evaporated in May, as the average rate per kilogram finished the month at $3.15, the same price as in March, according to Drewry’s East-West Air Freight Price Index. Year-over-year, May’s result represented a $0.10 drop in the price of air cargo. The price index takes […]
Truckers pay a fee of $5.25 to APHIS every time they cross the border, according to the Canadian Trucking Alliance, and a recent study that shows the fees aren’t generating enough revenue could lead to a larger fee.
The European Parliament has officially given the green light to begin formal talks between European and American officials toward the Transatlantic Trade and Investment Partnership. Official talks will now begin as soon as U.S. officials start negotiations, which means discussions will likely start next month or so, according to the European Union. EU […]
The U.S. Department of Agriculture today announced actions to manage the domestic sugar surplus, as required by law, while operating the sugar program at the least cost to the government. “Record-breaking yields of sugar crops and a global surplus have driven down U.S. sugar prices and USDA is required to act to stabilize […]
The Japanese carrier said the 7,041-TEU MOL Comfort sustained the crack in the Arabian Sea at around 7 a.m. local time on Monday morning while in transit from Singapore to Jeddah. India’s Coast Guard helped with the rescue.
Developers proposing to build a new canal across the Central American country are targeting operators of large ships that will not pass even through the new set of locks being build at the Panama Canal.
Close to 90 percent of the union workers who voted have decided to strike at Menzies World Cargo. The Heathrow-based workers are upset their pay has been frozen for the last two years. “Our door is always open, but time is running out,” Oliver Richardson of Unite, Britain’s largest trade union, said […]
The Port of Los Angeles saw container volumes drop 12.9 percent in May, continuing the trend at the nation’s busiest container port this year. Volume fell to 636,851 TEUs during the month, including a 12 percent drop in loaded import cargo (to 326,114 TEUs), and a 16.3 percent drop in loaded export cargo […]
The U.K. consulting and research firm Transport Intelligence (Ti) said the global contract logistics market grew 3.4 percent by value in 2012, but warned that growth hides “increasing divergence in the performance of regional markets.” Ti’s latest report Global Contract Logistics 2013, found growth in emerging markets is much higher than those in Europe […]
The shipping consultants Drewry are predicting that the westbound cargo growth in the Mediterranean-North America trade “is likely to remain poor, so more schedules between the Mediterranean and ECNA (East Coast North America) will need to be rationalized soon. Operating services in isolation, such Hapag-Lloyd’s MGX schedule, and MSC’s loops A and B, appears […]
Cargolux launched Boeing 747-8 service from Luxembourg to Sao Paulo, Brazil, June 16, marking the first ever freighter flight of this size plane into the country. Viracopos International Airport is the only airport in Brazil certified for 747-8 service. Officials expect auto parts, pharmaceutical products and fruit to serve as the main exports […]
Old Dominion Freight will increase its base rates by about 4.9 percent on July 1. According to officials, the new rates will offset new equipment costs, preserve competitive waves and healthcare for workers, and leave room for a “nominal increase” on lane charges. “We are sensitive to our customers’ budgets, and we […]
COSCO Pacific reports that it handled 5.1 million TEUs in May, 7.6 percent more than in May 2012. Year to date, the company has handled 24.4 million TEUs, 10.1 more than in the first five months of 2012. – Chris Dupin
The U.S. Department of Homeland Security has agreed to make suspension or removal from the program not immediate. DHS has also published a document outlining the measures it will take for security breaches.
The U.S. Supreme Court ruled Thursday in favor of the American Trucking Associations (ATA) in the group’s effort to turn back the Port of Los Angeles’ efforts to regulate the drayage trucking industry. In 2007, the port created a Clean Truck Program that required trucking companies operating at the port to enter into […]
“It’s hard enough having to go through a NAFTA verification audit once, but being subjected to re-auditing when you’ve already passed with flying colors seems unduly harsh on business,” trade attorney Elise Shibles said.
In 2011, the port instituted a cargo facility charge (CFC) on all waterborne cargo, including empty containers. The fee is $4.95 for 20-foot containers, $9.90 for 40-foot containers, and $1.11 per unit for vehicle cargo.
