John Nardi was appointed president of the New York Shipping Association (NYSA) on Tuesday by its board of directors. Nardi, who has been executive vice president of NYSA since 2011, succeeds Joseph C. Curto. Nardi played a key role on the NYSA bargaining committee as it engaged in year-long negotiations with the […]
The U.S. Department of Transportation on Thursday named 47 professionals from industry, academia, labor, safety advocacy and government to its inaugural Freight Advisory Committee, which will provide advice and recommendations for improving the national freight transportation system. Its first order of business will be to help the department create a national freight transportation strategy, […]
Four, 50,000 DWT Jones Act product tankers being built by General Dynamic’s NASSCO shipyard in San Diego for American Petroleum Tankers will be “LNG-conversion-ready. Construction of the first tanker is scheduled to begin in 2014.
Maersk Line said it will implement rate hikes on several trades: A general rate increase (GRI) for dry cargo moving from the Middle East, India and Pakistan to the United States and Canada will take effect on July 3. The increase will be $300 for 20-foot containers, $400 for 40-foot standard containers, $450 for […]
Maersk announces rate hikes
The NVOCC CaroTrans said it has entered into a strategic alliance with Multifreight Consolidator System, Inc. (MFCSI), an NVOCC in the Philippines market. CaroTrans said the two companies “will offer fast, reliable, less-than-containerload (LCL) and full containerload (FCL) import and export cargo services between North America and the Philippines. A direct, weekly service […]
Customers have said they will start shipping more during the second half of the year, and analysts think Expeditors International will pick up on some of the business that left their company when they were getting undercut on pricing.
The $107 million, 89-acre terminal, which is expected to open in 2015, will connect the Montreal area and greater Quebec with CSX’s U.S. rail network. The Quebec Ministry of Transportation provided $6 million for the project.
The logistics solutions provider Descartes Systems Group said Tuesday that WAXIE Sanitary Supply, America’s largest, family-owned distributor of sanitary maintenance supplies, has selected Descartes’ cloud-based solution for route planning, dispatch, tracking and mobile proof of delivery to enhance its delivery operations. “We believe Descartes’ leading routing and mobile solution can help us meet […]
Germanishcher Lloyd has designed a ship called “C-Dragon” that has design layout features considered to have an effect on container movement times. The ship is designed to have capacity of 3,736 TEU.
The Federal Maritime Commission (FMC) last week published an Advance Notice of Proposed Rule regarding Ocean Transportation Intermediaries (OTI) in the Federal Register, potentially changing the way OTIs are licensed and financially regulated. The proposed rule, first put forward in mid-May, also requires foreign non-vessel-operating common carriers (NVOs) to establish U.S. offices. The […]
Cargolux has launched weekly freighter service between Atlanta and Munich, routed through Luxembourg, on a Boeing 747-400 freighter. It serves as the carrier’s first regular airfreight service to and from Munich. International freight forwarding company Senator International Spedition will serve as Cargolux’s main import customer. According to officials, most of these imports will […]
Helping eliminate 33.5 million metric tons of greenhouse gasses, diverting 75 percent of its waste from landfills and recycling more than 4.2 million gallons of fuel are some of the ways Union Pacific beefed up its environmental activity in 2012. In its recently published Sustainability and Citizenship Report, Union Pacific outlined a number […]
Maersk, MSC and CMA CGM have been deploying vessels on transpacific lanes that average 32 percent more TEUs than the normal ship size on the lane, according to an article in the latest issue of Drewry Container Weekly.
Projections for global airline profitability rose by $2.1 billion to an estimated $12.7 billion in 2013. The industry generated $7.6 billion in profits in 2012. Much of this profitability will come from the passenger side of the business.
An enforcement blitz by U.S. and French Customs officials resulted in the seizure of 480 shipments of potentially harmful counterfeit electronic components, U.S. Customs and Border Protection recently announced.
Crowley Maritime Corp.’s Caribbean logistics group has begun offering regularly scheduled, weekly less-than-containerload services to and from San Juan, Puerto Rico, and select countries within Central America. The new service, which uses Crowley vessels, will run from San Juan to San Jose, Costa Rica; San Salvador, El Salvador; Guatemala City, Guatemala; San Pedro […]
Lautenberg served on the Commerce, Science and Transportation; the Environmental and Public Works; and the Appropriation committees, all of which play key roles in transportation policy and funding.
The American Association of Railroads (AAR) and National Industrial Transportation League (NIT League) last week sparred over proposed changes in railroad regulation. The AAR, which represents the country’s “Class 1,” or largest freight railroads, last week claimed they “could lose revenue up to 80 percent of their entire annual capital budgets if a […]
CMA CGM, the world’s third largest container shipping group, said it had a profit of $102 million in the first quarter compared to a loss of $240 million in the same period a year earlier. Revenue for the quarter was $3.8 billion, six percent more than the $3.6 billion recorded in the first […]
