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 […]
Euroandinos Port Terminals at the Port of Paita in Peru has ordered one super post-Panamax ship-to-shore crane and two rubber tire gantry stacking cranes from Liebherr Container Cranes Ltd., the Irish company said. The container cranes are scheduled for delivery late this year. The ship crane has a maximum load capacity of […]
Con-way Truckload has purchased 525 tractors for an undisclosed amount, allowing the company to retire tractors approaching 500,000 service miles. The units will be delivered throughout the year, with the last tractor scheduled to hit the road in December. The order consists of 325 Kenworth T680 tractors and 200 2014 Navistar ProStar models. […]
UPS Freight, which offers truckload and less-than-truckload service, said Friday it will increase spot market rates 5.9 percent in North America, effective June 10. The increase, which is in line with previous annual adjustments, also applies to accessorial charges. Large customers typically can negotiate discounted rates. – Eric Kulish
The U.S.-Canada Border Infrastructure Investment Plan is the latest initiative under President Obama’s and Prime Minister Stephen Harper’s Beyond the Border declaration to have a shared approach to security and economic competitiveness.
The plan raises the local share of the $733 million project from $189 million to $383 million, with $95 million of that increase for terminal improvements necessary to accommodate the deeper channel draft.
The Truck Operators Independent Contractor Act would prevent trucking companies from misclassifying truckers as a way to avoid workers’ rights and employer responsibilities, including unemployment and Social Security contributions.
The U.S. Commerce Department has found shippers of certain frozen shrimp in China, India, Malaysia, Thailand and Vietnam receive government subsidies, while those in Ecuador and Indonesia do not. In its China investigation, Commerce preliminarily determined that the sole respondent, Zhanjiang Guolian Aquatic Products Co., Ltd. and its cross-owed affiliates, received a subsidy […]
The Canadian House of Commons passed the Fair Rail Freight Service Act, which encourages shippers and railroads to negotiate service agreements and gives shippers access to an arbitration process if no agreement is reached. The Canadian Transportation Agency will serve as arbiter when needed and will have the authority to mete out a fine […]
European officials from all branches of government have agreed on a plan to develop a multi-modal, single-market transportation structure by 2030. The agreement must now be approved by the European Parliament Plenary and Council. Financing for the significant, multi-decade project will largely come from member states, although officials anticipate there will be […]
