North Carolina’s Port of Wilmington will now offer shippers direct access to Manzanillo, Panama, and Puerto Moin, Costa Rica, in addition to Puerto Cortes, Honduras, and Santo Tomas, Guatemala, in northern Central America, via vessel calls added by Maersk Line to its weekly South Atlantic Express (SAE) service. New trade lanes to South […]
Interlake Steamship Co., an operator of bulk vessels on the Great Lakes, has reached an agreement in principle with Shell to supply liquefied natural gas (LNG) to support the carrier’s vessel engine conversion to LNG as the main propulsion fuel. When converted, these ships are expected to be the first LNG-powered ships on […]
COSCO, Hanjin, and Yang Ming said they will launch a new service connecting Germany, Russia and Finland later this month. The RFS (Russia–Finland Service) service will use three 1,300-TEU class vessels – with one deployed by each partner – to provide twice-per-week service. The port rotation will be Hamburg, St. Petersburg, Kotka, and Hamburg. […]
“The only reason we’re doing it is because right now we’ve got folks (in Congress) who are unwilling to make some simple changes to our tax code,” said the president during the signing of the legislation.
Members voted in favor of a new six-year contract by a vote of 632-18, according to Dennis A. Daggett, president of Local 1804-1 and the chief negotiator for the maintenance locals. The ratification vote was held on April 30.
Wallenius Wilhelmsen Logistics (WWL) has been selected as a bidder for the redevelopment of the Webb Dock West automotive terminal by Australia’s Port of Melbourne Corp. WWL currently operates 11 terminals throughout Europe, the Americas and Asia. The company said the Webb Dock West’s proximity to Melbourne’s Central Business District provides a “unique […]
The Port of Pittsburgh Commission is building a wireless broadband network along the rivers in Pittsburgh and is seeking partners to explore new applications for transportation, safety, security and environmental monitoring. The Wireless Waterways project consists of both the network system infrastructure (NSI), which will be scalable and expandable, and an interoperability test […]
Rickmers-Linie has added a 10th vessel on its eastbound Round-the-World Pearl String Service by taking delivery of the Rickmers Savannah on long-term charter. The 30,000-deadweight-ton Savannah, which was delivered by Jinling Shipyard in November 2010, is identical to the nine vessels of the Rickmers Hamburg class that the carrier already deploys on the […]
With dimensions that might have stunned even France’s greatest writer of science fiction, CMA CGM said the third in a series of 16,000-TEU containerships, CMA CGM Jules Verne, will enter service today. Sister ship to the CMA CGM Marco Polo and CMA CGM Alexander Von Humbodt, the new ship will be 396 meters […]
Uncertainty reigns supreme in the Ontario trucking market despite a recent uptick in volumes, according to the Ontario Trucking Association’s second-quarter business conditions survey. According to carriers who filled out the April survey, freight volumes in lane segments covering traffic inside Ontario, between the provinces, and northbound from the United States all increased. The […]
Thirty-four national trade associations representing port authorities, water carriers, retailers and other shippers, the construction industry and unions, along with dozens of state-level business groups, signed a letter this week urging members of the U.S. Senate to support quick passage of the Water Resources Development Act. The Senate Environmental and Public Works Committee unanimously […]
In the latest development, the Union of Hong Kong Dockers (UHKD) said that employees of Comcheung Ltd. at another of Hong Kong’s terminals have joined the strike, according to reports from local media. About 530 workers are now on strike.
“These results are due to a rational pricing environment for both YRC Freight and the Regional segment, and the productivity improvements along with the customer mix management effort at YRC Freight specifically,” YRC’s James Welch said.
Con-way’s first quarter results came in below expectations, with the carrier turning in net income of $14 million, an $11.6-million decline compared to the first quarter of 2012. Revenue dropped from $1.37 billion to $1.34 billion, and operating income was down by more than $24 million. Douglas W. Stotlar, the carrier’s president […]
Cambie OOIL, the parent company of liner carrier OOCL, said Thursday that its chief financial officer, Ken Cambie, has given notice and will step down as of June 1 to pursue interests outside the company. Cambie will be replaced on an interim basis by Alan Tung, with the OOIL board conducting a search […]
Recyclers in the United States and Europe are concerned about these proposed exemptions because their investments in businesses to dismantle or shred e-waste and transform it into commodities will be undermined.
President Obama on Thursday nominated long-time campaign contributor and Chicago businesswoman Penny Pritzker to be secretary of commerce and Michael Froman to lead the Office of the U.S. Trade Representative.
Logistics IT solutions provider Descartes Systems said Thursday it has acquired KSD Software Norway AS (KSD), a leading Scandinavia-based provider of electronic customs filing solutions for the European Union, in a $33 million deal. The EU customs compliance market is characterized by a complex framework of member states, each with different regulations, languages […]
The South Korean liner carrier predicted “even though some difficulties are inevitable due to supply growth, numbers in the second quarter will improve through continued rate restoration efforts and active cost reduction, etc.”
IAG Cargo is planning to order 18 Airbus A350-1000 planes, which will enter service starting in 2018 given shareholder approval. The European air carrier, which is modernizing its fleet, also holds options for an additional 18 planes.
