The International Monetary Fund last week lowered its estimate for world economic growth for 2013 to 3.25 percent from 3.45 percent in January, but did not change its growth projection of 4 percent for next year. The IMF said its World Economic Outlook that advanced economies are expected to gradually accelerate in the second […]
Over the course of 2013, American Shipper will bring you a view of six containerized import regions in the United States based on data supplied by the trade intelligence firm Zepol Corp. The regions to be profiled bimonthly are the Pacific Southwest, Bay Area, Pacific Northwest, Gulf Coast, South Atlantic, and North Atlantic. […]
Over the course of 2013, American Shipper will bring you a view of six containerized import regions in the United States based on data supplied by the trade intelligence firm Zepol Corp. The regions to be profiled bimonthly are: the Pacific Southwest, Bay Area, Pacific Northwest, Gulf Coast, South Atlantic, and North Atlantic. […]
“The lack of investigation and accident reports hinders the development of appropriate measures by IMO to address the cause of serious incidents in which seafarers may have lost their lives.” said ITF Acting General Secretary Stephen Cotton.
The U.S. State Department recently issued a presidential permit to the state of Michigan to build a new bridge connecting Detroit and Windsor, Ontario. The State Department approves new international border crossings after reviewing whether they are in the national interest. Local and national officials in Canada and the United States for many […]
“Where the cargo to fill the extra capacity is going to come from has not yet been defined,” the London-based firm said, adding it appeared carriers expect to entice some cargo now moving through North America’s west coast ports.
The less-than-truckload carrier had been striving for cost reductions, and though the Teamsters recognized publicly the need to reduce costs, the union representatives have not accepted any of the carrier’s offers.
Lufthansa has cancelled nearly all its European flights today due to strike actions by ver.di, a German trade union. The airline will operate 20 of the 1,650 scheduled short-haul flights on Monday, and these flights will mostly be routed out of Berlin, where the strike actions are due to end by the middle of the […]
The U.S. Federal Aviation Administration has officially approved design modifications for the Boeing 787’s lithium battery system after giving the go-ahead for Boeing’s certification plan in early March.
Shippers should expect delays receiving air cargo moving through major airports in Atlanta, Chicago, Los Angeles and New York after the U.S. Department of Transportation and its Federal Aviation Administration on Sunday began to furlough air traffic controllers as promised to make good on forced budget cuts that hit the entire government in March. Critics said […]
Air freight rates out of Asia continue to be somewhat volatile, dropping from $3.32 per kilo in February to $3.15 per kilo last month, according to the latest Drewry East-West Air Freight Price Index. The March decline in rates comes after two months of steady increases. September was the last time the freight […]
Major players in the Dutch supply chain, including Schiphol Cargo, KLM Cargo and Air Cargo Netherlands, have signed onto the Neutral Logistics Information Platform, an information-sharing agreement between business and government to strengthen the supply chain. The non-profit program will allow partners to input supply chain information into the system and share it […]
Ambassador Peter Westmacott said during a briefing at the National Foreign Trade Council April 18 that his nation is hopeful for a quick commencement and conclusion of trade negotiations between the United States and European Union.
Mobile, Ala.-based ASF Logistics has expanded into the Australian market, opening an operation in Melbourne and affiliate offices in Adelaide, Brisbane, Darwin, Perth and Sydney. Stephen Chard, ASF’s president, said the company has been involved in the Australian market for a long time, so the move into Australia just made sense. Chard will […]
While the new containerships will result in a big infusion of capacity in the Asia-Europe trade, “we will put them in over a prolonged period and we will take out a number of vessels in other categories,” Maersk CEO Nils Andersen said.
A report released this month estimates the cost of Somalia Piracy was around $5.7 billion-$6.1 billion in 2012, despite notable gains achieved by private armed security guards and aggressive naval activity.
According to officials, connecting the Southwest and AirTran cargo networks means that customers in Atlanta will now see 90 new cargo flights. New services will be offered in other major Southwest markets as well.
Air Cargo Germany has temporarily suspended its operations as of Thursday, giving no sign as to the ultimate cause of the interruption or when services may be reinstated. According to a letter sent to customers by the carrier’s chief executive officer, Michael Schaecher, the shutdown was sudden. He did point out, however, that shareholders are […]
The liner carrier CMA CGM on Friday took delivery of the second of the series of what is currently the largest containership in the world. The 16,000-TEU U.K.-flagged CMA CGM Alexander Von Humboldt will be deployed on the French carrier’s flagship FAL1 service between Asia and Europe. The third vessel in the […]
Pennsylvania Gov. Tom Corbett visited the Philadelphia Regional Port Authority’s Packer Avenue Marine Terminal Thursday to welcome Horizon Lines to the Port of Philadelphia. PA Governor Tom Corbett welcomes Horizon Lines to the Port of Philadelphia. The company began offering weekly service between Philadelphia and Puerto Rico on April 11. Corbett estimated […]
