Snowy conditions and industrial actions in Paris, combined with a general slowdown and weak performance in international trade, resulted in weak cargo numbers last month, according to Air France-KLM officials. Cargo traffic at Air France-KLM fell by 12.1 percent in March on a 6.6 percent decline in capacity. Load factor also fell by […]
About 14,500 rank-and-file members of the International Longshoremen’s Union who work at ports along the East and Gulf Coasts are voting today on whether to ratify a new six-year master contract.
Dachser has opened its first bonded container freight station and bonded warehouse in the United States near the Miami International Airport. According to the third party logistics company, the new development will allow it to offer a broader range of services. Staff at the facility will handle import deconsolidations, in-bond cargoes, and combine […]
by Cheryl Garcia, regional vice president, Global Transportation Relationship Management, U.S. Bank Freight Payment In the late ‘90s and early 2000s, organizations were intrigued by the idea that a single enterprise resource planning (ERP) system could meet virtually all of their financial needs. As companies flocked to sign up with the major ERP providers, […]
Freight volume jumped significantly in March, both year-over-year and from February, continuing a trend of strong growth in the first half of the year, though Cass warned of recent historically softening in the second half
Trade advocates encouraged by discussion between 47 nations over long-needed international services pact, which will center on market access and rules for cross-border data flow in the digital age
Strike at Hutchison container terminal in Hong Kong continues as government steps in to try to resolve problems between 500 dockworkers and employers, with service providers suggesting strike is affecting cargo operations
U.S. wildlife agency to use detector dogs to sniff out goods from threatened animals, like elephant ivory and rhino horn, at key port of entry, extending the program from its traditional uses, like preventing bombs and drugs
The Irvine, Calif.-based action sports apparel and clothing manufacturer Fox Head, Inc., maker of the Fox brand, has enlisted Menlo Worldwide to establish a new European distribution center in Eersel, Netherlands. Fox previously distributed to Europe out of the UK. Fox has become an international leader in the youth lifestyle clothing market, […]
The United States Australasia Discussion Agreement said its members have adopted a guideline calling for a general rate increase of $200 per 20-foot container and $40 per 40-foot container on cargo moving via U.S. West Coast ports to Australia and New Zealand, effective June 1. The members of the agreement are: CMA-CGM, Hamburg Sud, […]
Health regulators have received reports of at least 21 cases of people being infected with influenza A(H7N9) in China, leading the World Health Organization to spread the word about the virus. The WHO has not recommended the adjustment of travel or trade plans in the near future. “There is no evidence to […]
The Federal Aviation Administration has pushed back the start of its tower-closure program to June 15. The agency was to have begun shutting down 149 regional airport towers in phases last Sunday. The tower closures are being imposed to meet the FAA’s $637 million in cuts required by sequestration. The extra time […]
Drewry is forecasting that companies in the container shipping industry will have a collective operating profit (earnings before interest and taxes, or EBIT) of $6.2 billion in 2013, compared to $280 million in 2012. Referencing its Container Forecaster report, Drewry said “carriers themselves are the biggest risk to this forecast. While there are […]
Hapag-Lloyd and CMA CGM will launch a new service between the Mediterranean and the U.S. East Coast service in June. Hapag-Lloyd said the new MAS service will use ships with approximately 3,500 TEUs of capacity and “supersede the present slot charter arrangement on this route.” The lines did not specify how many ships […]
Executives at the truck brokerage and logistics services provider Landstar System believe impending hours-of-service (HOS) regulations on the U.S. trucking industry won’t have too significant on its beneficial cargo owner (BCO) fleets, according to the investment bank Stifel Nicolas. Stifel attended Landstar’s Analyst Day, where Landstar laid out its vision and coming expectations. […]
The spokes of the supply chain are the demand drivers for industrial real estate in the next two years, according to Colliers International’s North American Port Analysis, and investors need to look toward the nation’s ports for opportunity. Ports need to invest in capital expenditure to make sure they are ready for coming […]
Boeing has completed the final certification test for its new 787 battery system, successfully finishing a demonstration flight on a production plane. Battery testing was required by the Federal Aviation Administration. The demonstration flight, according to Boeing, proved that the battery system performs as expected during both normal and abnormal stress. The […]
The U.S. Commerce Department on Friday reported U.S. exports of goods and services in February reached $186 billion, an increase of $1.6 billion from January. Imports of goods and services also increased slightly, by $61 million, to $228.9 billion. As a result, the trade deficit improved, decreasing to $43 billion in February from […]
Shusen Wei, 45, a citizen of China, pleaded guilty Friday in Miami federal court to charges stemming from his involvement in the smuggling of a carved rhinoceros horn from the United States to China, the U.S. Justice Department said. Wei entered his guilty plea before U.S. District Judge Cecilia M. Altonaga, who scheduled […]
The House proposal, which will be up for a vote Monday, April 8, hopes to pay for transportation programs, such as road and bridge repairs, by increasing the gasoline tax by three cents per gallon, among other measures.
