The economic relationship between the United States and European Union is already the world’s largest, accounting for one third of total goods and services trade and nearly half of global economic output.
Some members of the European Parliament see commercial concerns outweighing safe working conditions in the European Aviation Safety Agency’s proposed rules on flight and duty time limitations and rest requirements and have left open the door for a veto of the program. The Parliament recently asked European Commission Aviation Director Matthew Baldwin for […]
U.S. Commerce Department officials said progress was made to strengthen the economic relationship between the United States and Brazil, following the eighth meeting of the U.S.-Brazil CEO Forum, which took place in Brasilia this week. “It is clear that both the Obama and Rousseff administrations recognize that our two countries must continue to […]
Chinese liner carrier COSCO has announced a general rate increase of $475 per TEU for all shipments from Far East (excluding Japan) and the India and Pakistan region to Northwest Europe and the Mediterranean (including Israel, Lebanon, Syria, North Africa and West Africa Region), effective April 15. COSCO also said it will increase rates on April 15 […]
DHL Global Forwarding has unveiled its Double Decker solution, which allows users to stack freight inside standard 40-foot containers, leading to improved efficiency and less cargo damage. The program is currently available on DHL-owned containers through Danmar Lines on routes from Hong Kong to Germany and to Shanghai and the United States. Double Decker […]
At the end of last month, Ryder System surpassed its goal of hiring 1,000 veterans by the end of the year, a pledge made in November 2011 as part of the federal government’s Hiring Our Heroes program. Ten percent of Ryder’s workforce now consists of veterans. The veterans now working at Ryder serve as […]
UPS has appointed Cindy Miller to president of UPS Europe and Derek Woodward as president of emerging markets, effective April 30. Miller, currently president of UPS U.K., Ireland and Nordics, was promoted to succeed Jim Barber who was appointed president of UPS International. Miller is a UPS veteran of 24 years and has […]
The Government Accountability Office Wednesday released a report on shipping between Puerto Rico and the United States and possible modification of the Jones Act requirement that vessels participating in the trade be registered in the United States, crewed by U.S. citizens, and built in a U.S. shipyard. The report, prepared at the request of […]
The French liner company is anticipating similar profitability despite a poor economy in Europe and supply-demand equilibrium, which CFO Michel Sirat said is still “a bit shaky” for the container shipping industry.
“Halifax has been targeting this type of Asian service as part of our container growth strategy. This service plays to our port’s strengths including transit time advantages via the Suez Canal,” said Port President and CEO Karen Oldfield.
The terminal operator said higher revenue was “driven by strong growth in the Middle East, Europe and Africa region representing our ability to improve revenue from both our container and non-container operations.”
With an eye to recent political upheaval in Egypt, the latest edition of Drewry’s Container Insight Weekly contains a detailed analysis of what might happen to the container shipping industry if the Suez Canal closed. “If the Suez Canal were to be suddenly closed tomorrow, container vessel schedules between Asia and Europe would […]
Crowley Maritime Corp.’s liner services group will now offer shippers a second weekly southbound sailing from Port Everglades, Fla., to Nassau, Bahamas, starting Saturday, March 23. The new sailing adds to Crowley’s current schedule, which includes a Friday sailing from Jacksonville, Fla., and a Tuesday sailing from Port Everglades. The new Saturday […]
The National Shipping Co. of Saudi Arabia (Bahri) will add the Port of Jacksonville to its liner service schedule. The carrier’s newly built multipurpose vessel Bahri Abha will make its first call at the Florida port on April 22.
The liner carrier OOCL on Wednesday received the second in its series of 13,200-TEU ships, the largest in its fleet. The OOCL Berlin will be deployed on the G6 Alliance’s Asia-Europe Loop 4 service, which has a rotation of Ningbo, Yangshan, Yantian, Singapore, Suez Canal, Le Havre, Southampton, Hamburg, Rotterdam, Suez Canal, Jeddah, […]
Cargolux has launched a twice-weekly, Boeing 747-8 freighter flight from Luxembourg to Dallas/Fort Worth International Airport, routing the new flight through Baku, Azerbaijan, and Hong Kong. The flight returns to Luxembourg via Mexico. Cargolux officials expect the flight to carry electronic and information technology-related components from Asia to Texas. “This is the kind […]
Rep. Janice Hahn, founder of the PORTS Caucus on Capitol Hill, said Tuesday she will re-introduce port security legislation this week, sponsor new legislation to ensure continued funding for key port security programs and offer a resolution to honor the contributions of ports to the nation’s economy. Those types of efforts and the creation […]
With LATAM Airlines Group three years away from the full integration of LAN and TAM operations — officials estimate a target of June 2016 — the company is still attempting to harmonize programs between the two Latin American carriers, standardizing processes and renegotiating contracts. The cargo business, however, is now fully integrated. Fourth-quarter 2012 cargo revenues […]
DHL Express has increased its cargo capacity by 30 percent in Penang, Malaysia, with the introduction of its new A300 freighter service. Almost 61 percent of the exports from Penang go to China, the United States, Hong Kong, Japan and Germany, while 63 percent of imports come from China, the United States, Singapore, Japan […]
Hanson Logistics, a St. Joseph, Mich.-based temperature-controlled warehouse provider, has started the third phase of its Chicago consolidation center, located in Hobart, Ind. The expansion is part of the firm’s Velocities Multi-Vendor Consolidation program, which fills multiple SKU (stock-keeping unit) frozen food orders, shipping to major retail, wholesale, and foodservice distribution centers throughout […]
