According to the American Trucking Associations, it will cost $320 million to prepare the industry for the impending hours of service rule change, and if a current court challenge is upheld, that money will be spent in vain.
While revenue was up at IAG cargo in 2012, volumes declined, with full-year results of 6.08 million tons showing a year-over-year decrease of 1.2 percent. IAG Cargo saw a 19 million euro increase ($24.8 million) in revenue, year over year, during the fourth quarter of 2012, leading to a full-year revenue of 1.21 […]
After aggressive acquisitions last year — including the purchase of Nova Natie’s logistics and freight forwarding activities — Norbert Dentressangle is looking forward to even more expansion this year. This growth will be targeted at value-added transportation activities, further expanding its logistics presence beyond Europe, and bolstering the company’s forwarding reach. According […]
Across-the-board funding cuts mandated to take effect on Friday would cut deeply into U.S. Customs and Border Protection operations, potentially doubling wait times from two to four or five hours for travelers and commercial trucks at air, land, and sea ports, agency leaders reiterated to industry trade associations in a conference call on Friday, […]
The U.S. Army Corps of Engineers said Wednesday contractors had completed “Phase 1” rock removal on the Mississippi River at Grand Tower (river mile 79-80.2) and Thebes (river mile 41-46), Illinois. The agency is prepared to conduct additional rock removal (Phase 2) as funding and river conditions permit. The Corps said as of Feb. 27 the river depth was […]
The U.S. Maritime Alliance (USMX) and International Longshoremen’s Association (ILA) said they have agreed to extend the March 1 deadline for completion of local negotiations to March 8. They said the extended deadline will coincide with the wage scale meetings planned by the union for the week of March 11. USMX and the […]
Expeditors International turned in lackluster numbers for the fourth quarter of 2012, seeing $84.2 million in net earnings during the fourth quarter of 2012, a year-over-year decrease of 9 percent. Net revenues fell 4 percent, year over year, to $458.7 million. For the full year, earnings were down 14 percent when compared […]
American Maritime Partnership (AMP), a lobbying organization for the domestic shipping industry, said it’s being unfairly blamed for the rising price of gasoline. In a letter sent Tuesday to Rep. Duncan Hunter, chairman, and Rep. John Garamendi, ranking member, of the House Coast Guard and Maritime Transportation Subcommittee, AMP complained “a small number of […]
Maersk said it will impose a general rate increase on cargo moving between Northern Europe and the United States on April 1. Eastbound, from the United States to Northern Europe, the increase for dry containers will be $200 for 20-foot containers, and $300 for 40-foot, 40-foot high cube and 45-foot high cube boxes. Westbound, from […]
The fund would essentially act as an infrastructure bank, an idea that has been previously proposed by President Obama and other lawmakers. But the term “infrastructure bank” does not appear in the proposed bill.
If passed, forwarders could receive a credit of 40 cents per kilogram for cargo placed on outbound flights from a Missouri airport, starting July 1. The incentive is capped at $7.5 million annually through June 30, 2021.
Total merchandise exports from all 50 states helped contribute to the record-setting value of goods and services exports in 2012, which reached $2.2 trillion.
Liner carrier Evergreen has announced that on April 2 it will impose a general rate increase on all commodities from U.S. ports to Europe and the Mediterranean of $150 on 20-foot containers and $200 on 40-foot, 40-foot high cube and 40-foot high cube refrigerated boxes. Earlier this month, Evergreen announced an import rate restoration for […]
FMC reviews 26 OTI license applications
The U.S. Federal Maritime Commission has received 26 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 26 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 26 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Ri-Time Group, City of Industry, Calif. (Biyu Gao, president); and Trans Atlantic Shipping, Sorrento, Fla. (Timothy A. Voit, president). The agency received NVO/ocean freight forwarder license applications from AC Alliance […]
Applicants hail from 10 states and Puerto Rico.
Those knowing a reason why an applicant should not receive a license or amendment should contact the Office of Transportation Intermediaries.
Individuals knowing of any reason why an applicant should not receive an OTI license or amendment are urged to contact the FMC’s Office of Transportation Intermediaries.
