By Andrea Appell, director at BPE Global When developing the scope of your ICP, ensure that it’s focused specifically on trade-related responsibilities, yet scalable to your company’s global operations…
Speed is “an underestimated factor in the current supply-demand balances in shipping,” said Petter Haugen, an industry analyst at DNB Bank in Oslo. Speaking late last year at a conference organized by Marine Money on the subject of slow steaming (or “speed optimization,” his preferred term), Haugen said high bunker costs have turned […]
By Eric Kulisch The Union Pacific Railroad has taken several steps in the past year to increase capacity on its network for agricultural products, many of which are destined to ports for export to other countries, a member of the company’s marketing staff explained at a major transportation conference in Washington last month. […]
Manufacturers expect to gain from trade deals cutting red tape at borders, open markets to services. Business groups and trade experts are optimistic that two sets of international trade negotiations will be concluded within the next year, unlocking more than $2 trillion in new trade and setting the stage for broader global arrangements.
Freight market’s uncertainty, again, plagues U.S. domestic transportation. By Jon Ross Gauging growth in the uncertain 2013 domestic trucking and air cargo market depends a bit on who is doing the predicting. There are minor shades of variation in the outlook for domestic trucking, while analysts all agree domestic air cargo will continue to lose […]
Last month, officials from American Airlines and US Airways finally made their $11 billion merger official, creating the largest airline in the United States. But while it may create the biggest domestic passenger carrier in front of United and Delta, an analysis of the three carriers’ air cargo numbers shows the new American […]
The biggest risk perceived by investors seeking to invest in infrastructure projects is political, Christopher Lee, founder and managing partner of Highstar Capital, said Feb. 20 during a panel discussion at a transportation infrastructure summit hosted by the U.S. Chamber of Commerce. Pension funds and other institutional investors like infrastructure as an asset […]
Despite Maersk Line’s decision to start rerouting its TP7 service through the Suez instead of the Panama Canal, 13 of the 32 liner services that used the waterway as of last October were Asia-U.S. East Coast strings, according to information presented by Rodolfo Sabonge, executive vice president of planning and business development for the […]
The report presents 52 recommendations to help JFK International Airport improve as a domestic leader in the air cargo industry, stemming its 600,000-ton decline in cargo activity over the past decade.
Liner carrier Maersk has announced a general rate increase that will go into effect April 1 on cargo moving in dry containers between the Mediterranean and the United States and Canada. The increase for westbound cargo is $250 for 20-foot containers, $350 for 40-foot containers, and 40-foot and 45-foot high cube dry containers. […]
Virginia Gov. Bob McDonnell didn’t get everything he wanted in his five-year plan to raise $3.1 billion for surface transportation, but his proposal finally got the General Assembly to address the state’s crumbling infrastructure.
The Obama administration last week tried to make the arcane, Washington Beltway battle over looming spending cuts a little more personal by running Transportation Secretary Ray LaHood before the cameras and the press corps at the White House to explain how air travelers will feel the pain. On Friday, the federal government will […]
The liner carrier MOL saw most of its internal regional key performance indicators (KPIs) improve in January from December. Of 13 KPIs MOL tracks in its North America operations, eight improved, four held steady, and only one declined. The biggest improvements came in its lost call percentage, which fell from 2.2 percent in […]
A proposed law, H.B. 1719, that would force the ports of Seattle and Tacoma to employ drayage truck operators to move containerized cargo, was approved 5-4. The bill may be put on the state’s calendar for a second reading.
The European Parliament’s Environmental Committee has backed a proposal to officially suspend the European Union’s emissions trading scheme as it applies to airlines. In November, the European Commission proposed to “stop the clock” on the ETS, providing the International Civil Aviation Organization with enough time to come up with a global solution. […]
A trade facilitation agreement by the World Trade Organization would benefit the supply chain by reducing trade blockages at borders, according to the Global Air Cargo Advisory Group. Customs procedures are at the heart of such an agreement, and organizational changes are too important to be left alone, GACAG officials said. The […]
The Jacksonville Port Authority told the U.S. Army Corps of Engineers that it needs a 47-foot-deep channel to remain competitive. At a meeting of Monday, Jaxport’s board of directors voted unanimously to inform the Corps that it will pursue this harbor depth by supplying additional local investment for the project. “We all know that there […]
The U.S. Food and Drug Administration will start inspecting cantaloupe packinghouses, specifically targeting Listeria, during the 2013 growing season to assess current industry practices and identify unsanitary conditions that may result in consumer health risks. The agency will also continue to target imported cantaloupes at the border for sampling and may “engage in other […]
The European Shippers Council has proposed that problems related to misdeclared container weights can be dealt with through better exchange of information between shippers and container liner companies.
The cloud-based global ocean and air rate management provider CargoSphere on Tuesday released version 4.0 of its CargoSphere Rate Network (CRN). The new release is intended to provide a more intuitive, clearly defined and easy-to-use rate network for non-vessel-operating common carriers and freight forwarders seeking to collaborate with global agents. The network […]
