Feb. 1’s accidental engine space flooding on one of the world’s largest and most expensive to operate container vessels provided an unexpected insight into the commercial difficulties facing owners like Maersk Line due to the imbalance between the global supply of ship capacity and cargo demand. A spokesman for the line reportedly confirmed […]
The union said its Wage Scale Committee, a group of about 200 delegates, will meet in Tampa, Fla., on March 12-14. The committee is the group that decides whether or not to recommend to union members to approve the union’s master contract with employers.
The ownership of the combined company, which would generate $38 billion in revenues, is to include a 72 percent stake for creditors of American’s parent company. US Airways shareholders would take the remaining 28 percent.
David V. Aguilar is taking retirement and will step down as the head of U.S. Customs and Border Protection, the Department of Homeland Security announced late Friday. His retirement takes effect at the end of March.
In a brief announcement IAG Cago, the amalgamation of British Airways and Iberia Airways, has said it will implement a contingency plan to minimize the impact of an upcoming Iberia strike on its customers. Unions for Iberia’s workers announced last week that their strikes will take place Feb. 18-22, March 4-8, and March […]
The U.S. shippers’ group said its proposal, submitted in 2011 to increase rail competition, “represents one of the best efforts to achieve rail regulatory reform since the passage of the Staggers Act over 30 years ago.”
The U.S. Federal Maritime Commission will consider changes that would allow foreign non-vessel-operating common carriers to use Negotiated Rate Arrangements (NRAs) during a meeting on Wednesday. In December, the commission directed its staff “to prepare a proposed rule incorporating a foreign NVOCC registration requirement and service requirements in a draft advanced notice of proposed rulemaking.” […]
FedEx in 2014 will begin using 15 electric tow tractors at its air hubs in Oakland, Calif., and Memphis, Tenn., and that have been retrofitted with hydrogen-powered fuel cells subsidized by the U.S. government. The U.S. Department of Energy awarded Plug Power of Latham, N.Y., $2.5 million to modify ground-service equipment as part of its […]
Last year, UPS ramped up its ocean freight offerings, expanding less-than-containerload services to more than 300 lanes. The integrator now offers direct LCL service on 1,700 lanes to 116 countries. UPS recently added 139 outbound lanes and 42 intra-region lanes in Asia, including 12 inbound and outbound lanes in South Korea and 10 […]
A new study has found that 59 percent of shippers use performance metrics to manage freight costs and 43 percent are currently running or planning to implement a transportation management system (TMS), according to research conducted by the privately-owned truckload carrier U.S. Xpress Enterprises. The survey of more than 400 logistics managers, conducted […]
The Commerce Department on Friday reported that U.S. exports of goods and services reached a record $2.2 trillion in 2012. Export records were seen across the board, including among capital goods, automotive vehicles, parts, and engines; consumer goods; and travel and tourism, the department said. “The administration’s efforts to promote U.S. exports […]
The chief commercial officer of Maersk Line, Lucas Vos, will leave the company at the end of April. He will also vacate his position as a member of Maersk’s Liner Management Board on the same date.
Large U.S. freight railroads are poised to invest $24.5 billion in funding, including $13 billion in private money, for railroad infrastructure and maintenance in 2013, according to the Association of American Railroads. The private funding will be used to upgrade or enhance rail network capacity. Railroads will also hire about 11,000 workers in […]
After nearly two months on a 17-week rotation, the ocean carriers Maersk Line and CMA CGM have increased the speed of their joint weekly TP3/TP9/Columbus pendulum service between Asia and the east and west coasts of North America. Roundtrip voyage time on the loop has decreased from 119 days to 112 days, or 16 […]
No reason was given by the agency for cancelling the Feb. 26-28 meeting in Baltimore, and there was no mention of alternative dates in the future, but a spokeswoman said CBP had difficulty securing a venue.
The harbor employers said in a statement “the ports of Los Angeles and Long Beach continue to operate normally.” The rejection by union members, however, raises questions about the settlement that ended a strike that shut down the ports of Los Angeles and Long Beach last fall.
The liner carrier Hamburg Süd said Friday it will raise rates on the trade between the west coast of North America and Northern Europe next month. The increase, $150 per 20-foot container and $300 per 40-foot container, is applicable to all cargo from Pacific ports in the United States and Canada. The increase […]
The American Trucking Associations is trying to get crashes that the truck driver didn’t cause or couldn’t have prevented erased from the FMCSA’s Compliance, Safety and Accountability monitoring system.
The national freight brokerage Total Quality Logistics (TQL) on Thursday released a new mobile application for shippers. TQL TRAX is designed to allow shippers to monitor the movement of their freight from their smartphone or tablet, with views into loads that are currently on the road and load stops. Users can also contact […]
The Congressional Maritime Caucus’ statement of purpose, included in a registration letter to a House administrative committee, says the group will be a “devoted ally to all components of the maritime industry.”
