Retailers are expected to ship heavier cargo quantities through the nation’s ports in January to beat a strike by longshoremen at East and Gulf coast ports on Feb. 6, if a contract isn’t reached.
The review, which is a joint undertaking between the Federal Aviation Administration and Boeing, will also examine how the electrical and mechanical systems interact.
At the conclusion of meetings last week in Lima, the United States and Peru agreed on a five-point action plan to support Peru’s forestry sector reform and further the South American country’s implementation of its obligations under the U.S.-Peru Trade Promotion Agreement (PTPA) Annex on Forest Sector Governance. This plan will deepen the […]
A case team from the European Commission has informed officials from UPS and TNT Express that it’s rejecting a proposed $6.3 billion merger between the two integrators. UPS officials have told TNT Express that they see no path toward acquiring the company and will not pursue the transaction without EC approval. The merger, […]
The Virginia Port Authority said its terminals handled 2.1 million TEUs of containerized cargo in 2012, 9.8 percent more than in 2011. The TEU count was just 22,479 units shy of Hampton Road’s biggest volume year in 2007.
FAPS, Inc., the leading terminal for import and export of automobiles in the Port of New York and New Jersey, said on Friday it had completed a recapitalization with investment firm Seacoast Capital.
The Georgia Ports Authority said Giumarra International Berry has begun moving fresh blueberries from Chile through the Port of Savannah to better serve Atlanta and other Southeastern markets. The first shipment of South American blueberries arrived Jan. 8. “We’re excited to enter this new partnership with Giumarra International Berry, which highlights the […]
Hapag-Lloyd said it will launch a new service between Germany and Poland. The Poland Express Service (PEX) provides a second dedicated and direct service for cargo to and from Poland, connecting with Hapag-Lloyd’s global liner services at the ports of Hamburg and Bremerhaven. The service offers fixed-day sailings with a Bremerhaven, Hamburg, Gdynia, and Bremerhaven rotation. […]
Exports of goods and services over the past 12 months totaled $2.2 trillion, 38.7 percent higher than the level of exports in 2009, with exports growing an average of 11.9 percent annually in that time, according to data released by the U.S. Commerce Department’s Bureau of Economic Analysis. Among major export markets, the top […]
PSA International handled 60.06 million TEUs at its terminals in 2012, 5.2 percent more than in 2011. Volumes were up 6.4 percent to 31.26 million TEUs at the flagship PSA Singapore Terminals and up 3.9 percent to 28.8 million TEUs outside Singapore. PSA is one of the largest global port groups. With […]
Freight forwarder China Logistics Group has linked up with a Chinese trucking company, leasing a small fleet of trucks to begin a domestic operation based in Shanghai. The company’s goal is to serve forwarding customers. While starting in strategic points around the region, the company will expand to ports along the Chinese […]
The Italy-based classification society RINA Group has been chosen as the International Association of Classification Societies (IACS) partner to support the development of Tasneef, a new classification society for the United Arab Emirates. Tasneef has been established in Abu Dhabi and plans to expand with future worldwide offices. Working in partnership with RINA, […]
Sources have confirmed to American Shipper reports that the so-called “G6 Alliance” of liner carriers will extend its cooperation beyond the Asia-to-Europe trades to the Asia-to-East Coast of the United States.
A number of factors ranging from the impending U.S. hours of service requirements to a lack of drivers on the road will lead to a tightening of trucking capacity this year, taking more market share from air freight carriers.
Port Logistics Group has acquired the Washington-based warehousing and transportation provider Pacific Distribution, adding more than 600,000 square feet of warehouse space to its 4 million-square-foot portfolio. The new company also brings with it several national retail clients in the apparel, footwear and coffee sectors. PDS will keep its own team in place and […]
The global terminal operator PSA International saw throughput handled at its terminals in 2012 rise 5.2 percent year-on-year to 60.1 million TEUs. Volume at PSA’s flagship terminals in Singapore grew 6.4 percent to 31.3 million TEUs, while at terminals outside of Singapore, volume grew 3.9 percent to 28.8 million TEUs. “2012 was […]
CBP last month published notice of its intent to increase by $500 the limit for which merchandise may qualify for an informal entry, thereby eliminating the need for a surety bond, expediting customs clearance and reducing the MPF amount.
Domestic energy production, expanding trade opportunities, and regulatory,immigration and budget reforms, are key areas Washington should focus on this year to speed up U.S. economic growth, U.S. Chamber of Commerce President Thomas Donahue said Thursday in his annual “State of American Business” address. The nation’s largest business federation is forecasting the U.S. economy will […]
The global enterprise resource planning (ERP) giant on Thursday unveiled a new database option for its system that allows for the capture and analysis of transactional data on a real-time basis.
The Port of New Orleans and other Louisiana ports are operating business as usual, having avoided the problems related to shallow water levels in the upper Mississippi. “We do not anticipate any interruptions to deep-draft shipping or cruise operations within the Port of New Orleans as a result of the low river stages,” […]
