There’s nothing clean or simple about UPS’ proposed $6.3 billion takeover plan of TNT Express, a deal that would create a logistics giant poised to put competitors FedEx and DHL far in the rearview mirror. Due to competition concerns raised by the European Commission — preventing a monolithic juggernaut that would stifle all […]
Weak economy, oversupply of ships, other challenges make 2013 a bumpy year for shippers. By Chris Dupin Aweak global economy and continuous deliveries of large new containerships seem likely to make 2013 a challenging year for relationships between liner carriers and their customers. While many carriers reported a big improvement in earnings […]
Initiatives reduce compliance burdens, increase benefits for C-TPAT partners. US. companies that have been certified as operating secure supply chains could soon achieve faster processing of their international cargo by taking advantage of three new measures recently unveiled by border management officials.
How much notice should be given to a shipowner when asked to carry hazardous cargo? That issue is discussed in a recent summary order that is part of the litigation growing out of the March 8, 2005 explosion on the Rickmers Genoa. (See: Chem One Ltd. v. M/V Rickmers Genoa. 2nd Circuit. No. 10-4934-cv(L). […]
Trade negotiators addressed U.S. concerns related to intellectual property, eliminating significant regulatory obstacles to U.S. exports, and dealing with issues concerning China’s Government Procurement Agreement accession.
“Our customers will benefit from an increased service offering and global competence base as well as one of the densest networks,” said DNV’s Group CEO Henrik O. Madsen, who will be the CEO of the combined new company.
Due to a drought that has caused the water level in the Mississippi River to dwindle, the Army Corps of Engineers has begun adding water to the river, increasing releases from Carlyle Lake in Illinois.
CSX Transportation has shuffled some of its management on the operations side of the railroad. Gary Bethel, currently vice president for mechanical, has been named vice president of the northern region, succeeding Craig King, who is retiring. Frank Lonegro, currently president of CSX Technology, will succeed Bethel as vice president for mechanical. Lonegro […]
“European shippers insist that a mandatory deadline for the delivery of the final shipping instructions by the shipper to the carrier’s office will largely solve the issue of ‘misdeclared container weight,’” the Brussels-based group said.
Millard Refrigerated Services announced plans Wednesday to develop and operate a $42 million refrigerated warehouse in Charleston County, S.C. The company said the cold storage facility, located at the Palmetto Commerce Park in North Charleston, would give it the ability to freeze and store poultry, pork and beef products and export them through the […]
The U.S. economy grew at an annual rate of 3.1 percent in the third quarter, according to the Bureau of Economic Analysis’ final estimate Thursday morning. With more complete source data about economic activity, the agency revised upward its earlier estimate of 2.7 percent growth. In the second quarter, real Gross Domestic Product increased […]
The Halifax Port Authority board has renewed Karen Oldfield’s contract to continue as president and chief executive officer. Her new five-year contract takes effect Jan. 1. “Ms. Oldfield and her management team have been instrumental in guiding our port through challenging times, ensuring diversification and significantly enhancing our outreach to new markets […]
Crowley Maritime Corp.’s liner services division has appointed Tony Otero to vice president of Caribbean services. Otero replaces Matt Jackson, who will take on a new position in Crowley’s petroleum services Jan. 1. In his new role, Otero will be responsible for sales, marketing and operational shipping activities throughout Crowley’s network in the […]
The U.S. Transportation Department this week announced six actions to eliminate “out-of-date or duplicative paperwork, saving taxpayer dollars and reducing the workload for businesses across the country.” DOT’s announcement comes in response to an executive order issued by President Obama in May, which instructed federal agencies to examine all existing rules and requirements […]
The Commerce Department on Tuesday announced that it determined utility-scale wind turbine towers from China and Vietnam were both dumped on the U.S. market and received government subsidies during their manufacture. Dumping occurs when an overseas company sells a product in the United States at less than its fair value, while countervailable subsidies are […]
