Canaveral Port Authority said a Civil Works Review Board for the Feasibility Study for Canaveral Harbor on Oct. 3 gave unanimous approval for submission to the U.S. Army Corps of Engineers. Port Canaveral said the project to widen its 400-foot-wide harbor by 100 feet and to deepen it by two feet along its […]
The Obama administration hopes to complete development of a national freight policy early next year when Congress is expected to begin debating a long-term surface transportation plan that authorizes how money is spent and sets federal policies.
The Swiss forwarder and logistics company Panalpina warned further weakening of air freight volumes will impact its profitability. “After a weak July and an improvement in August, we expected our air freight volumes to grow sequentially in September. However, compared to August they came in much weaker than seasonally normal, especially on Europe-related trade […]
Cathay Pacific and sister airline Dragonair saw air cargo volume rise 2.4 percent year-on-year in September. The two airlines carried 134,584 tons of freight during the month. The airlines’ joint load factor was down 2 percent to 62.8 percent, while capacity decreased by 0.3 percent. Year to date, tonnage has declined by 8.3 percent against […]
Cargolux, Europe’s largest all-cargo airline, has entered an agreement to have CHEP Aerospace Solutions manage its cargo containers through 2017. Cargolux and CHEP, which previously operated as Unitpool, started their partnership in 2009. CHEP manages pools of air cargo containers, known as unit load devices or ULDs, for numerous airlines. “Three years […]
Alemán Zubieta Alberto Alemán Zubieta, the former administrator of the Panama Canal, will be presented with the Container and Intermodal Institute’s “Connie Award” on Dec. 10 during a luncheon in Newark, N.J. The $5.25 billion canal expansion project, which began under Alemán Zubieta’s leadership, will double the waterway’s capacity and involves construction of a new […]
The United States and Israel on Monday signed an agreement to ease burdens on U.S. companies, especially smaller manufacturers, seeking to export telecommunications products to Israel, while maintaining the United States’ high technical standards and facilitating cross-border trade. Under the Mutual Recognition Agreement between the Government of the United States and the Government […]
Aljex Software has integrated TransCore’s DAT Direct into its transportation management system. Aljex customers can now access DAT capabilities directly from Aljex without opening a second application or window, the Middlesex, N.J.-based company said. DAT data can also populate Aljex’s screens and enhance the time-savings of Aljex’s SmartSearch. Integration with DAT Direct […]
“The decision to suspend the service is based upon prevailing non-compensatory rate levels from the East Coast and longer roundtrip voyages which translate to higher costs for HMM,” the line said in a statement.
The Japanese carrier expects worldwide demand for PCTC transport to “steadily expand” and its four new vessels on order will transit the new Panama Canal locks when operational in the autumn of 2014.
He previously was senior vice president of liner services and business development for the North Carolina Ports Authority, where he was responsible for marketing and pricing container, bulk and breakbulk business activities.
William J. Shea, chief executive officer of DCLI, said his firm’s participation in the CCM pools “will increase flexibility for our customers and supplement our existing extensive chassis supply network.”
The U.S. Transportation Department said it’s scrapping obsolete ships in the Suisun Bay Reserve Fleet in California at a faster than anticipated pace. In 2010, the Maritime Administration said it would remove 28 ships from the fleet by Sept. 30, 2012. To date, 36 ships have been removed, and three more vessels are […]
The U.S. Transportation Department’s Maritime Administration said it will award $2.36 million to six state maritime schools. MarAd awarded $392,913 each to the California Maritime Academy in Vallejo, Calif.; Great Lakes Maritime Academy in Traverse City, Mich.; Maine Maritime Academy in Castine, Maine; Massachusetts Maritime Academy in Buzzards Bay, Mass.; SUNY Maritime College […]
Talks between the International Longshoremen’s Association and U.S. Maritime Alliance on a new labor contract will continue this week with assistance from the Federal Mediation and Conciliation Service (FMCS).
Non-vessel-operating common carrier Troy Container Line will add new LCL services to and from South America this month. Weekly service will begin out of New York on Oct. 18, and includes Argentine destinations Buenos Aires, Rosario and Córdoba, as well as Montevideo, Uruguay and Santos, Brazil. Troy will work with Argentina-based MSL to […]
Strong performance by its intermodal business helped J.B. Hunt Transport Services report a profit of $78.2 million in the third quarter ending Sept. 30, compared to $68.7 million in the same 2011 period. Revenue was $1.05 billion in the quarter, compared to $947 million in the third quarter of last year. J.B. Hunt […]
Marygrace Collins, vice president of New York-based Bulkore Chartering, was elected president of The Federation of National Associations of Shipbrokers and Agents (FONASBA) at the organization’s 43rd annual meeting in Venice on Friday. She succeeds Christakis Papavassiliou who steps down after a two-year term as president. Based at London’s Baltic Exchange, FONASBA is […]
Chicago-based law firm Freeborn & Peters LLP has formed a transportation team. The industry-focused group will address the legal needs of companies across the transportation sector, particularly those in the trucking, railroad, logistics and intermodal segments. The team, which includes 13 attorneys, will be led by Cindy Bergmann, a partner in the […]
The U.S. Commerce Department on Thursday reported the country’s exports fell 1 percent in August to $181.3 billion. Imports also declined 0.1 percent to $225.5 billion. Overall, the August U.S. trade deficit increased 4.1 percent from July to $44.2 billion. The Obama administration said a bright spot in the August trade figures […]
