The U.S. Department of Agriculture forecasts that the country’s food and agricultural exports will reach $143.5 billion in fiscal 2013, well above the record set in 2011. At the same time, the USDA revised its fiscal 2012 forecast upward to a near-record $136.5 billion. Since 2009, U.S. agricultural exports have made gains of 50 […]
Yoshitani A debate has broken out over the Port of Seattle Chief Executive Officer Tay Yoshitani’s role on the board of Seattle-based freight forwarder Expeditors International. On Aug. 24, a group of 13 Washington state legislators wrote a letter to Seattle’s port commissioners that they were concerned the post on Expeditors’ board was […]
New Orleans port officials said they hope to resume normal operations by the weekend. The port only received some minor wind damage, and there are nine general cargo ships awaiting entry to its marine terminals.
China’s two major container lines – COSCO Container Lines and China Shipping – lost a combined $387 million in the first half of 2011, with both carriers performing worse this year than last during the period.
The largest organization in the country representing shippers is seeking the assistance of U.S. Transportation Secretary Ray LaHood to get contract talks restarted between dockworkers on the East and Gulf coasts and their employers.
The provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act is not widely favored by industry because of the perceived difficulty of tracking minerals through opaque supply chains.
The liner carrier members of the G6 Alliance between Asia and Europe said Wednesday they will skip four sailings during China’s Golden Week holidays in October. The skipped sailings are intended to rationalize capacity during a down period in the world’s biggest exporting nation. The move follows a similar one by Maersk Line, […]
The liner carrier Mediterranean Shipping Co. said Thursday it plans to increase westbound transatlantic rates from Northern Europe from Oct. 1. The increases are: $300 per 20-foot container and $350 per 40-foot container to Boston, New York/New Jersey, Philadelphia, and Norfolk. $200 per 20-foot container and $250 per 40-foot container to […]
Expedited freight transport provider Priority Freight has expanded its operations with the purchase of London Heathrow Airport-based specialist air cargo forwarder AWLI Group. Priority’s acquisition of the Heathrow forwarding arm of AWLI Group is part of the company’s goal to become a lead provider of time-critical and expedited freight services from the region. The […]
The marine logistics division of Geodis Wilson is placing its bets on Hamburg by setting up a new base that follows an increase in its cruise and cargo vessel supply business there. Geodis Wilson marine logistics’ “control tower” in Hamburg was initially installed to facilitate the management of two projects for Crystal Cruises in May and June. The […]
Effective immediately, ChemLogix parent Leaman Logistics has changed its name to CLX Logistics LLC for greater integration with its subsidiary companies. CLX, which said the name change also represents an expansion in its operations and logistics services, is the parent company of ChemLogix Global, a provider of international logistics services, and VistaLogix Global, an […]
SynchroNet Intermodal Services (SIS) has expanded its North American street-turn service to include shippers and non-vessel-operating common carriers to increase customer visibility. The service, which gives access to a larger container supply at preferred locations, is operated through SIS’ Web-based street-turn interface. Street turns, according to SIS, allow companies to decrease container yard and terminal handling […]
James A. Capo, chairman and chief executive officer for the U.S. Maritime Alliance (USMX), said he’s still hopeful the two sides will “get back together and get a deal worked out.”
The French port of Marseilles Fos has appointed Arnaud Ranjard to director of development. He replaces Dirk Becquart. Since 2008 Ranjard was strategy and development director for the container division of stevedoring company Euroports, which employs 2,500 personnel. In this role he developed several inland multimodal platforms, including Trilogiport at Liege and […]
The value of goods traded between the United States and its North American neighbors that moved by surface transportation increased 6.6 percent to $82.6 billion in June compared to 12 months earlier, the U.S. Bureau of Transportation Statistics said. Adjusted for inflation and exchange rates, the June trade total was $61 billion in […]
The Coalition for American Solar Manufacturing, a group of seven U.S. solar cell and panel manufacturers who fought to impose trade protections against Chinese-made imports, said a new market report “debunks” arguments from Chinese manufacturers who opposed the U.S. tariffs. “First, preliminary tariffs did not slow growth of the U.S. solar market in the […]
The U.S. economy grew at an annual rate of 1.7 percent in the second quarter, according to a revised estimate released Wednesday by the U.S. Commerce Department. A preliminary estimate last month showed gross domestic product increased 1.5 percent from the first quarter. The decrease in productivity from the 2 percent rate in […]
Local 1804-1 yesterday evening gave “the authority to recommend and call for a strike if that action becomes necessary when the current Master Contract expires on September 30, 2012.” Its members do maintenance and repair work.
The line said the skipped sailings will not impact its Daily Maersk product from Shanghai, Ningbo, Yantian, and Tanjung Pelepas to three main European destination ports. The product guarantees delivery time in Europe.
Miller Scott Miller, who retired earlier this year as director of global trade policy at Procter & Gamble, has joined the Center for Strategic and International Studies in Washington as a senior advisor on international business. He succeeds Meredith Broadbent, who has been appointed to the International Trade Commission and held the William […]
