The U.S. International Trade Commission is seeking input for a newly initiated investigation on the effect of correcting the U.S.-Korea Free Trade Agreement product-specific rules of origin. The investigation, “Effect of Adding References to HS 6104.32 to Correct the U.S.-Korea Product-Specific Rules of Origin,” was requested by the U.S. Trade Representative in a […]
Newly released statistics from the Institute of Chartered Shipbrokers (ICS) show shipping bucking the trend in terms of cuts to training budgets, the London-based organization said. ICS said examination registrations for the institute are up 44 percent, providing a “sharp contrast to the downbeat maritime industry forecasts for the medium to long term.” […]
LeanLogistics, a Michigan-based provider of transportation management system applications and supply chain services, has updated its On-Demand TMS software with new features centered on logistics, shipment optimization and emission reporting. One of the key improvements of its On-Demand TMS v.12.1.0 is the inclusion of tools to calculate and report greenhouse gas emissions in line […]
No. 10 Hecny Shipping By Eric Johnson Welcome to the third installment of our yearlong countdown of the top 12 non-vessel-operating common carriers for U.S. inbound containerized cargo. Using data provided to American Shipper by the trade intelligence firm Zepol Corp., we’ll take a closer look at each of these companies in terms […]
“We have created a balance sheet that allows DP World to meet the long-term strategic requirements for investment into profitable growth opportunities, whilst maintaining a very disciplined approach to capital allocation,” said the DP World chairman.
Mica Rep. John Mica, the chairman of the House Transportation and Infrastructure Committee, last week introduced legislation to extend by three months federal authority for highway and transit programs that are scheduled to expire on March 31. The House leadership is expected to bring the measure to the floor for a vote this week. […]
In its latest SeaIntel Sunday Spotlight newsletter, research shows there can be a 40 percent difference in on-time rates among carriers in the same alliance or vessel-sharing agreement.
The new container drayage operation will strengthen Old Dominion’s network in California, which includes a drayage facility in Los Angeles and 12 LTL service centers across the state, said the director of container operations.
The liner carrier Mediterranean Shipping Co. is planning to hike rates from Asia to the east coast of South America from mid-April. The increase, $500 per TEU, is applicable from April 15 on Asia export cargo.
Deutsche Shipping, Deutsche Bank’s shipping finance division, said it increased loan commitments by one-third in 2011 approving loans of 1.6 billion euros ($2.1 billion) compared to 1.2 billion euros in 2010, despite persisting market difficulties. Ralf Bedranowsky and Simon Booth, global co-heads of Deutsche Shipping, said loan commitments expanded particularly in the growth market of […]
The port authority on Friday submitted to federal officials a formal request that a project to raise the roadway of the Bayonne Bridge be considered for expedited review under President Obama’s executive order on permitting and federal review.
SATO, a provider of barcode printing, labeling, and radio frequency identification device technologies, will acquire Achernar, a privately held firm based in Buenos Aires. Achernar, founded in 1971, is one the region’s largest providers of adhesive labeling services to industries including food, cosmetics, electronics and postal services. SATO said the acquisition is part of a larger plan to expand […]
The U.S. Trade and Development Agency awarded a $571,458 grant to Morocco to support a feasibility study to improve safety and security at the Port of Casablanca. The grant was specifically issued to Marsa Maroc, a major port operator in Morocco. The Moroccan government is planning to invest $360 million to modernize the port infrastructure […]
Hugo Boss, a German fashion provider, has partnered with DHL Supply Chain to improve its logistics operations in Mexico. DHL Supply Chain, a sister-company to Exel, will provide inventory management, labeling and packing shipments according to the specifications of Hugo Boss clothing retailers, as well as reverse logistics processing of items that are returned at […]
Compagnie Maritime Belge (CMB), an Antwerp, Belgium-based dry bulk vessel operator, has acquired the assets of Delphis. Delphis is a subsidiary of SAVERCO, one of CMB’s reference shareholders. The acquisition will include a 50 percent participating interest in the joint venture company Ocean Capes Ltd., owner of the cape-size vessels Mineral Subic, […]
International Terminal Systems Ltd. (ITS) has hired Allan Jones as its new head of business development. He has a background in maritime and logistics technology. At ITS, Jones will focus on expanding the company’s base of maritime and logistics customers.
The Chamber of Shipping of America presented its Halert C. Shepheard Award to Vice Adm. Brian M. Salerno, deputy commandant for operations at the U.S. Coast Guard, last week during the Connecticut Maritime Association’s Shipping 2012 conference. The award recognizes an individual who has made exceptional contributions to merchant marine safety, security or environmental protection.
It has yet to be decided which carriers will deploy ships on a new Japan-U.S. West Coast service to be started by the Grand Alliance and Hanjin Shipping, as reported by American Shipper on March 20. The five-ship loop is due to start from May 10, and Hanjin will be taking slots on the […]
The Agriculture Transportation Coalition (AgTC) said Thursday it has prepared a certificate of origin for agriculture products for use on shipments to South Korea now that a free trade agreement between the United States and South Korea has kicked in.
Good360, a company that focuses on philanthropy efforts, opened its new national sorting and distribution center in Omaha, Neb. The nonprofit consolidated several warehouses where it stores and sends product donations for thousands of charities into the new Omaha facility. Goods were previously stored in 12 cities in the United States and Canada. […]
