Wallenius Wilhelmsen Logistics said Tuesday it has opened a new office in Moscow to support its current Russian presence in St. Petersburg. “Moscow is the central vehicle logistics hub in Russia, a market that, after a short set-back in 2009, has seen rapid growth in the automotive and rolling equipment sector over […]
Panalpina said Tuesday it has opened a new logistics center on the outskirts of Moscow to tap into demand for high-value cargo. The Swiss freight forwarder said it has paid particular attention to security needs for the 6,000-square-meter facility. The center is aimed at in high-tech, automotive, high-end fashion, telecommunication, and healthcare customers “looking for […]
The Massachusetts Port Authority said it expects the operating deficit at its main container terminal to double because of weak trade and suspension of a CKYH alliance service to Boston.
Washington State Gov. Chris Gregoire said the ILWU and grain terminal EGT reached a tentative settlement on pending legal issues surrounding labor disputes at EGT’s grain export facility in Longview.
The U.S. Commerce Department investigate imports of large residential washers from South Korea and Mexico for dumping violations.
The U.S. Commerce Department agency conducted investigations in fiscal year 2011 that resulted in the criminal conviction of 39 individuals and businesses.
The United States and Canada on Monday signed a two-year extension of the 2006 Softwood Lumber Agreement (SLA), so that the agreement will be in effect through Oct. 12, 2015. “The Softwood Lumber Agreement is very important for U.S. producers, particularly when both sides of the border are facing weak demand,” said U.S. […]
Memphis, Tenn.-based FedEx has announced the expansion of its SenseAware product, which provides shippers with near real-time tracking and increased shipment visibility, to all of its customers. The platform, launched in November 2009, was initially available only to healthcare and life sciences customers. FedEx has now expanded the product to anyone “who […]
The United States filed an appeal in the World Trade Organization dispute with Mexico challenging the United States’ dolphin-safe labeling measures for tuna products sold in America.
A consortium of companies building a new set of locks for the Panama Canal said it has agreed to increase the minimum hourly wage for workers from $2.90 to $3.34, ending a worker strike.
The Coast Guard has set up a temporary safety zone around the Export Grain Terminal (EGT) located on the Columbia River in Longview, Wash., in anticipation of additional demonstrations by longshoremen.
Union Pacific reported it had a profit of $3.29 billion in 2011, 18 percent more than the $2.78 billion earned in 2010, despite weaker intermodal and agricultural volumes. Operating revenue for the railroad amounted to $19.6 million in 2011, 15 percent more than the $17 billion recorded in 2010. Fourth quarter […]
The liner carriers CMA CGM, China Shipping, and UASC will expand their cooperation on the Asia-Europe trade from February to a jointly run Asia-Middle East service, according to a notice last week from UASC. The service is particularly notable because it will be operated with ships of between 12,500 and 14,000 TEUs, which […]
Liner carrier OOCL said container volume rose 5.6 percent year-on-year in 2011, despite a 2 percent drop in the fourth quarter, according to an operational update from parent company OOIL.
Some liner carriers may have aided their revenue collection in 2011 through higher currency surcharges, according to research from the maritime analyst SeaIntel. SeaIntel analyzed the development of currency adjustment factors (CAF) on the Asia-Europe trade and came to two main conclusions. First, the CAF charged varies significantly across carriers, with […]
Three container lines that operate a service between Europe, the Caribbean, and the west coast of South America will increase the size of their vessels on the service from early February, according to a notice from one of the lines, Hapag-Lloyd. The line’s SW2 service, which it jointly runs with Hamburg Süd and CMA […]
The liner carrier Mediterranean Shipping Co. said last week it is raising U.S. export rates to Asia from March 1. The increases are $50 per 20-foot container and $100 per 40-foot container from U.S. West Coast ports; $100 per 20-foot container and $150 per 40-foot container from U.S. East or Gulf coast […]
By Eric Kulisch On Jan. 17, the U.S. Fish and Wildlife Service said a ban on the import and interstate transportation of four non-native constrictor snakes – pythons – would go into effect in two months. The decision was made to protect the ecological balance of the Florida Everglades where these giant predators feed on birds, mammals, and reptiles, some […]
SDV International Logistics confirmed this morning that it has bought into various parts of the FAST group of freight forwarding companies, though it declined to say how many would be controlling stakes. The company did acknowledge that it acquired 100 percent of FAST Italy. The amount paid was not disclosed, but SDV said it hopes to keep on all […]
