Park Ridge, N.J.-based SeaCube Container Leasing Ltd. said it has filed a universal shelf registration statement with the Securities and Exchange Commission to provide the company flexibility to sell up to $75 million worth of securities after the registration statement is declared effective. SeaCube said it has no current plans to issue […]
The South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. said it expects new orders to drop 23 percent next year as shipping lines struggle with an oversupply of vessels and falling rates, according to a Bloomberg report over the weekend. Daewoo, the second largest shipbuilder in the world, said it has […]
The Maryland governor’s office has produced a new mobile application that gives truckers in the state a list of nearby emergency parking locations to ride out coming winter storms. Maryland’s Transportation Secretary Beverley Swaim-Staley announced the pilot for this program alongside the Maryland Motor Truck Association (MMTA) and I-95 Corridor Coalition, saying […]
Thor Liberty Finland’s Transport Safety Agency has rescinded an impoundment order on the ship Thor Liberty, which was detained in Kotka Harbor after what authorities said were irregularities in the packing of its cargo that included 29 Patriot missiles and explosives. YLE, Finland’s national broadcast company, reported during an inspection carried out on Monday, […]
The U.S. Justice Department and Coast Guard said a Florida man had been charged with fraudulent certification of cargo ships. An indictment issued last week charges Alejandro Gonzalez, 60, of Miami-Dade County, with making false official statements and obstructing agency proceedings. If convicted, he faces a maximum statutory penalty of five years in jail. According […]
By Eric Kulisch The Federal Motor Carrier Safety Administration on Thursday issued its final anti-fatigue rule governing how much time commercial truck drivers can spend behind the wheel before getting rest. The hours-of-service rulemaking had been highly anticipated for months. Within the trucking industry and its customer base there was almost universal consensus that the […]
A new transportation management Website has popped up, promising to help shippers, distribution centers, manufacturers, and other companies get better rates from a list of more than 28,000 available carriers. The RateMyShipment.com site comes from TranZcenter, a logistics and supply chain management services provider, and its head of operations Milton Collier. The network of […]
Texas-based American Movers Group, which focuses both on domestic and international moves, has announced it will use Track What Matters’ GPS asset tracking system to improve its records and help settle customer disputes. The GPS units on trucks will be used not only to ensure delivery but also track employee’s driving habits […]
Alan Bersin will step down as commissioner of U.S. Customs and Border Protection, effective Dec. 30, leaving behind an industry-approved record of trade facilitation reforms.
Homeland Security Secretary Janet Napolitano on Thursday named David Aguilar, deputy commissioner of U.S. Customs and Border Protection, as acting commissioner. Aguilar will take over Dec. 30, with Thomas Winkowski serving as acting deputy.
The Federal Motor Carrier Safety Administration (FMCSA) released its final “hours of service” rule for truckers on Thursday, reducing from 82 to 70 hours the maximum number of hours a truck driver can work within a seven-day period.
The Port of Baltimore took another step towards becoming a bigger center for containerized imports with the news this week that German liner Hapag-Lloyd will begin serving the Seagirt Terminal operated by Ports America as its first port of call on its transatlantic Gulf of Mexico Express service.
The liner carriers Hamburg Süd and Mediterranean Shipping Co. are merging two separate Mediterranean-east coast South America services into one from mid-January.
Test transmissions and processing of electronic sea and rail manifests for the new Automated Commercial Environment are going well, putting U.S. Customs and Border Protection on track to soon transition transportation providers to the new system, the agency announced Friday. A sea/rail manifest pilot program involving one rail carrier and one ocean […]
Finnish police and customs officials have reportedly seized a cargo of 69 Patriot missiles and explosives on the ship Thor Liberty bound for China. Patriot missile systems are made by Raytheon, the Waltham, Mass. arms maker.
U.S. Customs and Border Protection officers have removed thousands of unsafe Christmas lights from the distribution pipeline to stores after a central squad of analysts dedicated to import safety zeroed in on several questionable shipments.
The World Trade Organization Appellate Body agreed with the United States that Philippine excise taxes on imported distilled spirits were discriminatory and inconsistent with the Philippines’ WTO obligations. The appellate body affirmed similar findings made by a WTO panel earlier this year. The Philippines imposes taxes on imported distilled spirits, such as whiskey […]
Newly minted U.S. Commerce Secretary John Bryson will lead his first trade mission on March 25-30 to India, focusing on infrastructure opportunities. India plans to invest about $1 trillion in infrastructure during the next five years. “Selling more made-in-USA infrastructure products to India will help U.S. companies grow and hire more […]
CargoWise, which provides logistics technology platforms, has signed an agreement with Senator International to implement its ediEnterprise application across Senator’s operations. The implementation will cover more than 1,000 individual users across the Hamburg-based logistics services provider’s global operations. According to CargoWise, ediEnterprise is a modular supply chain platform designed to automate the operations “of international […]
Dupré Logistics, a Lafayette, La.-based third party logistics services provider, has named Jeff Colonna as vice president of operations. Colonna will oversee the operations of Dupré’s three business groups: site and private fleet services, strategic capacity services, and energy distribution services. He joined Dupré in 2009 as the director of operations for […]
