The liner carrier Hainan PO Shipping will in December start a new transpacific service connecting northern China and South Korea with California ports, the line said this week. That bucks the recent trend of lines pulling transpacific capacity, both to rationalize supply for the winter and to more broadly align supply with static […]
Four U.S. maritime unions say the Maritime Administration and its leader David Matsuda should be “ashamed of itself” for issuing a report comparing U.S. and foreign-flag ship operating costs without seeking their input.
The Senate Environment and Public Works Committee on Wednesday unanimously passed a bill authorizing surface transportation programs for two-years at existing funding levels of $85 billion.
The latest volume figures from Container Trade Statistics show that trade slowed significantly in September on the westbound Asia-Europe trade. Volume reached 1.1 million TEUs during the month, a 0.2 percent increase on September 2010. For the third quarter, westbound Asia-Europe volume grew 4.1 percent, to 3.7 million TEUs, the lowest growth of […]
Container service reliability improved for the second quarter in a row during the third quarter of 2011, according to Drewry Maritime Research’s latest Schedule Reliability Insight report. The proportion of 3,281 ships arriving on time (defined as either arriving at port on the advertised ETA or a day earlier) at selected ports in […]
The Coalition for American Solar Manufacturing (CASM) supports the antidumping cases initiated by SolarWorld Industries Americas, while The Coalition for Affordable Solar Energy (CASE), formed last week, warns against them.
Donjon Marine, a New Jersey-based marine services provider, has named Paul Hankins to vice president of operations for its salvage and engineering division. Hankins, formerly president of Donjon-SMIT, will work with the company’s U.S. Navy salvage services contract, as well as its Coast Guard basic ordering agreement. Hankins has more than 22 […]
From Larry P. Garrison Alcoa Fastening Systems About seven years ago, we obtained a listing from the Census Bureau of export filings done in our name. It contained about 4,700 lines and 1.3 percent of them were accurate. We determined it was the result of bad guesswork by forwarders and bad data from our companies. […]
Port says it should not yet be blamed for refrigerant contamination. The mainenance and servicing of reefers is handled by third party vendors, some outside the view or purview of the terminal operator.
Import cargo volume at the nation’s major retail container ports is forecast to fall 1.9 percent in November from the same month in 2010, according to the monthly Global Port Tracker report released Tuesday by the National Retail Federation (NRF) and Hackett Associates. “As always, retailers are being very strategic with their supply […]
Asia-Pacific Economic Cooperation report says time savings in border clearance resulted in net savings of 5 percent between 2006 and 2010, even though real costs have gone up.
PayCargo, a provider of electronic invoicing and settlement solutions for the shipping industry, has continued its run of alliances and partnerships with an agreement with Gemini Shippers Group, an association that offers membership to importers and exporters of various products. In the last year, PayCargo, a subsidiary of e-commerce and payment processing giant […]
U.S. Customs and Border Protection has been working for more than a year on a way to simplify the customs entry process and is now ready to test its concept with private sector volunteers that ship goods by air. Instead of filing the customs entry when all 27 pieces of required data are in hand, […]
“Our industry has returned to the dark side,” said Ron Widdows, the former CEO of Neptune Orient Lines. Asia-Europe rates are below 2009 levels and volatility has become a significant factor.
Seago Line, the intra-Europe subsidiary carrier of the A.P. Moller-Maersk Group, has joined the ocean freight booking platform INTTRA, the company said Tuesday. Seago’s parent company was a founding member of INTTRA, along with a handful of other European lines. The line began operations in April when Maersk segmented its pure Europe and […]
COSCO Container Lines this week released a number of revisions to its bunker and currency surcharges on trades to and from Europe from Dec. 1. The line’s bunker adjustment factors (BAF) will be: • From the Far East to northern Europe, $788 per 20-foot container and $1,576 per 40-foot container • From the […]
The Retail Industry Leaders Association (RILA) has named Deborah White as executive vice president and general counsel, the organization said Tuesday. As RILA’s chief legal officer, White will oversee all association corporate governance and related legal activities and serve as the primary liaison to RILA member company general counsels and members of the […]
OIA Global, a logistics services provider, has opened a European regional office in Zurich, Switzerland. The company said the new office provides management support to its European partners and joint ventures. OIA announced Roland Stegmann, who joined the company on Nov. 1, will head the Zurich office. OIA also has a branch office in […]
Maersk Line, the A.P. Moller Maersk Group’s liner carrier division and the world’s biggest container line, sustained $257 million of operating losses in the third quarter, the parent company said in a financial earnings call Wednesday. That cut significantly into the line’s profits for the year, which stood at $145 million through three […]
