FedEx, UPS, XPO and Amazon are among the companies calling for an increase in the national standard; on the other side of the road is the Truckload Carriers Association.
Drewry study says manual processing and “cash against documents” are costly for liners, forwarders and NVOCCs.
FMC commissioner addresses changing container-shipping landscape and ongoing investigations.
After moving in different directions the previous week, both the SCFI and Drewry WCI gained ground last week.
Customs commissioner tells NCBFAA a lot of work remains to be done.
Multiple accidents have put automated cars and trucks in the hot seat.
A two-page proposal that will be considered in June could postpone the release of a final World Customs Organization framework for another year.
SeaIntel says if charter rates for feeders increase, the pricing spread between services calling direct port-port pairs and transhipment products could widen.
The bureau received 53 formal comments in response to an advance notice of proposed rulemaking for transactions in which a foreign buyer contracts with a U.S. agent to facilitate exports from the United States.
The cooperative effort allows the two carriers to manage sales and bookings for standard and express shipments between Europe and the U.S.
Stock in the third-party logistics provider began trading on the SIX Swiss Exchange on Friday at an initial price of 27.50 Swiss francs per share.
The London-based containership owner and operator has extended an order for five 11,000-TEU vessels from Hyundai Heavy Industries with an additional four 14,000-TEU ships.
The world’s second-largest container carrier has signed a 30-year concession agreement with Abu Dhabi Ports.
According to the latest Cass Freight Index Report, the continued growth of shipments “is yet another data point confirming that the strength in the U.S. economy continues to accelerate.”
Port of Los Angeles says reforms are a “step in the right direction.”
Shipping lines need to reach agreements with GE Transportation in order for the PierPass 2.0 program to move ahead.
The LTL holding company recorded a net loss of $14.6 million, compared to $25.3 million last year.
The Hong Kong-based containership lessor reported a net profit of $67 million for the quarter as revenues rose 11.7 percent to $244 million compared with the same 2017 period.
The aircraft manufacturing giant will acquire KLX in a deal valued at $4.25 billion.
The $69.3 million deal includes 16 pressure barges with an aggregate capacity of about 258,000 barrels.
