The Commerce Department has determined that imports of tool chests and cabinets from China and Vietnam are being dumped on the U.S. market at less than fair value.
Virgin Atlantic Cargo appoints director of commercial and business development, and director of operations; Canadian Pacific board member resigns; STTAS names vice president of European operations; and Air Partner appoints freight trading manager.
PierPass, which is operated by container terminal operators at the ports of Los Angeles and Long Beach, has retained consulting firm The Tioga Group to explore ways of providing further traffic mitigation benefits at the Southern California port complex.
The German ocean carrier posted year-over-year increases in net profit, revenues and volumes during the quarter as it nears completion of its integration with United Arab Shipping Co., which it officially merged with on May 24.
Despite an 8 percent decline in October container traffic, the Port of Los Angeles is still on track to be the first North American port to ever move 9 million TEUs in a calendar year, according to port officials.
The combined entity will operate as Day & Ross Dedicated Logistics USA, a division of Day & Ross USA Inc.
Port officials and industry analysts attribute the record-setting import growth across the U.S. port sector this year to a strong economy that has spurred consumer demand and spending.
Logistics provider and container terminal operator Hamburger Hafen und Logistik AG (HHLA) recorded group revenues of 942.8 million euros for the first nine months of 2017, up 8.3 percent from the corresponding 2016 period.
Chain.io, which focuses on providing connectivity to companies that lack resources to consume application programming interface (API) technology, will integrate SMC³’s visibility messages via API.
U.S.-flag vessels shipped 9.5 million tons of cargo in the Great Lakes during October, according to data from the Lake Carriers’ Association (LCA).
The Nov. 10 AS Daily article, “HMM posts loss in Q3 2017,” reported that Hyundai Merchant Marine (HMM) had a net loss of KRW 968.7 billion for the third quarter of 2017, but that figure was HMM’s net loss for the first nine months of 2017. HMM’s net loss for the third quarter of […]
Industry veteran Bill Rooney, vice president of strategic development at Kuehne + Nagel, and others tell New England trade leaders that alliances broaden carrier networks and are a symptom, not the cause, of the recent downturn in container shipping.
Affirmative final determination on imports of hardwood plywood from China The Commerce Department determined that exporters from China sold hardwood plywood products in the United States at 183.36 percent less than fair value. Safeguard measures on solar products Additional detail on a process to allow interested parties to submit views and evidence on the appropriateness of […]
After being left without any container service since May 2016, the Port of Portland will begin receiving container cargo again in January when Swire Shipping begins calling the port’s Terminal 6.
The ocean freight technology provider’s new product is geared toward letting forwarders better manage data related to customer booking forecasts and carrier contract commitments.
Third-party logistics provider CEVA Holdings narrowed its loss to $22 million from a loss of $41 million for the third quarter of 2016 thanks to a sharp boost in operating income coupled with the positive impact of unrealized foreign exchange gain.
Nils Smedegaard Andersen, who served as group chief executive officer of A.P. Moller – Maersk A/S from December 2007 until July 1, 2016, was named chairman of European regional carrier Unifeeder’s board of directors.
If current infrastructure is not upgraded to accommodate vessels in excess of 10,000 TEUs, the Port of Melbourne could be overtaken by other Australian ports or carriers could deploy fewer services to the country as a whole, according to industry experts.
U.S. owners have spent $624 million on 52 distressed vessels so far in 2017 via auction or at bank sales, according to commercial ship valuation service VesselsValue.
September 2017 marked the twelfth consecutive month of rising intermodal rates as hurricanes Harvey and Irma contributed to a 12-14 percent increase in diesel prices, according to data from the latest Cass Intermodal Freight Index report.
