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.
The Hong Kong-based air carrier will acquire the remaining shares in its cargo airline subsidiary in a deal that will see Cathay Pacific sell eight freighters to the minority stake holder, DHL International, and then lease them back.
The overall safety belt usage rate for drivers of all medium- and heavy-duty trucks and buses rose from 84 percent in 2013 to 86 percent in 2016, according to a report from the Federal Motor Carrier Safety Administration (FMCSA).
September’s truckload rates grew 4.2 percent year-over-year, setting a new all-time high for the index, according to the latest Cass Truckload Linehaul Index report.
A total of 5.9 million tons of iron ore were shipped on the Great Lakes during the month of October, which bettered the month’s 5-year average by 6.8 percent, according to data from the Lake Carriers’ Association (LCA).
Construction on the 63,000-square-meter freight hub in north central Germany is expected to break ground at the beginning of 2018.
FMC reviews 21 OTI license applications
The U.S. Federal Maritime Commission has received 21 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 21 ocean transportation intermediary license applications and changes for review.
Individuals knowing of a reason why an applicant should not receive a license should contact the Office of Transportation Intermediaries.
The U.S. Federal Maritime Commission has received 21 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 21 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Blue Axis Shipping & Freight, Allen, Texas (Sinu Jacob, president); Blue Global Line, Schaumburg, Ill. (Kook “Joseph” S. Lee, president); Brilliant Group Logistics Corp., Valley Stream, N.Y. (Shuping Wang, president); […]
The U.S. Federal Maritime Commission has received 21 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 21 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from ABC Logistics, Seattle (Mohamed Meselhy, vice president); Alpha Total Solutions, Rancho Dominguez, Calif. (Tino M. Tsai, president); ANC Express, Jamaica, N.Y. (Sung “Sam” S. Hong, president); and Majestic Superior Logistics, Seatac, […]
Individuals knowing of any reason why an applicant should not receive an OTI license or amendment are urged to contact the Office of Transportation Intermediaries.
Individuals knowing of any reason why an applicant should not receive an OTI license or amendment are urged to contact the FMC’s Office of Transportation Intermediaries.
The Commerce Department said it will begin to collect countervailing duties on imports of biodiesel from Argentina and Indonesia based on findings that the two countries provide subsidies to these producers and exporters.
The technology company, which has been at the forefront of driving application programming interface (API) usage in trucking and logistics, is adding full truckload visibility to its existing less-than-truckload (LTL) and small package tools.
EU and Chile begin Association Agreement negotiations A first round of negotiations between the EU and Chile for a modernized Association Agreement will take place Nov. 16 to update the 14-year-old EU-Chile Association Agreement to bring its political and cooperation ambitions and trade provisions into line with the EU’s modern agreements. Lighthizer’s statement on US-Indo-Pacific Trade […]
