Unico Logistics agreed to lease one Panamax bulk carrier from Athens-based shipowner at a gross charter rate of $11,900 per day, minus a 5 percent commission to third parties, for a minimum of nine months.
XPO Logistics names chief executive officer of XPO Logistics Europe and managing director-supply chain, Europe; 3Gtms appoints managing director, EMEA; and the International Chamber of Shipping (ICS) names new chairman of the ICS marine committee.
Special 301 out-of-cycle review for Thailand The USTR is initiating an Out-of-Cycle Review (OCR) of Thailand’s Special 301 status due to positive steps the country has taken regarding intellectual property (IP). EU: Industrial Policy Strategy In the 2017 State of the Union Address, President Juncker touched on the EU’s Industrial Policy Strategy. Semiconductor corporation acquisition The […]
On the export side, the five biggest ports on the U.S. West Coast handled 12,556 fewer outbound TEUs in July 2017 than in the same month a year earlier, a decline of 8.3 percent, according to the Pacific Merchant Shipping Association (PMSA).
The United Kingdom’s Department for Transport has commission the release of a new code of practice for vessels with regard to maritime cyber security, Transport Minister Lord Callanan said during London International Shipping Week.
Due to potential safety issues in the aftermath of Hurricane Irma, vessels are prohibited from “entering into, anchoring, loitering, or movement” within a safety zone in the Florida Keys for the next two weeks, according to the U.S. Coast Guard.
The trucking and logistics company completed the disposition of all assets associated with its flatbed trucking division to a subsidiary of PS Logistics, LLC.
The Dubai-based terminal operator says that despite its investments in the PT Terminal Petikemas Surabaya, the company will not renew its operating contract at the terminal once it expires in 2019.
European airlines Lufthansa, IAG Cargo and Finnair all saw record cargo demand last month, according to a report from industry news outlet Air Cargo News.
The German ocean carrier is expecting to bring all of the refrigerated (reefer) units into service during October and November, a company spokesperson told American Shipper.
An upsurge in the sale of new cars in Sweden is reflected in import figures for automobiles, according to the Port of Gothenburg.
The Omaha, Neb.-based Class I railway revealed it is redesigning its marketing and sales organization “to align with evolving customer needs.”
Hong Kong International Airport attributed the 10.1 percent year-over-year boost in cargo volumes during the month primarily to an increase in exports.
Leidos Innovations Corp. has won a cost-plus-award-free contract from NASA to provide pressurized cargo packing and unpacking for the International Space Station Program.
THE Alliance Contingency Fund FMC voted to allow THE Alliance to establish a contingency fund that can be used to help member carriers manage through, and recover from, the insolvency or financial distress of a participating line. ACE transition delayed The date for the transition to ACE as the sole CBP-authorized EDI system for electronic […]
The legislation calls for the establishment of a National Freight Mobility Infrastructure Fund, which would be supported through a 1 percent fee on the shipment of freight cargo, to administer grants for infrastructure projects.
The French ocean carrier recorded a net income of $219 million on revenues of $5.55 billion for the second quarter of 2017, with volumes rising 33.3 percent year-over-year.
The grant, awarded under FEMA’s Port Security Grant Program, requires not only that the Port of Oakland pay 25 percent of the cost, but that the project be completed within three years.
Spot container rates from Shanghai to Europe and the Mediterranean declined since last Friday, while rates increased from Shanghai to the United States.
Former INTTRA and BCG xChange executive Virgil Ferreira has been named the new chief executive officer of freight rate management software provider Catapult International as part of a planned succession.
