Previously occupied by BAE Ship Repair and then Puglia Engineering, the shipyard at Pier 70 in San Francisco is undergoing investments and improvements including dredging and is now up for lease, according to the city and county.
Through the first six months of the year, full import volumes at the Pacific Northwest ports of Seattle and Tacoma were up 6 percent to 803,357 TEUs, while full exports were flat at 540,344 TEUs, according to data from the Northwest Seaport Alliance.
New business-to-consumer e-commerce practices are rapidly changing the way retailers and their supply chain providers operate, as well as how governments apply trade oversight.
The Neopanamax vessel CMA CGM Theodore Roosevelt, which measures 1,200 feet in length and 158 feet in beam and has a container carrying capacity of 14,885 TEUs, on Aug. 22 became the largest ship to ever transit the Central American waterway.
The agreement will provide Maersk Tankers with access and exclusive rights to Boston-based hedge fund CargoMetrics’ analytical models, algorithms and capabilities.
IBM and the Maritime and Port Authority of Singapore (MPA) successfully completed a pilot trial of three out of seven modules that will utilize data analytics to increase port safety and improve port volumes.
Blue Sky Blue Sea, Inc., doing business as American Export Lines and International Shipping (USA) (collectively referred to as AEL) agreed to pay $518,063 for violating U.S. sanctions on Iran 140 times.
Airfreight rates rose on east-west routes to an average of $2.64 per kilogram in July 2017, an increase of 1.9 percent from the previous month and 1.5 percent from the same 2016 period, according to Drewry’s East-West Airfreight Price Index
The transportation and logistics sector added 900 position in July 2017 from June 2017, according to recent preliminary data from the U.S. Department of Labor.
The service is a regularization of two ad hoc voyages of reefer vessels from Turkey to Qatar that maritime transport and logistics company Milaha had arranged the past few weeks.
The Connecticut-based bulk carrier was issued a $5,000 fine after marine inspectors discovered that the freighter ANSAC Moon Bear discharged untreated ballast water into the Willamette River on three separate occasions during port calls in 2017.
Schneider Packaging Equipment names new president, while World Shipping, Inc.’s vice president of operations retires.
Troubled container carrier Yang Ming Marine Transport is hoping a recapitalization plan, along with strong ties to the Taiwanese government and recent growth in global trade, will help lift its operations back into the black.
Sanctions against Chinese, Russian entities in support of North Korea The Treasury Department has issued sanctions against individuals and companies in China and Russia that are in active support of the North Korean regime and its nuclear agenda. US-Korea FTA Joint Committee The USTR and Korean Trade Minister met for the KORUS Joint Committee special […]
The Rail Customer Coalition has requested a Congressional investigation into CSX’s recovery efforts following reports of widespread service disruptions in the wake Hunter Harrison’s installation as chief executive of the East Coast Class I railway.
South Korean ocean carrier Hyundai Merchant Marine (HMM) is in discussions with the world’s largest asset management firm, BlackRock, to bring in an investment ranging from 600 billion to 1 trillion South Korean won (U.S. $527 million to $879 million).
The U.S. Department of the Treasury’s Office of Foreign Assets Control issued sanctions against 16 Chinese and Russian entities and individuals for alleged dealings with North Korea.
New tools for GT Nexus commerce network users include a real-time cargo visualization layer and the ability for suppliers to see approved invoices in a single dashboard.
However, not all crewmembers who went missing after the guided-missile destroyer USS John S. McCain crashed into the tanker Alnic MC have been accounted for, according to a statement from the U.S. Navy.
The global investment firm is providing transportation and trade software provider BluJay Solutions with a $500 million financing facility, after investing in fellow logistics tech firms Transplace, LLamasoft, and Transporeon.
