The Gracie Claire, a 40-year-old 900 HP push boat, had about 2,300 gallons of diesel on board at the time of its sinking, according to a statement from the U.S. Coast Guard.
The U.S. Department of Commerce has found evidence of countervailable subsidies for imports of biodiesel from Argentina and Indonesia, and U.S. biodiesel producers warn that these subsidized shipments keep coming.
The New Zealand port took over the Timaru Container Terminal in 2014 and has seen its investment returned in the form of increased volumes, which reached 1.1 million for the fiscal year ending June 30, 2017.
The South African financial services and logistics provider’s board of directors is advocating separating the shipping segment from the balance of the group because the business’ value is not fairly reflected in the company’s share price.
An increase in airfreight of semiconductor and auto parts has led to soaring earnings for carriers like Cathay Pacific Airways and Singapore Airlines, according to a report by Reuters.
Although the deal is still subject to regulatory approval, Williams Lea Tag’s operations and assets are expected to transfer over to Advent International by the fourth quarter of 2017.
The Red Sea port handled 398 vessels and 821,694 TEUs during the first half of the year, both increases of 14 percent from the corresponding 2016 period, according to recent port data.
The e-commerce company Custom Wristbands, along with its affiliates and chief executive, pleaded guilty in district court to a price-fixing scheme involving promotional products sold in the United States.
Excess capacity drove container freight rates down to near-record lows last year, but Drewry estimates 57 ultra-large containerships with at least 18,000 TEUs of capacity will be delivered to the global fleet in the next two to three years alone.
Carbon steel flanges from India and Turkey The Department of Commerce is issuing antidumping duty orders on finished carbon steel flanges from India and Italy. Infrastructure Projects The president has issued an executive order titled “Establishing Discipline and Accountability in the Environmental Review and Permitting Process for Infrastructure Projects” for consistency with the new CAP Goals. […]
Four Democratic senators are urging U.S. Transportation Secretary Elaine Chao to reconsider DOT’s withdrawal of a proposed rule that would have mandated testing commercial truck drivers and rail operators for obstructive sleep apnea.
The Jacksonville, Fla.-based Class I railway has reevaluated and revised three key metrics – train velocity, terminal dwell and cars online – in an effort to “better reflect end-to-end railroad performance,” CSX CEO E. Hunter Harrison said in a statement.
South Korea’s largest shipbuilder, Hyundai Heavy Industries, has asked that 5,000 workers take unpaid leave in the wake of CMA CGM signing a letter of intent with two Chinese shipyards to collectively build nine, 22,000-TEU containerships.
Although some demand can be attributed to structural factors, real estate markets in all major port gateways are seeing either rising or peak-level growth rates in leasing activity, while vacancy rates are at historic lows.
The Armonk, N.Y.-based technology company is collaborating with various companies across the global food supply chain to explore how blockchain technology can be used to make the food supply chain safer.
Secretary of Labor R. Alexander Acosta toured the 484-acre terminal and met with leadership from the International Longshore and Warehouse Union and the Pacific Maritime Association during the visit.
JAX LNG, a joint venture between Pivotal LNG and Northstar Midstream, received a Letter of Acceptance from the U.S. Coast Guard to begin operations by the end of 2017.
The seasonally adjusted For-Hire Truck Tonnage Index equaled 138.5 in July 2017, up slightly from 138.4 in June, due to the mixed bag of high retail sales and low manufacturing production, said American Trucking Associations’ Chief Economist Bob Costello.
Singapore-based ocean carrier APL, now a subsidiary of CMA CGM of France, began purchasing slots on Maersk Line’s AC3 loop between Asia and the West Coast of South America this week, dubbing it the AE3-AW3.
The two vessels will be built by Texas-based Keppel AmFELS and will be deployed on the Hawaii-U.S. Mainland trade by 2020.
