The 1998 Ocean Shipping Reform Act mandated that non-vessel-operating common carriers publish the services that they offer and make sure the information is electronically accessible, and NVOs have been fighting the burdensome process ever since.
Total year-to-date volumes for the ports of Seattle and Tacoma, which jointly operate as the Northwest Seaport Alliance, are up 7 percent compared with the first six months of 2016 despite a slight dip in traffic in June, according to data.
The rate management software provider surveyed global forwarders and NVOs in June and found more than 90 percent want real-time online rate information.
Prior to the latest announcement, STX France had been up for sale, with Italian group Fincantieri emerging in April as the apparent winner before a deal fell apart.
The deal will enable manufacturing and development of the Khalifa Port Free Trade Zone in the United Arab Emirates, terminal operator Abu Dhabi Ports said in a statement.
The company also reported cash flow from operating activities at negative $1.1 million USD during the first six months of 2017, but positive $0.3 million in the second quarter.
Responding to an unquenchable thirst among worldwide consumers for wine, beer and spirits, express carrier UPS said it has recently expanded its global delivery services for liquor.
American Airlines Cargo has added multiple truck options per night to its European network for increased capacity and routing options, the company said in a statement.
Fukuoka, Japan-based Eco Marine Power is preparing for sea trials of solar panels which it has designed in the form of multiple rigid sails to be placed topside on bulk vessels.
“K” Line names managing executive director; Virgin Atlantic Cargo appoints managing director; Crane Worldwide Logistics selects vice president, global specialized solutions; and Hill Dickinson hires legal director for its growing shipping practice.
The International Longshore and Warehouse Union, which represents port workers up and down the U.S. West Coast, has completed voting on a proposed extension to its existing labor deal and early indications are that the extension will be approved.
Manila Port modernization The Philippines Bureau of Customs and the WTO have initiated a modernization effort for Manila Port Development. EC approves Frankfurt-Hahn airport The European Commission has found public support by the Land of Rhineland-Palatinate to Frankfurt-Hahn airport in Germany to be in line with EU state aid rules. V2I consortium changes The Vehicle […]
The International Longshore and Warehouse Union, which represents dockworkers up and down the U.S. West Coast, has completed voting on a proposed extension to its existing labor deal and early indications are that the extension will be approved.
2017 Annual Report to Congress The U.S.-China Economic and Security Review Commission is holding a public meeting to review and edit drafts of the annual report. WTO statistical publications The World Trade Organization has issued the World Trade Statistical Review for 2017, Trade Profiles for 2017, and World Tariff Profiles for 2017 reports. Pipe and tube terminations […]
Vessel operators participating in the Environmental Ship Index program at the Port of Los Angeles will now also earn incentive points for reducing carbon dioxide (CO2) emissions from their ships.
Orient Overseas International Ltd., parent of Hong Kong-based container carrier OOCL, posted revenues of $1.41 billion for the second quarter of 2017, up 23.8 percent from the corresponding 2016 period.
Total value of cross-border trade between the United States and its partners in the North American Free Trade Agreement rose 9.4 percent year-over-year in May to $98.2 billion.
Like a baseball pitcher protecting a no-hitter, a single mistake on the part of a trade compliance professional can undo years of letter-perfect compliance.
Since last week, rates from Shanghai to the U.S. West Coast have surged 37.6 percent, from $1,226 per FEU to $1,687 per FEU.
Media reports earlier this week said that South Korea’s Hyundai Merchant Marine, the world’s 15th largest container line in terms of vessel capacity, is asking for $8.9 billion in funding from state backed Korea Development Bank through 2022.
