The governors of New York and New Jersey on Aug. 2 announced the appointments of Kevin O’Toole as board chair and Rick Cotton as executive director of the Port Authority of New York and New Jersey (PANYNJ).
The global shipping industry seems to be saying all the right things when it comes to reducing its impact on the environment, but when it comes to implementing consistent standards to meet stated goals, uncertainty abounds.
The Danish global transport and logistics provider posted profits of 744 million Danish krone on net revenues of DKK 18.9 billion for the quarter, year-over-year increases of 122.8 percent and 7.5 percent, respectively.
The Australian Federal Court has fined the ocean carrier for price fixing between 2009 and 2012, imposing the second highest fine in the history of the Australian Competition and Consumer Commission, reports TradeWinds.
Total intermodal volumes gained 4.5 percent during the second quarter of 2017, with international traffic being the primary driver, rising 5.6 percent, according to recent statistics from the Intermodal Association of North America (IANA).
Truckload, intermodal and logistics provider Schneider National reported a net income of $46.5 million for the second quarter of 2017, or $0.27 per diluted share, an increase of 5.2 percent, compared to the three months ended June 30, 2016.
Although carload volumes dropped 0.6 percent for the month, a 5.6 percent increase intermodal traffic spurred continued growth in overall rail volumes in July 2017, according to the Association of American Railroads.
The Qatar-based maritime transport and logistics company saw revenues drop drastically across all sectors due to what it characterized as an “unusually prolonged global downturn” in the shipping market.
Port Authority of New York and New Jersey names new executive director and board of commissioners chairman, Foss Maritime hires chief commercial officer, and ATA names executive director of the Intermodal Motor Carrier Conference.
Shippers at the Agriculture Transportation Coalition (AgTC) conference voice concerns over container industry consolidation, lack of carrier communication and dedicated customer service reps, demurrage fees, and varying port terminal hours.
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EU survey shows citizens are generally happy Trust in the European Union continues to be on the rise and stands at 42 percent while close to half of Europeans think that the current situation of their national economy is ‘good’. Flash memory device investigation The investigation into flash memory devices has been termination, as the […]
U.S. Rep. Martha McSally, R-Ariz., has filed legislation that reauthorizes the Customs Trade Partnership Against Terrorism program for the first time in 11 years and aims to increase security and cut down wait times at ports of entry.
Under the program, the Northwest Seaport Alliance will reimburse marine terminal operators up to $2 million for some of the costs to operate additional hours during off-shift gate hours – i.e. after 5 p.m. on weekdays, or any shift on Saturday or Sunday.
The agreement, which was established in 1975, now expires in January 2020, at which point the transport of goods between Chile and Brazil could be carried out on ships of any flag.
The U.S. Coast Guard’s National Vessel Documentation Center has determined the two Matson containerships currently under construction at Philly Shipyard, Inc. to be U.S.-built and therefore eligible for trade under the Jones Act.
United States gross domestic product increased 2.6 percent in the second quarter of 2017, more than double the revised 1.2 percent growth rate the previous quarter, according to the “advance” estimate from the Department of Commerce.
The two companies say they’re incorporating FourKites’ freight visibility platform with 3GTMS’ transportation management software into a single, unified offering.
The Hong Kong-based containership lessor’s net earnings fell 22.4 percent for the quarter from the corresponding 2016 period, while revenues fell 8.8 percent thanks to lower average charter rates for vessels that were on short-term charters.
