Operations at the Port of Chittagong remained suspended as of 3:00 p.m. local time Tuesday, but flight operations at Chittagong’s Shah Amnat International Airport have resumed, the Dhaka Tribune reported.
The parcel carriers will focus initially on international delivery services from China to the United States and plan to expand their joint offerings to other destinations in the near future.
The largest port on the U.S. East Coast saw its share of containerized cargo slip in the first four months of 2017, but may have a chance to gain market share once again with larger ships now able to call terminals west of the Bayonne Bridge.
Rep. Mark Meadows, R-N.C., last Thursday introduced the Revamping American Infrastructure Act of 2017, legislation that would to remove outdated regulatory obstacles and encourage the use of technology, according to the congressman.
A tentative contract agreement was reached yesterday after railway union TCRC-CTY informed Canadian National Railway over the weekend of an impending strike.
The civil settlement reached Friday over a former food supply contract to the Defense Department will allow Agility to move forward on future U.S. government business, the third-party logistics provider said in a statement.
Singapore-based containership lessor Rickmers Maritime has completed the initial sale of five vessels for $59 million, and plans to divest another nine ships to Navios as indicated in previous announcements.
The $512 million redevelopment project, of which ocean carrier Mediterranean Shipping Co. will contribute $222 million, seeks to make Port of San Pedro in the Ivory Coast a major transhipment hub for West Africa.
Congressmen Adrian Smith, R-Neb., and Earl Blumeneauer, D-Ore., introduced a bill (H.R. 2735) on Thursday to add footwear to the U.S. Generalized System of Preferences (GSP) program.
The U.S. Federal Maritime Commission’s notice of inquiry requesting the ocean shipping industry’s input into how it might eliminate or change outdated and burdensome regulations is now ready.
The U.S. Transportation Department’s Maritime Administration said the funding will support capital improvements and employee training at small shipyards across the country.
The Netherlands State Secretary for Infrastructure and Environment has authorized the port authority to reroute a section of rail to make way for the new Theemsweg Route, which is currently under phase six of construction.
Ship management company Bernhard Schulte Shipmanagement has established two new ship management and crew service centers in Mexico, the company said in a statement.
Port officials are hopeful the federal government will approve a $155 million grant to help increase clearances in the Howard Street Tunnel and other locations along the CSX railroad in Baltimore to accommodate trains with containers stacked two high.
Airlines for America said the Trump administration’s proposal to privatize the nation’s air traffic control system would result in shorter flights, fewer emissions and fewer delays, while the Alliance for Aviation Across America decried the measure.
The U.S. Army Corps of Engineers’ Fiscal Year 2017 Work Plan carves out more than $170 million in funding that will go toward several port deepening and construction projects across the country.
U.S. and Mexican customs authorities hope to provide fully restored operations at the World Trade Bridge border crossing in Laredo, Texas, on Monday, May 29.
The ocean shipping industry is still grappling with the post-Hanjin reality that another major carrier could go bankrupt, potentially stranding cargo on the water and leaving shippers, creditors, and service providers to once again pick up the pieces.
Since last Friday, the Shanghai Containerized Freight Index increased on trades from Shanghai to Europe and the Mediterranean, but declined on trades to the United States.
Oak Brook, Ill.-based Hub Group will pay $306 million for the contract logistics firm, which owns and operates more than 1,200 power units and 5,000 trailers.
