South Korean ocean carrier Hyundai Merchant Marine said increased sales and reduced operating costs helped offset a 59.2 percent increase in bunker fuel cost.
The strikes will take place from May 24 until June 9, during odd hours each Monday, Wednesday and Friday, according to a report from industry news outlet Lloyd’s List.
Taiwanese ocean carrier Evergreen Marine posted a net profit of 168.9 million NTD (U.S. $5.6 million) for the first quarter of 2017 on operating revenues of 33.8 billion NTD after posting massive losses in the same 2016 period.
The French aerospace manufacturer has launched its U.S. base and operations of a new commercial drone startup, dubbed Airbus Aerial.
Robert Lighthizer, a former deputy United States trade representative and trade litigator, was officially sworn in Monday as the country’s new U.S. trade representative.
The French ocean liner now allows customers to book cargo through AgreeFreight’s online portal for port-to-port bookings.
According to composite leading indicators from the Paris-based research organization, the U.S. and the UK are expected to see slower but stable growth over the next six to nine months.
Over $6 million will be spent to rehabilitate the Cleveland Bulk Terminal’s structurally deficient bulkheads, and more than $2 million will be used to expand the existing entrance and security checkpoint at the port’s general cargo docks.
The Qatar-based maritime and logistics company will launch a door-to-door shipping service between the two Middle Eastern cities in May 2017.
The package delivery and logistics provider has combined its Artificial-Intelligence-enabled chatbot with the UPS My Choice function to allow customers to track deliveries without a tracking number.
VersaCold Logistics Services appoints chief operating officer, while Pilot Freight Services names vice president of corporate development.
Companies and consumers need to understand whether their supply chains are tethered to forced labor
A new discussion agreement filed with Federal Maritime Commission by ocean carrier group OCEMA and the Port Authority of New York and New Jersey would allow the parties to discuss matters involving the port authority’s much-debated cargo facility charge.
The South Carolina House of Representatives and Senate overrode Gov. Henry McMaster’s veto last Wednesday on a highway funding bill that will increase the state’s current 16.75-cent gas tax by 12 cents over the next six years.
South Korea’s largest shipping company is purchasing 100 percent of shares in Total Terminal International Algeciras, which was previously operated by now-defunct ocean carrier Hanjin Shipping.
Intra-regional trade is leading the strong growth in container cargo traffic, up 17 percent compared with 7 percent growth in deep sea shipments, according to London-based maritime consultant Drewry.
Where your company lies on the broad spectrum of data proficiency depends largely on how it gathers, structures and uses the massive amounts of information generated in the logistics and global trade industries every day.
The Southern California port handled 714,755 TEUs in April 2017, making last month the best April in port history, after beating its own yearly cargo throughput record in 2016.
The $14 million project to raise the height of four cranes at the Port of Oakland’s Ocean International Container Terminal will allow the facility to work larger containerships.
The U.S. International Trade Commission voted to continue its antidumping and countervailing duty investigations into imports of steel wire rod and its antidumping investigation into carton staple imports.
