The Georgia Ports Authority saw containerized cargo volumes for the month jump 11.7 percent to 333,006 TEUs compared with April 2016.
With Agility’s agreement to a misdemeanor in connection to a single $551 invoice and no criminal fine, the Kuwait-based third-party logistics services provider is another step closer to resuming its pursuit of new U.S. government contracts.
According to Angeliki Frangou, chairman and CEO of the Piraeus-based ocean carrier, thanks to a recovering market, Navios is “positioned to enjoy substantial free cash flow from an increase in charter rates.”
The Port of New Orleans has received the U.S. Department of Agriculture’s approval to participate in a cold treatment pilot program that allows for improved transit of time-sensitive imported fruits from South America.
The seasonally adjusted For-Hire Truck Tonnage Index was down last month compared to the month prior, the same period last year, and year-to-date.
The Athens-based containership charterer said it saw time charter revenues plunge “mainly due to reduced employment opportunities and time charter rates.”
The Federal Aviation Administration has proposed a $63,000 civil penalty against Gladwin Paint Co. of Arlington, Texas, for allegedly violating the federal hazardous materials regulations.
The tug, which will be able to run entirely on liquified natural gas, will be constructed at Kanagawa Dockyard Co. and MOL expects to deploy it by April 2019, the Japanese ocean carrier said in a statement.
German ocean carrier Hapag-Lloyd will begin integrating its 118 services with United Arab Shipping Co.’s 45 loops in about eight weeks, and officials expect the integration to take until the end of the third quarter.
German ocean carrier Hapag-Lloyd will begin integrating its 118 services with United Arab Shipping Co.’s 45 loops in about eight weeks, and officials expect the integration to take until the end of the third quarter.
Increasingly high rents charged to chassis providers by the Port Authority of New York and New Jersey could hurt the port’s overall competitiveness, says Dennis Daggett, executive vice president of the International Longshoremen’s Association.
The maritime information provider and creator of the famed Baltic Dry Index will work closely with shipbrokers and end-users to create new freight rate benchmarks and indices to be launched later this year, according to Baltic Exchange CEO Mark Jackson.
The recently formed shipowner started by investment and asset firm MPC Capital announced the acquisition of seven initial containerships on Monday, with an additional six on the way.
New technology in the ocean freight forwarding and brokerage markets gives shippers more options for procurement and service providers additional channels to reach customers at a fraction of the cost.
Dubbed “Azteca,” the weekly container service will transport agri-food products from key ports in Central and South America to Oakland and Los Angeles, Calif., the French ocean carrier said Tuesday.
The Trump administration has nominated Richard Ashooh of New Hampshire as the assistant secretary of export administration in the Commerce Department’s Bureau of Industry and Security.
The mid-Atlantic port handled 2.56 million tons of general cargo during the first quarter of 2017, up 5 percent year-over-year, primarily due to an increase in car and container volumes.
The Hamburg-based transportation and logistics services provider recorded a net income of 30.95 million euros (U.S. $34.75 million) for fiscal year 2016, down just 0.6 percent year-over-year, according to the firm’s latest financial statements.
Class I freight railroads in the United States employed 149,107 workers as of the middle of April 2017, down 0.14 percent month-over-month and 2.64 percent year-over-year.
The Philadelphia Regional Port Authority has rebranded the Northeast U.S. port to PhilaPort in wake of increased investments and port expansions.
