American Shipper

Boeing cements deal with second Iran airline, but political winds can shift quickly

The digital forwarding revolution is well underway but not everyone will get sucked into the abyss

The Danish shipping giant has confirmed it is selling its Brazilian cabotage subsidiary Mercosul Line in a preemptive move aimed at satisfying any potential competition concerns from Brazil’s Conselho Administrativo de Defesa Economica (CADE).

Chinese conglomerate HNA Holding Group Co. offered to purchase CWT Ltd. for 1.4 billion Singapore dollars (U.S. $995 million).

Michael Khouri, acting chairman of the Federal Maritime Commission, said such pacts can help terminals improve service and operations to benefit the American shipper and consumer.

International Warehouse Logistics Association President and CEO Steve DeHaan said the group is urging Congress to facilitate the creation of a system that better aligns the design of the nation’s infrastructure with the demands of today’s economy.

The mid-Atlantic port handled 232,148 TEUs for the month, with loaded container imports growing 9.5 percent and loaded exports up 3.3 percent from the previous March, according to the most recent figures from the Virginia Port Authority (VPA).

However, U.S. lamb export volumes tumbled 41.3 percent in February from a year prior.

South Korean ocean carrier Hyundai Merchant Marine entered a deal with Daewoo Shipbuilding & Marine Engineering for the construction of five new very large crude carriers, with the option for five more.

The ocean carriers’ jointly operated North Europe Express (NE1) service, which connects Israeli ports with Northern Europe, operates with five vessels with an average capacity of 5,093 TEUs, according to BlueWater Reporting.

The China-based third-party logistics provider was scheduled to launch its first eastbound train from London to Yiwu, China on Moday, which will arrive in Yiwu in 18 days.

Lineage Logistics names senior vice president of Sales & Value-Added Services, Transervice Logistics appoints director of sales for the company’s western regional division, and The Tioga Group hires senior associate.

The two Phoenix-based trucking giants said Monday the transaction to create Knight-Swift Transportation Holdings Inc., the industry’s largest full truckload company, is expected to close in the third quarter of 2017.

The two Phoenix-based trucking giants said Monday the transaction to create Knight-Swift Transportation Holdings Inc., the industry’s largest full truckload company, is expected to close in the third quarter of 2017.

Nomination for USTR remains bottled up in the Senate Finance Committee after vote postponed

A modern, business-inclusive set of policies is needed for U.S. to navigate interesting times

U.S. shippers should not underestimate the power the nation’s longshore unions hold over the flow of containerized cargo, said Chris Gillis, editor at American Shipper.

A planned container facility at the La Quinta Trade Gateway is no longer a viable option due to its proximity to a residential area.

Several factors – from rising labor costs in China, to the “Amazon Effect” and tough talk on tariffs – are accelerating the shift towards near sourcing as a viable manufacturing strategy, according to TOC Logistics International President Gary Cardenas.

Overall losses in the maritime industry fell during the year, but increased cargo accumulation risk onboard vessels and in port continued to challenge insurance providers, according to a report from the International Union of Marine Insurance.