Intermodal growth engine stalls
However, the Intermodal Association of North America said some analysts are projecting a rebound for 2017.
However, the Intermodal Association of North America said some analysts are projecting a rebound for 2017.
The Georgia Ports Authority sold the property at the Savannah River International Trade Park to accommodate growing customer demand for warehousing, distribution and transload facilities at the Port of Savannah.
The Dubai-based port terminal operator handled 63.7 million TEUs at its container terminals during the year, a 2.2 percent increase from 2015 on a like-for-like basis, according to a statement from the company.
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The Commerce Department said it has determined that imports of Chinese stainless steel sheet and strip are dumped on the U.S. market at less than fair value.
The U.S. International Trade Commission has determined that imports of certain pneumatic off-the-road tires from India are sold at less than fair market value, harming domestic manufacturers of these tires.
DHL Supply Chain appoints president of Automotive, North America, while WSP | Parsons Brinckerhoff names maritime manager for Southern California and Greenbrier Cos. hires director of global security.
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Over 80,000 applied for a chance to become a casual member of the International Longshore and Warehouse Union.
Projects include the separation of railroad tracks from major port roadways, the creation of a refrigerated cargo facility, and the expansion of the TraPac terminal.
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However, COSCO SHIPPING Holdings said it does expect to have earnings before interest and tax of approximately 700 million Chinese yuan renminbi for the fourth quarter of 2016, excluding the net loss it incurred from the demolition of vessels.
The Oak Brook, Ill.-based multi-modal transportation management company saw net income grow 5.4 percent to $74.8 million for the full year in 2016 even as revenues remained relatively flat compared with the previous year.
Chris Dupin, maritime and intermodal editor of American Shipper, examined the importance of protecting high-value parcel deliveries, using the outcome of Golden Hawk Metallurgical’s case against FedEx for the loss of two shipments as an example.
Unifor National Representative Mario Santos said “the bargaining committee worked around the clock to secure fair compensation for the workers.”
Federal Maritime Commissioner Rebecca Dye said the reduction from four to three major container shipping alliances should decrease rates on the transpacific trade, but the decline could be offset by upward rate pressure due to expected mergers.
New BIS rule requires exporters to get import license from Hong Kong customers
Combined United States carload and intermodal cargo volumes increased for the third consecutive month in January 2017 following several months of year-over-year declines, according to data from the Association of American Railroads (AAR).
Uncertainty around trade sanctions will keep shippers on their toes and necessitate use of technology
The Broward County, Fla. port posted a throughput of 104,590 TEUs for December 2016, a 15 percent increase from 12 months prior and the highest monthly total in the port’s history.