The Massachusetts Port Authority’s Paul W. Conley Container Terminal in the Port of Boston handled 248,391 TEUs in 2016, a 5 percent increase over the previous year.
The United States has filed a trade enforcement complaint in the World Trade Organization today concerning China’s continued subsidization of its aluminum producers.
Florida’s St. Lucie County is looking for a private partner to help it develop 20 acres of waterfront land inside the Port of Fort Pierce for commercial use.
The agreement, which will infuse $26 billion into the state-run ocean shipping conglomerate over the next five years, will serve China’s “One Belt, One Road” strategy, according to a statement from China COSCO Shipping.
Inna Kuznetsova, president and chief operating officer of INTTRA, explained the reasons behind the company’s rapid growth in a recent interview with American Shipper.
Outgoing Vice President Joseph Biden released a report Tuesday outlining the benefits of the 2009 American Recovery and Reinvestment Act on improving the nation’s transportation infrastructure.
As many as 220 former employees of the now insolvent South Korean ocean carrier Hanjin Shipping will be hired following one-on-one interviews with management, Hyundai Merchant Marine said in a statement.
The contract freight rate benchmarking company warned, however, that stability will be hard to come by, and if just one or two carriers begin to drop rates and chase market share again, prices will likely fall across the board.
The port of Bushehr is capable of offering services for all containerized cargos including refrigerated products and provides an alternative to Bandar Abbas for shippers sending cargo to and from Iran, the Danish ocean carrier said in a statement.
Shares in Orient Overseas International Ltd., the parent company of ocean carrier Orient Overseas Container Line, have jumped more than 25 percent since the end of 2016, reaching a 52-week high on Wednesday.
The Mainz, Germany-based freight rail operator, formerly known as DB Schenker Rail, will participate in a feasibility study for the joint development and subsequent purchase of at least 100 new hybrid locomotives, the company said in a statement.
However, the Federal Aviation Administration said it will no longer require U.S. airlines to make pre-boarding notifications to passengers that the fire-prone Samsung Galaxy Note7 mobile phones are prohibited on board all aircraft.
International Maritime Bureau Director Pottengal Mukundan said kidnappings in the Sulu Sea, which is located between East Malaysia and the Philippines, are a particular concern.
American Airlines’ new daily, non-stop wide-body service between San Juan, Puerto Rico and Philadelphia is scheduled to begin April 4.
Union Pacific Railroad has agreed to interchange directly with short line Rapid City, Pierre & Eastern Railroad, which transports inbound fertilizer and outbound crops directly to and from farm producers across South Dakota.
Federal Maritime Commission Chairman Mario Cordero says he is willing to discuss the agency’s concerns with Port Authority of New York/New Jersey and OCEMA member carriers, leaving the door open for future approval of a revised agreement.
The U.S. trade deficit totaled $45.2 billion in November, up 6.8 percent from October as exports declined amid stronger domestic demand for imports.
The Singapore Ministry of Transport and PSA International have partnered with automotive companies Scania and Toyota Tsusho for the design, development and testing of an autonomous truck platooning system for use within the Port of Singapore.
The International Air Transport Association attributed the continued growth to more shipments of silicon materials for high value electronics, an apparent turnaround in new export orders, and the modal shift to air cargo due to the collapse of Hanjin.
Although e-commerce is a large contributor to parcel companies’ bottom lines, parcel has always been an arrow in the quiver of large shippers as well.
