Executive Moves: Port of New Orleans, CP and ChassisFinder
Port of New Orleans names president and chief executive officer, while Canadian Pacific adds board member and ChassisFinder hires general manager.
Port of New Orleans names president and chief executive officer, while Canadian Pacific adds board member and ChassisFinder hires general manager.
Although some shippers are hesitant on using foreign trade zones (FTZs) due to compliance burdens, the benefits of FTZs may be worth the effort.
Hyundai Merchant Marine said Tuesday its consortium with Heung-A Shipping and Sinokor Merchant Marine will give it full access to the two carriers’ intra-Asia networks.
A source told American Shipper that Korea Line’s parent company, Samra Midas Group (SM Group), will create a separate company called SM Lines that will operate Hanjin’s liner business between the Far East and United States.
Ford Motor Co. canceled plans for an auto plant in Mexico as President-elect Donald Trump made it clear he intends to pursue a strategy of economic nationalism.
BlueWater Reporting illustrated the trade removed 32 vessels and 79,764 TEUs of total deployed capacity between December 2013 and December 2016, while weekly allocated capacity on the trade has been on the rise.
U.S. gross domestic product increased 3.5 percent in the third quarter of 2016, according to the “third” estimate from the Department of Commerce, up from previous estimates of 3.2 percent and 2.9 percent.
The Shanghai Containerized Freight Index stood at a reading of 951.66 on Dec. 30, increasing 15.5 percent from a week prior.
The Northwest Seaport Alliance, which comprises the ports of Seattle and Tacoma, Wash., handled a total of 336,381 TEUS for the month, a 20.2 percent increase from the same 2015 period and a new monthly record, according to figures from the port authority.
The Washington state port has submitted a Concept Development Plan application to the City of Vancouver for the redevelopment of its Terminal 1 facility on the Columbia River.
The Floridian port is ready to launch a second round of investment – this time with the goal of increasing capacity and service levels within the container yard.
The South Korean liner carrier’s bankruptcy, which resulted in hundreds of thousands of shipments around the world being delayed, was the biggest in the container shipping industry since the 1986 bankruptcy of U.S. Lines.
As a result of Russia’s alleged interference in the U.S. presidential election, the White House is imposing sanctions on three Russian companies, expelling 35 Russian diplomats from the U.S., and closing two Russian-operated U.S. facilities.
The Federal Maritime Commission is allowing a cooperation agreement between two marine terminal companies at PortMiami to more forward.
The Class I railway has completed the first phase of the new Virginia Avenue Tunnel project in Washington, D.C., clearing the way for trains to move double-stacked intermodal freight between Mid-Atlantic seaports and the Midwest on its railroad network.
The Antwerp Port Authority’s new CEO steps into role Jan. 1, while Singapore Post names former Toll Global Forwarding chief its global CEO.
The transportation and logistics industry has experienced a notable year between Hanjin’s bankruptcy, the new verified gross mass regulation and the expanded Panama Canal.
If the state of California is to be successful in achieving its efforts to curb greenhouse emissions, it must enact policy that will be readily adopted by others and not drive business away, according to PMSA President John McLaurin.
A new cargo service across Lake Michigan is currently in the works, and could save shippers time and aggravation from having to truck cargo though the congested Chicago area.
Under the agreement, COSCO Beijing International Freight Co., Ltd. is gaining the use of Sino-Global’s logistics platform to arrange for the transport of its container shipments to U.S. ports.