Maersk Group’s intra-Americas regional carrier SeaLand said its West Coast Central America service has begun including a direct call at the Port of Hueneme in Southern California.
The Commerce Department has determined that several Indian manufacturers of welded stainless pressure pipe are dumping their product on the U.S. market.
Oslo, Norway-based Xeneta, a global benchmarking and market intelligence firm with a focus on the containerized ocean freight industry, has opened its first U.S. office in New York City.
Watco Supply Chain Services has introduced a new international division that will operate as a registered non-vessel operating common carrier and an indirect air carrier, the company said in a statement.
The effects of the South Korean carrier’s decision to file for court receivership at the end of August is being felt widespread across thousands of businesses throughout the world.
Governments at all levels are grappling with how to deal with cross-border electronic commerce. Customs administrations worldwide have raised concerns about illicit goods, undervaluation, product safety, and more. International organizations like the World Trade Organization, regional groups such as APEC, and national customs administrations are all discussing e-commerce, but the path forward is far […]
As the pace and scope of global regulation around tax avoidance strategies continues to increase, transfer pricing policy is becoming top-of-mind for multinational companies. Of particular interest is how intra-company transfer pricing and customs work together—or sometimes don’t—so I asked Sam Cicogna, my colleague and a transfer pricing expert, to help me uncover some […]
Danish conglomerate A.P. Møller-Maersk is probably best known as the parent company of the world’s largest container shipping company, Maersk Line; the world’s third largest container terminal operator, APM Terminals; and freight forwarder Damco. But the company has always had other dimensions. In recent years, the Maersk Group has narrowed its focus […]
At the beginning of August, the Canada Border Services Agency (CBSA) implemented the first phase of its Assessment and Revenue Management Project, fundamentally changing how Canadian importers do business with the agency. For businesses used to receiving a refund check from CBSA for overpayment of duties and fees, the change to credit offsets […]
The need for strict adherence to the terms of a letter of credit was made painfully clear in a recent federal appeals court decision to uphold a district court ruling. (Mago Int’l, LLC v. LHB AG. 2nd Circuit. No. 15-2776. Aug.15.) New York-based Mago International agreed to sell chicken, beef, and other meat […]
In the past few months, airlines have seen the friendly skies open up, awarding intrepid companies with new routes to previously limited locations. While these benefits will likely be of little consequence cargo-wise, it should be interesting to see how passenger carriers deal with the added freight capacity that comes from new passenger […]
The U.S. Department of Energy is awarding $80 million to four manufacturers for the second round of its SuperTruck program supporting projects to develop and demonstrate cost-effective technologies that can more than double the efficiency of Class 8 trucks. DOE launched the SuperTruck initiative in 2010 to improve heavy-duty truck efficiency by 50 […]
The debate over who benefits from the expansion of the Panama Canal usually overlooks the U.S. Gulf Coast. It’s generally believed that there’s insufficient volume going to or originating from the Gulf Coast to justify diverting east-west ocean carrier services from the Panama Canal-to-East Coast route. Relatively low volumes destined to the Gulf Coast can […]
This column, which continues from the September issue, addresses the importance of successfully managing Incoterms and how to prevent unnecessary headaches within global supply chains. First, a company must fit the right Incoterm into its contract. There are 11 Incoterms: Ex-works, FCA, CPT, CIP, DAT, DAP, DDP, FAS, FOB, CFR, and CIF. […]
Terrorism’s long view American Shipper’s editor, Christopher Gillis, makes timely and cogent points in his August editorial about the need for continuing vigilance of security within international supply chains. Since the attacks of Sept. 11, 2001, substantial progress has been made in increasing the security of supply chains, beginning with the Customs-Trade Partnership […]
Liner carriers’ obsession with ever-larger containerships in recent years left them fat with capacity during a persistently ho-hum global market and thus desperate to fill their vessels. For shippers and non-vessel-operating common carriers, this has resulted in rock-bottom freight rates to transport their containers to nearly anywhere in the world. Shippers and NVOs […]
The Water Resources Development Act has mostly received bipartisan support, but Democrats in the House are upset that a provision that would have protected Harbor Maintenance Tax receipts from being diverted for other uses was removed from the final draft.
There is no shortage of technology for carriers and other parties in the ocean industry, but in the wake of the Hanjin mess, the question is what carriers should invest in.
The Shanghai Containerized Freight Index fell 7.6 percent from last week to a reading of 794.10, as the short-term boost spot rates experienced in recent weeks from Hanjin filing for bankruptcy have now subsided.
The recent declaration of bankruptcy by South Korean ocean carrier Hanjin Shipping is a symptom of what ails the container shipping industry, not the cure, as some analysts seem to suggest.
