With the advent of e-commerce, a new stress point is emerging. It used to be large volume importers vs. ocean carriers. This may be shifting to large e-commerce importers vs. ocean carriers. Ocean carriers need economies of scale and prefer to deploy large vessels that need to call as few ports as possible in […]
In 2004 the hull of the tanker Athos I was punctured by an abandoned ship anchor as it approached an asphalt refinery terminal in Paulsboro, N.J., on the Delaware River. The puncture resulted in the spill of 264,000 gallons of crude oil, affecting 280 miles of shoreline, 70 miles of which were heavily […]
Making it mandatory for airlines and freight forwarders to file advance information about cargo loaded onto aircraft bound for the United States once seemed like a foregone conclusion, but U.S. Customs in July announced it was extending a pilot program testing the concept for another year. Industry officials say the delay is due […]
All companies and executives engaged in global trade must deal with the use of Incoterms for their purchase orders and export sales agreements. Though Incoterms have been around since 1936, they are often misunderstood, misused and cause significant problems in international and domestic business. Incoterms are managed by the International Chamber of […]
The supply chain software provider has been the rumored target of industrial conglomerate Honeywell, but instead gets additional capital from Blackstone and majority owner New Mountain Capital.
Representatives from the U.S. Embassy in Beijing met with the director general of China’s Inspection and Quarantine Ministry to gain more information about how shippers can comply with China’s requirement that shipments from the nation be mosquito-free.
Silicon Valley-based startup Trucker Path has moved from a Waze-type approach to trucker navigation to connecting loads with carriers via its marketplace app.
The Greenwich, Conn.-based third-party logistics provider’s CEO Brad Jacobs is bullish on his company’s technology focus as it secures $1.6 billion in debt refinancing that will lower interest payments 12 percent over the next five years.
The Federal Motor Carrier Safety Administration will launch a three-year trial program to determine whether or not young adjusts between 18 and 21 should be trusted to safely operate big rigs.
The New Zealand port is scheduled to receive its first 9,500-TEU vessel in October, following the completion of its dredging project, which deepened the port’s shipping channels to 14.5 meters inside the harbor entrance and 15.8 meters outside the harbor.
The Office of the U.S. Trade Representative said Peru has made progress on ensuring only legally harvested timber is exported, but there’s still room for enhancing protections.
The Atlanta-based package delivery giant has streamlined its ground package network to speed up e-commerce deliveries from U.S. retailers to eastern Canada by a day.
The Hong Kong-based container and bulk shipping company reported a net loss of $40.2 million in the first six months of 2016 as revenues slid 20.5 percent to $385.8 million compared with the same 2015 period.
Tanjung Priok Port’s new container terminal was built by NYK Line, PT. Pelabuhan Indonesia II, Mitsui & Co. Ltd. and PSA International Pte. Ltd.
The Ardita, which arrived at the Port of Hamilton at the western end of Lake Ontario in April, remains anchored in the harbor near the port due to a legal dispute over the sale of the vessel.
The French Mediterranean port posted a total cargo throughput of 7.8 million metric tons for the month as container volumes grew 12 percent to 112,768 TEUs compared with July 2015.
The cargo airline unveiled its new Madrid-Amsterdam service taking effect today, along with its new service from Frankfurt to London via Paris that’s scheduled to launch next week.
Dachser prepares way for new chief operations officer, while the New Orleans Public Belt Railroad names business development director, and ECU Worldwide relocates two regional sales managers and appoints to others to its USA management team.
Louise Muenter, head of media and stakeholder relations at A.P. Moeller-Maersk, said a corporate restructuring is a possibility following a report the Danish shipping conglomerate could be split into separate transportation and energy companies.
The supply chain software provider has been the rumored target of industrial conglomerate Honeywell, but instead gets additional capital from Blackstone and majority owner New Mountain Capital.
