WCMTOA postpones chassis fee
The West Coast Marine Terminal Operators Agreement postponed the implementation date of the $5 chassis fee imposed by container terminals at the ports of Los Angeles and Long Beach from Aug. 1. to Sept. 1.
The West Coast Marine Terminal Operators Agreement postponed the implementation date of the $5 chassis fee imposed by container terminals at the ports of Los Angeles and Long Beach from Aug. 1. to Sept. 1.
The new Greensboro, N.C.-based airfreight carrier received clearance from the U.S. Department of Transportation to begin scheduled domestic and international service using its two 767-200ER aircraft.
Crisis in Syria, Libya and elsewhere have generated massive flows of migrants, increasing the risk of stowaways on cargo vessels, a port official said.
The World Trade Organization said Peru and Saudi Arabia have become the latest members to ratify the global trade body’s Trade Facilitation Agreement.
The U.S. Justice Department said Jacintoport International and Seaboard Marine Ltd. have agreed to pay $1.075 million to settle a lawsuit alleging that the companies violated the False Claims Act.
TOTE Maritime Puerto Rico formed a partnership with INTERSHIP to establish a terminal operating company called Puerto Rico Terminals, which will combine $38 million worth of existing assets at the Puerto Nuevo terminals near San Juan.
The landlocked nation has become the 164th member to accede to the World Trade Organization.
Denis V. Ilin is stepping down from his position as executive president of the airfreight carrier after three years, in accordance with mutual agreements, parent company Volga-Dnepr Group said in a statement yesterday.
Superior, Wis.-based Fraser Shipyards has been accused of exposing workers to hazardous conditions during the six-month retrofit project of a 690-foot freighter.
The South Korean shipping and logistics firm will invest 480 million Chinese yuan renminbi for a 50 percent share of Shenzen Speedex Commercial Service, a subsidiary of Chinese electronics manufacturer TCL, according to an announcement from TCL.
The U.S. Department of Agriculture has reached an agreement with Brazil’s Ministry of Agriculture, Livestock and Food Supply to allow access for U.S. beef and beef products to the Brazilian market.
England Logistics names business development manager for new Atlanta office, while maritime solicitor Tatham Macinnes adds partner.
The Mountain View, Calif.-based transportation procurement technology startup Cargo Chief uses a technology-forward model that is aimed at rethinking the broker-carrier-shipper relationship.
The shipping advocacy group adopted the goal of ending container shipping charges, which it said can sometimes exceed the contracted price for shipments making the management of total shipping costs unpredictable for cargo owners.
The Surface Transportation Board last week issued two decisions in passenger rail proceedings, one of which included the withdrawal of a previous proposal that would have allowed railroads to prioritize cargo operations over Amtrak passenger trains.
The U.S. Department of Transportation said it plans to allocate almost $500 million to 40 projects under the popular TIGER grant program.
The truckload transportation and logistics services provider reported a net income of $24.7 million in the second quarter of 2016 and $47.2 million in the first half of 2016, year-over-year decreases of 10.7 percent and 17.4 percent, respectively.
The airfreight carrier reported commercial revenues of 241 million euros for the quarter, a 12 percent decrease from second quarter 2015, according to the company’s most recent financial statements.
The Port of New York and New Jersey, which experienced the second busiest June ever for box volumes, was called by a 10,077-TEU containership at the GCT Bayonne Terminal.
The international oil shipping services provider, which paid Bretta Tanker Holdings $15.1 million in the second quarter of 2016, saw profits for the first half of 2016 slip 11.3 percent year-over-year to $153.7 million.