The U.S.-Azerbaijan Open Skies Agreement, which liberalizes bilateral aviation between the two countries with the goal of facilitating trade and travel, is now in force.
Agriculture officers are holding up vessel releases in Chile until full inspections for the moths can be completed outside the South American countries’ ports, according to Inchcape Shipping Services.
Vietnam grabbed a portion of overall market share of European Union trade away from its fellow Southeast Asian nations last year, a trend that may continue following the conclusion of an EU-ASEAN free trade agreement.
The June 15 AS Daily news report Port of Long Beach container volumes see slight bump in May conflated the fiscal year-to-date totals in Long Beach with the calendar year totals. The number of containers handled at the Port of Long Beach through the first five months of 2016 is 2.68 million. Yesterday’s newswire put […]
The accumulation of high value cargo will increase as bigger ships gather for passage through the newly expanded Central American waterway, increasing insurance risk, according to a new report from Allianz Global Corporate & Specialty.
With cargo volumes near all-time peak levels, May 2016 still qualified as the second-busiest May in the Southern California port’s 105-year history.
The French ocean carrier has teamed up with PSA Singapore Terminals to operate four “mega” container berths at Pasir Panjang Terminal Phases 3 and 4 in Singapore, according to a joint statement from the companies.
The majority of sanctions applicable to U.S. companies remain in effect, and violators could be subject to fines and other penalties, according to Brent Helms, special counsel for the energy, environment and natural resources team at Jones Walker LLP.
Lamar University in Beaumont, Texas is offering a new master’s program in port management, and recently named veteran port administrator Erik Stromberg to lead its new Center for Advances in Port Management.
Choi Eun-young, a former chairwoman of struggling South Korean ocean carrier Hanjin Shipping, is not seen as a flight risk and has pledged to cooperate in the insider trading investigation, according to multiple media reports.
The Japanese ocean carrier will acquire a 25 percent stake in EMAS Chiyoda Subsea, a construction firm specializing in offshore and subsea oil and gas facilities, from Singapore’s Ezra Holdings and Japan’s Chiyoda Corporation.
Miscalculation of the economies of scale for ultra-large containerships on the part of ocean carriers has had disastrous effects on the cargo business, according to Bloomberg View columnist Adam Minter.
The logistics unit of German airline Deutsche Lufthansa AG plans to eliminate 450 to 500 positions in Germany and another 250 to 300 abroad as part of a greater cost reduction program aimed at making the company more competitive.
The transaction, which would be the first between the aircraft manufacturer and Iran since the lifting of economic sanctions in January, comprises up to 100 jetliners worth about $25 billion, but would require U.S. government approval prior to completion.
The third-party logistics division of Japanese shipping company NYK has acquired a larger warehouse at the inland port in Duisberg, Germany.
The integrated global logistics provider is running a competition to get ideas for logistics practices with a social benefit and an autonomous delivery cart.
American Shipper recently visited the global headquarters of C.H. Robinson’s managed transportation services subsidiary in Chicago to get a first hand look at the company’s transportation control tower, which shows how a managed TMS works in practice.
The freight forwarding arm of Danish shipping conglomerate AP Moller Maersk said it will provide weighing and data transmission services to help shippers comply with new SOLAS verified gross mass requirements.
Due to the deterioration of container freight rates and the subsequent drop in carrier financial results, analysts with Drewry Maritime Equity Research foresee a possible combination of Korean and Japanese carriers.
The Federal Aviation Administration has proposed a $350,000 civil penalty against Seattle-based e-commerce giant Amazon.com for allegedly violating federal hazardous materials transport regulations.
