The United States and Laos entered a bilateral Trade and Investment Framework Agreement, which establishes a forum for the two countries to discuss trade and investment issues.
Major freight railroads in the United States employed 156,602 workers as of the middle of January, down from 160,795 the previous month and 171,476 in January, 2015, according to data from the Surface Transportation Board.
The Bellevue, Wash.-based third-party logistics provider reported a $2.5 million loss in its second fiscal quarter, ended Dec. 31, 2015, despite revenues soaring 95.3 percent year-over-year to $207.0 million.
The New Zealand port handled 470,928 TEUs during the first half of the 2016 financial year ending Dec. 31, a 10.4 percent year-over-year increase.
Capable of carrying 7,500 cars, the Japanese ocean carrier’s new roll-on/roll-off vessel, “Drive Green Highway,” features energy saving technology including solar panels.
The Canadian shipping company reported net earnings from continuing operations of $21.1 million for the full year of 2015 on revenues of $413.5 million, year-over-year drops of 57 percent and 12.7 percent, respectively.
The airport handled 361,000 metric tons of cargo in January, a 1.5 percent year-over-year increase.
With 30 percent volume growth in cargoes to and from the United States during 2015 and its acquisition of the container operations of APL, the French ocean carrier expects to jump ahead of industry leaders MSC and Maersk Line in the U.S. trade lanes.
Do NVOs like low rates? Your January issue editorial, “Low container-shipping rates aren’t shippers’ problem,” surprised me somewhat, so I let it soak in and thought, “Let’s start the year with a debate”—at least with someone who knows and been around the business for more than three years. The issue is how do […]
This month’s column is going to seem like a hodgepodge and I apologize upfront for that. The reality is I had a couple of interesting concepts come across my desk over the past few weeks that I wanted to share because they’re cool, they’re about technology and they relate to supply chains. And […]
With a long history and diverse fleet, International Shipholding Corp. (ISC) is one of the more interesting U.S.-based shipping companies. The company was founded by Niels F. Johnsen in 1947 as Central Gulf Steamship Corp. with a single Liberty ship, the SS Horatio Allen, and run for many years by his sons Niels W. and […]
Although one terminal operator leaves, there’s development elsewhere in the Port of Oakland.
In just the last few months, we’ve seen two massive deals in the ocean shipping industry: CMA CGM, already the third largest container carrier, in December made a $2.8 billion all-cash offer to acquire APL parent Neptune Orient Lines from Singapore-owned Temasek Holdings; and shortly thereafter, state-owned conglomerates COSCO and China Shipping announced plans […]
In 2013 the produce company Sol Group hired APL to ship melons from Honduras and Guatemala to Los Angeles. The fruit company alleged APL failed to live up to its contractual commitments. Sol sued APL for breach of contract and fraud in the inducement of the contract. It sought monetary damages and a […]
N.C. port authority expects boost from new intermodal terminal.
United States Coast Guard officials made it clear at a Federal Maritime Commission hearing Thursday in Washington, D.C. the shipping industry will have to comply with International Maritime Organization verified gross mass requirements on July 1.
Airports Council International attributed the modest growth during the year largely to subdued growth in emerging markets and developing economies, in addition to a more modest recovery in advanced economies.
The overall reading of the Shanghai Containerized Freight Index has continuously declined since Dec. 31, but many ocean carriers will attempt to implement general rate increases starting in March.
The ocean carrier alliance announced it will skip several sailings on its Asia-Europe Loop 6 service for a period of 11 weeks in response to changes in market demand.
The new Ship Data Center is designed to optimize vessel operations by centralizing data collection and analysis of shipboard systems.
