Volumes were up 10.4 percent from 2014, but on 7.4 percent fewer ships calling at the port, indicating that much of the cargo is arriving on larger ships, according to the Port Authority of New York and New Jersey.
The German ocean carrier’s “Watchdog” software flagged more shipments both because of an increase in business and stricter regulations following the explosions in Port Tianjin last year.
The 25-member crew of the Safmarine Kuramo are reported to be safe after the vessel was boarded by armed hijackers off the coast of Nigeria Friday night.
MOL will terminate its current CSW loop, while MSC and Maersk Line’s jointly operated Ipanema Service/ASAS3 will see MOL upgrade from a slot purchaser to a vessel provider and add additional calls in South America.
Lyttelton Port of Christchurch, situated in eastern New Zealand, officially opened its new Cashin Quay 2 wharf last week, effectively doubling container vessel berthing capacity.
The China Shipping ultra-large containership has been stuck in the channel leading to and from the Port of Hamburg for nearly a week now.
The Commerce Department reported on Friday that U.S. exports of goods and services for December slipped 4.8 percent from the previous month to $2.23 trillion.
The U.S. Federal Maritime Commission has received 29 ocean transportation intermediary (OTI) license applications and changes for review.
The U.S. Federal Maritime Commission has received 29 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 29 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 29 ocean transportation intermediary license applications and changes for review.
FMC reviews 29 OTI license applications
The U.S. Federal Maritime Commission has received 29 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from BL Worldwide Corp., Doral, Fla. (Maria J. Bembhy, president); Browman Freight Services, Markham, Canada (Philip Browman, president); Cesar Eddy Quinones, Secaucus, N.J. (Cesar E. Quinones, sole proprietor); DTI Group, Miami […]
Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd, “K” Line and NYK issued general rate increases.
XPO Logistics says YRC Freight, a top rival in the less-than-truckload space, improperly lured two key executives who brought with them confidential information and other key employees that would help blunt XPO’s market strategy.
TNT Express on Friday said it has entered an agreement to sell its airline operations, TNT Airways and Pan Air Líneas Aéreas, to ASL Aviation Group.
Canadian Pacific published a third white paper regarding its proposed acquisition of Norfolk Southern Corp., and the U.S. Surface Transportation Board has begun to receive letters from rail customers in support of the controversial takeover.
A $60 million upfront payment by Ports America and TIL gives the Northern California port limited recourse following their departure from Oakland Harbor Terminal, according to a research note by Fitch Ratings.
Rates from Asia to Northwest Europe and the Mediterranean have dropped for the past five consecutive weeks.
Non-asset based freight brokerage and transportation management service provider Echo Global Logistics set a fourth quarter record for total revenues as it continued to expand its market share.
