The city released a “Request for Expressions of Interest and Information (RFEII) for Maximizing Economic Benefits” and is looking at the possible use of Newark Port land by a private owner.
Christmas came late for some FedEx customers this year as the company scrambled to handle inclement weather in the Midwestern United States and record e-commerce orders.
Some fines are targeting roll-on/roll-off firms for alleged price fixing in the transportation of automobiles, while others are aimed at container companies for reported issues with tariff filing.
Container rates from Shanghai to Northwest Europe and the Mediterranean inched up last Friday compared to the Dec. 18 reading, while rates to the United States remained flat.
The European Shippers’ Council says shippers want to know how to practically work with guidelines put in place by new International Maritime Organization regulations regarding container weights, which go into effect next July.
United States gross domestic product expanded at an annualized rate of 2.0 percent in the third quarter of 2015, according to the third estimate from the Department of Commerce’s Bureau of Economic Analysis.
The U.S.-owned and operated marine solutions, transportation and logistics company took delivery of the second of the four LNG-ready, Jones Act product tankers from Philly Shipyard, Inc. last week.
In an annual survey conducted by the Rotterdam School of Management at Erasmus University, shippers from the Netherlands ranked “reliability of booking” as the most important service concern.
The U.S. Department of Agriculture said the United States in October exported more ethanol to China than in the previous 10 years combined.
The cargo handling agent in Hong Kong handled 2,242 full freighters in November, an increase from the previous monthly record of 2,232 full freighters set in November 2014.
The refrigerated trucking specialist opened a $5 million multi-temperature storage facility in Yangon, Myanmar.
Ocean carriers Maersk Line and Emirates Shipping Line issued general rate increases.
Construction, mining and power generation equipment manufacturer Caterpillar is among a growing number of U.S. companies seeking to end the trade embargo in order to tap the Cuban consumer market.
Deployed capacity from Asia to the West Coast of South America will decrease by 15 percent by the end of the year compared to the middle of December as a result of the termination of the WLX/SA2 and the merger of the Andes and AN2/ACSA2 services.
Fred Potter, head of the Teamsters port division, predicts the port trucking industry will have to convert from an independent contractor model to one of employee drivers.
A proposal for the development of an inland port in the eastern Pennsylvania town of Bethlehem is being floated by the Port of New York and New Jersey in an effort to relieve pressure on the busiest port on the U.S. East Coast.
The Shanghai Stock Exchange has given the two companies three days to respond to detailed questionnaires about their potential deal, which would create the fourth largest ocean carrier worldwide.
The Canadian government this week said it will not apply WTO-authorized retaliatory tariffs in response to the U.S. Congress’s repeal of country origin labeling requirements.
As part of the Danish ocean carrier’s cost cutting plan, Vincent Clerc will replace Stephen Schueler as chief commercial officer, while Michael Hansen will move from Seago to become Maersk’s global head of sales.
The price of Brent crude, the global benchmark for oil prices, fell to its lowest level since 2004 on Tuesday as global supply continues to outpace demand.
