Passage in early December of a five-year, $305 billion surface transportation bill was a relief for the business community, which has long expressed concerns about bottlenecks and worsening road conditions that make it difficult to efficiently transport goods to domestic and international markets. The icing on the cake, from industry’s standpoint, is the new […]
The U.S. Army Corps of Engineers has agreed to conduct the design and engineering phase of the project, and the $1.1 trillion omnibus bill passed by Congress on Friday includes funding to dredge the harbor to 52 feet.
The bilateral agreement on passenger and cargo aviation, which took two years to negotiate, is designed to increase opportunities for carriers by opening new routes between the neighboring countries.
The French Competition Authority has ordered a total of 20 companies to pay nearly $740 million in fines for alleged anti-competitive behavior in the French parcel delivery sector.
The improved productivity resulting from the institution of variable pricing would be worth $2 billion to $3 billion annually, according to estimates from management consulting firm McKinsey & Co.
The state’s Transportation Economic Development Fund will disburse nearly $1 million in funding to support “economically important” construction projects tied to private plant expansions.
Carriers will face continued competition from operators of both container and handy-size bulk ships, according to the London-based ship consultant’s latest Multipurpose Shipping Market Review and Forecaster report.
The Marseille Fos port authority’s Fos port-industry zone will become the site of France’s first demonstration plant for a ‘Power to Gas’ project.
The European shipping and transport company launched a daily rail freight shuttle between Italy and Rotterdam and Zeebrugge as part of a comprehensive multimodal link between England and Italy.
Inchcape Shipping Solutions became NileDutch’s new agent in Alexandria, Egypt.
Ocean carriers CMA CGM, Hapag-Lloyd, MOL, OOCL and Hamburg Sud issued general rate increases on several trade routes.
Changes to free time policies “must be carefully considered” and should not come until after a planned overhaul of appointment systems, the Los Angeles Customs Brokers & Freight Forwarders Association said in a letter last week to the Port of Long Beach.
Federal Maritime Commissioner William P. Doyle says he is predisposed to give carriers flexibility in adjusting alliance structures to align with the current realities of ocean shipping industry consolidation.
The Evergreen Group’s Colon Container Terminal will be equipped to handle the much larger containerships that will be able to transit the Panama Canal when its expansion project is completed early next year.
A business-led coalition has started the Global Alliance for Trade Facilitation to help developing countries meet their obligations under the World Trade Organization’s Trade Facilitation Agreement.
The e-commerce giant will make a decision on whether to move forward with launching its own air cargo business in January, according to a report in the Seattle Times.
Ocean carrier Hanjin will terminate its CKA loop between Asia and Oceania and will join a loop connecting Japan, Korea and China with Australia in February.
Florida International Terminals will relocate its terminal within the south end of the port as part of the new 10-year deal in order to accommodate an expansion project at the South Florida port.
The Maersk intra-Americas affiliate’s “Atlantico” service from Altamira and Veracruz will offer rapid transit time to shippers of produce and other foodstuffs, according to a statement from SeaLand.
Truckload pricing grew 1.6 percent for the month compared to November 2014, the ninth consecutive monthly increase, according the latest Cass Truckload Linehaul Index.
