Canadian Pacific’s latest attempt to buy rival Norfolk Southern hasn’t swayed executives of the Virginia-based railroad, which said it still doubts the deal would pass regulatory review regardless of the offer’s value.
With only 57 active ships in the Maritime Security Program, MarAd is seeking additional vessels and increasing the per ship stipend from $3.1 million to $5 million to help U.S.-flag carriers offset higher operating costs.
The second highest court in the European Union has reversed a prior European Commission decision to impose over $850 million in fines on 12 airfreight carriers for alleged anti-competitive behavior.
Singapore Post Limited Group Chief Executive Officer Wolfgang Baier stepped down abruptly on Dec. 10, according to a statement from the company.
Terminal 5 in Seattle is having its dock strengthened and deepened, with the design phase scheduled to begin after the New Year.
Texas-based University Furnishings has agreed to pay $15 million to resolve a lawsuit brought under the False Claims Act that it evaded duties on furniture imports from China.
The Moscow, Russia-based cargo airline handed 439,000 tons of cargo during the first 11 months of 2015, a 20 percent year-over-year increase.
U.S.-flag vessel operators on the Great Lakes have committed over $110 million in 2016 to maintain and upgrade their vessel fleets.
The forwarder established the Southern rail corridor, a multimodal service between China and Turkey that occupies a critical juncture within the Silk Road Economic Belt.
The airfreight carrier will utilize Boeing 777F freighter aircraft to fly the route two times per week from DFW Airport, a large market for air cargo, to Liege, Belgium.
The Panama Canal Authority has yet to select a commercial opening date, but says it will be “soon after the inauguration” of the widened waterway following transit trial tests with a chartered vessel via the Atlantic locks in April.
The emergence of API messaging, a topic covered in the October issue of American Shipper (“A New Communication Pipeline,” p. 8), is nothing new. This type of exchange has been around for at least a decade. At SMC³, our business is fueled by web-service APIs. As an industry association that provides trusted, leading pricing […]
With around 400 free trade agreements in effect globally, the Trans-Pacific Partnership is poised to create new opportunities for multinational companies. And with increasingly complex supply chains, companies that do not fully utilize all of the FTAs available to them are operating at a competitive disadvantage. It turns out most companies fit […]
Container shipping will see mergers and alliance shifts in 2016, but still rocked by overcapacity.
Automating denied party screening can help U.S. exporters avoid painful non-compliance penalties.
Cargo pre-inspection part of effort to transform U.S., Mexico customs clearance.
The latest BlueWater Reporting Carrier Report gives readers an industry insider perspective of the potential sale of NOL to CMA CGM, the company’s recent financial performance, and an analysis of APL’s fleet and network.
Ocean carrier APL, a subsidiary of Singapore’s Neptune Orient Lines, finds itself in an interesting position at present. Despite the formation of the G6 Alliance, of which APL is a member, the company has struggled to maintain profitability in the wake of the worldwide economic downturn. Carrier alliances were designed to save companies money […]
Don’t be bashful. When it comes time to negotiate service contracts with the liner carriers this spring, shippers and non-vessel-operating common carriers should go for the lowest rates possible for their container haulage. There’s plenty of capacity to be had on board those new mega-containerships, and shippers and NVOs shouldn’t be compelled to […]
All freight shippers are forced to determine an approach to the phenomenon of cargo theft, but those who ship especially high-value truckloads of targeted commodities are particularly vulnerable to the risk. The circumstances surrounding a recent federal court decision, when examined from the shipper’s perspective, illuminate some effective strategies in combating the problem. […]
