Lower oil prices cause June pullback in NAFTA trade
U.S. government data shows the value of imports and exports in the North American free trade zone fell, with vessels and pipelines bearing the brunt of the downturn.
U.S. government data shows the value of imports and exports in the North American free trade zone fell, with vessels and pipelines bearing the brunt of the downturn.
A fire broke out in a container onboard the United Arab Shipping Co. vessel Alula in the early hours of Friday morning as it arrived at Waltershof harbor, according to a statement from the city of Hamburg, Germany.
Container spot rates from Asia to Europe and the Mediterranean increased, while prices to the U.S. continued to fall.
The port also also handled a record number of container lifts at its intermodal ExpressRail yards in July, according to the latest figures from the port authority.
The regional economic forum is meeting in the Philippines to discuss joint measures to increase capabilities for the enforcement of wildlife trafficking laws.
The Antwerp, Belgium based cargo vessel and aircraft operator posted EBITA of $121 million in the first half compared with $39.9 million the previous year.
Amsterdam Airport Schiphol handled 784,567 tons in the first six months of this year, a 2.1 percent drop compared to the same period in 2014.
The airfreight carrier of Saudi Arabia’s flag airline will begin dedicated weekly cargo flights to the New York City airport starting Sept. 4.
The nation’s largest retailer began operations at the new facility in Plainfield, Ind., which has added 300 new jobs to the local economy.
Law firm Homan Fenwick Willan predicts the ban on hazardous cargo resulting from the deadly blast will have a major effect on liquid bulk volumes going forward.
An informal poll of private carriers by Stifel’s transportation group found that carriers have been able to push through contract price increases in the 4 to 8 percent range despite lower than expected demand.
CMA CGM, UASC and CSCL, members of the Ocean3 Alliance, have added vessels and increased total rotation time on its Asia-North Europe AEX7/AEC8 and Asia-Mediterranean MEX loops, according to BlueWater Reporting.
A new whitepaper by American Shipper, in collaboration with the Virginia Maritime Association, tackles some of the thorny problems behind cargo delays at key U.S. ports.
The member carriers of the Ocean3 Alliance have increased westbound transit times between the United States and China by one week on their Pearl River Express and AAC/Bohai loop, according to BlueWater Reporting.
The U.S. Department of Commerce’s Bureau of Economic Analysis revised a previous prediction of a 2.3 percent annual growth rate in second quarter gross domestic product to a 3.7 percent increase.
Tacoma members of the International Longshore and Warehouse Union are volunteering time and supplies to help combat wildfires in Eastern Washington.
The global port operator attributed its strong results primarily to increased throughput at higher margin marine terminals and its integration of industrial logistics infrastructure firm Economic Zones World.
The global freight shipping company has teamed up with Day & Ross Freight to offer expedited services throughout the Canadian marketplace.
Gulftainer appoints CEO of GT International, while MOL names manager of contract services.
The change to an appointment-based system for drayage drivers picking up or dropping off cargo at the ports will take effect immediately at five terminals (for imports initially) and five more will make the switch next year.