Executive Moves: Norfolk Southern, Inchcape, Llamasoft, Hanson Logistics and BSM
Norfolk Southern CIO and Inchcape CEO to retire, while Llamasoft picks up global sales VP, Hanson Logistics adds board members, and BSM names CFO.
Norfolk Southern CIO and Inchcape CEO to retire, while Llamasoft picks up global sales VP, Hanson Logistics adds board members, and BSM names CFO.
Commissioners of the Pacific Northwest ports approved a plan to unify their marine cargo terminal investments, operations, planning and marketing in an attempt to strengthen the Puget Sound gateway and attract more marine cargo to the region.
The MacArthur Lock, one of the two actively used locks that enable ships to travel between Lake Superior and the lower Great Lakes, will be closed for at least 10 days due to a malfunctioning gate.
Brent crude, considered by most analysts to be the global benchmark for oil prices, fell below $50 a barrel for the first time since January amid slowing demand growth and growing global oversupply.
The Maritime Administration’s hoarding of proceeds from vessel sales, refusal to distribute maritime heritage grant funds and continued stonewalling of FOIA requests presents a troubling picture. And it’s not one of a transparent agency.
HCI Equity Partners said it will put up shares in the Wisconsin-based asset-light transportation and logistics company at $24.75 a share, just one week after Roadrunner reported its second quarter profits rose 20 percent.
The Norwegian ocean carrier reached an agreement with the Competition Commission of South Africa after admitting to price fixing, market allocation and collusive tendering.
The French Ocean carrier took delivery of its second of three GUYANAMAX series vessels, all of which will operate on its joint North Europe French Guiana North Brazil service with Marfret.
Buschar Racing, Sherwin Williams, Rock Water Energy Solutions and X-Chem LLC have each been fined between $54,000 and $63,000 by the Federal Aviation Administration for allegedly violating regulations governing the transport of hazardous materials by air.
The short-sea liner carrier will purchase slots a joint service from Turkon and Arkas Line to extend its coverage between Turkey, Egypt and Lebanon.
Delta Air Lines said, effective immediately, that it will no longer transport shipments of lion, leopard, elephant, rhinoceros and buffalo trophies worldwide.
The global shipping transportation services provider, through a separate wholly-owned subsidiary, entered into a time charter contract with Maersk Line A/S, which will charter the m/v Great for $14,750 a day.
The Dubai-based port terminal operator was fighting a proposed 750 percent rent increase at Port of Melbourne.
John Good Shipping moved into 465 square meters of office space at the DP World London Gateway Logistics Centre, which opened two weeks ago.
Toshiba Global Commerce Solutions names CEO, while the Duluth Seaway Port Authority picks port planning director.
Spot container rates between Asia and Europe last week hit a six-month high, according to data from the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index.
Trade ministers left Hawaii on Friday without concluding a TPP deal because several countries held out to protect specific domestic industries like pharmaceuticals, automobiles and agriculture from competition.
BlueWater Reporting revealed ocean carriers operate a total of 31 container services on the Mediterranean to Africa trade and 16 on the North Europe to Africa trade.
Every question deserves an answer, and as maritime administrator of the United States, I feel that the U.S. maritime industry and community deserve a factual answer to the question “where did the Maritime Heritage Grant money go?”
The World Trade Organization on Friday reiterated that China’s import duties on high-tech steel from the United States were inconsistent with its membership obligations within the trade body.