Maritime

Labor unions claim the effect on jobs is not being properly considered.

Treasury Secretary Steven Mnuchin and French Finance Minister Bruno Le Maire on Sept. 3 stated a shared commitment for their countries to work constructively on a solution to international taxation at the Organization for Economic Cooperation and Development (OECD) by early 2020, Treasury announced after the officials met in Washington, DC. The commitment comes after […]

Customs and Border Protection (CBP) officers arrested a 24-year-old woman on Sept. 2 at the Port of Lukeville, AZ, for attempting to smuggle 53 pounds of methamphetamine from Mexico to the U.S., CBP announced Sept. 3. The drugs have a street value of almost $48,000, the agency said. Officers referred the Mexican national for secondary […]

Companies like Safe Bulkers are booking their ships at considerably higher rates, yet investor interest remains muted.

Resit Tavan, owner of Istanbul-based Ramor Dis Ticaret Ltd., will spend 27 months in jail for conspiring to export U.S. marine equipment to Iran.

Although consumption rates in Europe have remained durable and kept cargo demand reasonably buoyant this year, the U.S.-China trade war and ‘Brexit’ are casting dark clouds over the European economy and freight outlook, according to analysts and executives. “I think the biggest problem right now is the uncertainty that is causing people to hold off […]

Forwarders and ocean carriers are betting a major holiday in Asia and seasonal inventory building at U.S. retailers will provide a boost to container shipping rates. Despite the short-term bump, one outlook for 2019 suggests the container shipping industry will remain challenged.  Spot rates on one of the busiest ocean trade lanes for moving containerized […]

USPS’ impending exit from Universal Postal Union could send international air parcel rates soaring

Sixth largest container shipping firm cites Asian demand for fresh food as prompting the move.

South Florida’s customs brokers and forwarder employees begin returning to their offices, with the region mostly avoiding the damaging effects of the hurricane.

Northeast Florida readies for Hurricane Dorian, Uber and Lyft offer free rides, Georgia ports remain closed and UPS issues pickup and delivery advisory.

The price of new IMO 2020-compliant low-sulfur fuels is already 30% higher than fuels currently in use, but costs will rise further as the Jan. 1 deadline approaches, says consultant

The BIS Office of Export Enforcement has “revealed schemes” by Pakistani entities attempting to acquire U.S. technologies to support the country’s nuclear program.

OFAC has added two Taiwan entities and another in Hong Kong, as well as their managers, to its list of sanctions for illicit ship-to-ship transfers of fuel to North Korea.

The London-based startup is helping ships to optimize their port docking time, allowing them to sail early and save on fuel by sailing slower.

Maersk, Hapag-Lloyd, HMM and OOCL have announced plans to impose penalties on shippers.

After 35 years representing the National Customs Brokers and Forwarders Association of America on Capitol Hill, Jon Kent has decided it is time to retire.

Hurricane Dorian’s approach upward along the U.S. Southeast coast will shutter maritime and rail assets throughout the region during the week.   Dorian was located just 100 miles off the Florida coast as of Monday evening, according to the National Hurricane Center, and was stationary just off Freeport, Bahamas. It was downgraded to a Category 4 […]

A study sponsored by Canadian dockworkers has tried to quantify the impact of container terminal automation.

Customs and Border Protection announced that it will suspend operations at the two Georgia seaports for Sept. 3-4 with the approach of Hurricane Dorian.