Competition from other grain-producing countries weigh on U.S. grain exports – and on U.S. rail volumes for grain.
Golden Ocean could be a trendsetter, buying a stake in a marine-fuel operation to offset IMO 2020 price and availability risks.
The CEO of Maersk says the impact from the U.S.-China tariffs and trade tensions on global trade has been quite manageable.”
West Coast sees slower import volumes as service changes and market downturn take toll.
Truck wait times on the Mexican side of the Otay Mesa port of entry have jumped as the inspection process lengthens, leaving trucks backed up for hours, said officials in Mexico. “Both Mexican and American customs are spending more time reviewing the trucks – with wait times between four and four and one-half hours,” said […]
Earlier today in Europe, Danish shipping giant A.P. Moller–Maersk (NASDAQ: Maersk A; NASDAQ: Maersk B) reported a massive increase in second quarter profit and earnings before interest, tax, depreciation and amortization. Revenues “grew slightly,” the shipping mega-conglomerate said.
News of a Japanese electric-powered oil tanker set green-hearts fluttering around the world. Electric marine craft will likely be a big thing in coastal markets but not in the long-haul trades.
Asia-U.S. container rates are still not showing peak-season strength, but optimism remains.
The Bureau of Industry and Security (BIS) is seeking public comment on the commercial impacts of the proposed addition of five chemical families to Schedule 1 of the “Annex on Chemicals” to the Chemical Weapons Convention (CWC), BIS said in a Federal Register notice published August 13. The CWC is an international arms control treaty […]
Evergreen Marine reports a second quarter profit and says it will add 23,000 TEU ultra-large containerships to its fleet.
Editor’s note: The opinions expressed in this commentary are those of John McCown and not American Shipper or FreightWaves. The Cato Institute took issue with my recent commentary on the flaws in a 40-page study by a consultant concluding that container rates to Puerto Rico would decline 88.9% if there were no Jones Act. In […]
Transfix chief operating officer Lily Shen has added president to her title. The digital freight marketplace announced Shen’s promotion on August 14. Prior to joining New York City-based Transfix about two years ago, Shen spent nearly 20 years in Silicon Valley. She was the executive director of mobility and advanced technology for IDEO for a […]
Hyundai Merchant Marine, South Korea’s largest container carrier, said it had a smaller loss in the second quarter this year than in the same period in 2018.
Can listed shipping shares break out of their slump before the U.S.-China trade dispute is resolved?
Major U.S. drayage carrier sees Southeast ports as areas of growth in freight.
The announcements confirming Canada’s planned investments in rail infrastructure come as the country prepares for a federal election in October.
Multi-modal data and channel checks with freight brokers point to a good setup for peak season.
Yang Ming had an operating profit in the second quarter but notes U.S.-China trade conflict has weakened demand for container transportation.
Amazon nears U.S. release for Prime Air drone deliveries.
In Texas, several major and regional airports posted large increases in air cargo trade for the first six months of 2019. Amarillo International Airport’s trade with the world rose a whopping 19,028 percent compared to the first six months of last year, with a shipment of aircrafts to Brazil accounting for 99 percent of the […]
