Big ships raise concerns in insurance industry
“Insurers have been warning for years that the increasing size of vessels is leading to a higher accumulation of risk,” says Allianz.
“Insurers have been warning for years that the increasing size of vessels is leading to a higher accumulation of risk,” says Allianz.
The Richmond, Va.-based trucking company’s $15 million bid for Eastern Freight Ways and Carrier Industries was approved by a judge in mid-May.
A memorandum of understanding paves the way for digital and physical connections between Amsterdam Airport Schiphol and Hartsfield-Jackson Atlanta International Airport.
Installations of the exhaust cleaning systems will begin on three vessels in 2019 and the remaining three in 2020.
Market expert Henry Byers examines the U.S.-Chinese trade war and its impact on imports and the broader economy.
The Shanghai International Shipping Institute points to “feeble economic and trade growth” in a recently released report.
Thomas Sonntag is named managing director and Marcus Anvell is appointed area sales manager.
While most trade lanes grapple with overcapacity and weak rates, the trans-Atlantic westbound market is one bright spot for ocean carriers. One market expert credits a strong U.S. dollar and capacity discipline as the keys to keeping that market firm. Globally, spot container rates are stuck at one-year lows. The Freightos Baltic Index (SONAR: FBX.GLBL) […]
Erin Wirth succeeds Clay Guthridge, who retired last week after serving 13 years as the Federal Maritime Commission’s chief administrative law judge.
Australia’s border biosecurity system was stretched “close to breaking point” and had “severe impacts on sections of the shipping and exporting industries,” says the Inspector-General of Biosecurity.
Trade growth, demography and land use changes in the city of Melbourne, Australia, have made necessary a shift of freight from truck to rail, according to an analysis by Melissa Horne, Victorian Minister for Ports and Freight.
Rates are rising for bulkers and gas carriers, while container pricing on the trans-Pacific is showing signs of life.
It has been the slowest start of the year on record for shipping on Wall Street.
Funds will be used to increase rail capacity and reduce truck traffic in downtown Halifax.
Market expert writes about how current trade issues between the U.S. and China, the U.S. and Mexico and the U.S. and the EU may disrupt supply chains and cause economic problems.
The shipping line says the move is in line with a decision to quit other voluntary discussion agreements in 2017.
Military members under the age of 21 can now apply for inclusion in an FMCSA pilot program for younger drivers.
“Heightened political risks to vessel security, complying with 2020 emissions rules and the growing number of fires on board bring challenges.”
The pilot program allows a limited number of drivers ages 18 to 21 to drive CMVs in interstate commerce if they possess the military equivalent of a CDL.
Nicola Caristo, Peter Lantin, Baba Devani and Jan Eskil Hollen have new assignments.