Maritime

Michael Khouri, who has served as acting FMC chairman since January 2017, was officially named chairman by President Trump on Thursday.

Trade ministers from Indonesia and Australia signed a new free trade agreement (FTA), the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA), in Jakarta, Indonesia, on March 4. The new agreement eliminates nearly all tariffs on the two-way trade in goods between the two nations. A wide variety of non-trade barriers will also be removed.

Electric trucks dominated the vehicle conversations at this week’s Work Truck Show in Indianapolis, plus the cost of charging vehicles, overtime pay changes and another trucker protest planned.

House lawmakers reintroduce legislation requiring trucks over 10,000 pounds to have protective guards on all sides, which the association says offer no safety benefit.

The YM Warranty and YM Wellspring are planned for the Pacific North West Coast Loop 3 and Mediterranean Service-2 lanes.

V. Group, a leading global marine and offshore vessel management and support services provider headquartered in London, hired Allison Henrikson to fill the role of Chief Financial Officer on Thursday, March 7. Henrikson, who has experience in senior finance roles with various international companies, comes from her role as the finance director Compass Group PLC, […]

Company plans to improve profits by canceling uneconomical charters and “reducing market-exposed fleets.”

Tony Kingston is named president and CEO, and Jon Panzer, Jennifer Hamann and Gary Grosz have new roles.

Lars Jensen says while individual carriers and freight forwarders may be under threat, the industry is not.

A survey sponsored by the International Tank Container Organization found the top 10 operators and leasing companies dominated the industry.

The American Logistics Aid Network’s volunteers prepare to assist Alabama and Georgia communities struck by tornadoes as well as flood-ridden areas of Tennessee.

The deal, which is reportedly for an approximately $2.5 billion and also includes DCLI subsidiary Blume Global, is expected to close in the second quarter.

An e-bill of lading service using proven scalable technology can have easy ROI based on prime service revenue, faster delivery, time savings, removal of fraud risk and heightened security.

A maritime labor-supply demand gap is opening up in Australia as its marine workforce is old and getting older, according to a new report from local domestic trade association Maritime Industry Australia. Worse still, there are fewer and fewer young people entering the local maritime industries.

Smaller fleets see best growth in driver capacity, but shippers only tap them once in a while, creating more volatility.

Agency said the Boeing 767-300 cargo plane’s pilots lost contact with air traffic control in Houston during the last 18 seconds before the Feb. 23 crash.

The latest economic projections from the Organization of Economic Co-operation and Development predict a global slow down in trade. Acquiring a new business in this climate is a challenge that CH Robinson has accepted.

BLOC recently collaborated with mining company BHP, Japanese shipping company NYK, and biofuel company GoodFuels, to deliver sustainable biofuel to the BHP-chartered, NYK-owned bulk carrier – all via BLOC’s blockchain fuels assurance platform.

Opposition voiced by lawmakers and U.S.-flag vessel and shipyard interests to Puerto Rico’s proposed 10-year Jones Act waiver.

While the companies agree on how to tackle the low-sulfur fuel mandate, they are pursuing very different corporate strategies.