Maritime

The U.S. Federal Maritime Commission has received 22 ocean transportation intermediary license applications and changes for review.

UPS appoints managing director of UPS Korea, Amsterdam Airport Schiphol names cargo head, the National Retail Federation (NRF) appoints NRF Foundation president, and United Properties picks asset management vice president.

Anthony Reardon, the head of the union representing U.S. Customs and Border Protection (CBP) port officers, has raised concerns about the agency’s and Congress’ dedication to hiring more officers to fill understaffed ports of entry.

The French ocean carrier turned a profit in 2017, partly due to its acquisition of APL in mid-2016, and expects volumes to continue to hold strong this year.

Utah Gov. Gary R. Herbert indicated his intent to sign a bill that would allow for an inland port in the northwest quadrant of Salt Lake City, which would be connected to multiple major cities via Class I railway Union Pacific.

The Dubai-based container terminal operator increased its profits, revenues and throughput in 2017 from the prior year.

The 5,616-TEU Maersk Kensington reported a fire Thursday in a cargo hold, but the cause of the fire is still unknown.

The Limassol, Cyprus-based port terminal operator posted a net loss of $53 million compared with a $61 million profit in 2016, despite rising volumes and relatively steady revenues, according to the firm’s most recent financial statements.

The Mississauga, Canada-based all-cargo airline posted net earnings of $23.7 million Canadian (U.S. $18.1 million) for the year compared with just C$2.4 million in 2016, as revenues rose 15.7 percent to C$382.9.

Medway will introduce a freight rail service between Spain and Portugal, expected to begin April 4.

PierPass President John Cushing said he suspects marine terminal operators at the two ports will make a decision within the next few weeks.

House members expressed concern about the stability of the Coast Guard budget, as well as the cuts to the Maritime Security Program and PL-480.

Acting U.S. Federal Maritime Commission Chairman Michael Khouri told House lawmakers at a hearing Wednesday that President Donald Trump’s fiscal year 2019 budget request of $27.49 million for the agency is sufficient to maintain its operations.

The world’s largest ocean carrier has projected Mexico’s container trade will grow 6 percent this year as the country continues to be fueled by various economic tailwinds.

The International Air Transport Association has launched a new online air cargo tool, dubbed Dangerous Goods AutoCheck, to assist airlines, handlers, third-party logistics providers and shippers comply with dangerous goods requirements.

Broad-based economic expansion is accelerating thanks to “robust” investment growth and increases in international trade, but risks remain in the form of rising trade tensions, according to the Organisation for Economic Cooperation and Development (OECD).

The Government Accountability Office recommended that U.S. Customs and Border Protection work with partner government agencies to finalize an Automated Commercial Environment (ACE) work plan.

Seaspan is increasing the size of its fleet by 29 percent through the acquisition of the remaining 89 percent of Greater China Intermodal Investments it did not already own.

The California port handled 14.9 percent more loaded import containers in February from 12 months prior, reaching 174,902 TEUs.