Somali Pirates release tanker, crew without ransom
Four people were reportedly hurt in gun battle that ensued when a boat tried to provide a small bunkering tanker with supplies.
Four people were reportedly hurt in gun battle that ensued when a boat tried to provide a small bunkering tanker with supplies.
The short line railroad, which serves the ports of Los Angeles and Long Beach, is testing locomotives to verify compliance with EPA Tier 4 standards.
Major seaports in the United Kingdom handled 117.2 million metric tons of freight in the fourth quarter of 2016 and 473.5 million metric tons for the full year, according to preliminary figures released by the U.K. Department for Transport.
Ocean carriers entering the market in 2010 and 2011 had a tough time, but SM Line said it believes it is timing its entrance into the transpacific market well, noting how freight rates are improving.
In addition, Hong Kong-based Orient Overseas Container Line is scheduled to receive a series of 20,000-TEU ships later this year.
Class I freight railroads had installed positive train control on 16 percent of required track as of Dec. 31, 2016, up from 12 percent in the third quarter 2016, according to the latest PTC status update from the Federal Railroad Administration.
There were no injuries to the crew or the public, no releases and no impacted motorist grade crossings from the train derailment that occurred early Wednesday morning in Lake Forest, Ill., Union Pacific spokeswoman Calli Hite said Thursday.
The Singapore-based ocean carrier, now a subsidiary of France’s CMA CGM, will commence an intra-Asia service between China, Korea, Taiwan and the Philippines with the first sailing departing from Xingang on April 9, the company said in a statement.
The Antwerp-based independent tanker company recorded a $204 million profit on revenues of $684.3 million for 2016, year-over-year declines of 41.8 percent and 19.2 percent, respectively.
American Trucking Associations promotes four staffers and hires new vice president of creative services and new director of marketing, while Xeneta appoints director of value engineering, and SmartTruck names vice president of sales and marketing.
South Korean ocean carrier Hyundai Merchant Marine said it expects to save costs and boost competitiveness through the “2M+H Strategic Cooperation,” which was signed Wednesday in Sausalito, Calif.
The Atlanta-based parcel giant will build an additional six compressed natural gas (CNG) fueling stations, and add 390 new CNG tractors and terminal trucks, along with 50 liquefied natural gas (LNG) vehicles to its alternative fuel fleet.
German conglomerate Dr. August Oetker KG said the deal may take place at the end of the year, subject to regulatory approval.
The A.P. Møller-Maersk Group subsidiary has partnered with Norsepower Oy, The Energy Technologies Institute, and Shell Shipping & Maritime to install and test Flettner rotor sails on a Maersk Tankers’ vessel.
The port attributed the 12.4 percent year-over-year decline in February box volumes to the timing of Lunar New Year, but volumes were still higher than the most recent 5-year average for February.
The Singapore-based ocean carrier, now a subsidiary of France’s CMA CGM, will purchase slots on the Japan Express (JPX) service, jointly operated by NYK and OOCL.
The new center will primarily work to provide overseas e-tailers with fast and flexible shipping solutions, integrating inbound freight, inventory and last-mile delivery in a one-stop solution, DHL said.
Ascent Global Logistics appoints vice president of strategic accounts for Marisol International, while GSC Logistics hires senior manager of sales and business development and OSM Maritime Group name two new board members.
UPS Inc. Chief Executive Officer David Abney’s pay grew another 21 percent for the year after a 35 percent raise in 2015 and a nearly 105 percent increase in 2014, according to the company’s 14A filing with the U.S. Securities and Exchange Commission.
Major container ports in the United States handled an “unusually high” 1.67 million TEUs in January 2017, up 12.5 percent from the previous year, according to the Global Port Tracker report by the National Retail Federation and Hackett Associates.