FMC’s Doyle: SM Line forms from the ashes of Hanjin
Federal Maritime Commissioner William P. Doyle said SM Line plans on launching a transpacific service and eight intra-Asia services.
Federal Maritime Commissioner William P. Doyle said SM Line plans on launching a transpacific service and eight intra-Asia services.
Alain Bédard, chairman, president and chief executive officer of TFI International, formerly known as TransForce, said the acquisition diversifies the company into the medical last mile business.
The port handled a record 2.65 million TEUs in 2016, a 4.2 percent jump from 2015, with increases in both imports and exports.
The new pool is scheduled to launch Monday and will be managed by Consolidated Chassis Management on behalf of the North American Chassis Pool Cooperative.
The Canadian port handled 10 percent more cargo in 2016 and opened a new container terminal in the Viau sector in November.
The Institute of International Container Lessors appoints new chairman, Dayton Freight promotes three employees to service center positions, and Page International names director of sales.
Judge John Sherwood decided to confer with the South Korean court before making a decision about Hanjin’s sale of its 54 percent stake in Total Terminals International to 46 percent minority owner Terminal Investment Ltd.
Drewry’s investment research arm said it believes CMA CGM of France is best positioned among the major carriers to be a perfect suitor for Orient Overseas (International) Limited, the parent company of Hong Kong-Based OOCL.
E-commerce growth, products no longer being fully built at just one facility, and “building to order” replacing “building to stock” have resulted in a more complex supply chain.
The Georgia Ports Authority and the South Carolina Ports Authority signed an agreement in 2015 to develop the Jasper Ocean Terminal, which will be jointly owned and operated by both port authorities.
The Shanghai Containerized Freight Index’s increases on the Shanghai to U.S. trades were partially offset by declines on the Shanghai to Europe/Mediterranean trades.
The Californian port said it is prospering despite Ports America and Terminal Investment Ltd. ending their operations at the Outer Harbor Terminal last year.
The global port terminal operator’s terminals in Singapore handled 30.59 million TEUs in 2016, while volumes at its other locations totaled 37.04 million TEUs.
The U.S. Justice Department said two shipping companies were ordered to pay a combined $2.7 million for illegally dumping oily wastes into the ocean.
The Federal Aviation Administration has proposed fines against Jegs Automotive and Amazon in separate incidents involving undeclared flammable and toxic liquid shipments.
The U.S. Court of Appeals for the 7th Circuit denied the Owner-Operator Independent Drivers Association’s rehearing request against the Federal Motor Carrier Safety Administration’s mandate to electronically track commercial truck drivers.
The U.S. Grains Council called the announcement by China that it will subject U.S. distiller’s dried grains with solubles (DDGS) to anti-dumping and countervailing duties “rash.”
Starting next week, the terminal will be the first of six facilities within the Port of New York and New Jersey to roll out the port authority’s new Truck Management System.
The Phoenix, Ariz.-based third-party logistics provider and truck broker has purchased Global Freight Source for an undisclosed price in an effort to continue to grow its share of the truckload and less-than-truckload brokerage market.
The Southern California port handled more than 8.8 million TEUs for the year, an 8.5 percent increase from 2015 and the most ever for a port in the western hemisphere, according to a statement from the port.