The U.S. trade deficit totaled $45.2 billion in November, up 6.8 percent from October as exports declined amid stronger domestic demand for imports.
The Singapore Ministry of Transport and PSA International have partnered with automotive companies Scania and Toyota Tsusho for the design, development and testing of an autonomous truck platooning system for use within the Port of Singapore.
The International Air Transport Association attributed the continued growth to more shipments of silicon materials for high value electronics, an apparent turnaround in new export orders, and the modal shift to air cargo due to the collapse of Hanjin.
Major container ports in the United States handled 1.64 million TEUs in November, down 6.6 percent from October but up 11.2 percent from November 2015, according to the Global Port Tracker report by the National Retail Federation and Hackett Associates.
The port handled a record amount of loaded containerized cargo in 2016, despite the decision by Ports America and Terminal Investment Ltd. to close their operation at the port’s Outer Harbor.
The United States experienced growth in beef, pork and lamb exports in terms of volumes and value in November 2016 compared to 12 months prior.
The South Carolina Ports Authority handled 1.996 million TEUs in 2016, beating its previous calendar year container throughput record set in 2005.
The two ship-to-shore cranes the port is scheduled to receive from ZPMC in early 2018 will be able to work the larger ships that can now transit the Panama Canal’s new locks.
Logistics Plus hires new head of sourcing division, while the Cargo Incident Notification System names deputy chairman.
Global trade in 2016 was sluggish, as import volumes and global container throughput dipped, but the negligible dip in global trade was accompanied by radical shifts in freight pricing.
Sen. John Thune, R.-S.D., was selected to lead the Senate Committee on Commerce, Science and Transportation for a second straight term.
The Oregon Supreme Court is being asked to look at the legality of subsidies the Port of Portland gave to ocean carriers in 2012 and 2013.
International Maritime Organization Secretary General Kitack Lim cautioned that including shipping in the European Union’s Emission Trading System could undermine efforts to reduce greenhouse gas emissions from shipping on a global basis.
Canada’s trade surplus of C$526 million for November came as a surprise, as analysts had projected the nation would experience a trade deficit for the month.
The parcel giant and third-party logistics provider’s purchase of Freightex, an asset-light truckload, less-than-truckload, specialized and refrigerated trucking services firm, aims to expand its U.K. and European truckload brokerage business.
U.S. Transportation Secretary Anthony Foxx reacted to the Logistics Management Institute’s findings on sexual harassment and sexual assault at the United States Merchant Marine Academy, which caused the suspension of the academy’s Sea Year in June 2016.
The total value of cross-border trade between the United States, Mexico and Canada has now fallen in 21 of the last 22 months compared with the prior-year period, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics.
Transportation and logistics employment grew for the third straight month in December following revised gains of 13,000 positions in October and 11,400 jobs last month, according to recent preliminary data from the U.S. Department of Labor.
Wallenius Wilhelmsen Logistics opened a new processing facility in San José Chiapa, Mexico at Audi’s new assembly plant, which is expected to become the worldwide sourcing point of the German car manufacturer’s Q5.
The Intermodal Association of North America selects new board members and officers, while Pender & Coward adds to its maritime, admiralty and transportation practice.
