Companies in the transportation and logistics sector added 6,400 jobs in November, bouncing back from a decline in October, according to the U.S. Department of Labor.
The United States Coast Guard said a TOTE Maritime barge has been diverted to the Port of Palm Beach after “up to 25” containers were lost after the vessel left Port Canaveral.
The Khalifa Port Container Terminal, strategically located between Abu Dhabi and Dubai, will take delivery of new equipment and increase its overall annual container handling capacity from 1.9 million TEUs to 2.5 million TEUs.
The U.S.-owned and operated marine solutions, transportation and logistics company added 400 new refrigerated cargo containers to its equipment fleet to accommodate Central America’s heavy northbound reefer season, which is currently underway.
The United States exported 177,191 metric tons of pork and 94,524 metric tons of beef in October, year-over-year decreases of 2.8 percent and 14.0 percent, respectively.
Limestone shipments on the Great Lakes totaled 3 million tons in November, a nearly 11 percent increase from November 2014.
The airline group added 26 new stations in Europe via its Vueling network, intended to open export business to companies in Europe’s smaller, provincial airports in addition to larger European hubs.
The Commerce Department reported Friday that U.S. exports of goods and services fell in October to $184.1 billion from $186.8 billion in September.
The French ocean carrier terminated its MEDGULF loop between the Mediterranean, Caribbean and the East Coast of North America, and commenced its Med Gulf Ecuador loop, which has a similar rotation and slightly larger vessels.
The containership ran aground off Sangiang Island in Indonesia’s Sundra Strait on Friday while en route from Adelaide, Australia to Jakarta, Indonesia.
The forwarder is currently testing Postbus Courier, a new service for urgent parcel deliveries, between Berlin and Hamburg, Germany.
The Hamburg, Germany-based carrier opened two new offices in Rio de Janeiro, Brazil and Dubai, United Arab Emirates.
Ocean carriers CMA CGM, Hapag-Lloyd, MOL and OOCL issued general rate increases.
The deal would merge the world’s third largest and 12th largest container carriers, creating a combined company with 563 ships with capacity of about 2.4 million TEUs and annual revenues of $22 billion.
The deal would merge the world’s third largest and 12th largest container carriers, creating a combined company with 563 ships with capacity of about 2.4 million TEUs and annual revenues of $22 billion.
Norfolk Southern said in a statement it is better off sticking with its existing strategy, adding that it thinks a merger of that size would have faced slim odds of being approved by regulators.
Following the National Labor Relations Board ruling, ICTSI Oregon, operator of Portland’s sole container terminal, is calling on the International Longshore and Warehouse Union to get the facility back to full productivity.
Although rates from Shanghai to the Mediterranean rose 24.6 percent since last week, rates from Shanghai to Northwest Europe sank 50.4 percent.
The Organization of the Petroleum Exporting Countries met in Vienna, Austria Friday to discuss policy, and the group appeared unlikely to cut oil output levels, which could exacerbate global oversupply.
ZIM will join the CKYHE Alliance’s AWE1 and AWE8 services, while Hanjin will join the Israeli ocean carrier’s Z7S service later this month.
