Linda Morgan, former STB chairman, dies
Linda Morgan, a well-known Washington transportation attorney and former U.S. Surface Transportation Board chairman, died at the age of 64 on Nov. 4 after a long battle with breast cancer.
Linda Morgan, a well-known Washington transportation attorney and former U.S. Surface Transportation Board chairman, died at the age of 64 on Nov. 4 after a long battle with breast cancer.
The ocean carrier alliance announced a voyage cancellation plan for services between Asia and North Europe and the Mediterranean.
The Netherlands-based logistics provider posted a 27 percent year-over-year increase in EBITDA despite a 13.1 percent decline in revenues for the third quarter of 2015.
Wilmington, Del.-based vehicle processor AutoPort will lease 16 acres of Port Canaveral’s new auto terminal and commence operations at the Florida port in January.
The integrated logistics provider posted net profits of 13.7 million Kuwaiti Dinars on revenues of 335 million Kuwaiti Dinars for the third quarter of 2015.
A total of 15 foreign vessels called the Great Lakes port in October, which loaded a combined 260,000 metric tons of grain for direct shipment overseas.
Allianz Global Corporate & Specialty will offer rail and motor truck cargo, as well as warehouse and related property coverage throughout North America.
The four new Super Post-Panamax ship-to-shore cranes manufactured by Konecranes, which will operate at the Barbours Cut Container Terminal, will stand taller than any other marine cranes in North America.
Crowley appoints VPs to government services and global ship management, while essDOCS names new chairman.
Stock in both Canadian Pacific Railway Ltd. and Norfolk Southern Corp. shot up yesterday amid rumors the second-largest Class I railroad in Canada is mulling a potential takeover of NS.
There appears to have been some improvement in vessel waiting times, but the Panama Canal Authority announced on Sunday it will take additional steps in an attempt to to clear the backlog of ships at the Central American waterway.
The infrastructure arm of Brookfield Asset Management has acquired a near 15 percent share in Patrick Stevedoring parent Asciano Limited and still plans to make a majority takeover bid for the Australian transportation company.
Raymond P. Miles, who built up the containership operations of CP Ships during the late 1990s, died Nov. 6 at the age of 71 following a brief illness.
Allianz Group’s dedicated carrier for corporate and specialty insurance business, Allianz Global Corporate & Specialty, launched a dedicated transportation and logistics unit in North America today.
The U.S. exported 79,474 metric tons of beef in September, a 21 percent drop from September 2014, but pork export volumes rose 6 percent year-over-year to 172,012 metric tons.
The third-party logistics provider launched a new operation for the storage and distribution of dangerous goods at its site in Duisburg, Germany.
Neptune Orient Lines, parent of liner company APL, has confirmed it has entered into talks with CMA CGM and Maersk about a potential sale, while COSCO and China Shipping told FMC Commisioner William Doyle they are in the “beginning stages of a merger.”
Chinese carriers COSCO and China Shipping told the Federal Maritime Commission they are in the beginning stages of a merger, while Bloomberg reported CMA CGM has entered into talks to buy APL parent Neptune Orient Lines.
The Danish shipping conglomerate attributed the decline to lower freight rates at Maersk Line and lower oil prices for Maersk Oil, leading the company to downgrade its full-year profit projection for 2015.
The Panama Canal Authority is providing scant details on delays carriers are facing transiting the waterway, attributing them to increased vessel traffic and fog.