St. Lawrence Seaway shipments drop 12% YTD
A total of 22 million metric tons of cargo have been shipped through the St. Lawrence Seaway between its opening April 2 and Sept. 30, a year-over-year drop of 12 percent.
A total of 22 million metric tons of cargo have been shipped through the St. Lawrence Seaway between its opening April 2 and Sept. 30, a year-over-year drop of 12 percent.
The port handled less cargo in September than in August, the result of the depletion of stocks for some agricultural commodities that are typically shipped through the port, lower demand from international markets, and less demand for steel and pipe.
Industrial real estate developer Hillwood Properties started a multi-year project to extend two runways and taxiway at the north end of the Fort Worth Alliance Airport in northeast Texas.
The Chattanooga, Tenn.-based logistics solutions provider opened a 300,000-square-foot distribution center in Kalamazoo, Mich.
The international freight forwarding and supply chain management solutions provider opened a freight forwarding branch in Munich, which became fully operational today, and will open a branch in Nuremberg, which will become operational Oct. 30.
The Suddath Cos.’s CFO retires, while Mersey Maritime names new CEO.
The acquisition of Docdata’s order fulfillment, returns logistics and online payment services will complement Ingram Micro’s existing business.
Containers without a verified weight will not be loaded onto container vessels from July 1, 2016, according to the U.K. Freight Transport Association.
Wilhelmsen Ships Service warned shippers and carriers that counterfeit products for reefer containers could contain a “dangerously unstable cocktail of gases.”
The railway reiterated its full-year earnings per share guidance despite expectations that coal volumes could drop as much as 10 percent in 2015, leading to a $450 million impact on revenues.
Shipment volumes and expenditures both increased from the previous month as shippers prepared for the upcoming holiday season, but still lagged behind 2014 figures, according to the latest Cass Freight Index Report.
Annualized turnover rates at large truckload fleets grew, while turnover at smaller fleets fell to its lowest level since the third quarter of 2013, according to the most recent figures from the American Trucking Associations.
Grains and oilseeds will be loaded on vessels for transport to G3 facilities on the St. Lawrence River and then to around the world.
The VetOpps bill (H.R. 3739) will allow qualified Veterans Administration doctors to perform medical exams required by the Transportation Department to obtain a commercial driver’s licence.
The port’s container freight and liquid bulk volumes rose in the first nine months of 2015 compared to the same period in 2014, but breakbulk volumes dropped due to increasing containerization of fruit and a decline in conventional handling.
The Port of Rotterdam Authority and Kloosterboer are investing in Rotterdam Cool Port on the City Terminal site, which ceased operations at the beginning of the month.
The Northern European airport handled 39,533 tons of cargo for the month, an increase of 1.6 percent from September 2014.
The multipurpose Gulf Coast port signed a two-year agreement with the Central Ohio River Business Association to strengthen commerce between the two regions.
CEVA Logistics established an agreement with Fintyre, an Italian distributor of replacement tires, who will use the third-party logistics company’s TyreCity in Somaglia Italy to provide warehousing activities for its stock buffer products.
Chief U.S. District Court Judge Gregory K. Frizzel sentenced former chief executive James Douglas Pielsticker to serve seven and one-half years in prison and pay a fine of $21 million for conspiracy to defraud the United States, bank fraud and tax evasion.