A U.S. District Court granted summary judgment in favor of a truck rental company that said it should not be part of a cargo damage lawsuit. (Maass Flange Corp., USA v. All–State Hot Shot LLC, et al. M.D. Louisiana. No. 12–727. June 3.) Maass contracted with All-State to haul two forklifts from Mississippi […]
The 13 container liner companies in the Transpacific Stabilization Agreement’s (TSA) Westbound section plan to raise freight rates on all commodities and from all U.S. origin points by at least $100 per 40-foot container (FEU) by no later than Oct. 1. After months of “uneven demand and gradually eroding freight rates in the U.S.-Asia […]
Hamburg Süd christened a new containership in the United States for the first time over the weekend. The ceremony to name the 3,800-TEU Cap Corrientes was held on Aug. 23 in the Port of San Francisco. The ship’s sponsor is Ofelia Gallo, wife of Joseph E. Gallo, president and chief executive officer of the E&J […]
The big four global container terminal operators remain PSA International, Hutchison Ports, APM Terminals and DP World, but with varying levels of activity according to Drewry’s Annual Review of Global Container Terminals Operators. The four have about 26 percent of global throughput. The London-based consultants said “DP World and APM Terminals are highly […]
French liner carrier CMA CGM said it will raise rates from Europe to Latin America by 200 euros per TEU on both dry and refrigerated boxes, effective Oct. 1. The increase applies to containers destineed to South America’s north, east and west coasts, as well as Central America and Caribbean.
Cincinnati-based freight transportation broker Total Quality Logistics (TQL) has opened a new sales office in Houston. The Houston location will start with 13 employees, but TQL expects to expand that headcount to about 50 over the next three years. This is the company’s second office in Texas and 19th nationwide. TQL started operations in […]
Since the death of its founder, John “Jock” Menzies, on Aug. 17, the board and staff of the American Logistics Aid Network have vowed to continue efforts to guide and coordinate logistics services for disaster relief.
U.S. steel imports increased 0.6 percent in July compared to June, according to preliminary data released by the federal government and analyzed by the American Institute for International Steel (AIIS). “Steel imports in July inched up by less than 1 percent as shipments from some non-NAFTA sources strengthened while NAFTA imports dropped, especially […]
The recently-approved contract between employers and the ILA encouraged retirement of some older longshoremen with a buyout package, and 300 longshoremen will retire in the Port of New York and New Jersey by next April.
Seago Line, A.P. Moller – Maersk’s intra-European and Mediterranean carrier, said it will stop accepting cargo to and from Iceland on Oct. 1. “These changes follow an extensive review of the commercial and financial viability of our existing service offerings,” the company said. It said bookings that have already been made, as […]
The U.S. Export-Import Bank has authorized a $105.4 million loan to Space Communication Ltd. of Ramat Gan, Israel, to finance the Space Exploration Technologies (SpaceX) launch of the Amos-6 communications satellite, the purchase of American made-solar arrays, and insurance brokered by Marsh USA. The transaction is Ex-Im Bank’s third related to a SpaceX launch, and […]
The Shanghai Container Freight Index fell 33.33 points to 1083.99 last Friday. The index, which measures spot rates from Shanghai to different parts of the world, was down on major trade lands to Europe and the United States. “Despite recent spikes upwards courtesy of the GRI (general rate increase) program, it seems this […]
Richard H. “Dick” Suddath, founder of the Jacksonville, Fla.-based Suddath Cos., died Saturday morning. He was 94. “Many of you knew him in his more vibrant years, yet even in his early nineties his personality was easily recognized. With his passing, we mourn the loss of a visionary, great friend, leader, mentor and community […]
A new study says that increasing the depth of the shipping channels in the lower Mississippi River to 50 feet could create thousands of new jobs and billions of dollars in additional U.S. exports. The study, The Economic Impact of Deepening the Mississippi River to 50 Feet, was done by Tim Ryan, a […]
To address public health concerns, the Trans-Pacific Partnership has proposed a regulation for trade in tobacco. “This proposal will, for the first time in a trade agreement, address specifically the public health issues surrounding tobacco — preserving the ability of the United States and other TPP countries to regulate tobacco and to apply […]
The Federal Maritime Commission said that on July 25 it revoked the ocean transportation intermediary license of Transporte Medrano, Inc., doing business as Medrano Express. “Medrano Express is no longer authorized to provide ocean transportation services. Consumers and businesses should not tender cargo to Medrano Express or its agents for the international shipment […]
The Israeli carrier said this week it has launched a new service between Miami, Santo Tomas de Castilla in Guatemala and Puerto Cortes in Honduras, joining other carriers, including Evergreen and Hapag-Lloyd.
Swire Shipping said it will begin offering service to both the east and west coast of South America through partnership arrangements with CCNI. “Inward and outward shipments to/from South America will be transshipped via Los Angeles or Asia to provide the fastest transit times to our customers with both hubs offering weekly connections […]
The new DFW Connector, which is tied to the large Dallas/Fort Worth International Airport complex, officially opened for service Wednesday. The roadwork was part of a $1 billion project designed to help drivers navigate better and avoid congestion as they travel to and around the Texas airport. The DFW Connector received $260 million from […]
The first four of 16 new gates that are being built for the Panama Canal arrived this week aboard the semi-submersible vessel STX Sun Rise. “This is an exciting moment for the Panama Canal – the arrival of the new gates marks a great progress for this engineering project,” Panama Canal Administrator Jorge […]
