The U.S. International Trade Commission said domestic manufacturers are unfairly harmed by subsidized exports of large residential washers made in South Korea and similarly from imports of these products from both South Korea and Mexico which are dumped on the U.S. market. All six ITC commissioners voted in the affirmative. As a […]
The port director of the Tampa Port Authority said robust growth in Latin America presents potentially significant opportunities to ports at the intersection of major East-West and North-South trade lanes.
The Panama Canal Authority will move ahead with plans to build a large terminal in Corozal, close to the new set of Pacific locks being built as part of the canal expansion. Rodolfo Sabonge, executive vice president of planning and business development at the Panama Canal Authority (ACP), said the new terminal would be […]
Liberty Maritime Corp. on Wednesday filed a lawsuit in the U.S. District Court for the Eastern District District of New York accusing the Maritime Administration and U.S. Department of Transportation with improperly administering the Maritime Security Program (MSP), one of the chief programs to support the U.S. Merchant Marine. “MarAd has failed in its responsibility […]
Seaspan has signed contracts for the construction of four 10,000-TEU class vessels that will be chartered to the Japanese liner carrier. The ships, to be built in China, are scheduled for delivery in 2014.
The Lake Carriers’ Association said it will continue to focus its lobbying efforts on Great Lakes dredging needs in 2013. LCA’s 2012 Annual Report, released Wednesday, said inadequate dredging took a big toll on Great Lakes shipping in 2012. “The drought has pushed water levels on Lake Michigan and Huron to record lows,” […]
Cargo security firm Freightwatch International said a suspect hijacked a last-mile courier load of pharmaceutical products at gunpoint outside of a pharmacy in Detroit on Monday morning. The load was being monitored by a FreightWatch covert GPS tracking device as well as an on-person panic device that was with the driver. During the hijacking, […]
A German shipping fund plans to auction 14 containerships because of an inability to charter them profitably. MPC Offen Flote, a fund organized by MPC Capital, bought the ships for $630 million five years ago, but charter rates have dropped so much that the fund is losing $56 million annually, according to Reuters. […]
The Port Authority of New York and New Jersey is asking the U.S. Commerce Department to fund operation and maintenance (O&M) of a system that measures tides and currents this year and include funding in future budgets. Foye Patrick Foye, the authority’s executive director, said in a letter to Commerce Acting Secretary Rebecca Blank […]
DHX – Dependable Hawaiian Express, an ocean freight consolidator in the West Coast Jones Act trades, said it launched a door-to-door rate application that calculates combined transportation costs for LTL (less-than-truckload) and LCL (less-than-containerload) shipments for any continental U.S. origin to Hawaii and Guam destinations. DHX said users receive a door-to-door quote based […]
Total tonnage for all commodities moving across Port of Redwood City’s docks during the first half of fiscal year 2012-13 was 666,543 metric tons, an increase of 9 percent over the previous fiscal year. Imported sand and aggregates through the northern California port from British Columbia accounted for 444,060 metric tons, or about […]
The Dredging Contractors of America said it endorses the Hurricane Sandy supplemental bill and urged the Senate to approve the legislation. The House passed the same bill last week. “The Hurricane Sandy Supplemental legislation provides much-needed assistance for North Atlantic communities devastated by the storm,” the trade group said. “The U.S. dredging […]
For many companies, international transportation management has long been an isolated process — where products are shipped to, or received from, far-flung places overseas. Each successful transportation manager has his or her ways of ensuring the most efficient movement for their company’s freight across the globe through a blend of know-how, mostly rudimentary […]
The 2nd Circuit Court of Appeals affirmed a district court decision that found a vessel liable in rem for damage to pipe that was shipped in 2006 from China to the United States (MAN Ferrostaal, Inc. v. M/V Akili. 2nd Circuit. 11-0486-cv(L). Dec. 6.) A friend of the court brief filed by the […]
If combined Hapag-Lloyd, Hamburg Süd would be fourth largest container carrier. By Chris Dupin The two leading German liner carriers, Hapag-Lloyd and Hamburg Süd, said in December they’re discussing a possible merger that could create the fourth largest container shipping company in the world. Combined, their fleet would have capacity of more than 1 […]
While precautions having to do with the production of animal byproducts used in feed have increased and trade become more restrictive in recent years because of concerns about “mad cow disease,” or bovine spongiform encephalopathy (BSE), it’s still a big business. The National Renderers Association (NRA) said in 2010, rendering companies produced more than […]
The railroad said the 200-acre terminal near Greencastle, Pa., built at a cost of $97 million terminal, will connect Central Pennsylvania, Western Maryland, and Northern Virginia to domestic and world markets.
CSX said it will make improvements on its River Line between northern New Jersey and the Albany, N.Y. region. The railroad said the $26 million project, with plans for additional River Line capacity expansion in future years, will enable CSX to handle more trains and support the growth of crude oil moving by […]
CMA CGM said it would implement a peak season surcharge, effective Jan. 28, in advance of Chinese New Year on Feb. 10. The company said volumes from China boomed ahead of the factories shutting down. The French liner carrier said the peak and associated surcharge should last to the end of February. It added […]
Adoption of index-linked contracts for container freight is growing, says Martin Dixon, research manager for freight rate benchmarking at London-based Drewry Supply Chain Advisors. He believes “it is quite conceivable that by 2020 most container shipping contracts will be index-linked.” That’s a bold prediction. Last May, the U.S. Federal Maritime Commission found […]
