Maritime

Chris Gillis Friday, August 3, 2012

Congress passes textile trade provisions

   Both the U.S. House and Senate on Thursday passed legislation to a extend key provision in the African Growth and Opportunity Act enacted by President Clinton in 2000.    The provision, which was set to expire on Sept. 30, waives any duties on clothing imports from most AGOA countries, even if the yarn is […]

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Chris Dupin Thursday, August 2, 2012

MarAd denies Title XI guarantee to APT

   The U.S. Maritime Administration has denied an application by American Petroleum Tankers (APT) for a Title XI loan guarantee for five 49,000-deadweight-ton petroleum tankers that were built at the General Dynamics NASSCO shipyard in San Diego between 2006 and 2010 for the U.S. coastal trade.    A letter from Maritime Administrator David Matsuda dated […]

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FreightWaves Staff Thursday, August 2, 2012

German lines slow joint Mideast loop

   The ocean carriers Hapag-Lloyd and Hamburg Sud have added an eighth vessel to their weekly Europe-to-Middle East and Indian Subcontinent IOS service and increased roundtrip voyage time from 49 days to 56 days.     Although roundtrip voyage time on the IOS has increased by seven days, transit times between Europe and the Middle East […]

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Chris Dupin Thursday, August 2, 2012

Senators urge ILWU clerks, employers to reach deal

   The two U.S. senators from California, Barbara Boxer and Dianne Feinstein, are urging clerical workers for shipping companies and their employers to work toward resolving their differences and reach a contract.    Negotiators for International Longshore and Warehouse Union, Marine Clerks Association Local 63 Office Clerical Unit (OCU), and the Los Angeles/Long Beach Harbor […]

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Chris Gillis Thursday, August 2, 2012

USDA helps release ag shipments overseas

   The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service said it has with assistance from federal, international and industry partners successfully released 209 shipments of American products valued at more than $39 million in 2012.     The goods had been detained at foreign ports of entry pending resolution of various animal and plant health questions.    […]

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Chris Gillis Thursday, August 2, 2012

U.S. industry welcomes ‘Cairo Declaration’

   The U.S.-Libya Business Association (USLBA) on Wednesday welcomed the “Cairo Declaration” announced by the foreign ministers of Libya, Tunisia and Egypt.    The declaration strives for the three countries to create a free-travel zone, allowing citizens and tourists to move freely between the three countries.    “If implemented, visa-free travel among citizens and tourists […]

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Chris Gillis Thursday, August 2, 2012

ITC: Dominican apparel not benefiting from U.S. trade program

   The U.S. International Trade Commission said three years after its implementation, the Earned Import Allowance Program (EIAP) is not providing enough incentives to help boost the competitiveness of Dominican apparel exports in the U.S. market.    The nonpartisan, fact-finding agency reached its conclusion in the recently released report (https://www.usitc.gov/publications/332/pub4340.pdf) “Earned Import Allowance Program: Evaluation […]

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Chris Dupin Wednesday, August 1, 2012

MSC raises Asia-to-U.S. container rates

   Liner carrier Mediterranean Shipping Co. said it’s raising rates on cargo moving from Asia/Southeast Asia countries to the United States, including Puerto Rico.    The general rate increases, effective Sept. 1, are as follows: To U.S. West Coast ports and Puerto Rico, $400 per 20-foot container, $500 per 40-foot container, and $550 per 40-foot high-cube […]

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Chris Dupin Wednesday, August 1, 2012

Con-way reports higher 2Q profit

   Con-way Inc. said it had 2012 second-quarter profit of $41.8 million, compared to $29.4 million in the same period last year.    Revenue for the 2012 second quarter (after intersegment eliminations) was $1.45 billion, a 7.2 percent increase from last year’s second-quarter revenue of $1.35 billion.    The company said Con-way Freight, its less-than-truckload […]

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Chris Dupin Wednesday, August 1, 2012

Port of NY/NJ sees growth in container rail traffic

   The Port Authority of New York and New Jersey said the ExpressRail system that serves its marine terminals handled 228,298 containers in the first six months of the year, 10 percent more than in the first half of 2011.    Rail volume grew much more quickly than container volume at the port which was 1,583,709 containers […]

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Chris Dupin Wednesday, August 1, 2012

Tropical Shipping reports operating loss, volumes up

   Tropical Shipping, which primarily transports containerized freight to the Bahamas and the Caribbean, moved 40,000 TEUs in the second quarter ending June 30, up from 36,500 TEUs in the same period last year.    Volumes were reported by AGL, an Atlanta-based natural gas utility which acquired Tropical in December as part of its purchase of the Illinois […]

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Chris Gillis Wednesday, August 1, 2012

AMI centralizes Spot Rates department

   The U.S. arm of AMI, a large air freight and express space wholesaler, has centralized its Spot Rates department at its U.S. headquarters in Dallas.    The action replaces separate, smaller operations in its other offices in New York, Chicago, Los Angeles and Atlanta.    The new department has four full-time staff, headed by […]

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Chris Gillis Wednesday, August 1, 2012

Trailer Leasing Alliance starts operations

   Trailer Leasing Alliance (TLA), based in Wayne, Pa., has started full-service trailer leasing operations with 16,000 late model 53-foot trailers.    These trailers were recently acquired by US Trailer Holdings.    TLA is the newly formed joint venture owned by Milestone Trailer Leasing of Tiburon, Calif., and Bowman Sales and Equipment in Hagerstown, Md. […]

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