A bill introduced in the U.S. House of Representatives would prevent the publication of safety scores for trucking and bus companies and revamp the Federal Motor Carrier Safety Administration’s CSA scoring system.
The savings to be gained from a container line getting more miles to the gallon are immense, as Singapore's NOL Group can attest with $1.2 billion in cuts, and half of that came from bunker and network savings at its APL liner division.
Shanghai may be the busiest container port in the world, but almost half the boxes that cross its wharves every year are first carried down the mighty Yangtze River from manufacturing hubs deep inland.
DFDS, one of Europe’s largest short sea-shipping and logistics operators, this week announced plans to close a second route in response to tougher environmental regulations that will sharply increase the cost of ships’ fuel from 2015.
Maersk Line CEO Soren Skou on Friday discussed the proposed “2M’ vessel-sharing agreement with China’s Ministry of Commerce, as the carrier works to avoid a repeat of the rejection that it received from Chinese regulators for its proposed P3 alliance in June.
BMW Group has opened a vehicle processing and distribution center to support a new five-year agreement that will increase the German automaker’s imports through the Port of Baltimore.
BNSF Railway is spending billions of dollars to double-track key segments of its northern tier route, purchase equipment and hire additional crew, but a company executive told grain shippers this week it could take two to three years for the investments to produce all of the results they are looking for.
Multiple container lines have planned general rate increases in numerous trade lanes in October, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Air cargo out of Asia is seeing its first peak season in five years, and better capacity management among cargo carriers is set to push up freight rates into the last quarter.
PierPass, the entity that runs the offpeak program at the ports of Los Angeles and Long Beach, said veteran transportation executive John Cushing will take over as president from Bruce Wargo, who led the organization since its inception in 2004 and who will remain CEO.
As container ships grow steadily larger due to carriers seeking greater economies of scale, ports find themselves struggling to cope with the burdens, being forced into huge investments for deepening and infrastructure that may or may not pay off, according to a senior Port of Long Beach official.
Global Ship Lease has agreed to acquire an 8,063-TEU container ship from a “leading” though unnamed container line for $55 million, according to the container ship charter company.
Ohio’s Port of Cleveland and Dutch breakbulk carrier Spliethoff Group have decided to add a second monthly vessel to the Cleveland-Europe Express, or CEE ― the only container and breakbulk service currently operating between Europe and a Great Lakes port.