The Federal Maritime Commission Wednesday voted to issue a request for additional information from terminal operators involved in a proposal to add a Saturday gate at the Port of Oakland as a measure to relieve congestion at the Northern California port.
The acquisition of three companies over the past year, the latest being Stagecoach Cartage in El Paso, gives Roadrunner Transportation Systems greater access to freight on both sides of the U.S.-Mexican border.
Panama Canal officials have said it will take one month to repair leaks discovered in locks for the Pacific side, but warned El Nino is a bigger threat to the canal’s operations.
NYK Line has joined rival container carriers in lifting a port congestion surcharge imposed earlier for all cargo discharged at Jawaharlal Nehru Port Trust, India’s biggest container gateway, citing an improvement in port operations.
Big retailers in the U.S. are dragging their Chinese suppliers back to the table to re-negotiate order contracts and take advantage of lower manufacturing costs following Beijing’s sharp devaluation of the yuan.
Maryland Gov. Larry Hogan has appointed two new members to the Maryland Port Commission, a group tasked with keeping the state’s rapidly growing Baltimore port competitive within international maritime trade.
CMA CGM announced a Sept. 20 general rate increase of $500 per 20-foot-equivalent unit encompassing all cargo originating in Asia and heading to North Europe.
While economists debate the growth and prospects of the BRIC nations of Brazil, Russia, India, and China, their global container trade volumes reflect many of the difficulties that have been the focus of headlines around the world.
A strong dollar and uncertain global macroeconomic outlook has led observers to forecast a 2.4 percent drop in U.S. exports this year, but the makeup of that decline is not uniform and some regions have even seen their number of U.S. exports increase.
NYK Line is looking to profit off India’s booming auto industry with the addition of a new roll-on, roll-off terminal in Pipavav in the state of Gujarat on the country’s northwest coast.
By snapping up the remaining shares of Van Dieren Sweden, multimodal logistics operator Samskip aims to strengthen its European intermodal rail links and gain business from shippers.
DP World said the commercial launch of its new facility in Jawaharlal Nehru Port Trust, named Nhava Sheva (India) Gateway Terminal, helped the country’s biggest container handler tackle the turmoil brought on by labor and other disruptions.
C.H. Robinson Worldwide has appointed Jeroen Eljsink, an executive with extensive experience in European logistics, as the head of its European operations.