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Sri Lanka Hands $1 Billion Port to China

12.13.17

Sri Lanka Hands $1 Billion…

Sri Lanka has officially handed over…

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Congestion leads Maersk to cut Shanghai and Chiwan calls

12.13.17

Congestion leads Maersk to…

 Maersk Line has announced that it will…

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FMCSA to grant 90-day exemption from ELD mandate for short-term rental trucks

12.13.17

FMCSA to grant 90-day exemption…

 The Federal Motor Carrier Safety Administration has…

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Indonesia seeks control of aluminum supply chain

12.13.17

Indonesia seeks control of…

Employees at Indonesia Asahan Aluminium,…

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December 2017 Industry News
12.13.17 - Vibrant Holiday Sales Spur Late-Season Surge in Imports

Stronger-than-expected holiday sales have spurred a… link to full story

12.13.17 - Indonesia seeks control of aluminum supply chain

Employees at Indonesia Asahan Aluminium, the country's… link to full story

12.13.17 - FMCSA to grant 90-day exemption from ELD mandate for short-term rental trucks

 The Federal Motor Carrier Safety Administration has… link to full story

12.13.17 - Congestion leads Maersk to cut Shanghai and Chiwan calls

 Maersk Line has announced that it will temporarily… link to full story

12.13.17 - Sri Lanka Hands $1 Billion Port to China

Sri Lanka has officially handed over its main port… link to full story

12.12.17 - More imported cars arrive at Port of Virginia in November

The number of 20-foot-equivalent units traveling in… link to full story

12.12.17 - Khalifa to Handle World’s Largest Vessels

 As part of the agreement, Abu Dhabi Ports will be… link to full story

12.12.17 - A Caution From the World’s Biggest Shipping Line

 The world’s largest container shipping line says international… link to full story

12.12.17 - California looks at dumping gas tax for per-mile fee as cars use less fuel

 Weeks into a new gas tax hike, California transportation… link to full story

12.12.17 - U.S. Manufacturing Technology Orders At Full Steam Ahead For October

 Orders for manufacturing technology kept their momentum… link to full story

12.12.17 - Japan and EU reach free trade deal

Tokyo and Brussels have agreed a free trade accord,… link to full story

12.12.17 - Samsung Heavy names new CEO after forecasting losses

South Korea’s Samsung Heavy Industries (010140.KS)… link to full story

12.12.17 - Dockworkers Walk Out of Labor Talks

Labor negotiations between employers and unionized… link to full story

12.11.17 - 74 vessels cross Suez Canal in 24 hours

The Suez Canal recorded on Saturday the highest number… link to full story

12.11.17 - Oil prices climb for the session, post a loss for the week

Oil ended higher on Friday, with tensions in the Middle… link to full story

12.11.17 - China exports growth hits 8-month high, imports defy pollution curbs

China’s exports and imports unexpectedly accelerated… link to full story

12.11.17 - U.S. Consumer Sentiment Fell Again in December

A key measure of U.S. consumer sentiment slid in December… link to full story

12.11.17 - U.S. beef, pork exports heat up in October

U.S. beef and pork exports in October increased in… link to full story

12.11.17 - NRF: Container imports at major U.S. ports hold strong in October

 Imports at the nation’s major retail container ports… link to full story

12.11.17 - Customs to test launch electronic payment system for commercial vessel fees

An 18-month pilot test of the electronic payment of… link to full story

12.11.17 - Port of Oakland expects record cargo volumes for 2017

Record cargo volumes are expected at the Port of Oakland… link to full story

12.11.17 - Record high prices for softwood lumber in North America in the 3Q/17

Global Lumber Trade Demand for imported softwood lumber… link to full story

12.11.17 - Survey reveals nearly half of trucking professionals unprepared for upcoming ELD deadline

The Federal Motor Carrier Safety Administration (FMCSA)… link to full story

12.06.17 - Airline Earnings to Jump 11% as Fares Rise and Cargo Rebounds

Global airline earnings this year will top previous… link to full story

12.06.17 - Investment in JFK air freight infrastructure seeks to revitalise New York gateway

New York’s JFK Airport is poised for a $132m investment… link to full story

12.06.17 - Developer Plans 300,000 SF Industrial Facility Near Wilmington Port

Jacksonville, Florida-based industrial and office developer… link to full story

12.06.17 - Da Nang Port Nears Finish Line For Container Berths

Construction on the Tien Sa phase II expansion project… link to full story

12.06.17 - China Launches World’s First All-Electric Cargo Ship, Will Use It To Haul Coal

China has launched the first all-electric cargo ship.… link to full story

12.06.17 - U.S. fuel distributors rushing to Mexico's newly free market

From oil majors to tradingcompanies to pipeline operators,… link to full story

12.06.17 - Global Cotton Production to Increase in 2017-18 Season After Two-Year Drop-off

The planting area for growing cotton around the world… link to full story

12.06.17 - Transpacific Westbound Market Update - December 2017

Transpacific Westbound Market Update December 2017   To… link to full story

12.06.17 - U.S. hits Vietnam with massive duties over Chinese steel

The U.S. is slapping heavy taxes on steel imports from… link to full story

12.05.17 - China Likely to Overtake U.S. as Largest Importer Within 5 Years

 From iron ore to baby formula, electronic parts to… link to full story

12.05.17 - Electronic Logging Devices (ELD's) for US domestic truckers

Electronic Logging Devices (ELD's) for US domestic… link to full story

12.04.17 - October confirms its reputation with record air cargo volumes

 The latest worldwide air cargo figures - as reported… link to full story

12.04.17 - Ukrainian Shipper Varamar Plans to Accept Bitcoin Payments

 A Ukrainian shipping company will start accepting… link to full story

12.04.17 - Manufacturing Expands at Slower Rate in November

 A gauge of U.S. manufacturing activity cooled modestly… link to full story

12.04.17 - October gets fourth quarter off to a strong start, says IATA

 The fourth quarter of 2017 has got off to a strong… link to full story

12.04.17 - "We have a serious problem if utilization stays like this"

Together with Maersk Line CEO Søren Skou, Morten Engelstoft,… link to full story

12.04.17 - Port of Oakland aims to increase U.S. meat exports with new intermodal facility

  The Port of Oakland is already somewhat unique in… link to full story

12.04.17 - Transpacific Eastbound Market Update 12.04.2017

Transpacific Eastbound Market Update December 4, 2017… link to full story

12.01.17 - E-Commerce Boosts U.S. Shipping Networks

Resurgent demand in the long-stagnant industrial sector… link to full story

12.01.17 - Maersk Line completes Hamburg Süd acquisition

Maersk Line has obtained the final regulatory approval… link to full story

12.01.17 - Footwear a Growth Leader for Cambodia’s Exports, as Economy Expands

 Increased exports of footwear, electrical machinery,… link to full story

12.01.17 - FMC proposes rule to ease NSA, NRA burdens

 The U.S. Federal Maritime Commission has issued a… link to full story

November 2017 Industry News
11.29.17 - U.S. consumer confidence near 17-year high; goods trade deficit widens

 U.S consumer confidence surged to a near 17-year high… link to full story

11.29.17 - New Neo-Panamax cranes arrive at the Port of Savannah

Four Neo-Panamax cranes sailed into the Port of Savannah… link to full story

11.29.17 - U.S. Sets China Aluminum Probe as It Presses on Trade

The Trump administration took new action Tuesday in… link to full story

11.28.17 - CBP ag specialists the front line against invasive pests

The world is full of hungry pests and noxious weeds… link to full story

11.28.17 - FMCSA issues temporary ELD waiver for agricultural transporters

The U.S. Department of Transportation’s Federal Motor… link to full story

11.28.17 - USDOT: Major challenges for 2018 include cybersecurity, highway and rail safety

The U.S. Department of Transportation (USDOT) says… link to full story

11.28.17 - Seeking to break the age-old cycle of container overbooking, no-shows

  Carrier overbooking and shipper no-shows is a story… link to full story

11.27.17 - Good times may be over for overseas shopping agents as China cuts import tariffs

As China unleashed a new round of import tariff cuts… link to full story

11.27.17 - Japanese companies' capital spending plans jump 15.8%

Major Japanese companies sharply upgraded their plans… link to full story

11.27.17 - Natural Disasters Hinder Mexico's Economic Growth This Year

The natural disasters that struck Mexico last August… link to full story

11.21.17 - Hong Kong cargo ship likely breached Japan's N. Korea sanctions

A Hong Kong-flagged cargo vessel that recently made… link to full story

11.20.17 - Port of Houston Sets $275 Million Budget to Fund Projects

Port Houston has projected that it will reach 2.4 million… link to full story

11.20.17 - Ports Press Congress to Keep Tax Advantages for Private Activity Bonds

  Seaports and construction companies are pressing… link to full story

11.20.17 - U.S. ag exports reach $140.5b in FY 2017

 Agricultural exports from the United States totaled… link to full story

11.20.17 - Summer Hurricanes Affecting Missouri's Log Trucking Industry

 After a summer full of hurricanes, the aftermath of… link to full story

11.20.17 - WTO forecasts 'moderate' trade growth at year’s end

 While trade volumes are expected to continue increasing… link to full story

11.20.17 - Port of Long Beach receives $2.4m pollution reduction grant

The Port of Long Beach has been awarded a $2.4 million… link to full story

11.17.17 - Multinationals grapple with Republican excise tax surprise

The Republican tax bill unveiled last week in the U.S.… link to full story

11.17.17 - JAXPORT to gain new auto processing terminal

The Port of Jacksonville in northern Florida is set… link to full story

11.16.17 - October imports turn in strong performance, reports Panjiva

The ongoing trend of very positive momentum for United… link to full story

11.16.17 - Port of Los Angeles box volumes slip in October

Last month was the third-best October in Port of Los… link to full story

11.16.17 - Port of Long Beach awards $440,000 to community groups

To raise awareness about maritime trade and promote… link to full story

11.16.17 - Houston Port Commission approves 2018 Budget

The Fiscal Year 2018 Operating and Capital Budget was… link to full story

11.16.17 - Hapag-Lloyd: Chilean Port Union Stevedores’ Strike

Hapag-Lloyd announced that the ports of San Vicente,… link to full story

11.16.17 - Port of Virginias October volumes break all-time record

The Port of Virginia® moved 265,490 twenty-foot equivalent… link to full story

11.16.17 - California gas tax increase is now law. What it costs you and what it fixes

Now that Gov. Jerry Brown has signed into law billions… link to full story

11.16.17 - Forwarders and shippers caught in the updraught of an air cargo 'perfect storm'

Forwarders and shippers are “feeling the pain” of a… link to full story

11.16.17 - Europe Is Falling Behind Russia in the Global Wheat Market

The world’s top shipper is proving a fierce competitor… link to full story

11.08.17 - U.S. department stores tap brakes on stocking for holiday season

This holiday season, retailers are making a list, checking… link to full story

11.08.17 - Georgia Ports leaders seek more federal funds for Savannah River dredging

Georgia Ports Authority officials plan to hit Capitol… link to full story

11.08.17 - With little fanfare, Port of Oakland addresses “Clean Air” issue

While San Pedro Bay megaports were making headlines… link to full story

11.08.17 - Various CBP User Fees scheduled to increase 01/01/2018

Minimum Merchandise Processing Fee (MPF): Currently… link to full story

11.07.17 - Digital Disruption Will Cause Waves in Container Shipping

The Digital Age–new technologies, big data and the… link to full story

11.07.17 - Chinese ban on Australian beef is lifted after only three months

A Chinese ban on Australian beef exports has been lifted,… link to full story

11.02.17 - U.S. Hospitals Wrestle With Shortages of Drug Supplies Made in Puerto Rico

One of the workhorses of Clarke County Hospital, a… link to full story

11.02.17 - WH Group's Smithfield establishes strategic partnership with Chinese e-commerce company

WH Group Limited, the world’s largest pork company,… link to full story

11.02.17 - U.S. GDP grows 3% in Q3 2017

Real gross domestic product (GDP) increased at an annual… link to full story

11.02.17 - SC Ports announces Supply Chain Authority Service

Amid discussions of the world container shipping industry… link to full story

11.02.17 - SC Ports board approves $69.5 million crane purchase

The South Carolina Ports Authority Board of Directors… link to full story

11.02.17 - Port of Le Havre inaugurates a new sugar silo

 Port of Le Havre inaugurate today a new sugar silo.… link to full story

11.02.17 - City, Port of Oakland work with neighbors to get trucks on track

City and Port of Oakland officials are meeting with… link to full story

October 2017 Industry News
10.26.17 - New partnership with shipping port could lead to thousands of jobs in the Valley

A union between North Valley leaders and Southern California… link to full story

10.25.17 - DP World Sees 14% Q3 Container Surge

On a nine-month basis, gross container volumes grew… link to full story

10.25.17 - Record-setting cargo moved through Jacksonville Port Authority terminals

Aided by a rising economic tide, the Jacksonville Port… link to full story

10.25.17 - No U.S. antitrust violations found in proposed COSCO-OOIL merger

 U.S. government regulators have found no antitrust… link to full story

10.25.17 - Ports of Long Beach and Los Angeles “Clean Air Action Plan” Nears Adoption

Prior to the November 2nd meeting to consider adoption… link to full story

10.25.17 - Port Houston continues to grow

 September container activity at Port Houston’s Barbours… link to full story

10.23.17 - There’s So Much Pain in Agriculture That Traders Are Leaving

The success of modern farmers has become the misery… link to full story

10.23.17 - China’s tariffs on caprolactam carry on

China's Ministry of Commerce said Saturday that it… link to full story

10.23.17 - Port of Brunswick aiming for 1.4m car handling capacity

The Port of Brunswick – the second largest roll-on/roll-off… link to full story

10.18.17 - Hong Kong sees soaring cargo growth in September

Hong Kong International Airport (HKIA) handled 430,000… link to full story

10.18.17 - China delivers first ultra-abyssal underwater support vessel to foreign company

A Chinese firm delivered an ultra-abyssal underwater… link to full story

10.18.17 - Port of Charleston back on record-breaking track in September

After missing the mark in August, the State Ports Authority… link to full story

10.17.17 - Hurricane Harvey Causes Loss of Half of US Production of Key Chemical Copolymers

 In late August, Hurricane Harvey’s flooding rains… link to full story

10.17.17 - Georgia to build third inland port in state's Northeast region

 The Georgia Ports Authority (GPA), which operates… link to full story

10.17.17 - Contanda to build automated terminal on Houston Ship Channel

 The Port of Houston Authority and Contanda Terminals… link to full story

10.17.17 - Qingdao Port Looks to Raise $1.28bn from Shanghai IPO

Qingdao Port is looking to raise RMB8.48bn ($1.28bn)… link to full story

10.16.17 - Qatar Airways commences freighter service to Pittsburgh

The first Boeing 777 freighter of Qatar Airways Cargo’s… link to full story

10.16.17 - Shortage of Drivers May Weigh on Earnings of Trucking Companies

Trucking companies are convincing shippers to pay more… link to full story

10.14.17 - Dry van spot rates hit near three-year high, DAT says

The average non-contract, or "spot," market rate for… link to full story

10.14.17 - GPA announces sweeping port-wide infrastructure developments

 Georgia Ports Authority (GPA) Executive Director Griff… link to full story

10.14.17 - Port of Los Angeles grows monthly, quarterly TEU volumes

More than 763,00 TEUs moved through the Port of Los… link to full story

10.14.17 - Issuance of Penalties as a Consequence of Wood Packaging Material Violations

TRADE NOTICEIssuance of Penalties as a Consequence… link to full story

10.12.17 - Optimism grows for significant freight rate increases

 Trucking industry reports indicate capacity continues… link to full story

10.12.17 - Cosco Shipping Expects To Return To Profit In January-September Period

 Cosco Shipping Holdings said it expects to return… link to full story

10.12.17 - NRF: Container imports at major U.S. ports set another record in August

 Major retail container ports across the United States… link to full story

10.12.17 - Report: Barge rates skyrocket amid Ohio, Mississippi river closures

Spot rates for barges are skyrocketing as portions… link to full story

10.12.17 - Port of Long Beach sets record for September

Caps off best quarter ever with 2.1 million cargo containers… link to full story

10.12.17 - Metals Scandal Forged Over a Decade Rocks Japan Inc. to Core

 The industrial scandal engulfing Kobe Steel Ltd. began… link to full story

10.10.17 - Boatloads of bananas and pineapples are idling in the Gulf because of Nate

Boatloads of bananas and pineapples are idling in the… link to full story

10.10.17 - Bulk Terminal Market to Gain Over 40% Growth by 2023

Stratistics MRC, a market intelligence company, stated… link to full story

10.10.17 - Cargo fire creates dramatic scene at Hong Kong airport

Cargo equipment burst into flames near an American… link to full story

10.10.17 - Metals Scandal Forged Over a Decade Rocks Japan Inc. to Core

The industrial scandal engulfing Kobe Steel Ltd. began… link to full story

10.10.17 - Crowley delivers around-the-clock response to Hurricane Maria in Puerto Rico

 With employees working around the clock and its vessels… link to full story

10.05.17 - IATA hopeful on cargo yields as demand continues to soar

IATA is hopeful that cargo yields could be set to improve… link to full story

10.05.17 - Port of NY/NJ benefits from the past, looks forward to the future

The raising of the Bayonne Bridge at the port of New… link to full story

10.05.17 - World Direct Shipping to double Port Manatee service

Ocean carrier World Direct Shipping is doubling its… link to full story

10.05.17 - WTO raises 2017 growth forecast as global trade accelerates

The World Trade Organization (WTO) has upgraded its… link to full story

10.05.17 - Report: Insured losses from Hurricane Maria in the Caribbean could reach $85b

 Industry insured losses for Hurricane Maria in the… link to full story

10.02.17 - Generalized System of Preferences (GSP) Due to Expire December 31, 2017

Barring Congressional action, the Generalized System… link to full story

September 2017 Industry News
09.28.17 - Strong August for Furniture and Home Furnishing Stores

Strong August for Furniture and Home Furnishing Stores According… link to full story

09.28.17 - Baxter Says Saline Shipments Disrupted in Hurricane-Wracked Puerto Rico

Drug and hospital-product manufacturer Baxter International Inc. says… link to full story

09.28.17 - China postpones food import controls after global outcry

China has delayed enforcing sweeping new controls on… link to full story

09.28.17 - Talk of State shipyard merger buoys shares

Shares in CSSC Science & Technology Co jumped by almost… link to full story

09.28.17 - Transpacific Westbound Market Update

Transpacific Westbound Market Update September 26,… link to full story

09.28.17 - ACE Transaction Details

As the platform that enables the United States’ Single… link to full story

09.25.17 - Indiana signs purchase deal on possible Ohio River port site

State officials say they've reached a purchase agreement… link to full story

09.22.17 - Puerto Rico After Maria: No Power, No Cell Signal, and Lots of Damage

 Puerto Rico is emerging crippled after the most powerful… link to full story

09.22.17 - Harvey damages keep Port from operating without restrictions

 The Port of Corpus Christi may look like it is fully… link to full story

09.22.17 - Port of Virginia aims to have channels deeper and wider than the Port of Los Angeles

 Deeper, wider, safer. Or wider, deeper, safer. Either… link to full story

09.22.17 - August U.S. waterborne shipments meet expectations, reports Panjiva

Heading into August, analyst at global trade intelligence… link to full story

09.22.17 - Port of Virginia begins double-stack rail service to Pittsburgh

The Port of Virginia is now offering access into Western… link to full story

09.21.17 - Maersk, COSCO divert cargo due to congestion at Prince Rupert

Port congestion at Prince Rupert has led to the diversion… link to full story

09.21.17 - Hurricane Maria Slams Into Puerto Rico

Hurricane Maria slammed into Puerto Rico, pounding… link to full story

09.21.17 - Rare-earth prices surge on higher demand, supply constraints

The prices of rare-earth metals used in motors for… link to full story

09.19.17 - Beijing starts banning American recyclable scrap imports

BEIJING has notified the World Trade Organisation that… link to full story

09.19.17 - U.S. chipping potatoes returning to Japan after 11-year halt

Japan is expanding market access for U.S. chipping potatoes,… link to full story

09.19.17 - Driver turnover rate swelled in second quarter

The driver turnover rate at large truckload fleets… link to full story

09.19.17 - Hurricane Irma causes glitch in floral pipeline

Saying it with flowers may become more expensive as… link to full story

09.19.17 - Breathing room for U.S.-Canada softwood lumber talks

The Commerce Department has postponed its final determinations… link to full story

09.19.17 - USCG establishes regulated navigation area for vessels in Florida Keys

The U.S. Coast Guard (USCG) over the weekend established… link to full story

09.18.17 - August trade heats up in Brunswick, Savannah

Vessel operations at the Port of Brunswick resumed… link to full story

09.18.17 - Port of LA ready for next generation of container ships

The Port of Los Angeles TraPac Terminal is a 24 hour… link to full story

09.18.17 - Hurricanes Harvey and Irma lead to higher gasoline prices in Florida

Hurricane Irma significantly disrupted gasoline markets… link to full story

09.18.17 - Port Canaveral resumes waterside operations

The U.S. Coast Guard Captain of the Port (COTP) removed… link to full story

09.18.17 - THE Alliance reveals it has set aside $50m in the event one of its members does a Hanjin

THE Alliance, a new container grouping which launched… link to full story

09.14.17 - After Hurricane Irma, Virgin Islands Recovery Picks Up With Federal Help

Federal officials are ramping up relief efforts this… link to full story

09.14.17 - Cargo Ships Cause Lighting Strikes

 Diesel emissions from ships cause twice as many lighting… link to full story

09.13.17 - India’s Investment in Port Technology Boosts Productivity

India’s 12 major ports handled 273.96 million tonnes… link to full story

09.13.17 - The Energy 202: Hurricanes Irma and Harvey renew calls to ax obscure shipping law

After Hurricane Harvey ravaged Houston, the shutdown… link to full story

09.13.17 - Herculean Task as Crews Race to Restore Power Cut by Irma

 Block by block and city by city, utilities face one… link to full story

09.12.17 - Best Q2 for container lines in two years as they eye a $10bn profit swing

Container lines have enjoyed their most profitable… link to full story

09.12.17 - Seaports Prepare to Reopen After Irma

Several Southeast seaports that shut down ahead of Hurricane… link to full story

09.12.17 - Port of Virginia exports drop 11% in August

The Port of Virginia handled a record 240,605 TEUs… link to full story

09.11.17 - Irma Weakens to Tropical Storm After Lashing Florida

One of the most powerful hurricanes to cross the Atlantic… link to full story

09.11.17 - Irma Cuts Power to 4.5 Million, Shuts Ports and Imperils Crops

 Hurricane Irma has knocked out power to at least 4.5… link to full story

09.11.17 - South Carolina Ports: Empty yard closures due to weather conditions and high winds

The South Carolina Ports Authority continues to closely… link to full story

09.11.17 - Accelerated Funding and PPA for Corpus Christi ship channel improvement project

 The Port of Corpus Christi made a vital step for continued… link to full story

09.11.17 - South Carolina Ports Hurricane Irma Update

 The South Carolina Ports Authority continues to closely… link to full story

09.11.17 - U.S. Southeast ports hunker down for Hurricane Irma

 U.S. Southeast ports are bracing for Hurricane Irma… link to full story

09.11.17 - Chinese regulators green light COSCO-OOIL deal

 China COSCO SHIPPING’s acquisition of Orient Overseas… link to full story

09.11.17 - Port of Long Beach posts third-best monthly container volumes ever

 Port of Long Beach terminals processed over 690,000… link to full story

09.11.17 - Port of LA approves 10-year project labor agreement

 The Port of Los Angeles’ harbor board on Sept. 7 unanimously… link to full story

09.11.17 - Hurricane Irma: Coast Guard shuts down ports in Tampa Bay area

The Coast Guard has shut down Port Tampa Bay, Port… link to full story

09.11.17 - Hurricane Irma: Port of Palm Beach closed to commercial traffic

Commercial traffic and transfer operations at the Port… link to full story

09.11.17 - Miami, Fort Lauderdale airports remain closed; West Palm to reopen Monday afternoon

Miami International Airport and Fort Lauderdale-Hollywood… link to full story

09.11.17 - TPEB Airfreight Forecast - September 2017

TPEB Airfreight Forecast - September 2017   Global… link to full story

09.08.17 - Ports in Savannah, Brunswick to close for Hurricane Irma

In response to Hurricane Irma, the Georgia Ports Authority… link to full story

09.08.17 - PORTS OF SAVANNAH AND BRUNSWICK HURRICANE UPDATES

GEORGIA PORTS AUTHORITY – HURRICANE IRMA Garden City… link to full story

09.08.17 - Metro Atlanta, North Georgia face greater threat as Irma shifts

An updated prediction released by the National Hurricane… link to full story

09.08.17 - Port Wentworth warning about closing utilities after Hurricane Irma evacuation

From the city: The safety of our citizens is of the… link to full story

09.08.17 - Thousands Flee as Irma Churns Toward U.S.

Authorities on Thursday ordered more than 650,000 people… link to full story

09.08.17 - Hurricane Irma Set to Shut Down Major Florida Ports

Just as the U.S. oil refining industry works to recover… link to full story

09.08.17 - EIA: Hurricane Irma may cause problems for East Coast energy infrastructure

 Hurricane Irma, one of the largest hurricanes ever… link to full story

09.08.17 - Port Everglades at Port Condition YANKEE

 The U.S. Coast Guard Captain of the Port has notified… link to full story

09.08.17 - Irma on Collision Course With Miami After Wrecking Caribbean

 Hurricane Irma continued on a collision course with… link to full story

09.08.17 - Georgia CBP Officers Continue Harvey Missions

 The dangerous winds and torrential rain of Harvey… link to full story

09.08.17 - Port Condition Whiskey Set at the Port of Palm Beach

 Due to the possibility of gale force winds (39 to… link to full story

09.08.17 - South Carolina Ports Hurricane Irma Update

The South Carolina Ports Authority continues to closely… link to full story

09.08.17 - South Carolina International Trade conference postponed

  South Carolina, along with the states of Florida,… link to full story

09.08.17 - Hurricanes causing supply chain chaos across U.S.

  The aftermath of Hurricane Harvey coupled with Hurricane… link to full story

09.08.17 - U.S.: Port Everglades set to close as Hurricane Irma approaches

 Logistics company Crowley says it expects disruptions… link to full story

09.08.17 - Hurricane Irma Update

Hurricane Irma Update September 8, 2017   To Our… link to full story

09.08.17 - Transpacific Eastbound Market Update 09.08.207

Transpacific Eastbound Market Update September 8,… link to full story

09.07.17 - EY teams with Microsoft, Maersk to use blockchain for marine insurance

Accounting giant EY said Wednesday that it plans to… link to full story

09.07.17 - Hurricanes Disrupt Freight Sector, Send Rates Soaring

 Trucking costs are surging in the wake of Hurricane… link to full story

09.07.17 - Container carriers continue to order new capacity in flooded market

Despite the container shipping industry being bogged… link to full story

09.07.17 - FEMA unveils FY 2017 Port Security Grant Program recipients

 The U.S. Department of Homeland Security’s Federal… link to full story

09.07.17 - U.S., Caribbean ports brace for Hurricane Irma

 Ports in the Caribbean and southeastern United States… link to full story

09.07.17 - COSCO, PIL enter into 12-vessel charter agreement

 China’s COSCO Shipping Lines Co. and Singapore’s Pacific… link to full story

09.05.17 - Nippon Express eyes raising $900m for labor-saving moves

Nippon Express plans to raise 100 billion yen ($912… link to full story

09.05.17 - Monsoon rains suspend operations at Mumbai port

 The Indian port of Jawaharlal Nehru, also known as… link to full story

09.01.17 - Harvey Ripples Through U.S., Global Energy Markets

Tropical Storm Harvey’s crippling of Gulf Coast refineries,… link to full story

09.01.17 - Port Houston Container Terminals to Resume Operations Friday

The Port of Houston is reopening to ships Friday, a… link to full story

09.01.17 - A Nightmare Named Harvey

At 10 pm on Friday August 25th, a Category 4 Hurricane… link to full story

August 2017 Industry News
08.30.17 - Harvey Makes Landfall in Louisiana as Waters Keep Rising in Texas

The largest tropical rainstorm to hit the continental… link to full story

08.30.17 - U.S. logistics organizations rush to respond to Hurricane Harvey

American Logistics Aid Network calls on logistics community… link to full story

08.30.17 - US Delays Ruling on Canada Lumber Duties as Spat Continues

The U.S. has delayed a decision about duties on softwood… link to full story

08.30.17 - ACE Transaction Details

 As the platform that enables the United States’ Single… link to full story

08.30.17 - FDA Foreign Supplier Verification Program (FSVP) Inspections

FDA Foreign Supplier Verification Program (FSVP) Inspections August… link to full story

08.29.17 - Freight Companies Scramble to Reroute Goods in Wake of Harvey

Trucking fleets, railroads and shipping lines are rerouting… link to full story

08.29.17 - Natural Gas Prices Rise After Harvey Hits Texas

Natural gas prices gained on Monday as damage from Tropical… link to full story

08.29.17 - A Surprise Lift From China for U.S. Steel

 U.S. Steel producers are poised to get a surprising… link to full story

08.29.17 - STB schedules public meeting on CSX rail service issues

 The Surface Transportation Board, which has been monitoring… link to full story

08.29.17 - Port of Long Beach Sets Emissions Reduction Record

The Port of Long Beach reduced its air pollution levels… link to full story

08.29.17 - Texas ports looking to reopen by next week in Harvey’s wake

In the wake of Hurricane Harvey, key Texas ports have… link to full story

08.28.17 - Harvey Floods Houston, Strands Thousands

The nation’s fourth-largest city and surrounding areas… link to full story

08.28.17 - TSA reviewing cargo screening, concerned about terror vulnerabilities

The Transportation Security Administration is reviewing… link to full story

08.28.17 - La-Z-Boy diving deeper into e-commerce as it chases millennials

As La-Z-Boy Inc. fights for the attention of younger… link to full story

08.28.17 - Maersk moves show the shipping industry is far from sunk

It’s almost exactly a year since the crisis in the… link to full story

08.28.17 - Air freight boost from rise in semiconductor shipments

New semiconductor applications are creating fresh trade… link to full story

08.28.17 - Hurricane Harvey Shuts Two of the Largest U.S. Ports

  Hurricane Harvey shut the second-largest U.S.… link to full story

08.25.17 - This Robot Ship Experiment Could Disrupt the Global Shipping Industry

Japan’s largest container line plans to test a remote-controlled… link to full story

08.25.17 - When the huge 'goodie-bags' arrive, will the party be over for ocean carriers?

 At least two Asia and Europe loops will need to be… link to full story

08.25.17 - Dubai's DP World says confident of meeting FY view after flat first half

DP World DPW.DI, one of the world’s largest port operators,… link to full story

08.25.17 - Port of Oakland On Track For 2% Growth In 2017

“The Port of Oakland could see a 2% increase in loaded… link to full story

08.25.17 - A vessel on an historic voyage

On July 26, 2017, the new CMA CGM Theodore Roosevelt… link to full story

08.24.17 - Typhoon batters Hong Kong and south China, three dead in Macau

Typhoon Hato, a maximum category 10 storm, slammed… link to full story

08.24.17 - Airfreight prices jump in July, but rate of improvement narrows

 Airfreight rates climbed again in July as volumes… link to full story

08.24.17 - Panama Canal welcomes largest capacity vessel to date

  On Aug. 22, the Panama Canal welcomed the largest… link to full story

08.24.17 - Transpacific Eastbound Market Update

August 24, 2017                                   … link to full story

08.21.17 - How hackers are targeting the shipping industry

 When staff at CyberKeel investigated email activity… link to full story

08.21.17 - TOTE to Enter U.S.-Mainland-Hawaii Trade Route

Transportation and logistics company TOTE announced… link to full story

08.21.17 - Suez Canal to slash transit rates for containerships

 Transit rates for container vessels in the northern… link to full story

08.18.17 - July Cass Freight Index Report points to annual gains and sequential declines

Freight shipments and expenditures in the July edition… link to full story

08.18.17 - Suspected car thief who led police on wild chase dies after falling off port crane

Asuspected car thief who led police on a wild chase… link to full story

08.18.17 - Surge in Expectations Drives Gain in U.S. Consumer Sentiment

Consumer sentiment climbed in August to a seven-month… link to full story

08.17.17 - Maersk Posts Surprise Loss, Warns of Cyberattack Impact

Danish shipping giant A.P. Moller-Maersk A/S on Wednesday… link to full story

08.17.17 - Zinc Prices Hit 10-Year High -- Update

The price of zinc hit a 10-year high on Wednesday as… link to full story

08.17.17 - US business inventories post biggest gain in seven months

U.S. business inventories recorded their biggest increase… link to full story

08.17.17 - Baltic Index Continues Gaining Streak

The Baltic Exchange's main sea freight index, tracking… link to full story

08.17.17 - PSA, PIL, IBM on Blockchain Development

 Ocean carrier Pacific International Lines (PIL), terminal… link to full story

08.16.17 - The World’s Shipping Companies Are Going Super-Sized

The hulking container ships that transport sneakers,… link to full story

08.16.17 - U.S. Retail Sales Jumped 0.6% in July

U.S. retailers posted their strongest sales growth… link to full story

08.16.17 - U.S. Stocks Higher Ahead of Fed Minutes

Retailers lead U.S. stocks higher after Target earnings --… link to full story

08.15.17 - Evergreen increases earnings with strong Q2 profit

Taiwan’s container carrier Evergreen Marine has continued… link to full story

08.15.17 - BNSF 2Q17 revenue up 15%; OR drops to 65

Based on a 24% increase in net income for 2017’s second… link to full story

08.15.17 - SC Ports 2017 container volume up 13 percent

South Carolina Ports Authority announced calendar year-to-date… link to full story

08.15.17 - Broad-Based Advance in U.S. Retail Sales Shows Solid Spending

U.S. retail sales advanced in July by the most this… link to full story

08.15.17 - Maersk chief sees further deals in shipping container industry

Container shipping groups will continue to do deals,… link to full story

08.14.17 - Cargo Volumes Hit Records at Long Beach, Los Angeles Ports

The ports of Los Angeles and Long Beach, which together… link to full story

08.14.17 - CSX layoffs at Chicago switching yard expose fears that facility could close

Railroad giant CSX, which is under fire from regulators… link to full story

08.14.17 - HMM records Q2 loss despite higher revenues, volumes

Hyundai Merchant Marine (HMM) recorded a loss of 173.7… link to full story

08.14.17 - Freighter remains grounded near Soo Locks, blocking commercial ship traffic

Commercial shipping traffic to and from Lake Superior… link to full story

08.14.17 - Looters raid Brazilian cargo ship after containers fall overboard

Enterprising thieves near Sao Paulo used small boats… link to full story

08.11.17 - States Alter Trucking Schedules to Dodge Eclipse

Several states have adjusted their freight transportation… link to full story

08.11.17 - Major expansion planned at Port of Indiana-Burns Harbor

The Port of Indiana-Burns Harbor is in line to receive… link to full story

08.11.17 - Yang Ming reports smaller loss in Q2 2017

Yang Ming Marine Transport in the second quarter of… link to full story

08.11.17 - Samsung sets up logistics company as market heats up

For the majority of Vietnamese, Samsung means smartphone,… link to full story

08.11.17 - Maersk Tantalizes Market with Joint Venture Details

A.P. Moller–Maersk is planning a joint venture with… link to full story

08.10.17 - Port of Virginia posts its best July ever for container volume

The Port of Virginia began its July-to-June fiscal… link to full story

08.10.17 - Brooks confirms plan to open local distribution center with 130 workers

Seattle-based Brooks Running Co. has confirmed plans… link to full story

08.10.17 - Daseke Reports Second Straight Loss Since Going Public

One of the largest owners of flatbed and specialized… link to full story

08.10.17 - Bulk shipping of U.S. coal on the rise

U.S. coal shipments to East Asia and Europe are rebounding… link to full story

08.10.17 - WTO: Global merchandise trade on the rise

Global merchandise trade growth will continue to strengthen… link to full story

08.10.17 - U.S. meat exports sizzle in June

U.S. beef, pork and lamb exports all increased in terms… link to full story

08.10.17 - Port of Houston extends gate hours at Bayport Container Terminal

The Port of Houston is extending gate hours at its… link to full story

08.10.17 - Hong Kong’s Competition Commission issues BEO for liner shipping VSAs

Hong Kong’s Competition Commission issued a block exemption… link to full story

08.03.17 - Christmas in July for shipping lines as Trans-Pacific container rates climb

Spot rates on containerships bound for the U.S. from… link to full story

08.03.17 - US planning trade measures against China

The Trump administration is considering using a little-used… link to full story

08.03.17 - Diesel prices are up for the fifth straight week

The average price per gallon of diesel gasoline is… link to full story

08.01.17 - Corporate Discipline at Commodity Firms Fuel Debt Upgrades

A record value of corporate bonds reached investment… link to full story

08.01.17 - China Factory Activity Loses Momentum, Signaling Possible Economic Slowdown -- Update

A gauge of China's manufacturing activity fell more… link to full story

08.01.17 - Revenue soars for Japanese lines in Q1 as they eye new alliance

Ahead of their integration into the Ocean Network Express… link to full story

08.01.17 - Seaspan CEO Wang stepping down later this year

Seaspan Corp. Chief Executive Officer, Co-Chairman… link to full story

08.01.17 - Are new-tech trucks ready to replace diesel, keep California’s pollution-fighting promise?

The race to replace Southern California’s biggest polluter… link to full story

July 2017 Industry News
07.31.17 - Dockworkers close to reaching early deal on contract, bringing relief to retailers, shippers

West Coast dockworkers are close to approving a contract… link to full story

07.31.17 - Freight rates on the rise and box carriers get ready to reap the rewards

Container spot rates from Asia to the US, and Asia… link to full story

07.31.17 - Port Houston Orders RTGs for $700 Million Project

Konecranes has received an order for nine RTGs from… link to full story

07.31.17 - China's railway freight sees steady growth in H1

 China's railway freight volume grew steadily in the… link to full story

07.31.17 - China’s SF Express eyes home-grown technology as means to expand globally

 SF Express, one of China’s largest logistics service… link to full story

07.31.17 - Steel exports swelled 17.3 percent from April to May

Up 25.2 percent from a year earlier to surpass 1 million… link to full story

07.31.17 - PMA Chief hails historic waterfront contract extension vote

With voting by longshore workers complete, early returns… link to full story

07.31.17 - Port Canaveral leads congressional briefing on seaport support for local estuaries

Port Canaveral Environmental Director Bob Musser recently… link to full story

07.31.17 - CMA “Pelleas” makes Port of NY & NJ first Port of Call

On Friday, July 21st, CMA-CGM of Marseille, France… link to full story

07.28.17 - Ryan Gives Up on Border-Adjusted Tax on Imports After Attack

Republican leaders said on Thursday that the proposed… link to full story

07.28.17 - Party Time! Weak Dollar Unleashes Record Stock Run

A pickup in global growth and a weakening dollar are… link to full story

07.28.17 - YRC Freight to add eight DCs to relieve stress on existing locations

YRC Freight, the long-haul unit of less-than-truckload… link to full story

07.27.17 - Norfolk Southern Says It's Winning Customers From CSX

Norfolk Southern Corp. says it is starting to win over… link to full story

07.27.17 - Newbuild vessel orders sink in 2017

Orders for newbuild ocean vessels have slipped during… link to full story

07.27.17 - Transpacific Eastbound Market Update

July 27, 2017 Transpacific Eastbound Market Update   To… link to full story

07.26.17 - Freight-Booking Startup Convoy Raises $62 Million

Digital freight-booking startup Convoy raised $62 million… link to full story

07.26.17 - Werner increases earnings 27% in Q2 2017

Werner Enterprises, Inc.’s net income for the second… link to full story

07.26.17 - Roadrunner seals $292 million financing deal

Truckload and less-than-truckload (LTL) provider Roadrunner… link to full story

07.26.17 - Savannah and Brunswick ports set record for fiscal year

  The Georgia Ports Authority said Monday it broke… link to full story

07.26.17 - DP World reports 10.7% volume growth

DP World said its gross container volumes grew by 10.7… link to full story

07.24.17 - WTO: China will no longer accept your garbage

The Chinese government on Tuesday notified the World… link to full story

07.24.17 - Norway Takes Lead in Race to Build Autonomous Cargo Ships

Two Norwegian companies are taking the lead in the… link to full story

07.24.17 - Kansas City Southern's carload growth drives record Q2 revenue

A 6 percent increase in carload volumes helped drive Kansas… link to full story

07.24.17 - Terminal operator GCT names new president and CEO

 Vancouver, British Columbia-based privately owned… link to full story

07.21.17 - An Early Sign India's Huge Tax Revamp Is Working: Happy Truck Drivers

Until recently, truck driver K Shaji often waited for… link to full story

07.21.17 - Decline in truckload volumes the only dampener for CH Robinson in Q2

CH Robinson, one of the US’s largest freight companies,… link to full story

07.21.17 - Officials Take Action As Congestion Sees Boxships Waiting for 12 Days Off Chittagong

Chittagong Port Authority has moved to alleviate the… link to full story

07.21.17 - Despite lawsuits, DryShips announces 5th reverse stock split this year

As of July 18, the company had 36,296,095 common shares… link to full story

07.21.17 - China says it will ban certain recovered material imports

Chinese authorities have announced the country will… link to full story

07.20.17 - TPEB Airfreight Forecast - July 2017

July 20, 2017 TPEB Airfreight Forecast - July 2017   Airfreight… link to full story

07.20.17 - WCMTOA Announces TMF Increase on August 1

July 20, 2017 WCMTOA Announces TMF Increase on August… link to full story

07.20.17 - Maryland to reapply for federal transit grants after Trump administration changes program

Maryland has to reapply — again — for a federal grant… link to full story

07.20.17 - US Cotton Exports Surge, Fed by Vietnam and China

It’s been a good year for U.S. cotton exporters, with… link to full story

07.19.17 - Kuehne + Nagel acquires CFI, strengthens position in perishables logistics

Kuehne + Nagel has acquired two companies, the USA… link to full story

07.19.17 - South Korean yards see shipbuilding market improving as new orders rise

 Ailing South Korean shipbuilders going through a rough… link to full story

07.19.17 - Indicators: Truck tonnage dipped from May in June, but up year over year

 CCJ‘s Indicators rounds up the latest reports on trucking… link to full story

07.18.17 - The Idle Containership Fleet Is Shrinking

Having been one of the few (unwanted) fast-growing… link to full story

07.18.17 - CMA CGM to Launch Unique Reefer Line Collaboration

CMA CGM Group has announced plans to combine its container… link to full story

07.18.17 - Empire State manufacturing index retreats in July from two-year high

A reading of New York-area manufacturing cooled in… link to full story

07.18.17 - Cargo Imports Surged at U.S. Seaports in June

U.S. importers are on pace to bring more goods through… link to full story

07.17.17 - Lift in Demand Fuels Hopes Trucking Has Turned the Corner

Improving freight demand could signal brighter days… link to full story

07.17.17 - One of worst droughts in decades devastates South Europe crops

Italian durum wheat and dairy farmer Attilio Tocchi… link to full story

07.17.17 - Yang Ming board approves share issue

Yang Ming Marine Transport Corp (陽明海運) yesterday announced… link to full story

07.17.17 - Morrison & Foerster advises GLP on proposed US$11.64B private equity buyout in Asia

SINGAPORE – A cross-office team of Morrison & Foerster… link to full story

07.17.17 - Chinese importers sign deal to buy 12.53 mln tonnes of US soybeans

A delegation of commodity importers from China, the… link to full story

07.14.17 - Singapore's GLP Gets $11.6 Billion Offer From Chinese Group

A Chinese-backed consortium made an offer for one of… link to full story

07.14.17 - No More Naps on the Railroad, Says New CSX Boss

CSX Corp.'s new boss has nixed naptime. Hunter Harrison… link to full story

07.14.17 - SSE introduces new 'Belt and Road' shipping indices

The Shanghai Shipping Exchange launched the Belt and… link to full story

07.14.17 - Maersk to waive detention, demurrage fees stemming from Petya attack

The world’s biggest container line, Maersk Line A/S,… link to full story

07.12.17 - Rickmers Maritime gets nod to sell remaining nine vessels for US$54m

THE trustee-manager of Rickmers Maritime said on Tuesday… link to full story

07.12.17 - Ag Groups Fear Steel Tariffs

Farm groups are cautioning the Trump administration… link to full story

07.12.17 - Startup Moglix bets on growth spurred by India's GST

Moglix, a B2B e-commerce startup backed by industrialist… link to full story

07.12.17 - Scale, subsidies trump profits in liner shipping

Prior to 2016, the parent company of liner carrier… link to full story

07.12.17 - Heartland Express snatches up trucking company in $113m deal

North Liberty, Iowa-based trucking and logistics company… link to full story

07.12.17 - The Logistics Confidence Index grows overall but the performance of the Air and Sea indices diverge

Air freight expectations have taken the Logistics Confidence… link to full story

07.12.17 - Philippines Posts Record Trade Deficit in May as Imports Surge

The Philippines posted its biggest trade deficit since… link to full story

07.12.17 - Transpacific Eastbound PSS Update

July 12, 2017               Transpacific Eastbound… link to full story

07.11.17 - Oil up? Oil down? Blame the algorithms

When energy analysts and investors couldn't figure… link to full story

07.11.17 - May U.S. Manufacturing Technology Orders Up Nearly 22% YoY

The U.S. Manufacturing Technology Orders report for… link to full story

07.11.17 - Nixon tabbed as CEO of Ocean Network Express

Jeremy Nixon, previously the Chief Executive Officer… link to full story

07.11.17 - Idle Containership Decline Shows Industry Recovery

Idle containership fleets have declined by 70% from… link to full story

07.11.17 - China Instigates Special Bulk Carrier Inspections

The China Maritime Safety Administration (MSA) has… link to full story

07.11.17 - U.S. beefs up meat exports in May

U.S. beef, pork and lamb exports all increased in terms… link to full story

07.11.17 - SCFI falls on major trades

The Shanghai Shipping Exchange’s Shanghai Containerized… link to full story

07.10.17 - G-20 Leaders Find Trade Compromises but Are Split on Climate

Leaders from the Group of 20 countries vowed Saturday… link to full story

07.10.17 - The Two-headed Dragon

 How’s this for a carrier’s nightmare scenario? Your… link to full story

07.10.17 - Could your industrial robots "go rogue"?

Cybersecurity experts warn that many robots in factories… link to full story

07.10.17 - Shipping’s blues: The many barriers to scrapping cargo ships

TOO many new ships, too few old ones scrapped. Since… link to full story

07.10.17 - China, EU Bolster Greener Global Shipping to Curb Emissions

The trillion-dollar global shipping industry may soon… link to full story

07.10.17 - Ocean Network Express establishes operating, holding companies

Japanese container lines Mitsui O.S.K. Lines (MOL),… link to full story

07.10.17 - U.S. Trade Gap Narrows as Exports Rise to Highest in Two Years

The U.S. trade deficit narrowed in May as American… link to full story

07.10.17 - China Takes Lead in Pacific Shipping After $6.3 Billion Deal

China is the new leader of shipping trade to the Americas. State-owned… link to full story

07.06.17 - Germany Bolsters China Ties as Trump Policies Raise Concern

German Chancellor Angela Merkel and China’s President… link to full story

07.06.17 - OOCL now a target for CMA CGM following silence from Cosco?

Mid-sized ocean carrier OOCL is seen as “the only attractive… link to full story

07.05.17 - Blinded by Cyberattack, Shipping Giant Maersk Slowly Restarts Operations

A.P. Moeller-Maersk A/S, the world’s biggest containership… link to full story

07.05.17 - China Manufacturing Gauge Strengthens on Growing Global Demand

A gauge of China’s manufacturing activity jumped unexpectedly… link to full story

07.05.17 - U.S. Manufacturing-Sector Activity Accelerated in June

The strongest reading on U.S. factory activity in nearly… link to full story

07.05.17 - Trump Misses Steel-Tariff Deadline Amid Lawmaker, Business Complaints

The Trump administration missed a self-imposed Friday… link to full story

07.05.17 - Airfreight demand growth ramps up in May

Air cargo growth ramps up in May with a “formidable”… link to full story

June 2017 Industry News
06.30.17 - 'Plenty of Hiccups' Expected as India Rolls Out New Tax Reform

As India prepares to launch its biggest tax reform… link to full story

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