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Port of New York/New Jersey reports record October

Box volumes at the largest U.S. East Coast port were up 11 percent year-over-year in October, driven primarily by a 9.8 percent spike in loaded import containers.

Shipping NewsPosted on: November 25, 2015

U.S. gives green light to FedEx-TNT merger

FedEx Corp.’s biggest hurdle to its acquisition of Netherlands-based TNT Express, however, is still to come, as the deal will still require approval from the European Commission.

Shipping NewsPosted on: November 25, 2015

Port of Houston projects growth from booming plastic resin exports

The U.S. Gulf port also expects to benefit from continuing population migration to Texas and the expansion of Panama Canal, which is scheduled to be completed in April 2016.

Shipping NewsPosted on: November 25, 2015

Mixed bag for U.S. economy causes drag on freight sector

United States gross domestic product (GDP) grew 2.1 percent in the third quarter, according to the Commerce department’s second estimate, but truck tonnage remains relatively flat amid weak industrial and manufacturing output.

Shipping NewsPosted on: November 25, 2015

Port of Long Beach to consider reducing container free time

Industry groups said they are willing to work with the port to speed cargo through POLB, but expressed concern about how the plan might affect shippers, who want to pick up containers faster but say getting chassis and trucking capacity can be difficult.

Shipping NewsPosted on: November 24, 2015

Ag secretary Vilsack hopeful on China trade prospects

U.S. Agriculture Secretary Tom Vilsack said at the conclusion of the JCCT meeting Monday that China indicated it will review 11 biotechnology applications and continue the dialogue on U.S. beef.

Shipping NewsPosted on: November 24, 2015

PortMiami October box volume rises 11.6%

Port of Miami Terminal Operating Company, the only non-carrier affiliated terminal, saw its volumes double to 22,225 TEUs, the largest percentage gain among the three container terminals at the South Florida port.

Shipping NewsPosted on: November 24, 2015

Obama nominates Daniel B. Maffei to become Federal Maritime Commissioner

Maffeir, a former U.S. Representative for New York, will take the place of current Commissioner Richard A. Lidinsky, Jr., according to a statement from the White House.

Shipping NewsPosted on: November 24, 2015

OOCL launches new intra-Asia service

The Hong Kong-based ocean carrier will launch its standalone KTX8 loop, which connects Japan, China and Taiwan with Thailand and Vietnam, next week.

Shipping NewsPosted on: November 24, 2015

Eimskip reports strong Q3 results

The Icelandic liner carrier posted net earnings of 8.5 million euros on operating revenues of 129.7 million euros for the third quarter of 2015, year-over-year increases of 12.7 percent and 8.5 percent, respectively.

Shipping NewsPosted on: November 24, 2015

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Fashion Accessories Shippers Association

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