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House approves 3-week transportation funding patch

The legislation, which would extend federal highway and infrastructure spending until Nov. 20, now goes to the Senate for approval in advance of the Oct. 29 expiration of current funding.

Shipping NewsPosted on: October 28, 2015

Port drivers strike additional Southern California drayage companies

Teamster President James P. Hoffa is scheduled to participate in a press conference at 10 a.m. Pacific Time and plans to walk the picket line with drivers at the ITS Marine Terminal in the Port of Long Beach today.

Shipping NewsPosted on: October 27, 2015

Hapag-Lloyd extends IPO offering period by one week

The German ocean carrier is expected to price shares at the bottom of its initial range of 23 euros to 29 euros per share, according to multiple media reports.

Shipping NewsPosted on: October 27, 2015

Three former Arc Electronics employees convicted of illegal exports to Russia

The Justice Department on Monday said Alexander Posobilov, Shavkat Abdullaev and Anastasia Diatlova were convicted of illegally exporting controlled microelectronics to Russia.

Shipping NewsPosted on: October 27, 2015

U.S. steel imports drop in September

The United States imported 2.77 million net tons of steel in September, a month-over-month decline of 9.4 percent and a year-over-year drop of 29 percent.

Shipping NewsPosted on: October 27, 2015

Port of Antwerp aims to strengthen trade with Iran

A delegation from the port met in Tehran, Iran with various ministries, petrochemical organizations and private companies to discuss Iran’s ambitions in shipping and commerce and the role the Port of Antwerp could play in those objectives.

Shipping NewsPosted on: October 27, 2015

UASC names new North American president

United Arab Shipping Co. has appointed Stuart Sandlin, formerly a vice president of sales at Hapag-Lloyd America, as president of its North American organization.

Shipping NewsPosted on: October 27, 2015

ZIM adjusts intra-Mediterranean loop

The Israeli ocean carrier is adding a call to Limassol, Cyprus to its ADX service, which currently operates between Israel, Slovenia, Italy and Albania.

Shipping NewsPosted on: October 27, 2015

Roadrunner lowers expectations for Q3, Q4 2015

The asset-light transportation and logistics service provider anticipates third quarter 2015 revenues will be between $490 million and $500 million, down from previous projections of $530 million to $555 million.

Shipping NewsPosted on: October 27, 2015

Lakes iron ore trade falls in September

Iron ore shipments on the Great Lakes totaled 5.6 million tons in September, a year-over-year drop of 20.6 percent.

Shipping NewsPosted on: October 27, 2015

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  • Gemini Shippers joins coalition seeking suspension of detention and demurrage charges
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  • Gemini Shippers Group joins assocition in letter to USTR on Vietnam Section 301 tariffs.
  • Federal Maritime Commision – Covid-19 Supply Chain Investigation Shifts Focus to NY/NJ in Phase Two
  • ONE reports $192 million loss in second quarter
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  • ITC weighs testimony in aluminum AD/CVD case
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