Hyundai Merchant Marine said Tuesday its consortium with Heung-A Shipping and Sinokor Merchant Marine will give it full access to the two carriers’ intra-Asia networks.
Special Coverage: PortMiami continues with upgrades
The Floridian port is ready to launch a second round of investment – this time with the goal of increasing capacity and service levels within the container yard.
FMC reviews 29 OTI license applications
The U.S. Federal Maritime Commission has received 29 ocean transportation intermediary license applications and changes for review.
Trump threatens GM to stop vehicle imports from Mexico
Ford Motor Co. canceled plans for an auto plant in Mexico as President-elect Donald Trump made it clear he intends to pursue a strategy of economic nationalism.
BWR: Europe to U.S. North Atlantic trade
BlueWater Reporting illustrated the trade removed 32 vessels and 79,764 TEUs of total deployed capacity between December 2013 and December 2016, while weekly allocated capacity on the trade has been on the rise.
U.S. imposes sanctions on Russian entities
As a result of Russia’s alleged interference in the U.S. presidential election, the White House is imposing sanctions on three Russian companies, expelling 35 Russian diplomats from the U.S., and closing two Russian-operated U.S. facilities.
Hanjin’s bankruptcy was the largest for container shipping in 30 years
The South Korean liner carrier’s bankruptcy, which resulted in hundreds of thousands of shipments around the world being delayed, was the biggest in the container shipping industry since the 1986 bankruptcy of U.S. Lines.
Commentary: Sea-Land’s hero ship
The S.S. Detroit, also named the U.S.S. Tangier, was built in 1940 as a C-3 freighter and fired the first American shot of World War II before being sold to Sea-Land in the 1960’s for conversion to an automobile carrier.
CSX completes first phase of new tunnel in D.C.
The Class I railway has completed the first phase of the new Virginia Avenue Tunnel project in Washington, D.C., clearing the way for trains to move double-stacked intermodal freight between Mid-Atlantic seaports and the Midwest on its railroad network.
Executive Moves: Antwerp Port Authority and SingPost
The Antwerp Port Authority’s new CEO steps into role Jan. 1, while Singapore Post names former Toll Global Forwarding chief its global CEO.