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Drewry: Shippers are demanding more financial information from carriers

An increasing amount of shippers are requesting “hidden” financial data from carriers, following weak carrier financials and Hanjin’s bankruptcy filing, according to shipping research and consulting firm Drewry.

Shipping NewsPosted on: October 10, 2016

U.S., EU trade negotiators wrap up latest round of T-TIP talks

Negotiators for the Transatlantic Trade and Investment Partnership, a trade agreement between the United States and the European Union, remain optimistic that an agreement will be reached, although political support has waned.

Shipping NewsPosted on: October 10, 2016

Korean Register’s CEO dies

The Korean Register’s 63-year-old chairman and chief executive officer, B.S. Park, died Monday following a brief illness.

Shipping NewsPosted on: October 10, 2016

Executive Moves: LISCR, Kalmar and Envirotainer

The Liberian International Ship and Corporate Registry appoints four managers, while Kalmar strengthens its Americas management and Envirotainer names head of Asia-Pacific operations.

Shipping NewsPosted on: October 10, 2016

Southeastern U.S. ports escape major damage, begin operating

Hurricane Matthew caused minor damage at ports from North Carolina to Florida, but operations have returned to normal, except at the Port of Savannah.

Shipping NewsPosted on: October 10, 2016

ATA: DOT proposal for electronic speed limiters needs more work

Despite advocating for mandatory adoption of the technology for the last 10 years, the American Trucking Associations says the U.S. Department of Transportation’s initial proposal to require speed control devices on commercial vehicles is flawed.

Shipping NewsPosted on: October 7, 2016

Port of London pilot dies following accident boarding cargo ship

The pilot was involved in an accident in Gravesend Reach while boarding the general cargo ship Sunmi and emergency responders were unable to save his life, the Port of London Authority said in a statement.

Shipping NewsPosted on: October 7, 2016

U.S. transportation sector hiring slides in September

Transportation and logistics companies cut 9,000 positions last month, following two consecutive months of hiring gains, according to recent preliminary data from the U.S. Department of Labor.

Shipping NewsPosted on: October 7, 2016

NYK projects $1.9b in FY2016 extraordinary losses

The Japanese ocean carrier estimates it will report extraordinary losses totaling 195 billion Japanese yen (U.S. $1.89 billion) in fiscal 2016 due to continued weakness in container and dry bulk freight rates, according to a statement from the company.

Shipping NewsPosted on: October 7, 2016

Rhode Island DOT moves forward with truck tolling plan

The Rhode Island Department of Transportation said it will implement bridge tolls throughout the state for tractor trailer operators, a plan that has been met with protests from trucking associations, following federal approval.

Shipping NewsPosted on: October 7, 2016

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  • Gemini Shippers joins coalition seeking suspension of detention and demurrage charges
  • FMC Commissioners Discuss Ocean Carrier Issues, Global Alliances, and Market Developments
  • Section 301 updates
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  • Accessories Council Introduces Its Business Workshop on Nov 15
  • Americans for Free Trade coalition urges USTR to extend exclusions for products covered by the Section 301 China tariffs before they expire
  • 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
  • C.H. Robinson’s net income jumps by over 46 percent
  • ITC weighs testimony in aluminum AD/CVD case
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Gemini Shippers Association

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Fashion Accessories Shippers Association

www.fasa.nyc

137 West 25th Street, 3rd Floor
New York, NY 10001
info@fasa.nyc
212-947-3424