Delegates from the International Longshore and Warehouse Union voted Thursday to have the union enter into discussions with representatives of the Pacific Maritime Association to discuss a contract extension.
St. Lawrence Seaway’s volumes slip 11%
Year-to-date volumes on the St. Lawrence Seaway have been hindered by the lack of iron ore and coal, but international traffic continues to be well above the five-year average, Saint Lawrence Seaway Development Corporation Administrator Betty Sutton said.
Lufthansa Cargo targets niche private customer market
The German cargo airline has begun offering individuals the ability to directly ship oversize baggage and bulky items that need urgent delivery or special handling.
COSCOCS completes Piraeus Port acquisition
China COSCO Shipping on Wednesday officially purchased a 51 percent stake in Greece’s largest port from the Hellenic Republic Asset Development Fund and will buy another 16 percent share within five years.
NRF: U.S. container import volumes to peak in August
Major container ports in the United States handled 1.63 million TEUs in June 2016, down 2.8 percent from May and 0.5 percent from June 2015, according to the monthly Global Port Tracker report by the National Retail Federation and Hackett Associates.
HHLA posts decline in EBIT, revenues
In addition, the logistics provider and container terminal operator’s container throughput was hindered by slower economic growth in China and lower feeder volumes for the Baltic Sea ports.
AES message helps shippers keep track of export license values
The U.S. Commerce Department’s Bureau of Industry and Security, along with the U.S. Customs and Border Protection, have released a new function in the Automated Export System that helps shippers keep track of their export license value thresholds.
CSX train derails in Falmouth, Ky.
Twenty-four of the train’s 125 freight rail cars, some of which were carrying hazardous materials, derailed at around 10:40 a.m. local time yesterday en route from Cincinnati, Ohio to Atlanta, Ga., the Class I railroad said in a customer advisory.
AIIS: U.S. steel exports fall 10.5% in first half 2016
Looking ahead, the American Institute for International Steel said that exports do not seem likely to substantially increase anytime soon.
China takes preventative actions to stop Zika spread
Chinese authorities have said that containers from certain countries shall be subject to effective anti-mosquito treatment in order to prevent the virus from spreading, which has left many shippers concerned.