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Two U.S. ports open intermodal facilities

JaxPort and the Port of New Orleans have new truck-rail transfer facilities that are expected to make more attractive shipping options.

Shipping NewsPosted on: April 13, 2016

Ocean carriers shift services from Tacoma to Seattle

German ocean carriers Hamburg Sud and Hapag-Lloyd are shifting two of their services from one member of the Northwest Seaport Alliance to the other.

Shipping NewsPosted on: April 13, 2016

CSX posts 19% earnings drop in first quarter

The Jacksonville, Fla.-based railway posted net earnings of $356 million on revenues of $2.6 billion for the first quarter of 2016, year-over-year declines of 19 percent and 14 percent, respectively.

Shipping NewsPosted on: April 13, 2016

IMF warns of global stagnation as growth outlook cut again

The International Monetary Fund cut its 2016 expansion forecast to 3.2 percent as weak exports and slowing investment dim prospects in the U.S., a consumption-tax hike saps growth in Japan, and a slump in prices continues to hobble commodities producers.

Shipping NewsPosted on: April 13, 2016

Kerry Logistics ups stake in Indian logistics company

The Hong Kong-based logistics services provider entered into a memorandum of understanding to increase its stake in Indev Logistics Pvt. Ltd. from 30 percent to 50 percent.

Shipping NewsPosted on: April 13, 2016

China’s exports jump most in a year, boosting growth outlook

Overseas shipments rose 11.5 percent in dollar terms in March from a year earlier, compared with a 25 percent slump in February, when factories and offices were closed for a week-long holiday, data showed Wednesday.

Shipping NewsPosted on: April 13, 2016

Global PC shipments fall to lowest level since 2007

Worldwide personal-computer shipments dropped 9.6 percent in the first quarter of 2016, according to a recent report from market research firm Gartner Inc.

Shipping NewsPosted on: April 13, 2016

Air Canada establishes freighter service agreement with Cargojet Airways

Under the agreement, Air Canada Cargo will launch dedicated freighter services from Canada to Latin America and Europe with Cargojet-operated 767-300ER freighter aircraft.

Shipping NewsPosted on: April 13, 2016

England’s airports report March cargo throughput

During the month, London Heathrow Airport handled 131,661 metric tons of cargo, a 3.8 percent decline from March 2015.

Shipping NewsPosted on: April 13, 2016

Leschaco opens new office in Miami

The logistics services provider opened a new branch office in Miami, Fla. at the beginning of the month.

Shipping NewsPosted on: April 13, 2016

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Gemini Shippers Association

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Fashion Accessories Shippers Association

www.fasa.nyc

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info@fasa.nyc
212-947-3424