Norfolk Southern’s new rail route offers a faster option for importers and exporters with intermodal cargo interested in utilizing the Port of Charleston, according to a statement from the South Carolina Ports Authority.
ACL signs agreement with Ceres Halifax Terminal
Port of Halifax will remain Atlantic Container Line’s largest port of call in North America and its gateway for Canadian cargo and freight bound for the United States Midwest, the ocean carrier said in a statement.
DOJ fines Maersk affiliates $3.7 million
Weight tickets submitted by roll-on/roll-off carrier Farrell Lines to support their billing invoices were “recreated” by Damco employees, which constituted a failure to comply with the terms of a contract with the United States Transportation Command.
North American freight market rebounds in February
Shipment volumes and expenditures both bounced back in February, climbing 8.3 percent and 6.3 percent, respectively, from the previous month, according to the latest Cass Freight Index Report.
U.S. ag exporters head to Peru, Chile
The United States Department of Agriculture said 34 agricultural exporters and trade association representatives will join Agriculture Secretary Tom Vilsack on a trade mission March 14-18 to Peru and Chile.
NFTC names new president
The Washington-based National Foreign Trade Council has appointed Rufus Yerxa as its new president, effective May 9.
Port of Mombasa adds second container terminal
The Kenyan port’s new container terminal boosted its container handling capacity by 50 percent.
Gulftainer grows terminal volumes 4% in 2015
The privately owned port terminal operator did not release specific statistics underlying throughput growth across its network.
UPS expands cryotransport service to Europe
As part of the UPS Temperature True Cryo service, biomedical parcels holding samples and specimens can be packed in special tanks that keeps items in a deep freeze for up to 10 days.
Container spot rates fall to fresh lows
The Shanghai Containerized Freight Index has posted continuous declines since the start of 2016, while the World Container Index has fallen 62 percent in the past year and is currently down 60 percent from its five-year average.