Despite a poor second half last year, the Hong Kong-based parent of ocean carrier OOCL expects to reap benefits from its new Middle Harbor terminal at the Port of Long Beach when it opens later this year.
OHT closure causes congestion to grow in Oakland
One shipper described the long truck lines at the Port of Oakland as a “debacle” as cargo volumes at the SSA terminal have climbed suddenly due to the rapid exit of Outer Harbor Terminal LLC, a joint venture of Ports America and TIL Group.
UPS Worldwide Express adds 23 locations to its network
The UPS Worldwide Express package service has expanded its network to include 88 countries and territories.
Drewry: HMM-Hanjin merger a ‘very real possibility’
A spokesperson for Hyundai Merchant Marine, however, dismissed reports of a combination between the two South Korean shipping conglomerates as nothing more than a “half baked rumor” just one week ago.
U.S. transportation sector sheds another 5,300 jobs in February
Job cuts at transportation and logistics companies during the month were again led by a decline in courier and messenger positions, according to recent preliminary data from the United States Department of Labor.
Irish Continental Group marine operations report strong 2015 results
The shipping company’s Container and Terminal Division, which consists of intermodal shipping line Eucon and two container terminals in Ireland, posted revenues of 118.2 million euros for 2015, a 10.5 percent increase from 2014.
U.S. initiates import duties on Chinese stainless steel
The Commerce Department on Friday began antidumping and countervailing duties on imports of Chinese-made stainless steel sheet and strip.
AGRO Merchants develops storage facility at Rotterdam
The Alpharetta, Ga.-based cold chain solutions provider began development of a 9,000-square-meter, temperature-controlled warehouse on the Maasvlakte at the Port of Rotterdam.
GRI Roundup: CMA CGM and Hapag-Lloyd
Ocean carriers CMA CGM of France and Hapag-Lloyd of Germany announced general rate increases.
UPS pilots challenge FAA rest rule’s cargo exclusion
The Independent Pilots Association will make oral arguments to the U.S. Court of Appeals today in a lawsuit challenging the Federal Aviation Administration’s exclusion of all-cargo operators from its new Flightcrew Member Duty and Rest Requirements.