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OOIL boosts profits in 2015 despite declining revenues

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.

Shipping NewsPosted on: March 7, 2016

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.

Shipping NewsPosted on: March 7, 2016

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.

Shipping NewsPosted on: March 7, 2016

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.

Shipping NewsPosted on: March 7, 2016

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.

Shipping NewsPosted on: March 7, 2016

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.

Shipping NewsPosted on: March 7, 2016

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.

Shipping NewsPosted on: March 7, 2016

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.

Shipping NewsPosted on: March 7, 2016

GRI Roundup: CMA CGM and Hapag-Lloyd

Ocean carriers CMA CGM of France and Hapag-Lloyd of Germany announced general rate increases.

Shipping NewsPosted on: March 7, 2016

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.

Shipping NewsPosted on: March 7, 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