The sanctions on North Korea indirectly affected the port’s profitability, given that its core commodities were traded with North Korea, the South China Morning Post reported.
NWSA YTD container volumes rise despite October decline
Through the first 10 months of 2017, container throughput at the Northwest Seaport Alliance (NWSA) ports of Seattle and Tacoma rose 4 percent compared to the same 2016 period, but October’s volumes slipped 2 percent compared to the same month last year.
Kraft Heinz taps FourKites for visibility, temperature monitoring
The food and beverage giant will use FourKites’ visibility and temperature-monitoring solutions for its North American trucking, rail, and parcel shipments.
Executive Moves: Panalpina and MIQ Logistics
Panalpina’s chief operating officer and executive board member resigns; and MIQ Logistics appoints vice president, global business development.
Trucking lawsuit accuses Indiana Dept. of Revenue of unauthorized fee collection
Attorney Jim Bopp has filed a lawsuit on behalf of the Small Business in Transportation Coalition, accusing the state of Indiana of collecting unauthorized fees from hundreds of thousands of truckers.
PMSA: Container traffic rises 8% at major West Coast ports in September
Further growth was stymied by a 15.3 percent fall-off in inbound volumes at the Northwest Seaport Alliance (NWSA) ports of Seattle and Tacoma, according to Pacific Merchant Shipping Association (PMSA) data.
Asia-West Africa trade recovering in 2017
Container volumes on the trade have increased so far this year compared with the same 2016 period, and Drewry has projected modest growth potential on the trade in 2018.
ZIM completes paperless blockchain bill of lading pilot
The Israeli ocean carrier has successfully completed the first blockchain pilot for paperless bills of lading using tech firm Wave’s application and network, ZIM said in a statement.
Tesla unveils all-electric semi
CEO Elon Musk unveiled the long-awaited Tesla Semi on Thursday and already has multiple orders for the Class 8 truck, which will go into production in 2019, but many questions about its viability for long-haul operations remain unanswered.
FMC reviews 12 OTI license applications
The U.S. Federal Maritime Commission has received 12 ocean transportation intermediary license applications and changes for review.