Shipment volumes for the month grew 3.2 percent year-over-year, while expenditures rose 4.6 percent, according to the latest Cass Freight Index Report.
Heathrow Airport struggles with increasing cargo congestion, delays
Industry leaders have called for infrastructure changes as the airport has seen cargo volumes increase 10 percent in just one year, leading to congestion, delays and an inability to reach the airport’s cargo center, according to multiple media reports.
CBP turns up spotlight on forced labor in supply chains
U.S. Customs and Border Protection has stepped up its industry outreach to ensure that the country’s importers aren’t running afoul of legislation that prevents the importation of merchandise made by North Korean nationals under force.
PIL’s new 11,800-TEU vessels boost capacity on transpacific loop
Pacific International Lines’ (PIL) two new 11,800-TEU vessels, the Kota Pahlawan and the Kota Panjang, are replacing the carrier’s 8,531-TEU Navarino and 8,241-TEU YM Uniform on its AC5 service between Asia and the U.S.
FMCSA shuts down Georgia trucking company after fatal collision
Keep On Trucking, LLC was recently ordered to immediately cease all interstate and intrastate operations following a federal investigation into a fatal freeway accident allegedly caused by one of the company’s co-owners.
ICTSI profits tumble despite higher revenues, volumes in Q3 2017
Global port terminal operator International Container Terminal Services’ (ICTSI) net income totaled $45.7 million for the quarter, a 16 percent drop from the third quarter of 2016, according to the company’s most recent financial statements.
SCPA posts best October ever for container volumes
The South Carolina Ports Authority (SCPA) terminals in Charleston and Georgetown, S.C. handled 184,804 TEUs for the month, and container volumes at fiscal year-to-date (beginning in July) up 5 percent to 724,799 TEUs.
MPA Singapore revokes major bunker supplier’s licenses
The Maritime and Port Authority of Singapore has rescinded the bunker supplier and bunker craft operator licenses of Transocean Oil Pte Ltd, MPA Singapore said in a statement Monday.
Sensitech: U.S. cargo thefts up in volume, down in value in Q3 2017
The average loss value per incident in the third quarter fell 17 percent from the previous quarter to $117,137 amid a 24 percent increase in the number of theft incidents, according to data from Sensitech United Technologies.
Great Lakes iron ore shipments surge in September
Shipments of iron ore on the Great Lakes surged 23.4 percent for the month compared with the same period a year ago, bettering the month’s 5-year average by 8.5 percent, according to data from the Lake Carriers’ Association (LCA).