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Amazon to open fourth fulfillment center in Maryland

The e-commerce giant will open its fourth fulfillment facility in Baltimore’s Sparrow Point industrial complex, the third facility within Baltimore city limits, Amazon announced Tuesday.

Shipping NewsPosted on: November 8, 2017

Lawmakers introduce sugar trade policy reform bill

The Sugar Policy Modernization Act, which was proposed simultaneously this week in both the House and Senate, would require the sugar industry to pay back any taxpayer dollars they receive when they forfeit on government loans.

Shipping NewsPosted on: November 8, 2017

Kirby Corp. Q3 earnings tank amid increased revenues

The Houston-based tank barge operator performed better than expected during the quarter as several tailwinds more than offset the negative impacts from hurricanes, according to president and chief executive officer David Grebinski.

Shipping NewsPosted on: November 7, 2017

U.S. beef exports hold strong in September

Japan was the leading market for U.S. beef exports in terms of volumes and value during the month, despite its recent duty rate increase on imports of frozen U.S. beef.

Shipping NewsPosted on: November 7, 2017

Port Everglades readies for expansion amid record FY2017 box volumes

Florida’s leading perishables seaport also welcomed the first shipment of Colombian Hass avocados into the United States on Monday.

Shipping NewsPosted on: November 7, 2017

CMA CGM to use LNG for 22,000-TEU mega-ships

The French ocean carrier reveled its nine future 22,000-TEU containerships, all of which are slated for delivery in 2020, will be equipped with engines that will run primarily on liquefied natural gas (LNG).

Shipping NewsPosted on: November 7, 2017

Report: CSX may cancel Carolina Connector terminal

The Jacksonville, Fla.-based Class I railway may be backing away from its previously announced plans to develop an intermodal rail terminal neat Rocky Mount, N.C., according to multiple media reports.

Shipping NewsPosted on: November 7, 2017

ICS seeks ‘zero CO2 emissions’ for ocean shipping

The International Chamber of Shipping (ICS), which represents shipowners’ associations covering more than 80 percent of the world’s maritime fleet, says the elimination of carbon emissions from oceangoing vessels is achievable by the end of this century.

Shipping NewsPosted on: November 7, 2017

COSCO Shipping Intl. puts its money on Cogent Holdings, PT Ocean Global

The investment arm of China COSCO Shipping has agreed to a $490 million cash buyout for logistics firm Cogent Holdings as well as a 40 percent stake in shipping company PT Ocean Global, reported multiple media sources.

Shipping NewsPosted on: November 7, 2017

Drewry: Dry bulk charter rates to recover beginning in Q2 2018

Increased Asian iron ore demand is expected to lead to “a bright future” in the dry bulk charter market, according to Rahul Sharan, lead dry bulk shipping analyst for the London-based global shipping consultancy Drewry.

Shipping NewsPosted on: November 7, 2017

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  • Gemini Shippers joins coalition seeking suspension of detention and demurrage charges
  • FMC Commissioners Discuss Ocean Carrier Issues, Global Alliances, and Market Developments
  • Section 301 updates
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  • Fashion Industry to Meet Post-Midterm Elections to Discuss Expected Impact on Trade & Business Outlook
  • Accessories Council Introduces Its Business Workshop on Nov 15
  • Americans for Free Trade coalition urges USTR to extend exclusions for products covered by the Section 301 China tariffs before they expire
  • Gemini Shippers Group joins assocition in letter to USTR on Vietnam Section 301 tariffs.
  • Federal Maritime Commision – Covid-19 Supply Chain Investigation Shifts Focus to NY/NJ in Phase Two
  • ONE reports $192 million loss in second quarter
  • C.H. Robinson’s net income jumps by over 46 percent
  • ITC weighs testimony in aluminum AD/CVD case
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Fashion Accessories Shippers Association

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