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Trump directs USDOT to test integrating drones into national airspace

The U.S Department of Transportation and Federal Aviation Administration are expected to use the program in the development of a regulatory framework to allow more complex low-altitude operations, plus identify ways to balance local and national intere…

Shipping NewsPosted on: October 30, 2017

IMO climate talks conclude with no concrete CO2 reduction goals

The second intersessional climate talks held last week by the International Maritime Organization (IMO) concluded with a structural agreement, yet no details on CO2 reductions were finalized.

Shipping NewsPosted on: October 30, 2017

OOIL revenues jump 26% in Q3 2017

Orient Overseas International Ltd., parent of Hong Kong-based container carrier OOCL, posted revenues of $1.45 billion for the third quarter of 2017, up 26.5 percent from the corresponding 2016 period.

Shipping NewsPosted on: October 30, 2017

Port of NY/NJ box volumes skyrocket in September

The North Atlantic port handled 573,458 TEUs in September, a 15.2 percent increase from 12 months prior, back when 18,000-TEU ships were not able to sail beneath the Bayonne Bridge.

Shipping NewsPosted on: October 30, 2017

Germany considers selling Deutsche Bahn’s logistics arm

Germany’s Finance Ministry said in a document that a complete or partial sale of Schenker AG, the logistics arm of state-owned rail operator Deutsche Bahn, could be taken up again, according to a report from Reuters last week.

Shipping NewsPosted on: October 30, 2017

McKinsey report predicts autonomous 50k-TEU ships by 2067

Self-steering mega container vessels, overcapacity and industry consolidation could lead to further reduction in the number of shipping lines, as well as the extinction of the standalone freight forwarder, according to a new report from McKinsey & Co.

Shipping NewsPosted on: October 30, 2017

PHMSA seeks comments on ECP brake provision in hazmat tank car rule

The deadline for public comments to be received on a provision regarding electronically controlled pneumatic (ECP) brakes in a Pipeline and Hazardous Materials Safety Administration hazmat tank car final rule is 11:59 pm Eastern time, Nov. 1.

Shipping NewsPosted on: October 30, 2017

Echo grows Q3 earnings, revenues

Chicago-based freight broker and third-party provider Echo Global Logistics recorded a net income of $2.4 million on revenues of $509.5 million for the quarter, according to the company’s most recent financial statements.

Shipping NewsPosted on: October 30, 2017

ACI: Global YTD airfreight traffic rises 8.7%, monthly demand up 10%

North America recorded an 8.9 percent jump in domestic freight in August and a 10.7 percent jump in international freight during August, according to recent data from Airports Council International (ACI).

Shipping NewsPosted on: October 30, 2017

CN, NS launch new joint service aimed at reducing transit times around Chicago

Class I railroads Canadian National (CN) and Norfolk Southern (NS) have established a joint interline service to bypass interchange points in the historically congested rail hub of Chicago, reducing transit times by up to 48 hours.

Shipping NewsPosted on: October 30, 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
  • See Vintage Lord & Taylor Handbag Illustrations
  • 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

www.fasa.nyc

137 West 25th Street, 3rd Floor
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info@fasa.nyc
212-947-3424