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APL sees strong demand for guaranteed services

APL CEO Nicolas Sartini wants his company to successfully differentiate itself from competitors amidst a high-demand industry, and hopes the ocean carrier’s recently-announced guaranteed services solution will do just that.

Shipping NewsPosted on: October 18, 2017

Executive Moves: DB Cargo, LOC Group and KCS

DB Cargo AG CEO to resign at the end of October; LOC Group appoints CEO and group deputy chairman; and KCS names vice president, health, safety and environmental.

Shipping NewsPosted on: October 18, 2017

Indian regulators approve Mahindra Logistics IPO

The third-party logistics (3PL) solutions provider will offer 19.33 million shares in an initial public offering for an expected return of $107 million, .

Shipping NewsPosted on: October 18, 2017

Jeddah’s Red Sea Gateway Terminal recieves four super post-Panamax cranes

The Middle Eastern transshipment hub port has completed its $35 million expansion project with the delivery of four new super post-Panamax cranes, the terminal stated via social media.

Shipping NewsPosted on: October 18, 2017

St. Lawrence Seaway experiences tonnage growth through September

Ports along the St. Lawrence Seaway handled 24.3 million metric tons of cargo between March 20 and Sept. 30, an increase of nearly 3 million metric tons over the same period last year, spurred by strong growth in iron ore shipments.

Shipping NewsPosted on: October 18, 2017

“K” Line, Agunsa form Latin American automotive logistics company

The Japanese ocean carrier and Chilean logistics firm have created a joint venture, KAR Logistics, to serve the growing car import market in Chile and the surrounding area.

Shipping NewsPosted on: October 18, 2017

NAFTA negotiators struggle to reach consensus on deficits, manufacturing

U.S., Canadian, and Mexican government officials charged with renegotiating the North American Free Trade Agreement (NAFTA) expressed disappointment in the outcome of the fourth round of the talks completed on Tuesday, but vowed to stay at the table.

Shipping NewsPosted on: October 18, 2017

Panama Canal sets FY cargo tonnage record

A total of 13,548 vessels transited the Central American waterway during FY 2017, a 3.3 percent increase compared to the previous fiscal year’s total, according to statistics from the Panama Canal Authority (ACP).

Shipping NewsPosted on: October 17, 2017

Maersk COO: Maritime shipping industry could consolidate further

Maersk Chief Operating Officer Soren Toft said that as growth in the shipping industry slows, merger and acquisition activity may begin to pick up again, according to a report from the Straits Times.

Shipping NewsPosted on: October 17, 2017

ITC: U.S. economy would save $3.3b if import tariffs ended

The typical American household could save between $54 to $288 a year if import tariffs, which still “represent a significant friction to trade,” were removed, according to a new report from the U.S. International Trade Commission (ITC).

Shipping NewsPosted on: October 17, 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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  • 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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info@fasa.nyc
212-947-3424