The Red Sea port handled 398 vessels and 821,694 TEUs during the first half of the year, both increases of 14 percent from the corresponding 2016 period, according to recent port data.
Removing a softwood trade splinter
As NAFTA renegotiations get underway in Washington, Canadian policy makers are looking for a resolution to the long-festering softwood lumber trade dispute between the United States and Canada.
Grindrod mulls spinning off shipping business
The South African financial services and logistics provider’s board of directors is advocating separating the shipping segment from the balance of the group because the business’ value is not fairly reflected in the company’s share price.
Custom Wristbands’ online price-fixing fallout continues
The e-commerce company Custom Wristbands, along with its affiliates and chief executive, pleaded guilty in district court to a price-fixing scheme involving promotional products sold in the United States.
FMC reviews 13 OTI license applications
The U.S. Federal Maritime Commission has received 13 ocean transportation intermediary license applications and changes for review.
Report: NYK to test autonomous containership on transpacific voyage
For safety purposes, a human crew would be on standby while an NYK Line container vessel self-sails across the Pacific Ocean sometime in 2019, according to a report from Bloomberg Technology.
NAM urges states to oppose Ex-Im Bank nomination
The National Association of Manufacturers took to the airwaves this week in South Carolina, South Dakota and Nevada, urging citizens of those states to contact their senators to oppose Scott Garrett’s nomination to president of the U.S. Export-Import B…
Democratic senators express concern over DOT’s withdrawal of sleep apnea rule
Four Democratic senators are urging U.S. Transportation Secretary Elaine Chao to reconsider DOT’s withdrawal of a proposed rule that would have mandated testing commercial truck drivers and rail operators for obstructive sleep apnea.
CSX updates service metrics as part of ‘precision scheduled railroading’ transition
The Jacksonville, Fla.-based Class I railway has reevaluated and revised three key metrics – train velocity, terminal dwell and cars online – in an effort to “better reflect end-to-end railroad performance,” CSX CEO E. Hunter Harrison said in a statement.