Port Authority of New York and New Jersey names new executive director and board of commissioners chairman, Foss Maritime hires chief commercial officer, and ATA names executive director of the Intermodal Motor Carrier Conference.
Special Coverage: Farm-to-waybill movement
Shippers at the Agriculture Transportation Coalition (AgTC) conference voice concerns over container industry consolidation, lack of carrier communication and dedicated customer service reps, demurrage fees, and varying port terminal hours.
Ocean Transport: Environmental uncertainty
The global shipping industry seems to be saying all the right things when it comes to reducing its impact on the environment, but when it comes to implementing consistent standards to meet stated goals, uncertainty abounds.
House Rep. introduces first C-TPAT reauthorization
U.S. Rep. Martha McSally, R-Ariz., has filed legislation that reauthorizes the Customs Trade Partnership Against Terrorism program for the first time in 11 years and aims to increase security and cut down wait times at ports of entry.
Brazil ending exclusionary maritime shipping agreement with Chile
The agreement, which was established in 1975, now expires in January 2020, at which point the transport of goods between Chile and Brazil could be carried out on ships of any flag.
USCG: Matson’s Aloha Class vessels U.S.-built despite foreign components
The U.S. Coast Guard’s National Vessel Documentation Center has determined the two Matson containerships currently under construction at Philly Shipyard, Inc. to be U.S.-built and therefore eligible for trade under the Jones Act.
U.S. GDP growth picks up steam in Q2 2017
United States gross domestic product increased 2.6 percent in the second quarter of 2017, more than double the revised 1.2 percent growth rate the previous quarter, according to the “advance” estimate from the Department of Commerce.
Seaspan profits, revenues sink in Q2 2017
The Hong Kong-based containership lessor’s net earnings fell 22.4 percent for the quarter from the corresponding 2016 period, while revenues fell 8.8 percent thanks to lower average charter rates for vessels that were on short-term charters.
EC approves PSA, TIL merger at Antwerp terminal
The European Commission announced the approval of the proposed merger between terminal operators PSA and Total Investment Limited for the PSA DGD Deurganck terminal at the Port of Antwerp.
Aramex posts 4% Q2 revenue growth
The Dubai-based express carrier and third-party logistics provider’s net profits, however, dropped 23 percent to 97 million Emirati dirham compared with the second quarter of 2016, according to the company’s most recent financial statements.