AFN Logistics appoints vice president, customer supply chain; Virgin Atlantic Cargo names managing director; and Sandler, Travis & Rosenberg hires two compliance attorneys.
Survey: Most Americans don’t support air traffic control privatization
A survey conducted by Hart Research Associates found that 53 percent of respondents believe President Donald Trump’s proposal to shift the air traffic control function of the Federal Aviation Administration to a private, non-profit entity is a “bad idea.”
Rolls-Royce, Svitzer demo remotely operated tug tech
One of Svitzer’s tugs, the 92-foot Svitzer Hermod, conducted a series of remotely controlled maneuvers in Denmark’s Copenhagen harbor, Rolls-Royce said.
First liquefied gas barge built in U.S. in decades launched
The Harvest is the first complex liquefied ammonia transport barge built in the United States for the Jones Act trade since 1982.
Europe-wide dockworker strike planned for June 29
The International Dockworkers’ Council labor union said its members will conduct a two-hour labor strike as a show of solidarity with dockworkers in Spain.
iContainers: Ocean carrier cancellation fees could cause ‘nightmares’ for shippers
Although fines for no-show shipments are the right move for ocean carriers, for freight forwarders and non-vessel-operating common carriers, they could create a much larger challenge, according to Klaus Lysdal, iContainers VP of sales and operations.
JP Morgan raises $480m to invest in shipping industry
The investment fund is seeking to take advantage of the struggling shipping market by investing in modern vessels operating in sub-sectors that are experiencing substantial distress.
Drewry: Ocean Network Express will be sixth largest container carrier
The Ocean Network Express – consisting of Japanese ocean carriers “K” Line, MOL and NYK – will have a containership fleet of close to 1.4 million TEUs when it launches, giving it about a 7 percent market share based on today’s fleet, according to Drewry.
CMA CGM scoops up secondhand boxship
The French ocean carrier has purchased the 6,589-TEU Maule for $20.3 million, according to a report from maritime news outlet Splash 24/7.
UPS unveils new peak shipping charge
Meanwhile, UPS Freight rates are scheduled to increase by 4.9 percent effective June 26, the Atlanta-based parcel giant said.