The inland Oklahoma cargo port handled 29 percent more tonnage in April 2017 than in the same 2016 period, according to recent port figures.
House T&I Committee proposes new restriction on liner carriers
Under a proposed reauthorization bill for the Federal Maritime Commission, container carriers would have to chose between belonging to shipping alliances or rate discussion agreements.
State AGs call for crude oil volatility standards
A coalition of six state attorneys general called on the Pipeline and Hazardous Materials Safety Administration to adopt a standard requiring that all crude oil transported by rail in the U.S. achieve a vapor pressure of under 9.0 pounds per square inch.
Executive Moves: Roadrunner, USA Truck, Crete Carrier and Port of Long Beach
Roadrunner names executive vice president, chief financial officer, USA Truck hires vice president, chief technology officer, Crete Carrier names president of Crete Carrier and Shaffer Trucking, and the Port of Long Beach gains deputy executive director.
AAPA weighs in on Trump’s FY2018 budget
The American Association of Port Authorities says members are concerned about declines in federally funded port programs in the proposed fiscal 2018 budget, but encouraged by plans to support $1 trillion in infrastructure over 10 years.
Port Everglades gets approval for $437.5m expansion
The South Florida port will initiate a two-part expansion project to build five more berths and extend gantry crane infrastructure to accommodate larger vessels.
Target CEO takes aim at BAT proposal
Retail giant Target’s chief executive Brian Cornell warned lawmakers on the House Ways and Means Committee during a hearing Tuesday that implementation of a border adjustment tax would hurt middle class Americans more than anyone else.
CMA CGM issues booking cancellation fee
The French ocean carrier will implement a $150 booking cancellation fee from North Europe to the Red Sea, Middle East, India, Pakistan and Sri Lanka.
Agility aims to reenter U.S. logistics contracts
With Agility’s agreement to a misdemeanor in connection to a single $551 invoice and no criminal fine, the Kuwait-based third-party logistics services provider is another step closer to resuming its pursuit of new U.S. government contracts.
Navios upbeat despite growing losses in Q1
According to Angeliki Frangou, chairman and CEO of the Piraeus-based ocean carrier, thanks to a recovering market, Navios is “positioned to enjoy substantial free cash flow from an increase in charter rates.”