The London-based shipping research and consulting firm is predicting imports from Asia to East Coast of North America ports will outpace those shipped to West Coast of North America ports in 2017.
U.S. transportation sector adds another 3,500 jobs in March
Transportation and logistics employment showed continued growth in March 2017 following a revised gain of 8,100 positions in February, according to recent preliminary data from the U.S. Department of Labor.
Senators reintroduce bill to address surface, maritime security concerns
Bipartisan legislation was reintroduced last week to address deficiencies in the Transportation Security Administration’s (TSA) efforts to protect rail, transit, highway, and maritime passenger and freight transportation.
UASC ship runs aground off Port Kelang
The 13,500-TEU Umm Salal ran aground Thursday afternoon while en-route to Khor Fakkan, Splash 24/7 reported.
CEVA, ANJI Automotive renew joint venture
The renewal will extend the life of the venture for another 15 years, and will expand the business scope to non-automotive contract logistics in China and Hong Kong, the companies said.
Commentary: Near sourcing isn’t a trend; it’s a strategy
Several factors – from rising labor costs in China, to the “Amazon Effect” and tough talk on tariffs – are accelerating the shift towards near sourcing as a viable manufacturing strategy, according to TOC Logistics International President Gary Cardenas.
Corpus Christi cancels plan for container terminal
A planned container facility at the La Quinta Trade Gateway is no longer a viable option due to its proximity to a residential area.
Trucking operators urge Congress to increase infrastructure investment
FedEx Freight President and CEO Mike Ducker and Werner Enterprises President and CEO Derek Leathers told a Senate subcommittee the U.S. must invest more in its roads and bridges for the trucking industry to continue to operate safely and efficiently.
Greenbrier inks railcar deal with MUL exceeding $1b
Meanwhile, the Lake Oswego, Ore.-based transportation equipment manufacturer recorded a 38 percent year-over-year boost in revenues for the quarter ending Feb. 28, 2017, fueled by higher wheel volumes and externally sourced railcar syndications.
Record penalty assessed for Jones Act violation
Furie Operating Alaska has agreed to pay $10 million for transporting an oil rig from the Gulf of Mexico to Alaska on a foreign-flag ship.