However, FMC Commissioner William P. Doyle, who voted against the amendment, said it is beyond the scope of the Shipping Act and harmful to the U.S. tugboat industry.
Former Commerce export control official joins Akin Gump
Washington law firm Akin Gump said Kevin J. Wolf, who most recently served as the Commerce Department’s assistant secretary for export administration, joined its international trade practice.
Georgia Ports Authority sets new record in 2016
In terms of loaded containerized cargo, the Georgia Ports Authority set a record for 2016, handling 2.95 million TEUs of loaded containers thorughout the year.
Report: Eimskip places order for up to six newbuild containerships
The Icelandic ocean carrier has entered into an agreement to purchase three 2,200-TEU ice-class vessels from Guangzhou Huangpu Wenchong Shipyard in China, with an option for three more, according to report from maritime news outlet Splash 24/7.
CSX stock hits 5-year high on Harrison takeover talk
Shares in the Jacksonville, Fla.-based Class I railroad jumped 23.4 percent on Thursday to close at $45.51 following reports outgoing Canadian Pacific CEO E. Hunter Harrison could be eyeing CSX as his next landing spot.
Governmental Notices January 14th – January 20th, 2017
The following governmental notices published this week may be of interest to our members and the trade. Among the items released: APHIS’ Rules concerning the Biennial Review of the Agricultural Bioterrorism Protection Act of 2002 and the Importation of Beef from Region in Argentina, Proposed Rules addressing Imports of Hass Avocados…
Schiphol airfreight volumes up 2.5% in 2016
Amsterdam Airport Schiphol reported a cargo throughput of 1.66 million metric tons for the full year in 2016, a 2.5 percent increase compared with 2015 and a record for the airport.
Truckload rates drop again in December
Truckload pricing dipped another 0.9 percent for the month compared to December 2015, the tenth consecutive month of year-over-year declines, according to the latest Cass Truckload Linehaul Index.
Intermodal rates rise for third straight month in December
Intermodal pricing increased 1.5 percent for the month compared with the same 2015 period, just the third year-over-year increase since December 2014, according to the latest Cass Intermodal Price Index.