November 2016
The Federal Maritime Commission (FMC) has concluded its review of the proposed OCEAN Alliance, FMC Agreement No. 012426, and allowed it to become effective on Monday, October 24, 2016.
The announcement follows an exhaustive review process by the Commission that thoroughly examined all aspects of the proposed agreement to assure that competition in the ocean transportation industry would not suffer. Commissioners and Commission staff extensively engaged filing counsel on a number ...
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“We fully expect to top last year’s container volume with another record year in 2016,” reported Port of Houston Authority Executive Director Roger Guenther to the Port Commission during a recent meeting. The Port Authority has handled more than 1.6 million TEU through its container terminals to date this year, ...
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Swiss watch exports are in their longest slump since monthly records began in 1988 after lower shipments to Hong Kong led a decline in September.
Exports dropped 5.7% to $1.7 billion.
“We’re seeing export data flatten out, but there’s no trend reversal apparent,” said Alessandro Migliorini, an analyst at Mirabaud Securities LLP. ...
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Air cargo leaders and regulators from across the globe pledged to work more closely together to ensure a more efficient, safer air cargo supply chain on the opening day of TIACA’s Air Cargo Forum (ACF) in Paris, France.
The air cargo community must work towards a paperless environment to ensure the ...
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CaroTrans now offers Northern Europe service connection with the addition of a direct Atlanta-Gothenburg LCL service, effected October 31, 2016. The service has a 21-day transit time. A Gothenburg to Atlanta service will follow in an upcoming month.
CaroTrans, with its dedicated partner Nordicon, a leading neutral, NVO consolidator in the ...
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DP World Limited handled 47.5 million TEU across its global portfolio of container terminals during the first nine months of 2016, with gross container volumes growing by 2.2% on a reported basis, and up 1.0% on a like-for-like1 basis.
Its European and Indian subcontinent terminals continue to deliver a robust performance, ...
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Work could begin next month to nearly double the size of the Port of Oakland’s second-largest marine terminal. TraPac LLC said today it’s ready to begin construction on a 57-acre expansion at the Port’s Outer Harbor. The Board of Port Commissioners approved the project at a meeting Oct. 27.
TraPac has ...
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SalSon Logistics, a transportation industry leader in intermodal drayage and full-service logistics, is proud to welcome the management team of V-Ann Trucking to its Newark Headquarters. The principals from V-Ann Trucking, which recently discontinued its operations in South Kearny, NJ, will continue serving their customers through SalSon, both in New ...
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After the resolution by the board of directors of each company held on Oct. 31, three Japanese shipping giants -- Kawasaki Kisen Kaisha, Ltd. (K-Line), Mitsui O.S.K. Lines Ltd., and Nippon Yusen Kabushiki Kaisha have agreed to merge, subject to regulatory approval from authorities.
The lines plan to establish a new ...
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