Gary G Burrows
French ocean carrier CMA CGM has announced peak season surcharges, effective Jan. 1 from European ports to U.S. and Canadian ports and inland destinations.For all cargoes except out-of-gauge, or OOG, and before breaking bulk, or BBB, the surcharge will be US$250 per 20-foot containers and US$500 per 40-foot standard and high cube, and 45-foot boxes, from these port regions:• From Mediterranean ports including France (Fos/Marseilles), Portugal, Italy, Spain (Algeciras, Valencia, ...
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U.S. trucking companies were T-boned by US$165 billion in nuclear verdicts, or jury awards of more than $10 million, in 2023, according to a report from Marathon Strategies.Overall, U.S. juries ordered companies in 47 different industries to pay a nuclear verdict last year, in a report by Krystyna Shchedrina of ...
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Swift Navigation, a provider of positioning technologies, and CHC Navigation, a global navigation satellite systems, or GNSS, services provider, have joined forces .The partnership intends to integrate Swift’s Skylark Precise Positioning Service with CHC Navigation’s GNSS receivers, delivering reliable and cost-effective centimeter-accurate positioning to unlock the next generation of location-based ...
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Russia could continue to see declining seaborne dry bulk exports through the first half of 2025, due to coal price competitiveness and a fall in wheat volumes, according to a BIMCO shipping analyst.Through November, Russia has seen dry bulk exports decline 5 percent year over year, driven by a 10 ...
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The International Air Transport Association, or IATA, said global air cargo markets showing continued annual growth in demand in October.Total demand, measured in cargo tonne-kilometers, or CTKs*, rose 9.8 percent compared to October 2023 levels (10.3 percent for international operations) for a 15th consecutive month of growth, said IATA, which ...
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Global logistics provider GEODIS announce its new strategic plan, Ambition 2027, to project the group into the future, while building on its achievements and continuing to focus on providing customers “innovative, sustainable and ethical logistics.”A continuation of the previous plan covering the period from 2018 to 2023, Ambition 2027 is ...
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Descartes Systems Group, the Canadian software-as-a-service solutions provider, report strong results for its fiscal third quarter ended Oct. 31, as it assimilates two acquisitions from the previous quarter.Revenue for the quarter ended Oct. 31, was US$168.8 million, up 3 percent from the third quarter of fiscal year 2024, as income ...
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CMA CGM, the French ocean shipping giant, said it will implement a Panama Canal transit surcharge from the Far East to U.S. East Coast and U.S. Gulf, effective Jan. 2.The Panama Canal Authority with the new year introduced a new booking reservation system, the Long-Term Slot Allocation, or LoTSA, to ...
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President-elect Donald Trump said one of his first executive order when he takes office Jan. 20 will charge neighbors Mexico and Canada 25 percent tariffs on all products coming into the United States.Separately, Trump said he would also impose a 10 percent tariff on all goods originating from China – ...
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Port Houston handled 3.43 million 20-foot equivalent units, or TEUs, through October of this year a 7 percent improvement from last year, despite a double-digit dip in monthly volume.The Gulf port handled 309,623 TEUs in October, down 15 percent, though volumes are expected to be solid through the end of ...
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