Archives



May 2020

Wen-Parker Logistics Brings New Freighter Flights Direct from Vietnam

In an ongoing effort to fight the global coronavirus (COVID-19) pandemic, industry-leading apparel and footwear solutions provider Wen-Parker Logistics has begun chartering Ohio's first direct flights from Vietnam through Rickenbacker International Airport (LCK) in Columbus, Ohio. "This marks a major milestone for Wen-Parker, Rickenbacker and our region," said Bryan Schreiber, Manager, Air Cargo Business Development for the Columbus Regional Airport Authority. The Elmont, New York based Wen-Parker Logistics is now chartering flights ... [+]

Delivering life-saving supplies to fight COVID-19

Cool Chain Association (CCA) recently partnered with the charity Every Infant Matters, which is distributing vital supplies to homeless and jobless people in India and Africa, as well as PPE to hospital staff who can't afford it in the fight against the pandemic. everyinfantmatters.org was set up to provide last ... [+]

Hapag-Lloyd Financials

For the first quarter of 2020, Hapag-Lloyd recorded earnings before interest and taxes (EBIT) of US$176 million, which is below the corresponding prior-year figure of US$243 million. The Group net result declined to approximately US$27 million. Earnings before interest, taxes, depreciation and amortization (EBITDA) decreased slightly to US$517 million. “Despite the ... [+]

Maiden Call

On April 30, 2020, the Ocean Network Express Aquila made its first call at the Port of Long Beach. The 14,052-TEU vessel docked at the ITS terminal at Pier G, and was worked there by six gantry cranes [+]

NFTC Statement on Departure of WTO Director General

National Foreign Trade Council (NFTC) President Rufus Yerxa issued the following statement following the announcement by World Trade Organization (WTO) Director General Roberto Azevêdo that he will be stepping down before the end of his term: “I think Roberto Azevêdo has done an outstanding job of leading the WTO through a ... [+]

Port of Long Beach Handles Fewer Shipments in April

Economic effects of the COVID-19 pandemic continued to impact trade at the Port of Long Beach in April with fewer cargo containers moving through the nation’s second-busiest seaport. Dockworkers and terminal operators moved 519,730 TEUs last month, down 17.3% from April 2019, which remains the port’s busiest April on ... [+]

Port of Los Angeles Former Harbor Commission Passes

Jaime L. Lee, President, Los Angeles Board of Harbor Commissioners, issued this statement on May 13: "The Port of Los Angeles and Los Angeles Board of Harbor Commissioners are saddened to hear of the passing of S. David Freeman, a pioneer for environmental advocacy. As president of the Harbor Commission ... [+]

Railroad Traffic for Week Ending May 9

The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending May 9, 2020 For this week, total U.S. weekly rail traffic was 412,549 carloads and intermodal units, down 22.1% compared with the same week last year. Total carloads for the week ending May 9 were 185,144 carloads, down ... [+]

SC Ports works three large vessels, reports April volumes

S.C. Ports Authority worked three of the largest vessels to ever call on the Port of Charleston in April — the 13,200-TEU OOCL Chongqing, the 14,000-TEU Monaco Bridge and the 14,000-TEU APL Sentosa. S.C. Ports handled 176,152 twenty-foot equivalent container units (TEUs) at the Wando Welch and North Charleston container ... [+]

Yang Ming Financials

During its May 13 board meeting, Yang Ming Marine Transport Corporation revealed that consolidated revenues for Q1 totaled US$1.15 billion, a decrease of 1% compared to with US$1.14 billion in revenue from the same period of previous year. The company’s net loss, after tax, was US$27.15 million. The first ... [+]

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