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CMA CGM posts new rates from Mediterranean to USEC, USGULF

Here are the new CMA CGM Freight All Kinds (FAK) rates(*) applicable as from April 1st, 2020 (date of loading in the origin ports) until further notice: These new FAK rates will apply as follows: • Origin Range: From Mediterranean ports: Malta, France (Fos/Marseilles), Italy, Spain and via said ports (Albania, Algeria, Bulgaria, Cyprus, Croatia, Georgia, Greece, Lebanon, Libya, Morocco, Romania, Russia, Slovenia, Tunisia, Turkey, Ukraine) excluding ... [+]

Lost Creek Rock Products Coastal Reload Yard Opens on North Spit

The Oregon International Port of Coos Bay announces the opening of the Lost Creek Rock Products Coastal Reload Yard on the North Spit in Coos County, Oregon. This multimodal, multi-commodity rail to truck and truck to rail terminal will serve the entire Southern Oregon Coastal ... [+]

DP World decides to delist

Drewry Shipping Consultants Limited recently report that DP World has recently announced its intention to delist from Nasdaq Dubai citing the board’s decision that the disadvantages of remaining listed outweigh the advantages. Even though Drewry executives share the company’s view, they state that they ... [+]

Port Everglades Construction New Start A Major Milestone

Federal, state and local elected officials joined local business leaders to welcome the news that Broward County’s long-awaited Port Everglades Navigation Improvements Project to deepen and widen the Port’s navigational channels can now begin with $29.1 million in funding under the U.S. Army Corps of ... [+]

Toledo Port Authority Receives $16 million Port Infrastructure Development Grant from MARAD

The Toledo-Lucas County Port Authority received a $16 million grant awarded through the US States Maritime Administration (MARAD) Infrastructure Development Grant Program. These grant funds will allow the Port Authority to reconstruct and upgrade the dockwall at the Port of Toledo’s General Cargo Dock, ... [+]

POLB Cargo Volumes Dip in January

Cargo volume was down slightly in January at the Port of Long Beach, compared to the same month in 2019. Terminal operators and dockworkers moved 626,829 twenty-foot equivalent units (TEUs) last month, down 4.6% compared to January 2019. Imports decreased 4.3% to 309,961 TEUs, while exports ... [+]

Forwarders, Hauliers now have the Clarity Needed to Start Preparing for Post-Brexit Customs Changes

Forwarders and hauliers now have enough clarity to start preparing for a post-Brexit business landscape, according Peter MacSwiney, chairman of Customs clearance solutions provider Agency Sector Management (ASM). There is limited time to implement the systems needed to tackle trade friction following the UK Government’s announcement ... [+]

NYSHEX Enhancement Guarantees Direct Container Shipping Service Contracts

The New York Shipping Exchange (NYSHEX), whose vision is to increase ocean reliability through more effective digital contracting, announces the launch of an enhancement allowing shippers and carriers to utilize the NYSHEX framework and technology to secure, monitor and enforce ocean contracts signed outside of ... [+]

Port of Los Angeles Sees Volumes Decrease 5.4% in January

The Port of Los Angeles moved 806,144 Twenty-Foot Equivalent Units (TEUs) in January, a 5.4% decrease compared to last year. “We anticipated that tariffs would continue to impact cargo volumes as we moved into 2020, and our January volumes reflect that ongoing trend,” said Port ... [+]

Rep. Scalise Announces $85 Million for Deepening Mississippi River

House Republican Whip Steve Scalise (R-La.) announced that the U.S. Army Corps of Engineers 2020 Work Plan includes critical funding for infrastructure projects in Louisiana, including $85 million to deepen the Mississippi River to 50 feet. "After years of hard work, I'm very glad that the ... [+]

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