Category Archives for Industry News

Milan-Charleston LCL service set to launch amid weak volume growth on trade CaroTrans is launching a new weekly, direct less-than-container-load service from Milan to Charleston starting next month, amid weak westbound volume growth on the trade lane. U.S. containerized imports from the Mediterranean rose 0.5 percent in the first four months of 2015, while export […]

Colombo International Maritime Conference to address growing regional trade potential Ninety per cent of the world’s trade is moved through shipping and is considered as the wheels of global trade. It helps the global economy propel and develop new markets to create wealth among nations. In this context, Sri Lanka known to be a historical […]

Asia-Europe rates shed 80 percent in a year, SCFI data shows HONG KONG — Asia-Europe freight rates are now 82 percent lower than at the same time last year, dropping by 15.6 percent this week to settle at the latest record low of $205 per 20-foot container, according to the latest reading of the Shanghai […]

Swire, Rickmers-Linie form India, Mideast partnership Swire Shipping, the liner shipping division of China Navigation, is teaming up with Rickmers-Linie, the breakbulk and heavy-lift carrier, to enhance services in India and the Mideast. A connecting carrier partnership will allow Swire to link breakbulk and project cargoes in India and the Middle East, through Rickmers-Linie operations, […]

Sanctions, oil price drop rattle Russian container shipping industry ST PETERSBURG — Western sanctions and the fall in oil prices that devalued the rouble have devastated Russian container volume and sent shockwaves through the sectors dependent on the business. But there is some hope that fortunes will begin to improve in the coming months. Container volume […]

Airbus ships first components by sea to Mobile port Airbus is using multipurpose ships to transport large components from Hamburg, Germany, to Mobile, Alabama, for production of the European aircraft manufacturer’s first U.S.-built planes. Traditionally, Airbus has used air freight for transportation of components between its European plants. The company began moving some components by […]

CaroTrans launches new US-Japan export service CaroTrans is launching a new weekly less-than-container-load service between Southeastern U.S. and Japanese markets, cutting out transshipment and avoiding congestion at ports in Los Angeles and Busan. The New Jersey-based non-vessel operating common carrier said Wednesday the new service will take cargo from Atlanta, Georgia to a slew of […]

Car carrier operator to pay 0,000 in pollution case Car carrier operator AML Ship Management GmbH was sentenced to pay $800,000 in fines and community service payments for illegally discharging oily bilge water off the Alaskan coast and presenting false records to the U.S. Coast Guard. The company admitted that its vehicle carrier City of […]

The latest earnings from UPS reveal two trends that might at first seem contradictory: e-commerce is growing in leaps and bounds globally, and customers are choosing to defer delivery on packages to get greater savings. Surely, as the holiday delivery debacle at UPS seemed to show, people ordering online want their… Source: New feed

Miami, FL (January 23, 2014)…International trade law firm Sandler, Travis & Rosenberg, P.A. (ST&R), announced today the addition of Los Angeles-based customs authority Tom Gould as Senior Director, Customs and International Trade.“We’re exceptionally pleased that Tom has joined the firm,” said ST&R Founding Partner Lee Sandler. “Tom is a noted… Source: New feed