Battle lines remain strong in Panama Canal contract fight

By Eric Kulisch and Jon Ross | Jan 22, 2014

The Panama Canal Authority and the consortium building the waterway’s new set of locks met Tuesday, with the contractor proposing a new arrangement to jointly finance ongoing construction while claims for cost overruns go through arbitration.

To attract demand in new market segments, the air cargo industry must improve its value proposition. Enabling modern processes with digitalization will help build a stronger foothold in e-commerce and the transport of time- and temperature-sensitive goods such as pharmaceuticals and perishables.

IATA Director General and CEO Alexandre de Juniac

Uncertainty over the cargo volumes in 2019 will continue due to the concerns on a global economic slowdown, Brexit, and the U.S.-China trade conflict.

New year marked by several shipping accidents

Two large ships are still on fire in the Pacific and Atlantic.

Jan 7, 2019

Trump says he again could delay raise in China tariffs

Section 301 tariffs across $200 billion worth of goods from China are set to rise from 10 percent to 25 percent on March 2, unless the U.S. and China can reach a deal.

Feb 18, 2019

Panalpina in talks with Agility as DSV sweetens its offer

The Swiss forwarding company Panalpina and Kuwait-based Agility talk “partnership opportunities” while the Danish firm DSV makes an all-cash offer for Panalpina.

Feb 15, 2019

Guidance issued for importers affected by ship fire

Customs and Border Protection said shipments on board the Yantian Express were in the process of being released prior to arrival in the U.S.

Feb 15, 2019

EU prohibits Siemens-Alstom merger

The European Commission cites competition concerns for blocking the proposed deal on Wednesday.

Feb 6, 2019

BIMCO sees ‘tough’ 2019 for long-haul container trade

Analyst predicts a slowdown in U.S. containerized imports and continuing shift to to East Coast ports.

Feb 20, 2019

Firms advised on different ways to mitigate 301 duties

A KPMG trade analyst during a webinar Tuesday outlined several measures companies subject to Section 301 duties might look into in order to remain competitive.

Feb 20, 2019

Fallout rises over proposed Saudi Arabia nuclear deal

The House Committee on Oversight and Reform exposes potential ethics violations by the White House in its support to export nuclear power equipment.

Feb 20, 2019

DP World intends to buy back P&O Ferries

Terminal operator’s move to strengthen its European short-sea presence follows last year’s acquisition of Unifeeder.

Feb 20, 2019

BeavEx files for bankruptcy, agrees to sell assets

TFI International agrees to $7.2 million purchase of the Atlanta-based express delivery service’s assets, including its Guardian Medical Logistics unit.

Feb 20, 2019

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Battle lines remain strong in Panama Canal contract fight
By Eric Kulisch and Jon Ross on Jan 22, 2014 — AmericanShipper.com

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Battle lines remain strong in Panama Canal contract fight
By Eric Kulisch and Jon Ross on Jan 22, 2014 — AmericanShipper.com

Battle lines remain strong in Panama Canal contract fight

Battle lines remain strong in Panama Canal contract fight

Battle lines remain strong in Panama Canal contract fight

Next Panama Canal administrator, deputy named

Vasquez, the new administrator, will take office in September; Espino de Marotta, who led the canal’s expansion program, will take office in January 2020.

Expanded Panama Canal has exceeded expectations

Containerships remain the top vessel, but the canal has seen an increase in LPG and LNG carriers since the expansion opened in June 2016.

Port of New Orleans sets container record

CEO Brandy Christian credits the Panama Canal expansion and growth in exports.

Panama Canal Authority posts 2018 highlight video

Cargo tonnage record among the milestones reached during the year.

Moss/Kiewit gets $471 million Everglades contract

The expansion project will lengthen the deepwater turnaround area by about 1,500 feet and allow for up to five new cargo berths.

FTR forecasts trucking spot rates to fall in 2019

Year-over-year contract rates are projected to increase and overall rates are expected to remain mostly flat this year.

Aircraft mechanics ratify new contract with UPS

After more than five years of negotiations, the pact includes an immediate 17.72 percent pay raise, the union says.

Trucking company charged with illegally hauling hazmat

Investigators allege Wiley Sanders Truck Lines carried lead-contaminated plastic battery chips without authorized packaging in California on three occasions.

‘Small uplift’ expected in contract freight rates

Drewry says carriers will focus on making sure they can recover higher fuel costs.

COSCO’s Finkel: Low rates make alliances necessary

Shipping line’s executive vice president of trade says U.S. trucking and rising ship fuel expenses are other concerns.

New year marked by several shipping accidents

Two large ships are still on fire in the Pacific and Atlantic.

Trump says he again could delay raise in China tariffs

Section 301 tariffs across $200 billion worth of goods from China are set to rise from 10 percent to 25 percent on March 2, unless the U.S. and China can reach a deal.

Panalpina in talks with Agility as DSV sweetens its offer

The Swiss forwarding company Panalpina and Kuwait-based Agility talk “partnership opportunities” while the Danish firm DSV makes an all-cash offer for Panalpina.

Guidance issued for importers affected by ship fire

Customs and Border Protection said shipments on board the Yantian Express were in the process of being released prior to arrival in the U.S.

EU prohibits Siemens-Alstom merger

The European Commission cites competition concerns for blocking the proposed deal on Wednesday.

BIMCO sees ‘tough’ 2019 for long-haul container trade

Analyst predicts a slowdown in U.S. containerized imports and continuing shift to to East Coast ports.

Firms advised on different ways to mitigate 301 duties

A KPMG trade analyst during a webinar Tuesday outlined several measures companies subject to Section 301 duties might look into in order to remain competitive.

Fallout rises over proposed Saudi Arabia nuclear deal

The House Committee on Oversight and Reform exposes potential ethics violations by the White House in its support to export nuclear power equipment.

DP World intends to buy back P&O Ferries

Terminal operator’s move to strengthen its European short-sea presence follows last year’s acquisition of Unifeeder.

BeavEx files for bankruptcy, agrees to sell assets

TFI International agrees to $7.2 million purchase of the Atlanta-based express delivery service’s assets, including its Guardian Medical Logistics unit.

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NEWSFLASH: A stronger Q4 for OOCL, but revenues still lag 2012

NEWSFLASH: A stronger Q4 for OOCL, but revenues still lag 2012

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Battle lines remain strong in Panama Canal contract fight