A new port navigation system consisting of 12 off-shore buoys and two land-based range markers, will allow for night time operations at the Liberian port for the first time in three decades, APM Terminals said in a statement.
The agriculture shipper advocate praised container weighing methods recently outlined by the Ocean Carrier Equipment Management Association and G6 Alliance carriers, saying terminals nationwide should adopt similar methods.
The Port of Oakland commissioners have unanimously awarded Executive Director Chris Lytle a new three-year contract, keeping him on board through July 2019.
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FedEx's freight forwarding arm has hired Cindy Allen, while Megan Montgomery will take over day-to-day management of the National Customs Brokers and Forwarders Association of America.
The U.S. Coast Guard bulletin regarding compliance with the International Maritime Organization's verified gross mass requirement "seems to allow for more flexibility," says Federal Maritime Commission Chairman Mario Cordero.
The European Central Bank may ask lenders to further increase loan-loss provisions and assign more capital against nonperforming debt.