The S.C. Ports Authority has spelled out how it will use on-terminal scales to help shippers comply with new SOLAS rules for declaring the accurate weight of containers to their ocean carrier.
Matt Cox, chief executive officer of the Jones Act ocean carrier, says he would not be surprised if industry losses in 2016 exceed $10 billion, but Matson, which operates primarily between the U.S. mainland, Hawaii and Alaska, has limited exposure.
Air cargo volumes have been hindered by sluggish global trade growth and the falling load factor is continuing to keep intense pressure on freight yields and revenues, according to the International Air Transport Association.
Registration takes less than 1 minute.
Meanwhile, a global survey from the London-based Federation of National Associations of Ship Brokers and Agents finds many countries have failed to take action at national level to ensure the IMO container weight requirement can be met.
MOL announces management promotions, while Cargomatic names two VPs and Norfolk Southern appoints HR VP and board audit committee chair.
AAPA elects Port of Pascaguola director incoming chairman, while UPS appoints chief sustainability officer and Flagler Global Logistics names new president.