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The Federal Aviation Administration has proposed civil penalties ranging from $54,000 to $63,000 against four companies for allegedly violating the country’s hazardous materials transport regulations.
New sections and bypasses in the 72-kilometer stretch of the waterway will reduce waiting time and transit times, according to Suez Canal authorities.
July export container volumes at the Southern California port increased 15.9 percent from last July, despite the strong dollar, which made U.S. exports more expensive overseas.
An informal poll of private carriers by Stifel's transportation group found that carriers have been able to push through contract price increases in the 4 to 8 percent range despite lower than expected demand.
CMA CGM, UASC and CSCL, members of the Ocean3 Alliance, have added vessels and increased total rotation time on its Asia-North Europe AEX7/AEC8 and Asia-Mediterranean MEX loops, according to BlueWater Reporting.
A new whitepaper by American Shipper, in collaboration with the Virginia Maritime Association, tackles some of the thorny problems behind cargo delays at key U.S. ports.