Three Priorities for Air Cargo From Tony Tyler, IATA’s Director General and CEO at the opening of the 9th World Cargo Symposium in Shanghai, China. “Air cargo has had a challenging few years. 2014 saw the first significant boost in volumes since 2010, a trend we expect to continue this year. Revenues, however, are still down from the 2011 peak, and yields are falling for … [Read more...]
From Officials of LA/Long Beach: 3 Months to Clear Congestion
From Officials of LA/Long Beach: 3 Months to Clear Congestion On Tuesday at the 15th annual TPM [Trans Pacific Maritime] conference, top port officials said that it will take three months for the nation’s two busiest seaports to clear the backlog of thousands of cargo containers. From Port of Los Angeles Executive Director Gene Seroka, it will take about three … [Read more...]
LA-Long Beach – Chassis Pool Deal
LA-Long Beach - Chassis Pool Deal From JOC: Three major chassis providers finalized an agreement that should guarantee equipment availability and eliminate the cost of shuttling the chassis' among 11 of the 13 container terminals. From Port of Long Beach News: Three companies that own the vast majority of chassis serving the San Pedro Bay ports are on track to … [Read more...]
Russian Sanctions: Licensing Policy for the Crimea Region of Ukraine
Russian Sanctions: Licensing Policy for the Crimea Region of Ukraine From BIS: The Bureau of Industry and Security (BIS) issues this final rule to amend the Export Administration Regulations (EAR) to impose additional sanctions that implement U.S. policy toward Russia. Specifically, in this rule BIS amends the EAR by imposing a license requirement for the export and … [Read more...]
West Coast Ports: Most Now Have Normal Operations
West Coast Ports: Most Now Have Normal Operations Most West Coast ports were busy with activity this week as full crews were ordered by the marine terminals. The ILWU dispatch halls are filling all of the orders. Craig Merrilees a union spokesman said: “ILWU members up and down the coast are working to load and unload vessels as quickly and safely as possible.” The PMA … [Read more...]