Feed items
Port of Prince RupertA commissioner with a U.S. agency probing whether Canadian ports on the West Coast are luring lucrative cargo business away from their American counterparts says the problem may be minimal.
The Canadian government and other officials have told the Federal Maritime Commission that over a period of 10 years, only 2.5 per cent of U.S.-bound cargo was imported through Canadian ports, the agency’s representative said.
But the matter has been a simmering trade irritant between the U.S. and Canada ever since a pair of senators from Washington state complained that Canadians are unfairly subsidizing the diversion of cargo ships away from their American competitors, particularly in Prince Rupert.
More in the Vancouver Sun
Neptune Orient Lines Ltd. (NOL), Southeast Asia’s biggest container shipping company, gained the most in almost a week after the spot rate for hauling cargo to the U.S. west coast jumped to the highest in two years.
Neptune Orient rose 2.9 percent to close at S$1.08 in Singapore. China Shipping Container Lines Co. (2866), the country’s second-biggest shipping company, jumped 11 percent to HK$1.93 in Hong Kong, the biggest gain since May 15.
Hanjin Shipping Co. (117930), South Korea’s biggest shipping line, climbed 5.8 percent to 13,700 won in Seoul, the most since May 22. Orient Overseas International Ltd. (316), the largest in Hong Kong, jumped 7.6 percent to HK$40.45, the biggest advance since Feb. 1.
More at Business Week
Zim news release:
ZIM would like to inform that as of July 1st 2012, our Pacific North Express (PNX) and North West Express (NWX) services will commence calling the Port of Tacoma’s Washington United Terminal. The services will cease calling the Port of Seattle.
This change will be implemented as follows:
The PNX will arrive Tacoma on Friday and depart Saturday. The first sailing will be the Hong Kong Express voyage 63E24 departing on July 7th.
The NWX will arrive Tacoma on Tuesday and depart Friday. The first sailing will be the Houston Express voyage 44E25 departing on July 13th.
NWX and PNX are joint services with the Grand Alliance. ZIM will operate 4 mega-vessels on this trade.
From gCaptain:
Horizon Lines, Inc. (OTCQB: HRZL) has announced that Sam Woodward has joined the company as President and Chief Executive Officer (CEO) and has been appointed to the company’s Board of Directors, effective June 7, 2012. Mr. Woodward succeeds Stephen H. Fraser, who has served as interim President and CEO since March 2011.
Sam Woodward, Horizon Lines CEOWoodward, 63, joins Horizon Lines from Traffic Tech Inc., an international freight forwarder, where he held several executive leadership roles. He also served as a managing director of Bengur Bryan & Co., a middle market investment bank, where since 2008 he headed the firm’s Transportation and Business Process Outsourcing Practice. From 2004 to 2008, Mr. Woodward was Chairman, President and CEO of Gemini Air Cargo, Inc. Prior to Gemini, Mr. Woodward was president of SAW Investment Services, his own investment firm, where he oversaw investment and management services in the U.S. freight- and logistics-based technology markets. From 1994 to 1999, Mr. Woodward served at YRC Worldwide as Senior Vice President, Operations and Planning, managing operations and strategy of the company’s portfolio of...
Source: Change.org
Source: NYTimes
Source: SafetyAtWorkBlog
Source: SafetyAtWorkBlog
Source: Associated Press
Source: The Nation
Please log in to view content
To view the content on this page, please log in to your account.
