In December President Obama signed the bill into law authorizing $305 billion in federal funds over five years for rail, highway development, public transportation and motor vehicle/motor carrier safety not know as FAST.
It was announced last week the Permanent Court of Arbitration (PCA) in The Hague ruled in favor of the Philippines in their dispute with the People’s Republic of China over territorial claims in the South China Sea. Shortly after the announcement, Beijing rejected the ruling as illegal while Washington immediately chimed in with a statement that The Hague ruling was both legal and binding.
With the transit last month of the “Cosco Pacific Panama” (9,472 TEU) through the new set of locks, Panama and the ocean carrier industry ushered in a new era in container shipping.
\As ocean carriers strive for greater productivity and less dwell time, terminal operators look toward automation as an answer to the question "How do I get containers in and out of my gates faster?"
There's been so much written lately about SOLAS container weight verification (Verified Gross Mass or VGM) that it almost seems I am beating a dead, well you get the point.
I’d love to jump on the one size fits all bandwagon and tell you rail recorded weights will be used by the ocean terminal to verify inbound containers but that’s simply not true.
Early Friday morning (24-June) the U.S. awoke to the results of Britain’s historic vote to leave the European Union. On the western shores of “The Pond” the controversial referendum was often buried in the electric ether of the U.S. Presidential campaign or more exciting issues like keeping up with another generation of Kardashians. However, with the “shocking decision” (an expression used by at least a dozen U.S. news reporters) “The Exit” is today’s news.
With last month’s EC (European Commission) approval the remaining step in the privatization of NOL-APL is now for CMA CGM to buy outstanding shares (up to 90%) of NOL’s total stock.
The BNSF Railway has rolled out an integrated dispatch system for pickup and delivery of ocean containers and domestic equipment at their major intermodal facilities.