APL unveils new Asia-Oceania loop – American Shipper – American Shipper (subscription)

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Federal Maritime Commissioner Mario Cordero will be appointed executive director of the Port of Long Beach, where he served as a harbor commissioner from 2003 to 2011.

The Southern California port saw a surge of cargo following Asian Lunar New Year celebrations and because U.S. retailers shipped merchandise ahead of the new vessel alliance deployments that began this month.

The oil and gas industry said CBPs proposed revisions on when Jones Act vessels must be used in offshore oil and natural gas activity will lead to less oil and gas production, but the OMSA said it would return 3,200 jobs to the Gulf Coast.

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By Elizabeth Landrum |Thursday, April 13, 2017

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The U.S. Department of Justice served several container shipping lines with subpoenas last week in Sausalito, Calif., where their top executives were attending industry meetings.

The freight forwarding unit of European rail giant Deutsche Bahn AG saw earnings before interest and taxes increase 3.8 percent to 410 million euros (U.S. $438.5 million) on revenues that slid 2.2 percent to 15.1 billion euros in 2016.

The new South Korean carrier has started two of five planned intra-Asia strings this week, is commencing a transpacific service in mid-April, and reportedly wants to launch a service to Savannah and New York in 2018.

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APL unveils new Asia-Oceania loop - American Shipper - American Shipper (subscription)