Worldwide Flight Services said it will acquire Swissport’s cargo business at Copenhagen Airport. As part of the deal, Swissport will transfer all business activities, including assets, to WFS on Oct. 1. WFS will take over Swissport’s 4,200-square-meter cargo terminal at Copenhagen Airport, which handles about 18,000 tons a year for numerous airlines. […]
Brussels Airport is the first European airport hub to sign on to a pharmaceutical shipping certification program developed by the International Air Transport Association’s Center of Excellence for Independent Validators. “Brussels Airport is aiming to strengthen its position as a leading gateway for the handling and transportation of pharmaceutical freight in Europe,” stated […]
Deutsche Post DHL said more than 60 percent of its electricity is now generated from renewable resources, up from 42 percent in 2012 and 37 percent in 2010. The company said it has mitigated the output of more than 450,000 tons of CO2 over the past year. It has been focusing mostly on […]
Maryland’s Department of Transportation has terminated an agreement with CSX to build the Baltimore Rail Intermodal Facility at Morrell Park and has pulled all state funding from the project. “CSX has worked to develop an intermodal transfer facility that balances the needs of the community, the State of Maryland, the City of Baltimore […]
Maersk said that due to backlog of plastic scrap containers, it will no longer accept plastic scrap from the U.S. and Canada to Haiphong and Da Nang, Vietnam, effective immediately.
U.S.-based ACO Investment Group entered an agreement this week with the Burma Ministry of Electric Power to develop two 150-megawatt solar energy plants. Burma relies heavily on hydropower, which decreases in output during the dry season, when solar sources are at their peak. When completed in 2016, the solar project is expected to […]
The U.S. Federal Maritime Commission has received 32 ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from American General Logistics, West Covina, Calif. (Xinquing Ran, president); Chijioke Samuel Ilochonwu, Houston (Chijioke S. Ilochonwu, sole proprietor); EXL Logistics, Miami (Macelo Kroeff, vice president); TFC Partners, […]
The U.S. Federal Maritime Commission has received 32 ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from BeyondVista Corp., Torrance, Calif. (Cathy H. Ling, secretary); SFL Worldwide, Farmers Branch, Texas (Purveen Shah, member); and Plex International Logistics, Doral, Fla. (Luciano Zucki, member). The […]
With millions of truck-driver job ads flooding the market, the survey found that 79 percent of the drivers polled agreed that salary was most important when choosing a job. Home time was ranked as the second highest.
S&P said, “The stable outlook reflects our view of the HPA’s prudent management of its capital program to date and our expectation that it will not issue significantly more debt in the next two years than it assumes in its capital plan.”
The U.S. Department of Agriculture’s Foreign Agricultural Service has released additional fiscal-year 2014 funds for its Export Credit Guarantee Program (GSM-102). Exporters now have access to $3.586 billion.
Bruce Wargo, the president and chief executive of PierPass, said, “While port congestion has increased worldwide, the Ports of Los Angeles and Long Beach are handling these pressures better than most of the other major ports.”
Direct ChassisLink Inc., the Charlotte, N.C.-based chassis leasing company formed when Maersk Line decided to divest itself of its chassis fleet, has acquired REZ-1, a provider of domestic intermodal equipment management and services. REZ-1 currently manages more than 70,000 chassis used to move 53-foot domestic containers. DCLI currently has a fleet of about […]
A federal appeals court has reversed decisions in three class action lawsuits finding that independent contractors operating for FedEx Ground can be classified as employees. The contractors in question worked in California from 2000-2007 and in Oregon from 1999-2009. According to FedEx, it has limited itself to contracting with incorporated business — which […]
The Port of Virginia handled 207,771 TEU in July, surpassing the monthly record set last October by 1,174 TEU. The port’s revenues during the month were $37.9 million, and its operating income was $1.98 million, increases of 21.5 percent and 6 percent, respectively, when compared with last July. “This is a solid […]
The Port of Houston Authority said more steel moved across its docks in July than in any month since 2008. For the month, steel volumes reached 844,000 tons. However, container volume through the Gulf Coast port for July was relatively flat compared to last year, but saw a 4-percent increase in the […]
Two cargo terminals at the Port of Long Beach suspended vessel operations Wednesday because 10- to 15-foot high wave surges powered by Pacific Hurricane Marie endangered longshore workers. High waves were reported all along the coast in Southern California, delighting some surfers, while damaging homes and overturning boats at some marinas. Total Terminals […]
Maersk said it is raising rates Oct. 1 on transatlantic services from North Europe and the Mediterranean to the U.S. A general rate increase will be implemented on cargo from North Europe of $250 per 20-foot container and $350 per 40-foot or 45-foot container, be they dry or reefer boxes. From the […]
The Acteon Group, a global subsea services provider, has chosen the global trade management software provider Amber Road to automate and standardize restricted party screening across all of its worldwide branded services. Acteon, headquartered in Norwich, UK, is the umbrella company for a broad range of companies, with 35 different company sites, mainly […]
The U.S. economy grew 4.2 percent in the second quarter, according to a revised estimate by the Commerce Department. It previously said second quarter GDP was 4 percent. The economy bounced back strongly from the 2.1-percent decrease in the first quarter in large part because of strong exports. Real exports of goods […]
