The 43-acre rail transfer center increases the railroad’s intermodal capacity at the Fort Lauderdale port from 100,000 to 450,000 lifts per year and reduces local traffic congestion and dray costs.
Kevin Castagnola, executive director and chief executive officer of the South Jersey Port Corporation, has signed a term sheet with Holt and is now negotiating a lease.
“Our nation’s economic competitiveness depends on a transportation network that can move freight safely and efficiently, especially as we are expected to move double the current amount by 2050,” DOT Secretary Foxx said.
UPS is planning to open nine operating facilities in Sao Paolo, Brazil, by May 2015, increasing its operating space to almost 216,000 square feet, a 78-percent rise. The developments will be located in Aracatuba, Bauru, Botucatu, Franca, Presidente Prudente, Ribeirao Preto, Sao Carlos, Sao Jose dos Campos, and Sao Jose do Rio Preto. […]
IAG Cargo has upgraded its fleet offering from London to Philadelphia and Calgary, upgrading the planes used to Boeing 787 Dreamliners, which will offer more capacity to customers. Officials also pointed out that the air conditioning capabilities in the cargo holds of the planes will help further grow the pharmaceutical trade between London […]
The container carrier Zim said that it had reached an agreement with the Israeli government about its so-called “golden share” which, among other things, gives the government control over the ability of shareholders to sell large stakes in the company. According to Zim, this will allow the company to restructure, it said in […]
The U.S. House of Representatives last week easily passed an Energy and Water Appropriations bill for fiscal year 2015 that funds agencies such as the Army Corps of Engineers, which is responsible for maintaining and upgrading navigable channels for inland waterways and harbors. Included in the bill is an amendment to increase spending from […]
A group of 18 consumer, trade, manufacturing, taxpayer, and food and beverage groups urged the Obama administration not to enter negotiations with Mexico on a “managed trade” agreement in response to the antidumping and countervailing duty petitions filed by U.S. sugar producers against Mexican sugar imports. “We have heard troubling rumors about pressure […]
Missouri’s Mid Continent Nail petitioned the investigation. The nine U.S. steel nail producers are in California, Colorado, Connecticut, Illinois, Indiana, Massachusetts, Missouri, Ohio, Rhode Island, and Texas.
The U.S. Commerce Department will hire its first ever chief data officer as part of meeting President Obama’s Year of Action. “No other department can rival the reach, depth and breadth of the Department of Commerce’s data programs,” said Commerce Secretary Penny Pritzker in a statement. “The Department of Commerce is working to […]
A World Trade Organization (WTO) dispute settlement panel issued a “mixed result” in a broad challenge brought by China against various aspects of 17 separate countervailing duty investigations conducted by the U.S. Commerce Department. “The administration is committed to the strong enforcement of U.S. countervailing duty laws in order to respond to unfair […]
A World Trade Organization dispute settlement panel on Monday issued a mixed result, rejecting numerous claims brought by India in a challenge against U.S. trade remedy laws and determinations issued by the U.S. Commerce Department regarding imports of certain steel products from India. The WTO panel specifically rejected India’s challenges to key aspects […]
The U.S. Export-Import Bank will provide a $64.5 million direct loan to Astidey S.A., in Montevideo, Uruguay, for the purchase of U.S.-manufactured wind turbine generators being exported by Gamesa Technology Corp. in Feasterville-Trevose, Pa. The authorization is Ex-Im Bank’s second wind transaction in Uruguay. Gamesa will supply, transport, install and commission 25 […]
Action is necessary because the account for highway user fees is expected to reach a zero balance by the middle of August as the shortfall between gas taxes and projected highway spending increases.
“This is a pure VSA, and VSAs of this type are only filed with the MOT; that is what we are seeing. That’s where they get filed, not with MOFCOM ,” said Michael Christian Storgaard, a spokesman for Maersk.
Chiquita Brands will continue to use the Port of Wilmington in Delaware as its mid-Atlantic distribution hub for the next five years, the state’s Diamond State Port Corporation said Monday. The agreement includes two 5-year lease renewal options, which will extend Chiquita’s relationship with Wilmington until 2029. With the retention of Chiquita’s business, […]
When Amazon’s drone-delivery plan was announced last year, many industry efforts derided the move as a stunt or said that Amazon couldn’t possibly get approval in time for its expected 2015 launch of the program.
Cathay Pacific’s cargo tonnage in June shot up 15 percent, year-over-year, to 140,444 tons, as the load factor rose by 3.2 percentage points. Capacity rose by 10.2 percent compared to June 2013, as actual cargo ton kilometers increased by 16 percent. Tonnage is up by 8.6 percent on the first six months […]
Union Pacific Railroad has commenced a $6.1 million upgrade to its infrastructure near Milwaukee, replacing track, resurfacing at railroad crossings and replacing switches. The upgrades will occur on the UP line between Milwaukee and Sheboygan, Wisc. Last week, UP also said it is upgrading rail line between Pinckneyville and Mount Vernon, Ill., […]
Cincinnati-based freight brokerage company Total Quality Logistics has opened up a new sales office outside Mobile, Ala. The 4,900-square-foot space in Daphne, which is located 12 miles from Mobile, is the company’s first office in Alabama. “Our national sales offices are extremely important in our ability to grow market share and are […]
