Old Dominion Freight Line has opened additional container drayage facilities in Front Royal, Va., and Portland, Ore., increasing its number of drayage facilities to 20 across the country. “The facilities will allow Old Dominion to expand coverage in the mid-Atlantic and the Pacific Northwest and will also help us meet growing demand from […]
The logistics and global trade software provider Descartes said Tuesday it raised $147.5 million in sales of common shares in the United States and Canada over the past week. The amount raised includes extra proceeds of $19.2 million due to the sale of 1.4 million additional shares. The shares were priced at $13.50, […]
IAG Cargo will increase its Iberia A340-600 flights between Madrid and Bogota, Colombia. On Aug. 9, the carrier will add two weekly frequencies, tacking on a third weekly flight in September. Imports into Colombia include general freight and textiles, while perishables are the main exports into Europe. “These additional summer frequencies […]
Talks continue between the West Coast dockworkers union and its employer representatives, despite passing the 5 p.m. (PST) contract expiration Tuesday. Shippers, meanwhile, are increasingly concerned about the lack of forthcoming details from the PMA and ILWU during the contract negotiations.
Similar to previous U.S. equivalency arrangements with Canada, the European Union, and Japan, the arrangement with South Korea eliminates significant barriers, especially for small- and mid-sized organic businesses.
“I don’t see that it is chassis any more than it is congestion,” said Fred Johring, president of Golden State Express. “As these big vessels have started coming in, it has taken these terminals to their knees.”
NYK has teamed up with Weathernews and Kozo Keikaku Engineering to develop “Symphony Project,” an auto logistics service using “unique logistics technologies” in the Asian region, according to NYK. The solution will offer environmental information and analyses regarding transport; weather-monitoring programs; visualization of complex supply-chain procedures; inventory-optimization analysis; and car-yard optimization. “Symphony […]
U.S. Customs and Border Protection later this month will begin the third phase of a trial program to test use of its document-imaging system for electronically uploading shipping documents required along with the customs entry. The pilot program covers shipments that must be released by the U.S. Department of Agriculture’s Animal Plant Health Inspection […]
The aim of the Single European Sky is to cut air traffic-management costs in half; reduce the environmental impact of each flight by 10 percent; increase air capacity; and improve safety.
These changes, which are part of the White House’s Export Control Reform Initiative, “enhance our national security by increasing interoperability with our close allies and partners,” the State and Commerce departments said.
Fitch Ratings said a potential strike or some form of work slowdown affecting West Coast ports resulting from a contract impasse between dock workers and terminal operators is likely to be short and manageable. The contract between the International Longshore and Warehouse Union and the Pacific Maritime Association expired at midnight, but those […]
The European Union has set a Jan. 1 deadline for vessels sailing in the Emission Control Areas of the English Channel, the North Sea and the Baltic Sea to use bunker fuels with a maximum sulfur content of 0.1 percent.
Madagascar was removed from the trade program on Jan. 1, 2010, following a 2009 coup d’état. The country held its first democratic elections since the coup late 2013; the U.S. has begun normalizing relations with Madagascar.
The current contract between the International Longshore and Warehouse Union and employers is due to expire tomorrow, July 1, but nearly all observers are expecting talks to continue.
Shareholders of Israel Corp. approved a debt restructuring agreement for Zim, but the company is still trying to negotiate an agreement over the “golden share” the Israeli government maintains in the company.
UPS has added a full containerload rail service to two of its China-Europe routings. The new option, which officials say is 50-percent faster than ocean shipping, is available on freight traveling between Chengdu, China, and Lodz, Poland, and from Zhengzhou, China, and Hamburg, Germany. Officials also added the rail program costs 70-percent less […]
The Union Pacific Railroad and the Illinois Department of Transportation will each invest $45 million to construct a third main track on two short sections of a commuter rail line that runs between Chicago and its western suburbs, the railroad and state officials announced Friday. The construction is the last of several improvements […]
Nearly 100 percent of Bahri shareholders who voted have approved the Saudi national shipping company’s merger with Vela International Marine Limited.
The Congressional Budget Office estimate assumed the same level of funding for fiscal-year 2015 as in the current fiscal year, as well as the continuation of benefits from MAP-21 until Dec. 31.
Trade between the United States and partners Canada and Mexico grew to $100.1 billion in April, a 1.2-percent rise over April 2013, according to the Department of Transportation. The trade total is a decline from the $101.48 billion in trade seen in March, which stands as the highest trade total so far this […]
