The P3 Network was an interesting concept, although unsettling to many shippers when first announced by the three largest liner carriers – Maersk Line, Mediterranean Shipping Co. and CMA CGM – earlier this year. The three carriers, grappling with absorbing the next-generation mega-containerships to enter the world’s fleet, promised the P3 Network would […]
Rotunda Capital acquires majority stake in third-party warehousing, fulfillment services provider. Private equity firm Rotunda Capital Partners has acquired a majority stake in Amware Logistics Services, a provider of third-party warehousing and fulfillment services headquartered in Eagle, Colo. Amware’s president, Vincent Gulisano, will become chief executive officer of the company, and Rotunda Capital […]
In early June, Gene Seroka, APL’s former head of commercial in the Americas region, was officially appointed the new executive director of the Port of Los Angeles. His selection by the L.A. City Council was applauded widely by industry representatives. He replaced Geraldine Knatz, who announced her retirement as L.A. port director last […]
Global trade compliance doesn’t evolve as noticeably or quickly as fashion changes with the seasons. However, the fashion brand Gitano was forever transformed almost overnight by the powerful effect of enforced trade compliance. Gitano, a designer of jeans had been a thriving apparel manufacturer until the company’s executives pleaded guilty to charges of […]
The U.S. International Trade Commission recently voted to continue an investigation, first announced in May, of imported 53-foot dry containers used to move intermodal cargo within the United States. The ITC said there is “a reasonable indication that the establishment of a U.S. industry is materially retarded by reason of imports of 53-foot […]
U.S. Customs and Border Protection has implemented a revised enforcement strategy for the Importer Security Filing which provides for local discretion at the port level based on infrastructure and staffing resources. The agency says the strategy provides a more standardized approach which will permit headquarters to better analyze non-compliant ISF filings and educate violators. […]
By Beth Peterson How often do you toot your own horn? My guess is not very often. If you’re anything like me, you spend your evening making a list of everything you need to do the next day and when you arrive at work in the morning you get side-swiped by the latest issue […]
Forwarders urge U.S. to properly test all supply chain scenarios before issuing new air cargo security rule. The U.S. Transportation Security Administration and Customs and Border Protection should resolve lingering issues associated with an ongoing demonstration program for collecting advance shipment data to guide selective pre-departure inspections of U.S.-bound cargo before publishing a rulemaking requiring […]
By Biju Kewalram Many words have been written about how information accompanying the freight is as important as the physical movement of cargo, and it’s true…
“We don’t want to see disruptions at the ports, but retailers are making sure they are prepared in case that happens,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.
According to CargoNet’s “2013 Annual U.S. Cargo Theft Report,” the number of stolen freight incidents decreased by 9 percent last year, the first industry-wide decrease since 2009. CargoNet has listed Schneider as having a 20-percent decline in truckload thefts for 2013, the seventh consecutive year the company has posted declining numbers. Schneider, […]
Concerned about a possible strike at West Coast ports as the International Longshore and Warehouse Union and employers negotiate a new contract to replace their labor agreement that expires at the end of this month, the National Customs Brokers and Forwarders Association of America (NCBFAA) is asking the Federal Maritime Commission to consider procedures […]
Sen. Susan Collins is seeking to suspend the rule that drivers can’t operate trucks between the hours of 1 a.m. and 5 a.m. for two consecutive nights, and the requirement limiting the 34-hour restart to just once a week.
Current CEO Scott Davis, 62, will retire and assume the role of non-executive chairman. Abney will be the 11th chief executive in the company’s history. He began working for UPS in 1974 as a part-time package loader.
Hughes, who replaces the retiring Des Vertannes, has been with IATA since 1991 and has been involved with the organization’s most important cargo programs, including the Global Air Cargo Advisory Group.
In a speech at the Wroclaw Global Forum on Friday, European Commissioner for Trade Karel De Gucht focused on the Transatlantic Trade and Investment Partnership, saying that the “bridge” is widening to allow extra lanes for prosperity between economies. “We will do that in many different ways: removing tariffs and barriers to services […]
On Thursday, the FY 2015 Transportation, Housing and Urban Development, and Related Agencies Appropriations Bill passed through the Senate Appropriations Committee with the inclusion of a deadline for a final rulemaking on rail tank car standards. The bill tasks the Department of Transportation with developing a final rule on tank car standards by […]
The Suez Canal Container Terminal (SCCT) in Port Said has seen around 50 ships head to other ports outside Egypt during recent weeks following industrial action in the form of increased absenteeism by the work force, resulting in reduced capacity. For example, Hapag-Lloyd said that because of ongoing congestion at the terminal, it […]
The global trade management software provider Netwin Solutions said this week Hellmann Worldwide Logistics has selected Netwin’s GTKonnect FTZ (Foreign Trade Zone) product. Hellmann will use the software to automate and simplify complex zone-related data management, deadlines and reporting for its zones across the United States, with multiple customers in each zone. […]
The U.S. Commerce Department’s Bureau of Industry and Security said Netherlands-based aerospace services provider Fokker Services has agreed to pay a $10.5 million civil fine in connection with illegal exports and re-exports of aircraft parts, technology, and services to Iran and Sudan. Both countries are subject to U.S. sanctions, including Commerce Department export […]
