Damco, a third-party logistics provider, has opened a new commercial office in Minneapolis as part of a growth plan to expand the company’s network worldwide. “The opening of this office allows us to increase the strength of our customer experience,” said Jeremy Haycock, North American chief executive officer of Damco, in a statement. […]
Waldemar (Val) Poulsen has been named president and chief executive officer of Rickmers-Linie (America) Inc., based in Houston, effective July 1. Before joining Rickmers-Linie, Poulsen was director/country manager with Safmarine in Houston, responsible for the activities of the multipurpose division of Safmarine in the Americas. He replaces Robert Sappio, who has been heading […]
The cloud-based collaborative planning and visibility platform E2Open has acquired SERUS, a cloud-based supply chain management solutions provider, for $18.5 million, the company said Wednesday.
The U.S. Commerce Department this week said it would begin applying countervailing duties on imports of Chinese-made electric-generating solar panels. The countervailing duty law provides U.S. solar panel manufacturers with a mechanism to seek relief from market-distorting effects caused by injurious subsidization of Chinese solar panel imports, the department said. Commerce calculated […]
The Senate on Wednesday confirmed Stefan Selig, a 30-year business veteran, to serve as undersecretary for international trade at the U.S. Commerce Department’s International Trade Administration. In this role, Selig will help lead the Obama administration’s recently launched NEI/NEXT initiative, a program to build on export achievements under the president’s National Export Initiative.
John Atkins will to succeed Devine as president of GCT USA, effective July 1. Atkins is currently the chief operating officer for GCT USA, and he has held successively senior positions since joining the company in 2002.
Officials should resolve lingering issues resulting from an ongoing demonstration program for collecting advance shipment data before publishing a rulemaking requiring the electronic security filing, four trade groups said.
The maritime law firm Chalos O’Connor LLP is closing, and its attorneys are moving to larger law firms. K&L Gates announced last week that Michael G. Chalos has joined its New York office as a partner in the maritime practice. Previously the senior partner at Chalos O’Connor, Chalos is accompanied in his move […]
The forums are part of the Obama administration’s Made in Rural America Export and Investment Initiative that was created earlier this year to help rural businesses access new opportunities and foreign markets.
Kane is Able has purchased seven compressed natural gas-powered trucks to operate out of its Scranton, Penn., branch. The vehicles, which are manufactured by Volvo Trucks, will be delivered in August. According to Kane is Able officials, the trucks will be able to travel 425 miles between fuel stops and will give the […]
Starting Sep. 1, IAG Cargo will add service to Montevideo, Uruguay, and Santo Domingo, Dominican Republic from Madrid using Iberia A330 and A340-300 planes. Officials are anticipating up to 12.7 tons of cargo capacity to Santo Domingo and 11.7 tons of space on the Montevideo flights. The routing to Santo Domingo will be […]
The Justice Department said Monday that Peter Picone, 41, of Methuen, Mass., pleaded guilty in U.S. District Court in Hartford, Conn., to importing thousands of counterfeit integrated circuits from China and Hong Kong, and then reselling them to U.S. buyers, including contractors supplying them to the U.S. Navy for use in nuclear submarines. […]
The global trade management software provider Amber Road said Tuesday that the specialty chemicals distributor Azelis will use Amber Road to automate restricted-party screening.
CEVA will expand its aerospace industry operations at Texas’ Fort Worth Alliance Airport, adding a new 100,00-square-foot warehouse for air cargo handling and some ocean freight transportation management services. Officials are anticipation a July opening of the new facility. “The expansion of our operations at Alliance Airport is directly related to our […]
The European Commission is allowing the P3 Network and G6 shipping alliances to move forward. In a statement, Antoine Colombani, a spokesman for the Commission’s Competition Directorate said, “Members of all shipping alliances such as P3 or G6, to the extent that they do not benefit from an exemption, must themselves assess the […]
In the story “Panama Canal CEO says new locks will handle 98% of containerships” from yesterday’s newsletter, mention of a three-month work stoppage was incorrect. The stoppage lasted two weeks; construction resumed while talks between the two parties continued.
Jorge L. Quijano, chief executive officer of the Panama Canal Authority, said naval architects have created optimized designs that will allow ships carrying 14,000 TEUs to transit the new set of locks.
Non-vessel-operating common carrier CaroTrans has deepened its China-U.S. less-than-containerload service with World Jaguar in Northern China, the company announced Tuesday, resulting in new weekly services from China to the United States. The collaboration, CaroTrans said, creates a twice-weekly service from Qingdao to Los Angeles, Chicago, New York, Atlanta, Seattle, San Francisco and Houston; […]
The U.S. Export-Import Bank has approved $1.1 billion to finance U.S. exports to Africa during the first half of this year, bringing to $5 billion the amount authorized for exports to the area in the past five years. Ex-Im Bank Chairman and President Fred Hochberg announced the deal Tuesday while in Ethiopia for […]
The country applied for WTO membership in April 2000. Trade ministers of WTO members officially approved Yemen’s accession on Dec. 4, 2013, during the Ninth Ministerial Conference in Bali, Indonesia.
