U.S. Gross Domestic Product, the broadest measure of the value of goods and services produced, grew at an annual rate of 2.4 percent in the fourth quarter, down from the initial estimate of 3.2 percent, the government said Friday. The updated figure is based on more complete data. The U.S. economy grew […]
With the release of a new corn seed from Syngenta and concerns over mixing genetically modified grains in shipments, the U.S. Grain Council urged its shipper members to exercise an “aggressive stewardship” program as it relates to corn exports. “It is important for all sectors of the value chain — individual farmers, technology […]
The A.P. Moller-Maersk Group, helped by strong performance from its Maersk Line container shipping business and APM Terminals business, reported a profit of $3.78 billion in 2013, down from $4 billion in 2012.
INTTRA announced today that it will collaborate with GS1 US, an information standards organization, to develop and implement containerized shipping data exchange guidelines for supply chain and logistics.
CargoSphere has enhanced its SUDS (Smart Upload and Diagnostics Solution) technology by releasing SUDS 2.0, which will be available in late March, the company announced. SUDS reads and processes external freight data from documents and loads it into a rate system database. CargoSphere said the new version of SUDS is faster and allows […]
Clariant Corp., a maker of desiccant materials, said its Container Dri II desiccant products exceed new specifications from the Federation of Cocoa Commerce Ltd. for protection of cocoa bean shipments in containers during transit. The updated federation guidelines, published in November 2013, no longer recommend silica gel desiccant bags; instead, it prefers calcium […]
Cathay Pacific Airways will expand its freight services in the United States by adding a twice-weekly service to Columbus, Ohio. Cathay Pacific Director of Cargo James Woodrow stated, “Cathay Pacific is delighted to further strengthen our industry-leading transpacific service by adding Columbus to our network. Our 13 Boeing 747-8F freighters are the ideal […]
MacGregor, part of Cargotec, has acquired Deep Water Solutions AS, which specializes in lifting applications, the company announced Thursday. “Customer requirements for environmentally friendly solutions are increasing in offshore load handling applications, such as subsea cranes, module handling and LARS (launch and recovery) systems, and having Deep Water Solutions’ experts in the MacGregor […]
The Soy Transportation Coalition thinks it might have a solution for overcoming the political fear in Washington of raising taxes: addition by subtraction.
Obama President Barack Obama on Wednesday proposed a four-year, $302 billion spending plan for repairing and upgrading the nation’s highways, bridges and transit systems, and said half the money could come from a one-time transfer of revenue that arises from any pro-growth business tax reform Congress enacts. It includes $10 billion for what […]
Congress included the Transportation Investment Generating Economic Recovery (TIGER) money, a 20-percent increase from last year’s $474 million appropriation, in the omnibus spending bill for the current fiscal year.
DHL Express has chosen Mike Parra as chief executive officer of the organization’s U.S. express division, the company announced Thursday. “Mike is a proven leader with a vast amount of successful local and international experience in our industry, great business vision and ability to engage and bring people together,” said Stephen Fenwick, CEO […]
DHL Supply Chain has beefed up its aftermarket offerings, inking partnerships with Anovo, Computer Technology Solutions and SMS Infocomm, as DHL strives to take more of the $19 billion aftermarket industry. In its Technical Services offering, DHL Supply Chain provides repairing, re-boxing, receiving, re-selling and assessing on all accounts. DHL said adding repair […]
The Redwood City Port Commission on Wednesday approved a three-year lease with Boxer Industries for a carbon black pilot production facility. Boxer Industries, based in Silicon Valley, Calif., develops technologies that convert natural gas into chemicals and materials for customers worldwide. Carbon black is a material used in manufacturing nearly all black rubber […]
Schneider will sell 5,700 used trailers in order to generate revenue for a fleet renewal. The 53-foot dry vans, which were manufactured between 1999 and 2004, are being sold for up to $8,000. “Schneider’s used fleet trailers are versatile and a solid investment for trucking operations, storage units, farm use, construction projects […]
Echo Global Logistics has acquired Comcar Logistics, a non-asset-based truckload brokerage based in Jacksonville, Fla. Founded in 2011, Comcar provides truckload brokerage to a range of customers, primarily in the Southeastern and Rocky Mountain regions. Comcar is led by Lane Turner, who will serve as a regional vice president for Chicago-based Echo. […]
The lawsuit, filed in 2010, accused carriers of violations of the federal False Claims Act because ocean freight fuel surcharges were imposed on portions of military household good shipments that moved in part by rail or truck.
The development of a third runway at Hong Kong International Airport has a large part in the Hong Kong government’s 2014-2015 budget, according to a statement released by the country’s chief executive.
Construction of the first of two new containerships for TOTE Inc. that will use liquefied natural gas (LNG) as fuel began Monday night at the General Dynamics NASSCO shipyard in San Diego. Fireworks marked the first cut of steel in a ceremony for the so-called Marlin Class ships, which will replace older ships […]
BNSF Logistics and Tri Global Energy have entered into an agreement to align resources, market knowledge and industry relationships to support BNSFL’s development of the West Texas Wind Energy Logistics Center. The joint marketing agreement will focus on managing capacity, optimizing routing of turbine components and increasing volumes through a central facility to […]
