The ATA said a measure in Washington, D.C., that would bar diesel-only vehicles in the city past 2017 “would have significant harmful effects on the district’s economy and on the quality of life of district residents.”
The American Chemistry Council has called for the Pipeline and Hazardous Materials Safety Administration to prioritize recommended safety enhancements “for the largest portion of the ongoing construction of new tank cars” in its hazmat rulemaking. It also asked the agency to recognize that improving the manufacture of new tank cars will be more […]
The Virginia Offshore Wind Development Authority, the City of Norfolk, and the Virginia Ship Repair Association have joined forces with Environment Virginia to promote the economic and environmental benefits of supporting offshore wind power and its related supply chain industries to Capitol Hill lawmakers. “Hampton Roads is known for its tremendous maritime workforce, […]
The company, which is in talks with the International Brotherhood of Teamsters to renew its current contract with employees in order to reduce costs, is facing a $69.4 million debt payment in February.
PostNL has sold half its stake in TNT Express, unloading around 15 percent of its 29.8-percent stake in the company for 507 million euro ($690.23 million) to reduce its debt.
The United Nations Conference on Trade and Development (UNCTAD) has released its annual Review of Maritime Transport, a 204-page book that can be downloaded online. The 2013 review notes that its Liner Shipping Connectivity Index (LCSI) and analysis of container ship deployment finds that there are two important trends over the last 10 […]
The Federal Maritime Commission voted Thursday to approve a request for additional information from the parties to the proposed P3 Network Vessel Sharing Agreement — Maersk, MSC and CMA CGM. The request for additional information delays the effectiveness of the proposed agreement, which was poised to go into effect this Sunday, even though […]
The Port Authority of New York and New Jersey this week authorized $105 million for the design, construction and realignment of roadways in the Port Newark-Elizabeth complex in New Jersey.
The power and automation technology company ABB Group has expanded its use of Amber Road for global trade management solutions, the software company said this week. The new contract expands an existing relationship between Amber Road and ABB Switzerland into a global rollout, designed to optimize landed cost analysis and sourcing decisions for […]
The U.S. Export-Import Bank has authorized a $640.7 million direct loan to Star Refineri A.S. of Istanbul, Turkey, which will finance the export of American-made oil refinery equipment and support about 3,000 U.S. jobs. The American-made equipment will factor in Star’s construction of an oil refinery in Aliaga, Turkey, about 30 miles north […]
“The Update, Promote, and Develop America’s Transportation Essentials Act” calls for a 15-cent gas tax to be phased in across three years. It is expected to raise $170 billion over the next decade.
The Federal Maritime Commission has released 83 pages of comments from shippers, ports, government officials and others about the proposal by Maersk, MSC and CMA CGM to create a global P3 Network on the major East-West trade lanes.
“Joint ventures are part of Zim’s ongoing strategy,” Rafael Ben-Ari, Zim’s vice president, shipping, said. “Our aim, as always, is to improve the services to our customers.” Any cooperative agreement will be subject to FMC approval.
Local union officials representing YRC employees will meet Friday in Dallas to discuss the new contract proposals made by YRC. YRC officials previously presented new contract items to the Teamsters Freight Division that would be included in a five-year contract extension. The new contract would include no wage cuts, but it would have […]
Millard Maritime, a Gulf Coast port and cargo services provider, has partnered with HELM Fertilizer Corp. to handle fertilizer products at Millard’s facility in Theodore, Ala. HELM’s fertilizer products will come from Trinidad and other locations worldwide. The new agreement takes effect upon completion of an automated bulk storage warehouse, Millard Maritime said. […]
UPS Capital, the finance arm of the giant delivery and logistics company, on Wednesday announced a new service designed to simplify how companies accept customer checks under cash-on-delivery terms. UPS said that about a third of C.O.D. shippers defer deposits of C.O.D. payments when requested by customers with cash flow concerns to maintain […]
The U.S. Commerce Department on Wednesday reported that the country’s exports of goods and services for October reached an “all-time monthly high” of $192.7 billion, up from $189.3 billion in September, with record petroleum exports.
Sweden announced Dec. 3 the launch of a new trade facilitation training facility in Arusha, Tanzania. The Swedish government, through its development agency Sida, will provide an initial grant of about $1.6 million per year for 2014-2015. The World Trade Organization, the UN Conference on Trade and Development (UNCTAD), the World Bank […]
A group of countries with a tradition in obtaining and importing illegally procured elephant ivory in Africa committed this week at the African Elephant Summit in Botswana to stiffer measures to halt this trade. The measures were agreed on by key African Elephant range states including Gabon, Kenya, Niger and Zambia; ivory transit […]
President Obama signed into law the Drug Quality and Security Act, which contains provisions for tracing pharmaceuticals in the supply chain. The new law creates a uniform, national licensing standard for wholesale distributors and third-party logistics providers to safeguard the pharmaceutical distribution system. “It replaces the fragmented and piecemeal system that differed from […]
