The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service is amending its regulations to allow the cold treatment of imported fruits and vegetables upon arrival at the MidAmerica St. Louis Airport in Mascoutah, Ill., effective Nov. 25. “We have determined that there are biological barriers at this port that, along with […]
“As I explored retirement options, we searched for a buyer that would provide the best home for our customers and employees,” said Jim Keller, president of KFS, in statement.
The U.S. trade deficit in goods remained virtually flat in August, increasing by $100 million from July to $58.2 billion, as exports decreased by $300 million to $132.4 billion; imports decreased by $100 million to $190.7 billion.
Officials at the Maasvlakte II terminal have negotiated a three-year collective labor agreement with two Dutch unions, FNV and CNV. The new terminal has been in the testing phase since July 2013 and will open in November 2014.
The global trade management solutions provider Amber Road said Wednesday that Xylem Inc., a global water technology company, has implemented Amber Road’s Export On-Demand solution to automate all aspects of export compliance for 300 worldwide users in 150 countries. The implementation took place with five separate ERP systems across Xylem’s business units in […]
The Port of Cleveland said it plans to start a regularly scheduled express ocean shipping service between Cleveland Harbor and Europe in April. It will be the only scheduled international container service on the Great Lakes.
Panalpina has agreed to pay $35 million in a preliminary agreement to settle a class-action lawsuit brought by airlines against a large number of freight forwarders. The 2008 suit alleged that Panalpina and others violated the Sherman Antitrust Act by engaging in fixing surcharges. A case over price-fixing was settled with the Department […]
The Georgia Ports Authority said its four super post-Panamax ship-to-shore cranes that arrived in June are now fully operational at the Port of Savannah’s Garden City Terminal. “Our new cranes, coupled with the pending harbor deepening and superior road and rail connections beyond our gates, mean the Port of Savannah is poised to […]
During the third quarter, Old Dominion Freight Line generated $616.5 million in revenues, a 12-percent, year over year, uptick, leading to $1.6 billion in revenues for the first nine months of the year, a 9-percent increase. Net income rose by 17.8 percent and the operating ratio improved from 85.3 percent to 84.1 percent […]
TNT Express has broken ground on a 9.5 million euro, air-road hub in Saudi Arabia, which will delivery in January 2015. The facility will span 10,000 square meters, but the company itself will only lease 4,800 square meters for sorting and customs clearance. Nearly 80 employees will work at the new hub. […]
The U.S. Export-Import Bank said it has transferred more than $1 billion in revenues to the Treasury’s general fund in fiscal year 2013. This revenue, generated from fees and services for customers, is what the bank earned above its operating costs and loan loss reserves. “From supporting jobs to helping reduce our deficit, the Export-Import […]
Railway operating revenues at Norfolk Southern ended the third quarter at $2.8 billion, a 5-percent increase over the same period in 2012, on the strength of a 4-percent rise in shipment volumes. Income from railway operations finished up 16 percent to $849 million, while net income ended the quarter at $482 million, up […]
The House of Representatives on Wednesday voted overwhelmingly, 417-3, to approve H.R. 3080, the Water Resources Reform and Development Act of 2013 (WRRDA). The House Transportation and Infrastructure Committee said in a press release that the bill “cuts federal red tape and bureaucracy, streamlines the infrastructure project delivery process, fosters fiscal responsibility, and […]
IAG Cargo will add a 747-8 freighter flight between London and Hong Kong with stops in Frankfurt and New Delhi on Oct. 31. IAG now provides 700 tons of lift per week into Hong Kong. “Hong Kong is an incredibly important trade center, not least for the garment and consumer electronics sectors, […]
The U.S. International Trade Commission has appointed Dominic L. Bianchi to general counsel and Margaret D. Macdonald to director of the Office of Unfair Import Investigations. The general counsel and other attorneys in that office provide legal advice and support to the commissioners and ITC staff on investigations and research studies. They also […]
Shipments of coal on the Great Lakes totaled 2.7 million tons in September, a decrease of 13 percent from a year ago and the preceding month, the Lake Carriers’ Association said. Shipments from Lake Superior ports totaled 1.6 million tons, a decrease of 13.5 percent compared to a year ago, while coal transshipped […]
Federal Maritime Commission Chairman Mario Cordero said he is hoping for a favorable response from regulators in the Europe and China to his call for a global regulatory summit on the proposed P3 Network of the world’s three largest container carriers — Maersk Line, CMA-CGM and MSC — on the major east-west trade lanes. […]
The TransMatch program “is mature enough to promote as a stand-alone service,” Transplace’s Brent Hudspeth said. Consumer product and grocery manufacturers like Clorox and Del Monte Foods use the service.
During the third quarter, 231 domestic trucking thefts occurred, a 15-percent increase in volume from the second quarter, according to FreightWatch International. Monthly, the most thefts (81) occurred in September, with 76 thefts happening in August, and 74 thefts taking place in July. Across the entire quarter, the per-incident value averaged out to […]
If the P3 Network is approved by antitrust authorities, its members — Maersk, MSC and CMA — will have “two large competitive advantages over their closest competitors,” said SeaIntel Maritime Analysis.
