The U.S. Export-Import Bank will support for a “seven-figure purchase” of two new American agricultural aircraft by Jose Antonio Goncalves Viana, a soybean and corn agribusiness in Brazil. The buyer is a repeat customer of Air Tractor Inc., a small business manufacturer of specialty aircraft. For this transaction, Ex-Im Bank provided a medium-term […]
Under the multi-year contract, American Worldwide Agencies will serve as sales agent for AAL’s direct port calls to and from Long Beach and Los Angeles; Vancouver and Everett, Wash.; and ports in British Columbia, Korea and China.
The London-based industry consultancy Drewry predicts that more ocean carriers will cancel sailings instead of withdrawing whole services during the winter and this practice will continue until the P3 alliance of Maersk, Mediterranean Shipping Co., and CMA CGM begins its new services in the second quarter of next year. “More sailing cancellations are on […]
Wallenius Wilhelmsen Logistics (WWL) has acquired the SRO Group Vehicle Manufacturing Division (SRO Manufacturing). WWL said the acquisition will enhance its technical-services offerings in Australia, providing additional value to existing and prospective customers for equipment assembly and processing. Additional services include design, manufacture and installation of customized solutions for utility vehicles, and mining […]
The U.S. Environmental Protection Agency is finalizing a rule that will restrict imports of potentially harmful perfluorinated chemicals that could be used in carpets. The regulation will require companies to report to EPA all new uses, including in domestic and imported products, of these chemicals once used for soil and stain resistance in […]
The Georgia Ports Authority said it handled 2.5 million tons of cargo in August, 8.5 percent more than in August 2012. Container volume amounted to 280,873 TEU, 3.8 percent more than in August 2012.
The National Brotherhood of Teamsters and ABF Freight System have reached another 30-day contract extension because the parties have not yet come to terms on two of the supplemental agreements to the National Master Freight Agreement. Both parties approved the National Master Freight agreement at the end of June, but have been going […]
DHL Global Forwarding’s freight division has implemented a reporting feature that tracks a company’s carbon footprint automatically. The new feature is included as part of DHL’s track and trace system. Customers can find out emissions data related to their shipments on DHL’s site by entering in their shipment information and clicking on the […]
French authorities have approved Norbert Dentressangle’s acquisition of Daher’s freight forwarding activities. Financial details were not released. The deal for the freight forwarding business, which generated revenues of 80 million euros last year from its 11 offices in France and Russia, was first announced in July. According to a press release, this […]
The division, called SEKO Omni-Channel Logistics, is aimed at giving customers a single platform for global fulfillment, delivery management, returns solutions, and e-commerce development and design.
Emirates Airline has commenced A380 services between Dubai and Brisbane, as well as new services from Dubai to Milan, New York and the Philippines. The service to New York, which is being flown on a Boeing 777-300ER, routes through Milan. The carrier already serves the two cities and will now have three daily […]
The Florida East Coast Railway will begin hauling cargo from the Port of Miami next month after completing the first phase of an on-dock facility for ship-to-rail transfer of intermodal boxes, setting the stage for potential new cargo business into Florida, the Southeast, and the Midwest. The short-line railroad, which operates between Miami and Jacksonville, expects to […]
The Indian firm said Econocaribe is the third largest non-vessel-operating common carrier in the United States. Based in Miami, Econocaribe has nine U.S. offices and 22 receiving terminals throughout North America.
The U.S. Transportation Department said nearly 18,500 of the government’s 55,500 transportation employees would be affected if congressional leaders can’t reach an agreement to fund the government past midnight Monday.
EU Trade Commissioner Karel De Gucht is pushing for a political review of a Transatlantic Trade and Investment Partnership (TTIP) by January to ensure the deal stays on track in 2014. The EU official met Monday with U.S. Trade Representative Michael Froman ahead of the second round of TTIP negotiations, which begins next […]
“Intra-Asia specialist Wan Hai has seen steady returns and resilient growth whereas long-haul players Evergreen Marine and Yang Ming Marine continue to suffer losses mirroring the wider industry downtrend,” the London-based firm said.
Shareholders of USA Truck are warming to the possibility of an acquisition by Knight Transportation, a proposal USA Truck’s management previously rejected, according to Knight management. On Monday, Knight Transportation also made public that it had purchased more than 362,000 shares since the company disclosed its proposal. Knight now owns 1,192,364 shares of […]
U.S. steel imports increased in August compared to July by 13.8 percent, according to preliminary government data reviewed by the American Institute for International Steel (AIIS). “Improved market conditions during the summer are reflected in these data, as close-by NAFTA producers led the increase in imports in response to increased demand and improved pricing. […]
The new pilots will replace retiring employees, help reduce the impact of projected pilot-rest requirements by the Federal Aviation Administration that will be implemented next year, and man American’s expanded fleet.
Delamode, a U.K.-based logistics and freight forwarding company, said Friday it has acquired John Shirley Ltd., a specialist freight forwarder in the West Balkans region. John Shirley has more than 20 years experience of handling transportation of cargo between the United Kingdom and the Balkan countries. Delamode currently has operations in nine countries […]
