More than 200 cargo thefts occurred in the United States this summer, a 5 percent increase compared to the previous quarter, according to FreightWatch International’s most recent theft report. The average value loss topped $166,000, which is a 9 percent increase from the previous three months. In the three-month summer period, FreightWatch […]
Penske Logistics said it’s expanding in Mexico and has appointed Michael Casidy to the newly created position of managing director of Mexico. Penske Logistics has been operating in Mexico for 17 years and currently employs more than 1,000 people in the country serving a variety of manufacturers in the automotive sector. “Over […]
The annual Trade Symposium hosted by U.S. Customs and Border Protection in Washington is one month away and the agency is reminding trade practitioners interested in hearing first hand from top leadership about the agency’s progress modernizing its commercial operations that there will not be a second West Coast version of the event this […]
Kuehne + Nagel has unveiled an end-to-end air cargo solution geared toward the transportation of airplane engines. KN EngineChain brings together employees who have undergone special training programs with a network of dedicated regional competence centers. The program offers complete visibility throughout the supply chain along with engine-handling processes that have been certified […]
As the International Civil Aviation Organization began the final approach to its 38th assembly, which began Tuesday in Montreal, Sen. John Thune sent a letter to ICAO’s ambassador to the U.S. mission, among others, asking him to make sure the European Union’s emissions-trading scheme is not implemented again and expressing his support for a […]
A fully owned subsidiary of DHL Freight, Professional Parcel Logistics, has opened a 24.7-million-euro ($33.4 million) parcel hub in the Czech Republic. The 50,000-square-meter development will allow PPL to increase its hourly capacity by 10,000 parcels. “The need for a bigger and better parcel hub was driven by a continuous growth […]
Managing big data is becoming an increasing concern for transportation and logistics practitioners, a reality driven home by two polls conducted by American Shipper during its webinar Sept. 24 with CargoSmart on turning big data into useful visibility. What exactly are the pain points when it comes to managing and using the huge […]
The IT giant this week said it will provide users with new capabilities to improve companies’ demand management and business planning processes, focusing on tools with a real-time view of market information.
Norfolk Southern has set a coal-loading record at Pier 6 at Lamberts Point in Virginia, placing 168,977 net tons of corking coal onto the vessel Negonego. The ship will transport the load — which Norfolk Southern officials say is a record not just for the pier, but for the entire United States — to steel producers […]
The liner carrier “K” Line said this week is has unveiled a new schedule search tool accessible by desktop computers and mobile devices. The tool, called GRIP, allows users to find routes and up-to-date schedules, searchable by four parameters. The route planner parameter searches schedules based on locations pairs, while the other three […]
The Solar Energy Industries Association (SEIA) has offered an industry-based compromise between the U.S. and Chinese solar industries, which it said could serve as the centerpiece for “a fair, negotiated settlement of outstanding issues, benefit end users, and encourage the proliferation of solar energy in the United States and globally.” “It would actually lower […]
The United States and Mongolia on Tuesday signed an agreement to improve transparency on mutual issues concerning trade and investment at a ceremony in New York. The U.S.-Mongolia Transparency Agreement includes joint commitments to provide opportunities for public comment on proposed laws and regulations and to publish final laws and regulations. This publication commitment includes […]
The shipping newspaper Lloyd’s List, which claims to be the world’s longest-published newspaper, will stop publishing a paper version and become a totally electronic service on Dec. 20. The newspaper said less than 2 percent of its readers use print now. According to the National Maritime Museum in Greenwich, England, Lloyd’s News, […]
Trade with Russia and other countries relying on transit through Russia may be interrupted unless a solution to the conflict over the country’s involvement in trade interface requirements (TIR) is solved, according to CLECAT and FIATA.
Rolf Habben-Jansen, who has been chief executive of Damco, the freight forwarding arm of the A.P. Moller-Maersk Group, since 2009, will become chairman of the executive board and CEO of Hapag-Lloyd on July 1, 2014.
The global airline industry will generate $11.7 billion in profit on $708 billion in revenues. In June, the organization projected profits of $12.7 billion, but slow growth in key markets caused it to revise its prediction.
Vitran has agreed to a $2 million sale of its U.S. less-than-truckload business to an entity controlled by Matthew Moroun, and industry watchers now think the company’s Canadian business could be next.
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service will allow, under certain conditions, the import of commercial shipments of litchi fruit and mangoes from Australia into the continental United States, except Florida for the litchis. As a condition of entry, the litchis must be treated with irradiation and subject to […]
Claudia Slacik has joined the U.S. Export-Import Bank as chief banking officer and senior vice president for export finance. She has more than 30 years of experience in the financial industry. Slacik recently served as head of the international public sector for JPMorgan’s treasury services and chief executive officer for the company’s […]
Sandra “Dee” Lord has joined the U.S. International Trade Commission as an administrative law judge (ALJ). Lord will manage litigation, preside over evidentiary hearings, and make initial determinations in the agency’s investigations involving unfair practices in import trade. These investigations most often involve allegations of patent and trademark infringement. Prior to joining […]
