Spot market capacity in the trucking industry rose 34 percent last week compared to the week prior, as fuel prices fell 0.2 percent during the same time frame, according to DAT. The average spot market pricing for van, flatbed and refrigerated transportation all fell, with flatbed pricing leading the way with a 5.5-percent […]
U.S.-flag Great Lakes carriers carried 10.5 million tons of dry-bulk cargo in August, an increase of more than 1 million tons, or 10.6 percent, compared to a year ago, according to the Lake Carriers’ Association. The August float was also on par with month’s long-term average and slightly ahead of July’s 10.3 million-ton […]
ICAO is scheduled to address safety, security and information exchange in the aviation industry, but much of the aviation world is focused on the discussion of the environmental impact of global airlines.
The U.S. Department of Agriculture said the fiscal year 2013 Food for Progress and McGovern-Dole International Food for Education and Child Nutrition allocations will benefit more than 10.5 million people worldwide. Under the programs, USDA purchases U.S. commodities and donates them to government agencies and private-voluntary organizations in designated countries. This year’s Food […]
The U.S. Federal Maritime Commission discussed the implications of China’s new value added tax regulations on international transportation services during a closed door session Wednesday. The new tax was implemented by China on Aug. 1, with a number of maritime industry stakeholders expressing concerns about how the application of the VAT could affect […]
The Brazilian home improvement, electronics and appliances retailer CASA&VIDEO will use a range of applications from the supply chain software provider JDA, the company said this week. The applications include JDA solutions for inventory visibility, warehouse management and procurement to support CASA&VIDEO’s 76 stores and distribution center in Rio de Janeiro. “Facing […]
The United States announced the country-specific and “first-come, first-served” in-quota allocations under its tariff-rate quotas (TRQs) on imported raw cane sugar, refined and specialty sugar and sugar-containing products for fiscal year 2014 (Oct. 1, 2013 to Sept. 30, 2014). TRQs allow countries to export specified quantities of a product to the United States at […]
The global trade management (GTM) software provider Amber Road on Wednesday said it has acquired Shanghai-based GTM solutions provider EasyCargo in a move aimed at providing its customers with a more incisive tool to navigate China’s complex customs regulations. The deal, which closed Sept. 3, has been in the works since February, Amber […]
The Mexico-based global logistics service provider Europartners has signed an agreement with the cloud-based global rate management solution and confidential rate network CargoSphere, the company said Wednesday. The agreement will see Europartners automate freight rate pricing and contract management, rate quoting to customers, and confidential rate networking with its global agent partners. The […]
The new DOT secretary, who has only been in office for 10 weeks, never mentioned freight movement in his remarks, but at the same event a FRA official said the Obama administration wants to invest more in freight rail.
The Guysborough district has finalized the sale of waterfront lands in Melford, Nova Scotia, where Melford International Terminal Inc. (MITI) and its partner Maher Terminals are planning to build a box terminal.
The Memphis, Tenn.-based package delivery and freight transportation company said profit grew to $489 million and operating income reached $795 million, while operating margin edged up from 6.9 percent to 7.2 percent.
Third party logistics services provider OIA Global has acquired majority control of Bellville International Ltd., a freight forwarder based in London. Bellville International is the holding company for Bellville Rodair International in Europe, the United States, China and Brazil. Financial terms of the deal were not disclosed. “This acquisition is very strategic for […]
Mediterranean Shipping Co. has announced a rate hike on export cargo from the United States, Canada, and Mexico to North Europe, including the Baltic and Scandinavia, of $100 per 20-foot container and $150 per 40-foot container, starting Oct. 14.
Chilean liner carrier CSAV said because of China’s “Golden Week” holiday in October seven sailings have been canceled.
The U.K.-based Baltic Exchange on Tuesday opened a new office in Shanghai. The bulk shipping exchange, whose members comprise the world’s leading shipping, chartering and brokering companies, provides data on the cost of moving bulk commodities such as iron ore, coal and oil by sea. The exchange is best known in China […]
The development of the port located on the Aguadulce peninsula at the port of Buenaventura will be done in three phases. The first phase will yield an annual capacity of 450,000 TEUs with two vessel berth positions.
Salvage crews righted the wrecked cruise ship Costa Concordia on Tuesday, more than 20 months after it capsized off the coast of Italy’s Giglio Island. Crowley Maritime’s Titan Salvage is overseeing the project. A Website devoted to the project, including a time-lapse video, can be found here.
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service said peaches and nectarines from California and the Pacific Northwest are now allowed entry across all of Australia. “The first shipments of peaches and nectarines from California successfully landed in Australia, passed inspection, and are on their way to markets for Australian […]
The so-called “Maritime Goods Movement Act for the 21st Century” was developed to eliminate incentives for shippers to bypass U.S. ports and move their goods through Canada and Mexico ports instead.
