The liner carrier United Arab Shipping Co. (UASC) will use the cloud-based supply chain technology provider GT Nexus to provide transactional e-commerce services, the company said this week. UASC has integrated its operational systems to support bookings, shipping instructions, schedules, and shipment status events for multiple customers through the GT Nexus platform. […]
The U.S. Export-Import Bank this week authorized a pair of direct loans totaling $33.6 million to Abengoa of Seville, Spain, that will facilitate the export of American heat-transfer fluid produced by The Dow Chemical Co. for use in solar projects in Spain and South Africa. Ex-Im Bank’s financing will support about 200 U.S. […]
Registration is now open for U.S. Customs and Border Protection’s annual East Coast Trade Symposium, scheduled for Oct. 24-25 in Washington. The popular event attracts hundreds of trade professionals to rub elbows with CBP officials and learn the latest developments in cargo security, trade processing, and enforcement. This year’s panel topics include the Automated […]
The American Trucking Associations has named 17 executives to LEAD ATA, a program to engage future leaders in the trucking industry. The group’s first session will take place during ATA’s annual conference in Orlando this October. According to the ATA, the sessions will provide the future leaders with information about the regulation […]
The Office of the Inspector General will begin this month a mandatory audit into the U.S. Department of Transportation’s information management practices to make sure the department is safe-guarding personal information. The audit will look at whether there are adequate protections to make sure the personal data isn’t disseminated and make sure the […]
Airline officials said the global air cargo market faces over capacity and most combination airlines are focusing on carrying cargo in the belly holds of their passenger planes. After the 747s leave, the carrier will have two B777 freighters.
Fresh on the heels of its acquisition of G.W. Palmer, Roadrunner Transportation Systems has purchased the assets of refrigerated truckload provider YES Trans for $1.2 million in cash and an earn-out capped at just more than $1 million.
The company added Bangalore, Chennai, Delhi and Mumbai to its international direct priority ocean product, bringing the end-to-end ocean service to India. Officials point to a 2012 growth in ocean freight of 12 percent in the country.
Calgary-based Canadian Pacific has lost a contract with liner carrier OOCL, one of its two major intermodal agreements, to Canadian National, according to an update by analyst Cowen and Co. The deal was up for renewal at the end of the year. Cowen estimates the gain for CN to be around $105 million […]
IAG Cargo will launch another routing between London Heathrow and Hyderabad, bringing the total weekly service to seven flights, to be flown on a Boeing 777-200 plane. The new plane will bring a 50 percent increase in cargo capacity to the route, which IAG hopes will tap into growth in the Indian pharmaceutical […]
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 […]
