BB&T Capital Markets pointed out that August sales of 16 million vehicles, which has been predicted by J.D. Power & Associates, would represent the largest sales volume in a single month since November 2007.
The European Commission today adopted the NAIADES II action program to create changes in the inland waterway structure that will allow for the greater flow of ocean freight throughout Europe. The new policy will improve infrastructure quality through the Connecting Europe Facility, which also aims to integrate waterway transport into the supply chain. […]
Montreal, Maine & Atlantic Railway, the U.S. offshoot of the Canadian railroad that has been in flux since the July derailment of train cars carrying crude oil led to one of the deadliest rail accidents in Canadian history, may soon be sold. According to an Associated Press report, the railroad’s trustee has been […]
U.S. small businesses currently exporting to the European Union will have the opportunity to voice their concerns on existing EU trade barriers through a series of cross-country roundtables arranged by USTR and SBA.
The U.S. Trade and Development Agency has awarded a grant for technical assistance to support the Colombian Ministry of Transport in its efforts to develop a plan to implement intelligent transportation systems (ITS). The technical assistance will include an analysis of the applicability of various ITS technologies in Colombia, including the definition of […]
The French carrier said on Oct. 1 it will raise freight rates on dry and reefer containers moving from North Europe to the U.S. East and Gulf coasts, Canada and Mexico by $150 for 20-foot containers and $200 for 40-foot containers.
The alliance, announced in mid-2013 and due to take effect in the second quarter of 2014 pending regulatory approval, would formally link the three largest carriers – Maersk, MSC, and CMA CGM – on the three major east-west trades.
In the last two weeks, BNSF has said it will have spent $625 million in capital improvements in three states during 2013. The railroad added this figure to the already announced $460 million reserved for projects in Washington, North Dakota and Montana. It had already announced a projected total of $4.3 billion in […]
The Singapore-based NOL Group, parent of the liner carrier APL, on Monday said it has appointed Bruno Sidler to its board. Sidler is the chief operating officer of market expansion services group DKSH Holding Ltd. He will join the NOL board on Sept. 16, the same day Olivier Lim steps down from the […]
Members of the Caribbean Shipowners’ Association (CSO) plan to implement a peak season surcharge from Oct. 6 to Dec. 31. The surcharge, $150 per TEU, will be applied southbound only to all CSO Caribbean basin service destinations. “The PSS will allow exporters and importers to plan ahead and schedule cargo movements prior […]
Thirty-five-year industry veteran John Batten has taken up the job of managing director at Coyne Airways, and he’s looking to expand the Coyne brand into new markets. Batten came to the airline from Swissport, where he served as executive vice president of global cargo. He served for 25 years at TNT and worked […]
Retail import volume will grow to 1.48 million TEUs at the largest domestic ports in September, a 5.1-percent increase in activity over the same period last year, according to the most recently released Global Port Tracker.
Yangtze River Express has commenced twice-weekly Boeing 747-400 freighter service from Shanghai to Amsterdam Airport Schiphol. The routing — Yangtze’s first to the Amsterdam airport — replaces Yangtze’s twice-weekly Shanghai-Luxembourg service.
OIA Global is moving its Portland, Ore. headquarters from the suburbs to the Waterfront District, leasing 33,000 square feet. According to OIA’s chief executive officer, Charlie Hornecker, the move will better accommodate future growth.
U.S. steel exports increased in July 2.2 percent over June, according to government data analyzed by the American Institute for International Steel. “NAFTA steel demand improved in July compared to June by 6 percent, offsetting declines in other smaller international markets,” said David Phelps, president of AIIS, in a statement. “NAFTA market’s […]
“With the tolls going up as much as they did and the prospect of them continuing to go up, it was vital that the terminal be able to do something about the tolls so that it remained economically viable,” said Jim Devine, head of NYCT.
The software-as-a-service product authentication and traceability solutions provider Verify Brand said it has developed a new product aimed at helping manufacturers and distributors that want to protect their supply chains from potentially dangerous counterfeit and illegal chemicals. The product, called the Verify Platform, uses secure unique identifiers (sUIDs) and product traceability features to […]
Deborah Hadden will be responsible for directing the planning, development, marketing, operation, security, financial management, administration, and maintenance of non-aviation properties in the Port of Boston.
Looking ahead to the International Civil Aviation Organization’s triennial assembly, the International Air Cargo Association (TIACA) has called for a single, market-based approach to limiting airline greenhouse gas emissions.
The logistics software provider Descartes Systems Group said Thursday that Werner Global Logistics (WGL), a subsidiary of Werner Enterprises, is using the Descartes OneView Customs House Broker solution to run its U.S. customs brokerage operations. The solution helps WGL streamline its brokerage operations by using a single platform for these services along with Advanced Manifest […]
