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 […]
Officials at DHL Express peg U.S. trade with Sub-Saharan Africa for continued growth due to the recent U.S. presidential policy directive aimed at sustainable development through trade. DHL officials say trade between Africa and Europe has decreased since 2001, just as trade with Asia has increased. The United States, the express carrier believes, […]
US Airways Group and American Airlines’ parent company have amended the merger deadline to Jan. 18, 2014, pushing it back from a mid-December deadline to accommodate the Justice Department’s antitrust trial. In a filing with the Securities and Exchange Commission, the carriers said either party may terminate the agreement up until the new deadline. […]
C.J. Wang (Wang, Chung-Jinn), chairman of Evergreen Marine Corp. (Taiwan) Ltd., died of illness on Sept. 20. He was 61. Anchor Chang (Chang, Cheng-Yung), president of the company, will temporarily handle the chairman’s duties until a new chairman is elected by the board. Wang, a graduate of the Kaohisung Marine College, started his career at Evergreen in […]
Christie New Jersey Gov. Chris Christie has vetoed a bill aimed at making it more difficult to classify drayage and parcel delivery drivers as independent contractors. In his veto message, returning the “Truck Operator Independent Contractor Act,” Christie said “the independent contractor model is a common approach by which trucking businesses engage drivers […]
IAG Cargo has launched thrice-weekly service between London-Heathrow and Chengdu, China, on Boeing 777-200 aircraft. The direct service makes IAG the only U.K. cargo carrier on the route, according to a press release. IAG officials expect to fill the planes with goods from China’s technology and pharmaceutical industries.
The cost of shipping air freight between Asia and the United States got a little more expensive in August, rising to $3.15 per kilogram from a rate of $3.06 per kilogram in July, according to Drewry. The Drewry East-West Air Freight Price Index, which averages the cost of a kilogram on 21 East-West […]
James Welch has been appointed president of YRC Freight in addition to his duties as chief executive officer of YRC Worldwide. Welch, who has worked as CEO since July 2011, takes over immediately for Jeff Rogers.
Since taking office 33 months ago, Gov. Andrew Cuomo has made infrastructure development a key component of his economic agenda, as embodied in the 2012 New York Works initiative passed by the state legislature.
The chairs of the U.S. House General Aviation Caucus, Sam Graves and John Barrow, announced Friday the group’s membership now includes more than half of the House of Representatives. Two hundred and twenty-three congressmen have joined the group, passing the midpoint split of 218 members. The General Aviation Caucus works to highlight the […]
“Fire protection systems have not yet realized that cargo is now transported in containers, as it has been for the last 30 or 40 years. Crews do not have the systems to fight fire,” warned a German insurance official.
Last spring, Canadian National considered shipping a large amount crude between Alberta and Prince Rupert, B.C., according to an internal memo obtained by Greenpeace and reported by the Canadian Press. The memos, which were obtained in March, show that Chinese-based Nexen Inc. had prodded the railroad to ship crude “in quantities matching the […]
Pasha Automotive Services and the Port of Grays Harbor on Friday announced the completion of new infrastructure promoting growth of automotive processing and roll-on/roll-off business in the Washington state port. The construction, which started in December, represents two years of planning and engineering. The port’s new $15 million rail facility was complemented by Puget […]
