Officials from American Airlines and US Airways will get their day in court a lot sooner than the Justice Department had planned, as U.S. District Judge Colleen Kollar-Kotelly Friday set the start of the department’s antitrust trial to Nov. 25. The carriers had pushed for a Nov. 12 start date, saying Justice’s request […]
Nippon Kaiji Kyokai (ClassNK), the Japanese classification society leading an investigation into the breakup and eventual sinking of the containership MOL Comfort said the analysis and investigation of the casualty will take longer than initially expected, and will delay the release of its findings. “The team, which began investigating the MOL Comfort casualty […]
Global Ports Investments said Monday it has entered into a binding agreement to acquire 100 percent of the Moscow-based terminal operator NCC Group Ltd. NCC Group’s container terminal operations are located on the Baltic Sea, the principal gateway for Russian containerized cargo. Its key assets include full ownership of First Container Terminal in St. […]
Evergreen Line has announced a transatlantic general rate increase on all commodities both eastbound and westbound, effective Oct. 1. For the transatlantic westbound, the GRI will be $150 for a 20-foot container and $250 for a 40-foot box. The eastbound GRI will be $150 for a 20-foot container and $200 for all 40-foot […]
IAG Cargo will begin direct, 787 Dreamliner service five times a week between London Heathrow and Austin, Texas, in March 2014. In May, IAG will commence a daily offering. With the flights, officials expect to tap into Austin’s growing high-tech trade. The service will also benefit shippers transporting goods from Mexico to […]
Global air cargo activity ticked up 1.2 percent in July, year over year, making a slight improvement from June’s 0.9-percent result, according to data released by the International Air Transport Association. July’s result, which relied on growth in the Middle East and Europe to overcome sluggish Asian activity, was good for the highest […]
DHL Freight has unveiled an less-than-truckload European service that offers day-definite lead times and priority service. Eurapid is now available for shipments of up to 2.5 tons traveling within 14 countries across Europe. According to DHL officials, more service areas will open up in the next few months. “Our customers want higher […]
The six members of the U.S. International Trade Commission unanimously voted to instruct the Department of Commerce to continue its antidumping investigation of ferrosilicon from Russia and Venezuela, saying there is reasonable evidence so far that the products are being sold in the United States at less than fair value. Ferrosilicon is an […]
Exel Direct has been renamed MXD Group by owner Platinum Equity, who purchased the final-mile delivery firm from a DHL subsidiary in May. “The transition to new ownership has been good for our business and is opening up many exciting opportunities,” the firm’s president and chief executive officer, David Vieira, said in a […]
United Arab Shipping Co. (UASC) has signed a contract with Hyundai Heavy Industries to have the Korean shipyard build it five 18,000-TEU ships and five 14,000-TEU ships. The order includes options for one additional 18,000-TEU vessel and six additional 14,000-TEU ships. The 18,000-TEU ships are scheduled for delivery beginning in the first […]
The supply chain design software solution developer LLamasoft has partnered with ALK Technologies, a provider of GeoLogistics and navigation software, to offer LLamasoft customers ALK’s PC*MILER routing, mileage, and mapping software. The partnership with ALK provides LLamasoft Supply Chain Guru and LLamasoft Transportation Guru customers an industry-recognized means to accurately calculate distance and […]
New Zealand has joined a dispute filed by the United States in the World Trade Organization challenging Indonesia’s restrictions on imports of horticultural products, animals, and animal products. The United States is also filing a revised consultations request with the WTO to address recent modifications to Indonesia’s measures and facilitate coordination with co-complainant New […]
In an emergency session Friday, the U.S. Federal Railroad Administration’s Railroad Safety Advisory Committee met to consider additional safety regulations in the wake of the July Quebec train derailment.
“This will make us and our local partners more competitive in the global market place by allowing containers that were moving to Houston to be delivered here with more cargo inside,” Port Freeport’s CEO Glenn Carlson said.
In its Outlook for U.S. Agricultural Trade released Thursday, the U.S. Department of Agriculture forecasts that agricultural exports will reach $140 billion in fiscal year 2013. If realized, this will be a new record for U.S. agriculture exports, USDA said. “We’re counting on Congress to help keep up this momentum. With just […]
The U.S. International Trade Commission has started an investigation to examine a wide range of Indian policies that allegedly discriminate against U.S. trade and investment. The investigation, Trade, Investment, and Industrial Policies in India: Effects on the U.S. Economy, was requested jointly by the Senate Finance and House Ways and Means committees. […]
Two Los Angeles-based consulting firms, MotorScience Inc. and MotorScience Enterprise Inc., and their owner, Chi Zheng, have agreed to settle alleged Clean Air Act (CAA) violations related to the illegal import of 24,478 all-terrain, recreational vehicles into the United States from China without proper emissions testing, said the Department of Justice, Environmental Protection Agency, […]
FreightWatch International is expecting increased cargo theft activity over the holdiday weekend, adding that thieves have historically targeted pharmaceuticals and electronics during this time.
Speaking at the Port of Houston Thursday, U.S. Commerce Secretary Penny Pritzker highlighted new data that shows U.S. manufactured exports supported 6.4 million jobs in 2011. About 10 percent of those jobs were in Texas, which led the nation in the number of jobs – nearly 700,000 – supported by manufactured export goods. […]
The U.S. Export-Import Bank has authorized $1.5 billion in export financing for a pair of transactions to support the export of U.S. goods and services to Petroleos Mexicanos (Pemex), Mexico’s national oil and gas company. For the second time, Pemex will issue Ex-Im Bank-guaranteed bonds in the capital markets to fund the transactions. In the […]
