The global economy has weakened slightly in the third quarter, mainly due to deceleration in Asia and Latin America, while North America shows signs of continuing recovery, according to a survey of more than 1,000 economists.
Mazda will begin in September importing automobiles for the Northeast market through Baltimore after signing a five-year contract with auto processor AMPORTS, according to the Maryland Port Administration. The Japanese automaker expects to move about 65,000 vehicles a year through AMPORTS’ Chesapeake Auto Terminal, which is privately owned and technically is not part […]
Cathay Pacific Airways will launch daily Boeing 777-300ER service between Hong Kong and Newark Liberty International Airport on March 1, 2014. The new offering is subject to government approval. “The introduction of Cathay Pacific’s Newark to Hong Kong service demonstrates our commitment to the New York Metropolitan area, which has been instrumental in […]
Despite Tuesday’s decision by the Department of Justice to challenge the proposed $11-billion merger of American Airlines and US Airways, officials are still optimistic they will close the deal by the end of 2013.
CSAV, the Chilean container shipping company, said that its board on Tuesday approved plans to sell, then lease back, two 6,500-TEU containerships. It said “the transaction is in line with the company’s strategy of having larger and more efficient ships.” The two ships, built in 2006 by Hyundai Heavy Industries (South Korea), […]
Stevedores at the Port of Jacksonville are unloading 11,000 tons of aluminum ingots from a vessel. It is the largest shipment of aluminum ingots at the port in five years, the port authority said. The breakbulk shipment from South America is more than twice the tonnage the port has seen in the past. […]
The Surface Transportation Board will hold a hearing Oct. 22 to discuss modifying its standards for mandatory competitive switching as previously proposed by the National Industrial Transportation League. Parties that would like to participate in the 9:30 a.m. meeting must file a notice with the STB by Sept. 23. The NITL said […]
UNCTAD, the United Nations Conference on Trade and Development, has electronically published the latest edition of its liner shipping connectivity index. The agency notes that a country’s access to world markets depends largely on its transport connectivity, “especially as regards regular shipping services for the import and export of manufactured goods.” The […]
Oxbow Carbon, a global recycler and distributor of refinery byproducts, said this week it has increased its restricted party screening productivity by 82 percent using the export solution of Amber Road, a provider of on-demand global trade management (GTM) solutions. Oxbow said it has been able to centralize and automate its export compliance […]
The U.S. Justice Department and attorneys general for six states, including the District of Columbia, said the combined airlines would result in higher airfares and lower service levels for passengers.
The express carrier’s 47,000-square-foot Chengdu facility is located near the Chengdu Shuangliu International Airport, while the 70,000-square-foot Shanghai development is close to the Shanghai Pudong Airport.
Global shippers need to understand these regulatory changes stay compliant, avoid costly delays and mitigate supply chain disruptions. To help keep pace with these complex demands, our expert panelists will highlight today’s best practices in global trade management. Key discussion points will include: Overview on CBP’s Centers of Excellence strategy. Update on ISF enforcement and […]
IAG Cargo will launch a thrice-weekly Airbus 340-600 route between Quito and Iberia’s Madrid hub on Oct. 26. The carrier already flies a Madrid-Quito-Guayaquil-Madrid routing, but a new facility in Madrid that recently opened will allow it to fly the large A340 into the airport. The current routing will switch from seven times a week […]
Germany helps U.S. Customs stop illegal pharma shipment. U.S. and German customs authorities recently teamed up to stop a large shipment of smuggled prescription drugs from entering the United States, U.S. Customs and Border Protection said. Acting on a tip from the German Customs Investigation Bureau, Zollkriminalamt, CBP officers at San Francisco International Airport’s mail […]
The U.S. Court of Appeals for the District of Columbia Circuit sent a price-fixing lawsuit against four Class 1 railroads back to the lower court, vacating its class-action status due, in part, to a recent Supreme Court ruling.
The multimodal transportation and compliance software provider Kewill said over the weekend it has signed a definitive agreement to acquire the assets of Four Soft, a software company based in Hyderabad, India.
Precision Conversions will convert four, 15-position Boeing 757-200PCFs for Air China Cargo to be used for express package transportation in the country. Work on the first plane began in late July, and officials will start on the second plane in November. The last two conversions are set for 2014. “We are honored to […]
The Fairview Container Terminal at the Port of Prince Rupert in British Columbia is adding a fourth container crane, even as a member of the U.S. Federal Maritime Commission questioned whether growth in U.S.-bound cargo moving through the facility might be flattening. A new container handling gantry crane arrived at the Port of Prince […]
China’s first merchant ship to sail from Asia to Europe via the Arctic Sea departed Dalian last week. The Website SinoShip News reports COSCO’s multi-purpose ship Yong Sheng, is scheduled to arrive in Rotterdam port on Sept. 11. The wire service AFP reported that according to Rosatomflot, a Russian operator of icebreakers, […]
DAT has unveiled a program that shows carriers’ shipper-paid market rates and spot rates throughout the United States and Canada. DAT RateView will also suggest backhauls and tri-hauls to carriers based on lanes on which they will receive the highest rate. “Instead of cheap freight, backhauls become important revenue generating opportunities that also […]
