Although it has been present in the region since 2001, DB Schenker has now established its own legal entity in Laos, Schenker (Lao) Sole Co. According to officials, the change will allow Schenker to offer more services at better rates. In conjunction with the new entity, the company has unveiled a 3,000-square-meter facility […]
Asiana flight OZ214, a non-stop flight from Incheon International Airport, on Saturday slammed into the runway at the Northern California airport, the aircraft skidding down the tarmac, injuring 180 people and resulting in two fatalities.
MOL reported a fire had broken out in the fore section of the containership as it was being towed. If this section of the vessel is also lost it could further complicate efforts to determine what caused it to break in half.
The U.S. Federal Motor Carrier Safety Administration awarded nearly $1 million in grants to community and junior colleges last week to train military veterans for jobs in the transportation industry.
MOL Liner said T.K. Konishi has been promoted to chief executive officer effective June 21, succeeding Junichiro Ikeda who remains chairman of MOL Liner. Konishi said the company will shift its transpacific trade management to Hong Kong where it will locate all trade management function to and from the Asia region as well […]
APL Logistics said Monday it has launched an online sales channel for Walmart in Mexico. The new solution, which includes a warehouse management system, integrates with Walmart’s new online shopping site and enables same-day order fulfillment and next-day delivery. Through the partnership, APL Logistics provides all order management, planning, and fulfillment for Walmart’s […]
The U.S. Transportation Department has issued a $421 million loan for the S.R. 91 Corridor Improvement Project in Southern California to increase capacity on the corridor and ease congestion on the Riverside County side of the highway. DOT said the loan was made possible through “innovative federal financing assistance that partners with private […]
TNT Express has sold its 14.3 percent stake in the software solutions company Apriso to Dassault Systemes for $205 million. TNT Express received the Apriso stake when it demerged from TNT N.V. in May 2011. France-based Dassault Systems, which creates 3D design software, plans to fully integrate Apriso into its portfolio, according […]
The U.S. Commerce Department said total exports of goods and services in May “dropped slightly” to $187.1 billion, from $187.6 billion in April. The department noted, however, that total services and automotive exports hit “record levels” in May, while total services exports were led by increases in travel, passenger fares, and other private […]
Streamlining existing customs procedures at ports in the European Union and separating EU goods from non-EU cargo for ships moving beyond the continent are two ways the European Commission hopes to improve shipping in Europe. In a Brussels press conference, Siim Kallas, vice president of the European Commission, outlined these changes to ease customs formalities in […]
The Canadian National Railway in November will start service to a new transloading facility in Grand Prairie, Alberta, being built by Di-Corp to supply specialty sand for the oil and gas industry. The sand is injected at high pressure along with water and certain chemicals into shale rock formations in a process known as […]
Panalpina is expanding its over-the-road cooperation with Italian freight forwarder Arcese Espana, adding its Frankfurt and Nuremberg facilities into the the joint network. Panalpina’s German facilities in Berlin, Dusseldorf, Hamburg, Hanover, Kehl, Munich and Stuttgart are already part of the collaboration between the two companies. Arcese Espana already serves as Panalpina’s partner […]
The July 3 newswire “Trade, investment top Obama agenda during Africa trip” failed to name U.S. Trade Representative Michael Froman as the official being quoted on Air Force One about the U.S. strategy for trade development in Eastern Africa.
A driverless oil train operated by short line Montreal, Maine & Atlantic Railway rolled out of control down a hill Saturday morning, jumped the tracks and blew up in a fiery explosion that wiped out the center of a small town in Quebec, leaving five confirmed dead and 40 people missing, according to news report from Canada. […]
U.S. steel exports increased in May over April by 11.6 percent, according to government data analyzed by the American Institute for International Steel (AIIS). “Exports of American made steel increased in May primarily due to improved shipments to our NAFTA partners and other countries in the Western Hemisphere,” said David Phelps, AIIS president, […]
An Israeli newspaper reported there are plans to build new terminals in both Haifa and Ashdod and they “will mark a major step forward in efforts to break powerful public sector monopolies and the unions that dominate them.”
Prior to his confirmation, he served as the mayor of Charlotte from 2009 to 2013. During that time, he is credited with making transportation investments the centerpiece of Charlotte’s job creation and economic recovery efforts.
President Obama wrapped up a visit to South Africa, Senegal and Tanzania, where he announced an initiative to increase trade and investment in sub-Saharan Africa as well as a redoubling of efforts to combat poaching and illegal trafficking of wildlife. The Trade Africa initiative is designed to move the relationship between one of the […]
With Southern California the load center for domestic and international business, most of what’s coming out of the region is container freight stuffed into domestic containers or trailers, said investment bank Stifel.
MOL said it is continuing to tow the fore portion of the containership MOL Comfort to a port where containers can be salvaged. The company said tow wires became disconnected on July 1, but “recovery work was completed and we have resumed towing operation.” The ship’s hull fractured on June 17 and […]
