The White House has committed to expediting the interagency approval process for transportation infrastructure projects that provide direct economic benefit beyond the city or state in which they are located. In February, President Obama set a goal of cutting in half the timelines for major projects. Reform of the federal permitting process […]
DSV has acquired its Colombian agent, Airmar Cargo S.A., strengthening its position in South America. No financial terms of the deal were disclosed. Airmar was founded in 1997 in Bogotá and has been DSV’s exclusive agent in that market since 2009. The firm’s 60 employees and branches in Bogotá, Medellin, Cali and […]
A U.S. House of Representatives’ panel established this year to identify ways to improve freight transportation efficiency in the United States toured FedEx’s main air hub and the Port of Memphis as it gathers information to make recommendations for the next surface transportation reauthorization bill next year. The Panel on 21st Century Freight Transportation […]
In March, less than five years after setting its goal, FedEx Express scored a 22 percent cumulative improvement in fuel economy for its vehicles and set a revised goal to improve the efficiency of its vehicle fleet 30 percent by 2020.
“Instead of inward-facing analysis to determine the product roadmap, we put our customers at the center of every decision,” said Jean-Francois Gagne, JDA’s chief product officer. “The end result is an integration, innovation and development path.”
The URCS is the STB’s general purpose costing system that’s used to estimate variable and total unit costs for Class I railroads, including making determinations on whether a railroad’s rates are reasonable.
The transportation management software company MercuryGate last week said it has partnered with the U.K.-based e4Data Systems to establish its Europe/Middle East/Africa region. MercuryGate TMS is widely used by global logistics service providers and shippers across all vertical markets. “We’ve always had the ability to plan and execute complex, multi-leg, cross ocean, […]
Conexus, a third-party logistics services provider based in Tulsa, Okla., has relocated its Laredo, Texas operation to a larger facility within the same city. The company first started operations in Laredo in 2006. The new office is nearly triple the size of the previous location and sits on a 15 acre campus […]
Barbican Group Holdings Ltd. has acquired Seacurus Ltd., a U.K.-based specialist marine insurance broker that’s a leading provider of marine kidnap and ransom insurance. Seacurus will continue to operate under its current brand. Details of the transaction were not been disclosed. David Reeves, chief executive officer of Barbican, said “Seacurus is an excellent […]
“I intend to use every tool to increase exports of Made-in-America goods and services, level the playing field for our people to compete and win in the global economy and fully enforce our trade rights,” he said during his swearing-in ceremony.
A study released last week by the Maritime Administration said in 2011 the U.S. private shipbuilding and repairing industry directly provided 107,240 jobs (including payroll and self-employed jobs, including part-time jobs), $7.9 billion in labor income, and $9.8 billion in Gross Domestic Product. Including direct, indirect, and induced impacts on a nationwide basis, […]
After 35 years of service, FedEx parked the last of its Boeing 727 narrow-body freighters when the plane landed Friday afternoon at its hub in Memphis. The midsized freighter was first introduced to the FedEx fleet in January 1978.
Rahul Kapoor, senior analyst at Drewry Maritime Equity Research, said “the sheer collapse in Asia-Europe freight rates in the past two months shows how fickle the industry’s demand supply balance remains.”
The Port of Virginia is off to a red-hot start to 2013, posting its best TEU volume growth through five months than any time in its history. In May, the port handled 191,368 TEUs, an increase of 12,784 units, or 7.2 percent, compared to May a year ago. For January-May, volumes are 6.3 […]
Members of a large shipowners’ association that rely on the Malacca and Singapore Straits to transport marine freight to the region and around the world this past week sailed through an acrid haze of smoke originating from forest fires in Sumatra, Indonesia. The Singapore Shipping Association (SSA) is deeply concerned about the effects of […]
Shipper groups are calling for the proposed “P3 Network” between the world’s three largest container carriers – Maersk, Mediterranean Shipping Co., and CMA CGM – to be scrutinized by regulators. The three companies said earlier this week they want to begin an operational alliance in the second quarter of next year on the major […]
DOT has proposed new or expanded U.S. air carrier rights from four cities – Los Angeles, Atlanta, Detroit, and Charlotte, N.C. – to the Brazilian city, namely for American, Delta, and US Airways.
After close scrutiny of the competitive effects of the proposed equity investment and joint venture, the Justice Department concluded the facts and circumstances did not warrant any further investigation.
The U.S. International Trade Commission on Thursday determined that domestic industry is harmed by imports of xanthan gum from China that the Commerce Department has determined are sold in the United States at less than fair value. The ITC, however, determined that similar imports from Austria posed no harm to U.S. industry. All six […]
The U.S. Federal Maritime Commission (FMC) has received 15 ocean transportation intermediary license applications and changes for review.
