To take further advantage of the increased trade between the United States and Mexico, CEVA has added a bonded trucking program targeted at Mexican importers and a new intermodal service to its U.S.-Mexico Transborder portfolio. “Mexico Direct” will help importers achieve faster customs clearance by combining its ground LTL service on the U.S. […]
This result includes a provision of $40 million that the board of CSAV decided to make to cover possible costs as a result of investigations into breaches of free-competition regulations in the car-carrier shipping business.
An antitrust litigation firm based in Houston said it has filed a nationwide class action law suit against some of the world’s largest vehicle shipping companies, alleging price fixing of car carrier services. Susman Godrey filed the vehicle carrier case May 24 in the U.S. District Court for the Middle District of Florida. […]
Norbert Dentressangle has purchased the Italian, Spanish and Portuguese logistics operations of Fiege for an undisclosed amount. By picking up Fiege Borruso and FLI spa, a pharmaceutical operation, in Italy, Norbert has doubled the size of its holdings in the country, making it the fourth largest logistics company in Italy. Fiege, which will […]
The International Civil Aviation Organization has signed a new agreement with Canada to keep the agency in its Montreal home through November 2036. The current agreement, signed in 1996, would have expired in 2016. “ICAO is very grateful to Canada and the local Quebec and Montreal governments for their continuing efforts to facilitate […]
The United States and Saudi Arabia on Tuesday signed an Open Skies air transport agreement that will expand commercial service for shippers and travelers, following a transition period, the U.S. State Department said. The agreement will permit unrestricted air service by the airlines of both countries between and beyond the other’s territory. It […]
The 15 container shipping companies that are members of the Transpacific Stabilization Agreement are recommending a “guideline” general rate increase (GRI) for all commodities in the amount of $400 per 40-foot container (FEU) to the U.S. West Coast and $600 to all other destinations, subject to contract terms, effective July 1. The announcement […]
Promoting best practices, supporting new strategy development and encouraging research are just some of the ways to reduce global emissions, according to a recently signed document between the International Civil Aviation Organization and the Air Transport Action Group. Roberto Kobeh Gonzalez, ICAO council president, and ATAG’s Paul Steele signed the joint statement agreement […]
The third party logistics company and truck brokerage Transplace said Tuesday it has tapped New York-based private investment firm Greenbriar Equity Group LLC as its new equity partner. The 3PL serves more than 700 customers.
The seven new facilities will be located in parts of Singapore, Malaysia, Thailand and Vietnam and will all be open by the end of the year. The company has already completed a 17,000-square-foot facility in Cimanggis, Indonesia.
Japanese airline ANA resumed flights over the weekend with the Boeing 787 Dreamliner for the first time since problems with the plane’s lithium batteries led the U.S. Federal Aviation Administration and other civil aviation authorities to ground the model from commercial service earlier this year, Randy Tinseth, vice president of marketing for commercial airplanes […]
U.S. steel imports increased 4.2 percent in April compared to March, according to preliminary government reporting analyzed by the American Institute for International Steel (AIIS). “Imports increased in April primarily due to an increase in arrivals of semi-finished slab imports for further processing by the domestic integrated industry, suggesting a anticipation of improved […]
SIA Cargo’s president, Tan Kai Ping, blamed the decision on the current weakness in the air cargo market resulting from over-capacity and the high price of fuel. He also left the door open for future freighter adjustments.
Luxair Cargo has opened the 4-million-euro ($5.12 million), 3,000-square-meter Healthcare and Pharma Center expansion at Luxembourg Airport on the strength of increased pharmaceutical business with Panalpina. Built within the company’s existing facility, the new development includes both a “controlled-room temperature” area and a space where the temperature is kept between 2 and 8 […]
During a meeting on the proposed Trans-Pacific Partnership (TPP) that ended Friday, attendees worked through e-commerce, rules of origin and other technical and legal barriers to trade. The next round of talks is scheduled for July 15 in Malaysia. U.S. officials and leaders of 10 additional countries also spent the 17th round of […]
President Obama’s plans to overhaul food aid by allowing more regional and local purchase of food may be revised because of congressional opposition. An article appearing in on the Website of the Roll Call newspaper on Friday said there is concern by members of Congress from both parties that the planned changes would […]
Horizon Lines will start a “marine highway” service between Houston and Jacksonville, Fla., and restore capacity on the Jacksonville-Puerto Rico lane next month. Horizon Lines said its ship Horizon Producer, which today operates in a 14-day loop between Houston and San Juan, will now make an intermediary stop in Jacksonville on the eastbound leg of […]
The Caribbean Shipowners Association announced a general rate increase that will go into effect June 16. The increase is applicable to all contract and tariff rates, northbound and southbound, to and from all Caribbean basin service destinations. The increase is $75 for 20-foot containers, $150 for 40-foot containers and $169 for 45-foot containers. […]
“The drop in productivity has reached some 70 percent and is causing a serious port congestion in Sokhna with vessels not able to load and discharge containers according to their planned schedule,” the liner carrier said.
The first phase of Delta Air Lines’ Terminal 4, part of a $1.4 billion redevelopment, has opened at New York’s John F. Kennedy International Airport. The new development includes nine additional international gates, seven gates that have been renovated, and a host of passenger terminal upgrades. The 346,000-square-foot expansion now makes the […]
