TNT Express said the appeal by UPS isn’t a reconsideration or a renewal of the previous merger offer. Officials reiterated that TNT withdrew the offer in January and will focus on its new profit improvement plan.
The Port Authority of New York and New Jersey has agreed to pay the Federal Aviation Administration $3.5 million for aircraft rescue and firefighting violations at JFK, LaGuardia, Newark and Teterboro airports spanning from December 2010 to June 2012. The port authority has 30 days to pay the fine before incurring an additional […]
“The impact of sequestration isn’t yet fully known, but Customs officials are working hard to manage their resources and keep cargo moving,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.
Unions representing Hong Kong dockworkers will hold talks with two contractors and mediators from Hong Kong’s Labor Department on Wednesday, according to a report from Radio Television Hong Kong.
The top port analyst at London-based consultancy Drewry said Monday a deal announced last week in which the liner carrier Mediterranean Shipping Co. will sell a 35-percent stake in its terminals business to the New York-based private equity group Global Infrastructure Partners (GIP) makes sense for both sides. The deal, worth $1.9 billion, […]
General cargo at the Port of New Orleans totaled 7.55 million tons in 2012, 8.6 percent more than in 2011. Volume was boosted by steel imports, which were 1.92 million tons in 2012, 38 percent more than the 1.39 million tons handled in 2011. Other top performing commodities included chemical exports, which […]
The portal-based ocean shipping network INTTRA has launched a new member service that enables shippers to buy cargo insurance from marine insurance specialist FP Marine Risks via INTTRA’s e-commerce platform. INTTRA members can elect to purchase cargo insurance at competitive rates during the shipping process through Alto, FP Marine Risks’ online insurance platform. Effective […]
The electronics manufacturing services provider Flextronics has signed up with the global trade management solutions provider Amber Road to automate the screening of partners, customers and vendors. Flextronics will use Amber Road’s hosted, Web-based Restricted Party Screening (RPS) On-Demand application, with the objective of maintaining a low export risk profile while expediting screening. […]
The software provider Cirrus TMS said Tuesday it has expanded the availability of its software-as-a-service (Saas)-based transportation management technology. Cirrus said the TMS platform was previously only available to a select group of clients, but now the software may be licensed to businesses that prefer to self-manage their freight operations. Since development […]
The ocean carrier NYK Group said it has recently launched a tsunami alert system that will provide tsunami warnings to vessels. Tsunami warnings issued by the Japan Meteorological Agency and other weather service providers will be sent by e-mail to vessels through the company’s NYK e-missions’ system, an existing system that provides information […]
In March, intermodal traffic rose by 0.5 percent, year over year, to 933,208 containers, while the number of carloads declined by 0.5 percent to 1.117 million when compared to March 2012, Association of American Railroads said.
Rickmers Chennai Rickmers-Linie said it will add a another ship to its fleet. The 19,100- deadweight-ton Pacific Winter, to be renamed Rickmers Chennai, is a sister ship to Baltic Winter, originally chartered in by Rickmers in December 2011, and to be renamed the Rickmers Dubai. The ships, built in 2012 and2011, have 800-ton […]
Snowy conditions and industrial actions in Paris, combined with a general slowdown and weak performance in international trade, resulted in weak cargo numbers last month, according to Air France-KLM officials. Cargo traffic at Air France-KLM fell by 12.1 percent in March on a 6.6 percent decline in capacity. Load factor also fell by […]
About 14,500 rank-and-file members of the International Longshoremen’s Union who work at ports along the East and Gulf Coasts are voting today on whether to ratify a new six-year master contract.
Dachser has opened its first bonded container freight station and bonded warehouse in the United States near the Miami International Airport. According to the third party logistics company, the new development will allow it to offer a broader range of services. Staff at the facility will handle import deconsolidations, in-bond cargoes, and combine […]
by Cheryl Garcia, regional vice president, Global Transportation Relationship Management, U.S. Bank Freight Payment In the late ‘90s and early 2000s, organizations were intrigued by the idea that a single enterprise resource planning (ERP) system could meet virtually all of their financial needs. As companies flocked to sign up with the major ERP providers, […]
Freight volume jumped significantly in March, both year-over-year and from February, continuing a trend of strong growth in the first half of the year, though Cass warned of recent historically softening in the second half
Trade advocates encouraged by discussion between 47 nations over long-needed international services pact, which will center on market access and rules for cross-border data flow in the digital age
Strike at Hutchison container terminal in Hong Kong continues as government steps in to try to resolve problems between 500 dockworkers and employers, with service providers suggesting strike is affecting cargo operations
U.S. wildlife agency to use detector dogs to sniff out goods from threatened animals, like elephant ivory and rhino horn, at key port of entry, extending the program from its traditional uses, like preventing bombs and drugs
