SAI Global Ltd. has acquired the Steritech Group’s supply chain certification services, giving SAI more marketshare in the food safety assurance arena. Steritech’s services include auditing, training and other programs aimed at improving food safety. “We believe that our clients’ supply chain certification needs will be better served by an organization with […]
According to reports posted on the Teamsters’ Website, the most recent proposal the less-than-truckload carrier brought to the union contained a 15-percent wage cut. The union rejected that proposal. Negotiations are to resume April 8.
In the first quarter of 2013, the spot market stayed mostly flat, showing little volatility, which, according to BB&T Capital Markets, was great news for shippers but gave carriers less of a reason to be happy. The absence of volatility, the analysts noted, has not been friendly to C.H. Robinson’s truck brokerage operations. BB&T […]
In proposed legislation, the senator seeks a “merit-based” system for funding port infrastructure. “This bill changes the way we deepen ports and it sets aside money to make sure there will be money there available to us,” he said.
The logistics company Agility said it had net profit of 34.3 million Kuwait dinar (KD) in 2012 ($119.9 million), 27 percent more than in 2011. Revenue in 2012 was 1.4 billion KD, 7 percent more than in 2011. In the fourth quarter, the company reported a net profit of 9.6 million KD, […]
Old Dominion Freight Line said Monday it has relocated its Des Moines Service Center to a facility more than twice the size of its previous service center. The new center has 123 doors on 32 acres. “Des Moines is an important regional hub for Old Dominion due to its central geographic location,” […]
The Atlanta-based global express delivery company has fully cooperated with the investigation and will now implement a compliance program to prevent illegal online pharmacies from using its services.
Obama President Barack Obama made the case for federal investment in transportation infrastructure during a visit to the Port of Miami Friday, where he observed the construction of a $900 million, privately financed port access tunnel that bypasses downtown streets to carry truck traffic between the port and nearby interstate highways. The president used the […]
The United States on Friday announced it’s considering a Trade and Investment Framework Agreement (TIFA) with the Economic Community of West African States (ECOWAS). “A Trade and Investment Framework Agreement with the Economic Community of West African States can significantly contribute to economic growth and increased international competitiveness on both sides of the […]
Trucking between the United States and Canada accounted for more than 53 percent of the $51 billion in trade, and trucking also propelled the $39.5 billion in trade, with Mexico accounting for 67.4 percent, according to DOT.
The U.S Environmental Protection Agency has issued a proposed rulemaking presenting new sulfur standards for gasoline, which will reduce the sulfur content in gas by more than 60 percent. This would reduce the amount of smog and soot in the air, adding great health benefits to the proposed change. The agency cited […]
The U.S. economy grew at an annual rate of 0.4 percent in the fourth quarter, up 0.1 percent from an earlier estimate last month, according to the U.S. Department of Commerce. In the third quarter, the nation’s output of goods and services increased 3.1 percent. The government’s first estimate, which used preliminary data, […]
Organization members agreed to press for ending government air carrier ownership and control, enhanced air cargo liberalization and a focus on minimizing air transport taxes during their recent conference.
Things are looking up for JB Hunt, according to a BB&T analysis ahead of the company’s release of first-quarter results. BB&T predicts intermodal volumes will rise near the top of a company projection, finishing the quarter at 14 percent (the company has a growth target of between 10 and 15 percent). The industry […]
The strike began in mid-March at Angamos, but has since spread to the ports of Antofagasta, Iquique, Mejillones, San Antonio, San Vicente, Lirquén and Coronel. Chilean liner carrier CSAV called the strikes a force majeure event.
The $84 million project, one of four rail projects collectively dubbed the “Green Port Gateway,” was funded by a $17 million TIGER grant from the DOT and $27 million from California’s Proposition 1B transportation measure.
China COSCO Holdings Co. said it had a loss of 8.1 billion Chinese Yuan Renminbi ($1.3 billion) in 2012 down from a loss of 8.9 billion RMB in 2011. Revenues were up 88.3 billion RMB compared to 84.6 billion RMB in 2011 and the operating loss for 2012 was 7.5 billion RMB compared to […]
UTi Worldwide reported a fiscal fourth-quarter drop in revenue of 4.7 percent to $1.09 billion and a decline in net revenues, year over year, of 8.7 percent. Revenues for the fiscal year dropped, year over year, from $4.91 billion to $4.61 billion. Responding to these results, the company is taking steps to […]
Walter Kemmsies, chief economist of Moffatt & Nichol, said Thursday he is forecasting import cargo volumes in the peak season this year could be 5 percent higher than in 2012, but cautioned the economic outlook is cloudy because of government policy uncertainty. One of several speakers at the Port of Long Beach’s annual Pulse […]
IATA’s cargo head, Des Vertannes, said this agreement gives momentum to the goal of creating a paperless cargo infrastructure. He also called it the most significant cargo standard passed in the last 20 years.
