“We’re a big part of Latin America, both in people, and in business, and in what makes up American Airlines,” President Kenji Hashimoto told American Shipper. “We’ve been there a long time… and we still see continued upside.”
“K” Line Logistics and Yusen Logistics have pleaded guilty to price-fixing, with “K” Line Logistics paying a fine of $3.5 million and Yusen $15.42 million, according to the U.S. Justice Department’s Antitrust Division.
Minneapolis-based XRS Corp. has appointed Brendan Reidy to president and chief operating officer. Reidy is the former chairman and chief executive officer of Clarus Systems in Redwood City, Calif. He has also held executive-level positions at Qwest Communications/US West, Litton Integrated Automation and Software Alliance Corp. “With the launch of our new […]
Irish Minister Richard Bruton is in Washington today to meet with senior Obama administration officials to generate momentum for a free trade agreement between the European Union and the United States.
The parent company of Ann Taylor and LOFT, ANN Inc., has launched international shipping on its e-commerce sites. The company is now shipping to Australia, Canada, Japan, Mexico, the United Kingdom and across much of Asia, Europe, the Middle East, and North and South America. “The introduction of international shipping marks another […]
DCT Gdansk Container Terminal said Maersk’s 18,000-TEU “Triple E” ship will call its terminal on the Baltic Sea in August. DCT said a Triple E ship “will call for the first time at DCT Gdansk during her maiden voyage from Asia to Europe. DCT Gdansk is extremely honored with the Maersk Line decision and […]
Zim will add a second outbound call in New York to its Zim Container Service Atlantic (ZCA) string that connects the U.S. and Mediterranean ports. Starting this month, the liner company said it will add a call on the eastbound stretch of the ZCA weekly service so that the new rotation will be […]
Drewry, the London-based maritime research and consulting company, said nearly 150 sailings by container carriers were cancelled on the transpacific and Asia-Europe routes between October 2012 and this February, and that “uncertain cargo growth to Europe and the U.S. will encourage ocean carriers to continue with short-term vessel capacity planning, which means more sailing […]
The Jacksonville Port Authority’s 2013 Logistics & Intermodal Conference, March 18-19, will highlight how major global terminal operators are expanding in emerging markets, including those in South America, Central America and the Caribbean – but not investing as aggressively in the United States. Leading this discussion will be senior management from BlueWater Reporting, […]
Less-than-truckload carrier Old Dominion has relocated its Cincinnati facility, increasing the size of the center from 46 to 157 doors. The move is part of a $95 million investment that the company has committed to real estate throughout the country in 2013. The new Cincinnati facility will house 90 employees. “Old Dominion has seen a […]
IAG Cargo has added capacity between Hyderabad and London with an additional Boeing 767 passenger flight. The extra capacity is geared toward Hyderabad’s growing pharmaceutical industry. IAG Cargo’s Pravin Singh has seen steady growth from Hyderabad to markets in North and South America. “This additional capacity represents growth in a commercially […]
DB Schenker Logistics has opened a new cross-docking terminal in Pruszcz Gdański in the greater Gdansk area. Schenker said the new facility is close to roads linking Gdańsk, Gdynia and Sopot and will allow it to further develop business operations in Poland and other parts of Europe. Schenker said its previous terminal […]
A bicameral effort to facilitate trade of low-value shipments is underway with the introduction in the U.S. House of Representatives of a bill that would raise the minimum value at which customs duties are imposed on imported goods. Rep. Aaron Schock, R-Ill., reintroduced legislation (H.R. 1020) similar to that last session that would set […]
The continuing resolution legislation, introduced Wednesday, includes $586 million less for highway infrastructure and safety programs and $118 million less for transit programs than was authorized last summer in MAP-21.
The Low Value Shipment Regulatory Modernization Act of 2013 (S. 489), sponsored by Sens. John Thune, R-S.D., and Ron Wyden, D-Ore., is strongly supported by the express delivery and e-commerce industries.
“It is something that on the face of it sounds so logical, but, quite frankly, behind all this is a property rights question,” said Matthew Rose, the Class I railroad’s chairman and chief executive officer, at the TPM conference.
The European Shippers’ Council and the Union of African Shippers’ Councils have signed a framework agreement to enhance cooperation and communication between the two entities. The councils held their first meeting in Brussels on March 6. The organizations will talk about international trade and transport, discuss regulatory developments in Africa and Europe, […]
COSCO said Friday that CKYH – the Green Alliance, which includes COSCO, “K” Line, Yang Ming and Hanjin Shipping, is reorganizing its service network for Asia-North Europe and Asia-Mediterranean trades in 2013. The CKYH Alliance will be providing four loops (NE2, NE3, NE6 and NE7) for Asia-North Europe and three loops (MD1, MD2, and MD3) […]
In past economic recoveries, air freight has been a driver toward prosperity, but according to Brandon Fried, executive director of the Airforwarders Association, this business activity is likely to be a follower this time around.
Jim McNamara, an ILA spokesman, said the agreement with employers represented by the New York Shipping Association (NYSA) is “subject to some tweaking,” but will be presented to local union officials next week.
