Three Philippine nationals were convicted Monday in Los Angeles of illegally importing military grade weapons into the United States after being caught in a sting operation that was conducted in the Philippines, the Justice Department said. Sergio Syjuco, 26; Cesar Ubaldo, 27; and Arjyl Revereza, 26, were convicted after a four-week trial by […]
Soren Skou, chief executive officer of Maersk Line, outlined plans to improve service to customers on Monday during a keynote speech at the Journal of Commerce‘s 13th annual TPM conference in Long Beach, Calif. Skou said the company is taking steps to improve revenue and reduce costs, telling the audience he expects freight […]
Third party logistics services provider AutoInfo has been acquired by a subsidiary of Comvest Investment Partners for a 7 percent premium on the company’s Feb. 28 share price. AutoInfo’s board has approved the merger and is awaiting approval of its shareholders. The agreement is expected to close in the second quarter. “Comvest’s growth […]
The European Shippers Council has denounced a European Court’s recent judgment that gave a Deutsche Bahn subsidiary management of the German railways. The European Union had brought a court challenge alleging that Germany wasn’t properly adhering to unbundling, a measure in the current EU railway package that separates rail transport and infrastructure management […]
Supply Chain Solutions, a Grand Rapids, Mich.-based logistics services firm, will lease 38,500 square feet at a warehouse in Lafayette, Ind., near Interstate 65, as part of its ongoing Midwest expansion. The five-year lease comes with expansion opportunities up to 147,000 square feet. Supply Chain Solutions is relocating its Chicago warehouse to Lafayette […]
Auto dealers and wholesalers who buy used vehicles via Ally Financial’s SmartAuction online now have the option to transport them via ShipCarsNow. ShipCarsNow, a Union Pacific subsidiary, provides auto transport throughout the United States via door-to-door rail and direct truck service. It’s connected with other Class I railroads and more than 7,000 trucks […]
“Unfortunately, no one — ACMG included — is predicting a near-term return to steady growth of 6 percent per year, a rate which was commonplace before 2000,” Robert Dahl, managing director of ACMG, said.
The trade association, which represents many of the world’s shipowners, has picked Angus R. Frew to succeed retiring Torben C. Skaanild as secretary general and chief executive officer later this year.
U.S. Customs is using plans for how to resume business in the wake of a natural or man-made disaster as a guideline for dealing with the forced budget cuts that went into effect March 1, the agency said in a memo.
It’s been governance by crisis the past two years in Washington. First it was the debt-ceiling standoff that nearly wrecked the nation’s credit rating, then there was the two-week partial shutdown of the Federal Aviation Administration after a partisan dispute over unionization of airline workers, and finally a reauthorization bill last year after […]
The transportation management systems (TMS) providers 3Gtms and Transite Technology said Tuesday they have merged to focus on providing “highly specialized” TMS applications to mid-market companies. “Transite’s product suite is the ideal platform to develop a very broad suite of transportation software, while 3Gtms’s initial suite includes a brokerage system, a standalone rating […]
Maryland Gov. Martin O’Malley has proposed a new 2 percent sales tax on gasoline as part of a proposed transportation plan aimed at generating $3.4 billion for highway and transit projects over the next five years.
Emirates Shipping Line said Tuesday it has joined a service between China and India operated by APL and OOCL. Emirates will use the CIX moniker for the service, the same used by both operators. The service has a rotation of Xingang, Dalian, Qingdao, Busan, Hong Kong, Chiwan, Singapore, Colombo, Nhava Sheva, Pipavav, Port […]
The Sri Lanka Freight Forwarders Association (SLFFA) has partnered with the Cargo Community Network (CCN) to bring CCN’s electronic services to the country’s air forwarders. The platform, CCNhub, allows forwarders to electronically make allotment and sales bookings, review flight schedules, track and trace shipments, distribute neutral air waybills. The system also allows e-invoicing and payment. […]
The liner carrier CMA CGM said Tuesday it plans to raise rates on European exports to the west coast of South America from April 1. The increase, 300 euros per TEU, is applicable from origins in Scandinavia, the Baltic, United Kingdom, Ireland, and continental Europe (including Atlantic ports in Spain and Portugal). – […]
A congressional watchdog agency found that agriculture inspection fees collected by U.S. Customs and Border Protection and the Animal and Plant Health Inspection Service continue to come up short. Specifically, the Government Accountability Office’s analysis discovered a more than $325 million gap between fee revenues and total program costs in fiscal year 2011, […]
Classification society ABS said its chairman Robert D. Somerville will retire, effective April 30. Current President and Chief Executive Officer Christopher J. Wiernicki will become chairman of ABS subject to final election by the board during its next meeting on April 22. Somerville has been with the society for 43 years, and […]
American Airlines’ parent company, AMR Corp., and US Airways have received a request for additional information from the U.S. Justice Department concerning its proposed merger. The move is a normal step in the process, and officials still expect the deal to close in the third quarter. American and US Air announced the […]
The Commerce Department has determined the Chinese government subsidizes hardwood and decorative plywood production which is then exported to the United States. Specifically, the department determined on Feb. 27 that producers/exporters from China have received countervailable subsidies ranging from 0.22 percent (de minimis) to 27.16 percent. Linyi City Dongfang Jinxin Economic & Trade Co., Linyi […]
President Obama’s 2010 plan to double export levels by 2015 prioritizes exports from small businesses, and he tasked the Small Business Administration and five other agencies with promoting exports from small businesses. In a report to the Senate Committee on Small Business and Entrepreneurship, the Government Accountability Office found the SBA’s coordination with the […]
