The fund would essentially act as an infrastructure bank, an idea that has been previously proposed by President Obama and other lawmakers. But the term “infrastructure bank” does not appear in the proposed bill.
If passed, forwarders could receive a credit of 40 cents per kilogram for cargo placed on outbound flights from a Missouri airport, starting July 1. The incentive is capped at $7.5 million annually through June 30, 2021.
Total merchandise exports from all 50 states helped contribute to the record-setting value of goods and services exports in 2012, which reached $2.2 trillion.
Liner carrier Evergreen has announced that on April 2 it will impose a general rate increase on all commodities from U.S. ports to Europe and the Mediterranean of $150 on 20-foot containers and $200 on 40-foot, 40-foot high cube and 40-foot high cube refrigerated boxes. Earlier this month, Evergreen announced an import rate restoration for […]
FMC reviews 26 OTI license applications
The U.S. Federal Maritime Commission has received 26 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 26 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 26 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Ri-Time Group, City of Industry, Calif. (Biyu Gao, president); and Trans Atlantic Shipping, Sorrento, Fla. (Timothy A. Voit, president). The agency received NVO/ocean freight forwarder license applications from AC Alliance […]
Applicants hail from 10 states and Puerto Rico.
Those knowing a reason why an applicant should not receive a license or amendment should contact the Office of Transportation Intermediaries.
Individuals knowing of any reason why an applicant should not receive an OTI license or amendment are urged to contact the FMC’s Office of Transportation Intermediaries.
SAP on Wednesday released version 9.0 version of its SAP Transportation Management (SAP TM) application. The release came more than a month earlier than first planned, the global software company said. SAP said the benefits of the new release include improved ocean and new air freight management, manual and automated transportation planning, […]
Two wind turbines were installed this week at the Nestlé Waters North America (NWNA) bottling plant in Cabazon, Calif., which will provide 30 percent of the facility’s electricity. “Hosting wind turbines at our bottling plants is a critical step for Nestlé Waters to support the increased use of renewable energy,” said Michael Washburn, […]
The South Carolina Ports Authority (SCPA) said CMA CGM is adding the Port of Charleston to its Pacific Express 3 (PEX 3) weekly service, providing an additional connection for the region’s shippers to ports across Asia. It said the first ship in the service to call Charleston, the 5,095-TEU CMA CGM Florida, is […]
APM Terminals said a push to improve efficiency at its marine terminals was successful last year with crane lifts per hour – a key indicator – improving “no less than 8 percent” across all its facilities in 2012. The company, part of the A.P. Moller-Maersk Group, has an objective to improve efficiency 15 percent within two years […]
New Jersey-based logistics software provider Aljex Software on Wednesday said it has released a new product for rail intermodal management. The new solution, Vision Intermodal, operates within Aljex Vision-hosted software. Aljex provides hosted management applications for customs brokers, third-party logistics providers and carriers. Vision Intermodal tracks each step in the door-to-door sequence […]
Rickmers Maritime, the Singapore-based ship-owning subsidiary of Germany’s Rickmers Group, saw its 2012 operating profits drop 32 percent year-on-year to $27.6 million. Revenue dropped 3 percent to $144.3 million. Rickmers is a business trust that owns and operates containerships under long-term, fixed-rate charters to global container liner companies. It owns 16 ships […]
Jim Barber will become the next president of UPS International when Dan Brutto, a 38-year industry veteran, retires in April. Barber currently serves as the president of UPS Europe. He will also join the integrator’s 10-person management committee. Barber has worked at UPS for the past 28 years and in various Europe-based positions. […]
The Pacific Northwest grain terminal operator said its decision was based on evidence that shows two significant attempts to sabotage export equipment were carried out by a member of ILWU Local 4.
DHL Supply Chain will invest 40 million euros ($52 million) in Indonesia during the next few years, more than doubling its vehicle fleet, increasing its employment base by nearly two thirds, and expanding its warehouse space by more than half. The additions are all meant to tap into an estimated double-digit growth in the […]
