An association representing a half dozen grain terminals on the Columbia River and Puget Sound said over the weekend that federal mediators have called for additional meetings to reach a contract agreement.
President Obama issued an order Thursday forming an interagency task force to coordinate the government’s advocacy on behalf of U.S. firms competing for public contracts in foreign countries.
AIG will sell 80.1 percent of its International Lease Finance Corp., an aircraft lessor with 200 airline clients in 80 countries, to a Chinese-led investor group for $5.28 billion. U.S. and Chinese regulators still need to approve the deal.
The U.S. government expressed its irritation with Russia over the country’s new requirement that U.S. beef and pork shipments be tested and certified free of the feed additive ractopamine. “The United States is very concerned that Russia has taken these actions, which appear to be inconsistent with its obligations as a member of […]
Officials at MNX, a global express air courier service, see opportunity in the sluggish air cargo market and uninspiring economy. Chief Executive Officer Scott Cannon said while 2012 has been unkind to the air cargo industry in general, it has been a very good year for MNX. As the final touches on a year […]
The airline’s cargo operation experienced growth among its 13 freighters in 2012, seeing a 19-percent increase in activity in boarding figures for the first nine months of the year when compared to 2011’s figures.
Capes Shipping Agencies, a Norfolk, Va.-based ships agency and bulk coal freight forwarder, has expanded its operations in New Orleans, Houston and Portland, Ore., through a joint venture with Southport Agencies, a ships agency based in New Orleans. The joint venture, called Capes Southport Agencies, will focus on servicing coal, petroleum coke, and […]
National Foreign Trade Council President said in a blog entry Friday that U.S. trade negotiations with the European Union are paralyzed by “fear of failure.” He noted that while U.S.-EU negotiations have significant high-level political support, that enthusiasm hasn’t trickled down to negotiators. But he said there is a compelling motivation for the […]
FPS network member Sinergy Cargo has opened a 105,000-square-meter cargo terminal in Arquata Scrivia, Italy, near the Genoa port. The new terminal encompasses 10 units spanning 20,000 square feet each and five cereal silos. Large truck parking areas and 2.5 kilometers of rail sidings connected to the national rail system are also part […]
Contract talks resume today between the International Longshoremen’s Association (ILA) and its employers, represented by the U.S. Maritime Alliance (USMX), in Delray Beach, Fla. Shipper groups are urging the two sides to stay at the bargaining table to reach an agreement, with some saying Hurricane Sandy had added new urgency to the need to reach […]
In 1909, explorer Ernest Shackleton left behind bottles of 1896 Mackinlay’s Rare Old Highland Malt Whisky during an expedition in Antarctica. After being found in 2010, the whisky was flown to New Zealand for thawing and then three bottles were shipped to Scotland, where distillery Whyte & Mackay analyzed the liquor for mass […]
A wide group of U.S. companies are urging the International Longshoremen’s Association (ILA) and its employers to “make every attempt possible at reaching agreement on a new contract” when they begin meeting once again next week.
Hoping to clear a muddied path forward for the airline industry and to handle the logistical hardship coming for the world’s air navigation systems, the International Civil Aviation Organization has outlined a 15-year air navigation strategy for the global airline business. Member states and industry organizations put together a revised Global Air Navigation […]
Last year, global cargo volumes finished at 29.6 million tons. Sri Lanka, Vietnam, Brazil, India and Egypt are predicted to be the fastest-growing cargo markets.
“It still remains to be seen whether appropriate solutions will ultimately address our concerns for express-parcel deliveries in Europe,” said Joaquin Almunia, EU commissioner responsible for competition, in a speech.
Arnold Transportation Services, a division of U.S. Xpress Enterprises, has acquired Fort Worth, Texas-based LinkAmerica. The deal is expected to be completed in January. The two companies, which will now employ more than 1,800 drivers and boast a fleet of 1,400 trucks, will conduct business under the Arnold banner. According to a U.S. […]
The New World Alliance will tweak the rotation of three of its transpacific services in the next two weeks, according to an advisory from NWA member MOL. The rotation changes affect the alliance’s PS1, PS2, and SAX services, which are all predominantly operated by NWA member APL. The PS1 service will drop […]
The cause of a deadly accident between a car carrier and small containership off the coast of Rotterdam Wednesday night was still not formally known, but suspected to be caused by human error, according to a report by Reuters. Meanwhile, the death toll from the collision between between the 3,000-unit car carrier Baltic […]
The Brazilian government on Thursday indicated it will invest $26 billion into its congested ports network to make them more efficient and maximize the country’s economic growth potential. Probably the most significant aspect of the announcement, made by President Dilma Rousseff, is that port licenses will be granted to the group that offers […]
In an effort to improve service, reduce costs and lower their environmental impact, Patrick Donahoe, postmaster general of the U.S. Postal Service, and UPS Chief Executive Officer Scott Davis have announced a partnership between the two operations. The program, which is titled “Blue and Brown Make Green,” will allow the companies to better utilize […]
