A small, but significant, number of companies have moved some production back to the United States or to Mexico, the Caribbean or Central America because of concerns with long supply chains.
The cloud-based supply chain software provider GT Nexus said this week they have been selected by the carmaker Renault SA to provide a cloud supply chain platform that will support the company’s growing expansion into international markets. GT Nexus has conducted a successful live pilot covering the spare parts export supply chain from […]
The transportation management software providers RedPrairie and JDA Software Group said this week they have received clearance from German anti-competition authorities to proceed with their planned merger this year. The German Federal Cartel Office (FCO) granted clearance under the German Act Against Restraints of Competition, in connection with the previously announced transaction, in […]
After showing steady increases in package volumes each holiday season since 2005, FedEx officials are predicting that 19 million packages will move through the company’s networks on Monday, setting a new one-day volume record. If correct, Monday’s activity will be a large increase over last year, when on Dec. 12, the company handled […]
Third party logistics services firm UTi Worldwide reported profit of $10.5 million in the third quarter ending Oct. 31, compared to $28.5 million in the third quarter last year. Revenue was $1.13 billion in the third quarter, a decrease of 10.7 percent from $1.26 billion in the same period last year. Net revenues […]
These restrictions include the broad use of “non-transparent and discretionary import licensing requirements that have the effect of unfairly restricting U.S. exports,” the Office of the U.S. Trade Representative said.
The Port of Seattle Authority’s commission this week approved a 25-year plan that seeks to grow traffic at the city’s port and airport and create 100,000 new jobs while reducing the port’s environmental footprint. The port authority said its “Century Agenda” seeks to grow annual container volume to more than 3.5 million TEUs. […]
The U.S. Senate on Thursday passed the 2012 Russia and Moldova Jackson-Vanik Repeal Act by a vote of 92-4, clearing the way for U.S. companies to take full advantage of Russia’s recent entrance into the World Trade Organization. Once signed by President Obama, the United States will grant Russia permanent normal trade relations […]
Four men were charged with making illegal exports of carbon fiber from the United States to Iran and China, the U.S. Justice Department announced on Thursday. Carbon fiber has a variety of uses, including in gas centrifuges that enrich uranium and in military aircraft and strategic missiles. The four individuals charged are Hamid Reza […]
COSCO said that on Dec. 4 it signed a strategic cooperation agreement with China Shipbuilding Industry Corp. and an order for two VLCCs, with an option for two more. According to the agreement, COSCO and CSIC will deepen their cooperation in shipbuilding technology, logistics, and transportation. “The signing of the agreement will […]
The Busan Port Authority (BPA) and global container terminal operator PSA International signed a memorandum of understanding Friday designed to stoke cooperation towards a long-term strategic partnership between the two organizations. BPA and PSA said they’ll seek to find opportunities to work more closely to realize mutual benefits in South Korea’s Port of […]
American Trucking Associations applauded Reps. Reid Ribble of Wisconsin and Chuck Fleischmann of Tennessee for calling for a pilot program to require drug testing of hair samples for truck drivers in the United States. The proposed bill would require the Transportation Department to develop a pilot program to test the viability of hair testing on […]
“Puerto Rico’s economy remains in a prolonged multi-year recession, during which time domestic container volumes to the island have contracted sharply,” said Richard Rodriguez, head of the liner’s Puerto Rico service.
The line next month will offer two new services from Manzanillo, Mexico, to the west coast of Central America as part of a restructuring of its service to the region.
The U.S. Justice Department said Markos Baghdasarian, manager of Delfin Group USA LLC, pleaded guilty on Tuesday in the District of South Carolina to charges of conspiracy to violate the International Emergency Economic Powers Act (IEEPA) by making illegal exports to Iran. In addition, he made false statements and failed to obtain the […]
An L.A. port official said the huge size of the two ports – their terminals, workforce, railroad infrastructure and large number of truckers – give them a great deal of “cargo bandwidth,” which should help quickly end the backlog.
APL Logistics said Thursday it has released a version of its SeeChange shipment tracking tool for mobile devices. SeeChange Lite allows customers to secure tracking capability from Apple, Android and Blackberry mobile and handheld devices in a free, downloadable app version. “SeeChange Lite is a step towards enhancing our suite of value-added […]
A Bahamian-flagged car carrier has sunk off the coast of Rotterdam after an overnight collision with a small containership, with at least four crew members reportedly dead and seven more missing. The Baltic Ace was en route from Zeebrugge to Kotka, Finland, when it collided with the Cyprus-registered Corvus J in the North […]
Hyundai said it will increase all refrigerated cargo rates by $1500 per unit on Jan. 1. The rate increase will apply across the board to all commodities from the U.S. and Canada to Asia including the Middle East, Indian Subcontinent and Far Eastern Russia. The South Korean carrier said it “must increase […]
Pegasus TransTech, a developer of data management software for the transportation industry, said Thursday it has released a cloud-based version of its TRANSFLO document management and workflow product for trucking companies TRANSFLO DMS is designed to allow carriers to automate time-critical business processes such as accounts payable and receivable, vehicle maintenance, and recruiting. […]
