There may be a need for further improvements to the Panama Canal even after the waterway completes its current expansion in 2015, said Alberto Alemán Zubieta, former administrator of the Panama Canal Authority.
Nine global logistics networks have banded together as the founding members of ELITE, a global freight forwarding association comprising more than 3,550 companies with revenues in excess of $60 billion. The founding networks include the Global Logistics Network, Lognet Global, the WCA Family of Logistics Networks and the WCA Projects Network, the Worldwide […]
DB Schenker has announced its expanded lead logistics service, a fourth party logistics program in which DB officials will manage and integrate service providers among a customer’s supply chain. “We have noticed that demand for this special service is increasing across Europe,” DB Schenker’s Karl Nutzinger said in a statement. “We offer efficient cost controls […]
Delta has acquired a 49-percent stake in Virgin Atlantic Airways for $360 million, forming a joint venture focused on North America-U.K. routings. DOT and the European Commission are expected to approve the deal in early 2013.
About 200 ILA wage scale delegates, meeting this week in Delray Beach, Fla., with employer representatives from the U.S. Marine Alliance (USMX), voted unanimously to grant union president Harold Daggett the ability to call a strike.
The Singapore-based electronics manufacturing services provider Flextronics and Google-owned Motorola Mobility said Monday that they have signed a definitive agreement designed to streamline supply chain operations between the two entities. The agreement will see Flextronics acquire Motorola’s manufacturing operations in Tianjin, China, as well as assume the management and operation of its Jaguariuna, […]
The New Jersey-based transportation software developer Aljex Software said Monday it has introduced a new service that enables carriers to fax documents directly into a broker’s or third partly logistics services provider’s hosted Aljex system. Integrated Inbound Faxing (IIF) allows a broker using Aljex’s system to receive faxed proofs of delivery (PODs) or […]
CMA CGM said Tuesday it has taken a stake in the Pier J container terminal in the Port of Long Beach, joining an already existing terminal operations consortium between SSA Marine and COSCO. The parent company of the French container line will join via its American subsidiary, CMA Terminals California (CTC). The existing […]
Light-weight pallet maker Airdex International has promoted Randall “Randy” Boeller to vice president of global logistics. His responsibilities will be focused primarily on growth of Airdex’s products in the high-tech, medical products, and pharmaceuticals markets in all global regions, the Henderson, Nev.-based company said. Boeller previously worked in the computer industry and […]
CBP solidifies ties with Israel Customs. U.S. Customs and Border Protection is laying the ground work for an agreement to mutually recognize the Israeli Tax Authority’s Authorized Economic Operator program. The agency said Deputy Commissioner David Aguilar, who has headed the organization the past 11 months, met with Israeli Customs Director General Doron Arbely […]
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 […]
