Senate passes bill intended to hamper Iran’s energy, port, shipping, and ship-building sectors, but legislation is likely to face ax due to Obama Administration concerns that it conflicts with existing sanctions
The European Commission has set its sights on developing a low-carbon maritime transportation network for the Adriatic and Ionian seas. A healthier marine environment and a safe maritime space are two of the goals that the European Commission has wrapped up in its new strategy to transform the area. The commissioners want […]
The supply chain software developer LOG-NET on Monday released an update to its international supply chain management and global trade management platform. LOG-NET Version 7.0 provides intuitive drag and drop dashboards, pre-configured business intelligence components, integrated social messaging, new six sigma ready statistical trade lane assessment, new compliance capability and enhanced visibility milestones […]
The Pacific Northwest Grain Handlers (PNGH), an association of export grain terminals, said Thursday they have extended a deadline for acceptance of its contract offer to the International Longshore and Warehouse Union (ILWU) until Dec. 8. The companies had asked for a union decision of what they said was their “last, best and […]
Shippers are asking the White House for help in ending the strike by longshoremen in the ports of Los Angeles and Long Beach, the nation’s largest.
The credit rating company Standard & Poor’s said this week that container ship operator CMA CGM S.A.’s liquidity has rebounded over the past few months due to the company’s improved operating performance. It said it expects the French carrier’s “liquidity should improve further over the coming months thanks to the likely closing of […]
Non-vessel-operating common carrier Shipco Transport is expanding its presence in South America by offering an air freight consolidation service to Chile. “Rapid growth in the Chilean air freight market has resulted in a large consumer demand,” said Carlos Aybar, Shipco’s general manager for the Chile office. “With increasing opportunity in the market, the […]
Dubai-based global container terminal operator DP World has launched a major shipper-awareness and confidence-raising campaign in the UK ahead of the October 2013 opening of a new deepwater London Gateway terminal, located in the River Thames 25 miles from the center of London. Following shipper and other cargo-interest events in Manchester and London, it […]
UPS and TNT have submitted potential concessions to the European Commission to aid progress on their proposed merger, with a focus on selling assets and granting air access to outside companies to ease competition concerns
A briefing published by Drewry Supply Chain Advisors this month is cautioning logistics managers about buying short-term freight contracts next year as a way of saving money. “As global container supply keeps increasing fast and box traffic slows down (or goes into decline), these logistics managers believe that the supply-demand balance and rates […]
The International Civil Aviation Organization will launch the initial phase of an online registry for air operator certificates (AOC) on Dec. 1, a further step in the movement toward taking paper out of the air cargo supply chain. The online database will include information currently only used in paper form, representing significant cost […]
Airbus has made adjustments to the payload capabilities of its A330-300 and A330-200 planes, bringing the maximum takeoff weight for the craft up two tons to a 242-ton maximum and adding additional fuel capacity to the -300. The expanded capabilities will hit the market in 2015. Airbus officials made the fuel-capacity adjustment […]
The Greater Miami Chamber of Commerce on Thursday honored Gilbert Lee Sandler, founding member of Miami-based customs and international trade law firm Sandler, Travis & Rosenberg, with its first-ever Ponce de Leon Pioneering Spirit Award. In celebration of the 500th anniversary of de Leon’s arrival in Florida, the Chamber created the award to recognize […]
Caitlin Hughes Rayman, Maryland Department of Transportation assistant secretary for transportation policy and freight, will serve as director of the U.S. Federal Highway Administration’s (FHWA) Office of Freight Management and Operations. She replaces Tony Furst, who now serves as FHWA’s associate administrator for safety. “I have every confidence that Caitlin will excel […]
Demand for air cargo drops in October, ending a mini-recovery in September, with IATA chief suggesting airlines attempts to manage capacity not enough to offset weak airfreight demand on a global basis
BIS releases revisions to the Commerce Control List, completing a two-year process aimed at making items on the list clearer for exporters, with comments to the revisions due back at the end of January
Barnhart, a large heavy-lift trucking company based in Memphis, Tenn., has expanded its national network by opening a handful of new branch offices. The new locations are Charleston, S.C.; Owensboro, Ky.; and Richland, Wash. Barnhart also opened a fourth new branch in Syracuse, N.Y. with the acquisition of C&C Crane and Rigging. In addition, […]
The U.S. Department of Agriculture said Undersecretary for Farm and Foreign Agricultural Services Michael Scuse will lead a mission to promote U.S. agricultural exports to Russia, Dec. 3-7. Farm representatives from Idaho, Missouri, North Dakota, Oklahoma and Kansas, as well as 23 companies will attend. According to the USDA, two-way agricultural trade […]
The United States is the world’s largest producer, consumer, and exporter of remanufactured goods, according to a new report by the U.S. International Trade Commission. Remanufacturing, which is the process of restoring end-of-life goods to original working condition, is an increasing activity in many industrial sectors and supports at least 180,000 jobs throughout the […]
The world today is less globally connected than it was five years ago, according to the second edition of DHL’s Global Connectedness Index. While international trade, population, capital and the exchange of information — key measurements of global connectedness — experienced sharp growth from 2005 to 2007, these measures have dropped off due […]
