The European Commission has delivered a document to UPS and TNT Express detailing the reasons why it objects to their intended merger, the two companies announced Friday. Combination of the two integrated parcel delivery companies would create a powerhouse in Europe rivaling DHL. EU regulators in recent weeks have hinted in recent weeks at […]
The U.S. Justice Department has intervened in a lawsuit that claims the Houston-based stevedore, Jacintoport International LLC, a division of Seaboard Corp., overcharged for loading food aid cargo.
The liner carrier MOL said Friday it met internal intermodal transit on-time performance targets for five of 18 origin-destination pairs in the third quarter of 2012. The carriers has tracked the on-time performance of intermodal moves from three ports in Asia (Shanghai, Yantian, and Cai Mep) to six mostly inland U.S. points (Atlanta, […]
The U.S. Commerce Department has initiated antidumping and countervailing duty investigations of hardwood and decorative plywood imports from China.
The liner carrier CMA CGM said Friday it plans to increase the peak season surcharge on shipments from the Mediterranean to Latin America from Nov. 1. The existing 125-euro surcharge per TEU will be increased to 150 euros from West Med ports (including Fos, Genoa, Livorno, Napoli, Algeciras, Barcelona, Valencia) to Venezuela, Colombia, […]
Bahri, formerly the National Shipping Company of Saudi Arabia, said it had a profit of 60.2 million Saudi Riyal ($16.1 million) in the third quarter ending Sept. 30, compared to SAR 23.4 million for the corresponding quarter for the year 2011, an increase of 157 percent. Saleh Nasser Al-Jasser, the company’s chief executive […]
Benjamin Port commissioners at the Port of Oakland late Thursday placed Executive Director Omar Benjamin on paid administrative leave following revelations of employees submitting improper travel expenses, including a reimbursement for visiting a strip club. The board of commissioners named Deborah Ale Flint, director of aviation, to interim executive director while the investigation into […]
Kansas City Southern had a net profit of $90.7 million in the third quarter, compared to $100.1 million in the same 2011 period. The railroad said revenues hit a new record of $577 million, 6 percent more than the $544.5 million recorded in the same 2011 period. David L. Starling, KCS president […]
Southeastern Freight Lines, a Lexington, S.C.-based regional less-than-truckload carrier, has expanded its business in Texas by opening a new service center in Fort Worth. The new facility features a 15,000-square-foot office, 10,000-square-foot appointment warehouse, and 125 truck doors. “This service center will lighten the load on our Dallas service center,” said Matt […]
The Federal Mediation and Conciliation Service said Thursday it has stepped into contract talks between several locals of the International Longshore and Warehouse Union and Pacific Northwest Grain Handlers.
Liberty Maritime says proposed changes keep U.S.-owned firms out of MSP. By Chris Dupin A New York shipowner says proposed changes in the Maritime Security Program (MSP) would lock in the current participants of the program through 2025, limiting the military and making it more difficult for companies, including his, to compete for contracts […]
The union’s Local 19, which filed a lawsuit in King County Superior Court Wednesday challenging the decision to build the sports arena, alleges Seattle and King County violated the State Environmental Policy Act.
“Onshoring is still in its infancy and largely limited to anecdotes. However, the scales are beginning to rebalance for some industries as global conditions evolve,” wrote Michael Dolega, TD Bank’s economist.
Old Dominion Freight Line, re-opened its expanded service center in Morristown, Tenn., this week, finishing over a year-long project. The Morristown facility is one the largest among the company’s 219-terminal network. Old Dominion said it “invested millions to expand the facility to 347 doors and hired dozens of new employees in recent […]
The International Air Cargo Association (TIACA) and the International Civil Aviation Organization (ICAO) said Friday they have committed to enhanced cooperation in air cargo transportation.
RedPrairie Corp., a supply chain and retail technology provider, appointed Gary Conway to executive vice president and chief marketing officer. He will be responsible for RedPrairie’s global marketing strategy, including brand management, customer engagement, product strategy and marketing, and demand. Conway, a 35-year industry veteran, most recently served as executive vice president […]
The World Trade Organization Appellate Body on Thursday found in favor of the United States in a dispute challenging China’s imposition of duties on U.S exports of grain oriented flat-rolled electrical steel (GOES). A WTO panel agreed with the United States that China had acted inconsistently with its WTO obligations in imposing the […]
European freight forwarder confidence continues to be weak, according to the latest Stifel Nicolaus Logistics Confidence Index (LCI). October marked the sixth consecutive month of sequential decline in the index, which the investment bank produces with the U.K. research firm Transport Intelligence. The monthly survey of international shippers and forwarders measures freight […]
The new PC assembly line is currently under construction and slated to open early next year, the company said. It will reside within Lenovo’s recently expanded 240,000-square foot distribution center in Whitsett, N.C.
When wind energy company Iberdrola Renewable completes construction of a North American wind farm, Red Arrow Logistics comes up behind to pick up unused supplies and materials and transports them to the next build site.
