The U.S.-Libya Business Association (USLBA) on Wednesday welcomed the “Cairo Declaration” announced by the foreign ministers of Libya, Tunisia and Egypt. The declaration strives for the three countries to create a free-travel zone, allowing citizens and tourists to move freely between the three countries. “If implemented, visa-free travel among citizens and tourists […]
The U.S. International Trade Commission said three years after its implementation, the Earned Import Allowance Program (EIAP) is not providing enough incentives to help boost the competitiveness of Dominican apparel exports in the U.S. market. The nonpartisan, fact-finding agency reached its conclusion in the recently released report (https://www.usitc.gov/publications/332/pub4340.pdf) “Earned Import Allowance Program: Evaluation […]
EU ProSun said Europe’s solar industry is “being decimated by unfair competition from China leading to layoffs, and one major European solar bankruptcy every month,” furthering warning the domestic industry will disappear.
A coalition representing manufacturing, agricultural, retail, and transportation interests, jointly filed a friend of the court brief supporting the ATA’s challenge to the hours of service rules handed down last year by the FMCSA.
Lea Bogatch-Genossar has been appointed president of Zim American Integrated Shipping Services, effective Aug. 6. She will replace Shaul Ramon, who finishes a three-year tenure.
Liner carrier Mediterranean Shipping Co. said it’s raising rates on cargo moving from Asia/Southeast Asia countries to the United States, including Puerto Rico. The general rate increases, effective Sept. 1, are as follows: To U.S. West Coast ports and Puerto Rico, $400 per 20-foot container, $500 per 40-foot container, and $550 per 40-foot high-cube […]
APM Terminals has signed a 32-year concession contract with the Port Authority of the Port of Lazaro Cardenas (APILAC) for the design, financing, construction, operation, and maintenance of a new container terminal at the port.
Intelligrated, a North American provider of automated material handling solutions, services and products, confirmed today it has been acquired by a holding company owned by Permira, a European private equity firm, in a transaction valued at more than $500 million. Intelligrated will continue to be led by founders Chris Cole and Jim McCarthy, […]
Con-way Inc. said it had 2012 second-quarter profit of $41.8 million, compared to $29.4 million in the same period last year. Revenue for the 2012 second quarter (after intersegment eliminations) was $1.45 billion, a 7.2 percent increase from last year’s second-quarter revenue of $1.35 billion. The company said Con-way Freight, its less-than-truckload […]
The Port Authority of New York and New Jersey said the ExpressRail system that serves its marine terminals handled 228,298 containers in the first six months of the year, 10 percent more than in the first half of 2011. Rail volume grew much more quickly than container volume at the port which was 1,583,709 containers […]
Swissport, a provider of ground services to the aviation sector, has chosen SysAid to deploy its IT Service Management (ITSM) helpdesk software to run Swissport’s IT operations in the United States. Swissport will use SysAid to manage its internal IT department, including the help desk and asset management. Swissport said it went with […]
Service Parts Logistics (SPL), one of Africa’s largest information technology parts distributors, has released a new reverse logistics and parts management software called iSuppli – not to be confused with the global market research firm of the same name. iSuppli will give service providers visibility into their returned parts moving through the supply chain. The company […]
Tropical Shipping, which primarily transports containerized freight to the Bahamas and the Caribbean, moved 40,000 TEUs in the second quarter ending June 30, up from 36,500 TEUs in the same period last year. Volumes were reported by AGL, an Atlanta-based natural gas utility which acquired Tropical in December as part of its purchase of the Illinois […]
The U.S. arm of AMI, a large air freight and express space wholesaler, has centralized its Spot Rates department at its U.S. headquarters in Dallas. The action replaces separate, smaller operations in its other offices in New York, Chicago, Los Angeles and Atlanta. The new department has four full-time staff, headed by […]
The Japanese ocean carrier “K” Line on Wednesday released internal schedule reliability metrics on five trades for the months of April through June, with a comparison to the first quarter of 2012. “K” Line has joined a growing list of carriers that are reporting such information publicly, including compatriot line MOL and Singapore’s APL. […]
The decline in coal traffic this year is having the salutary effect of improving overall service on freight railroads in North America, according to Larry Gross, a senior consultant for Indianapolis-based econometrics firm FTR Associates. Railroads are running about 8 percent faster than in 2011 because there are fewer unit coal trains on […]
Trailer Leasing Alliance (TLA), based in Wayne, Pa., has started full-service trailer leasing operations with 16,000 late model 53-foot trailers. These trailers were recently acquired by US Trailer Holdings. TLA is the newly formed joint venture owned by Milestone Trailer Leasing of Tiburon, Calif., and Bowman Sales and Equipment in Hagerstown, Md. […]
The logistics service provider Globe Express Services said Wednesday it has recently opened a roughly $10 million industrial warehouse and office complex in Dubai’s Jebel Ali Free Zone. The 67,449-square-foot warehouse has six loading doors and space for 4,780 pallets. “Our investments to build the Jebel Ali warehouse and office facility is a […]
Saddle Creek Logistics Services, based in Lakeland, Fla., has appointed Duane Sizemore to senior vice president of marketing and business development. Sizemore takes over from Stephen Cook, Saddle Creek’s long-time head of marketing and business development. Cook will become vice president of strategic development, based in St. Augustine, Fla. Prior to joining […]
WCT World Container Trading GmbH of Germany has appointed Olaf Gayko to managing director. Gayko’s experience includes management of container trading and leasing. WCT started operations in 1998.
