The U.S. Senate Finance Committee on Wednesday passed legislation that makes certain improvements and amendments to the African Growth and Opportunity Act (AGOA), America’s trade preference program for sub-Saharan Africa, and the Central America – Dominican Republic – U.S. Free Trade Agreement (CAFTA-DR). The move follows an announcement by Congress on June 21 of […]
Werner Enterprises had a profit of $30.7 million in the second quarter ending June 30, 11 percent more than in the same 2011 period. Revenue was up 1 percent to $521 million. The trucking company attributed the better profit to “a seasonally improving freight market, operating margin expansion and logistics growth.”
Maryland this month will become the second state to issue electronic hauling permits for the trucking industry, and the Maryland State Highway Administration (SHA) said it will begin providing truckers with a way to carry and electronically display these permits during inspections. State regulations require haulers carry proper permits and attachments to validate their […]
Cambridge Systematics has announced that Monica and John Isbell have joined its Freight Business Line to expand the company’s supply chain and logistics services. The Isbells have experience serving importers, exporters, port authorities, logistics service providers, and government entities. Their roles will involve strategic analysis of markets and sourcing decisions; monitoring markets to […]
Further signs that the U.S. economy could be slowing to a crawl came Monday when the Commerce Department released figures showing that retail sales dipped a half percent in June to $401.5 billion, the third month in a row that sales have fallen. It is the first time since 2008 that retail sales have […]
The Produce Marketing Association and United Fresh Produce Association ended merger discussions Tuesday, citing unresolved differences in combining both their memberships and support staffs.
The liner carrier CMA CGM said Wednesday it will become a vessel provider on a Hanjin Shipping/China Shipping/Yang Ming Asia-Red Sea service on which it already takes slots. CMA CGM will provide one ship on the service from July. The service, which has a rotation of Ningbo, Kaohsiung, Skekou, Singapore, Jeddah, Sokhna, Aqaba, […]
Although Maersk has exited the Wallis and Futuna, and Vanuatu island trades, freight forwarders on the islands are confident that they will find ways through other carrier services to move containerized goods.
COSCO Container Lines and Mediterranean Shipping Co. both said this week they will seek to raise rates on trades from Asia to Latin America. COSCO said Wednesday it will increase rates from the Far East and Indian Subcontinent to Panama, Venezuela, Costa Rica, and Mexico from Aug. 15. To Panama, Venezuela and Costa […]
Air cargo throughput at Hong Kong Air Cargo Terminals Limited (Hactl), the largest air cargo handler, grew 4.8 percent year-on-year in June and 2.4 percent for the second quarter. But volume growth, measured in tons, was flat for the first half, led by a 7.8 percent drop in import volume and a 0.6 […]
It’s Asian gypsy moth season again and U.S. border officials are trying to prevent the pests from entering the United States, where they could pose significant danger to forests and crops.
Two major U.S. railroads reported improved results for the second quarter on Tuesday, with their bottom lines boosted by better revenues from hauling intermodal cargo and automobiles. CSX had a profit of $512 million in the second quarter, a 1 percent increase over the $506 million earned in the same 2011 period. The company said […]
The service decreased its total roundtrip voyage time from 14 days to seven days, and removed one vessel. It now operates weekly with one 3,840-TEU ship in a rotation of Philadelphia, New York, Freeport (Bahamas) and Philadelphia.
Non-vessel-operating common carrier CaroTrans has expanded its partnership with Craft Multimodal for both less-than-containerloads and full-containerloads to the east coast of South America. The companies will now operate together in Argentina and Uruguay, in addition to their 11-year exclusive relationship in Brazil. The partnership will provide end-to-end local support and service from CaroTrans’ 14 offices […]
Sterling Aviation, a division of Quick International Courier, has expanded its services in the Chinese market for critical aircraft-on-the-ground (AOG) shipping and logistics. The company specializes in anytime-anywhere shipping of urgent aircraft parts, rapid returns, heavy weight or oversized freight, and dangerous goods. It said there’s ongoing growth of the aviation industry in China, due […]
Consolidators International, Inc. has appointed Malcolm Bermingham to the new position of vice president of sales and operations. Bermingham, who has more than 20 years of industry experience, has worked at both customs brokerage and freight forwarding firms. Moving from Ireland to Southern California, he started his transportation career as an employee at […]
Crowley Maritime Corp. has promoted Mike Golonka to vice president of the company’s ship management team. Golonka, who previously served as general manager for ship management, will continue reporting to Todd Busch, senior vice president and general manager of technical services, and will remain domiciled in the company’s headquarters in Jacksonville, Fla. […]
MavenWire, an Oracle Gold Partner that specializes in work around Oracle-based and other transportation management systems (TMS), has announced a new cloud-based service that will allow the company to rapidly deploy Oracle Transportation Management for its customers. Calling the service LogisticsWired, the company said that its offering combines Oracle’s TMS offering with the […]
The portal-based ocean transportation technology provider INTTRA and liner shipping analyst SeaIntel have released their first report comparing ocean carrier schedule reliability against actual container delivery. The report, available at www.seaintel.com, is part of a larger analysis that marries SeaIntel’s schedule reliability database with a host of aggregated information compiled by INTTRA from […]
In a lawsuit filed Friday in the U.S. District Court for the District of Alaska, the state seeks an injunction keeping the EPA and Coast Guard from their plans to begin enforcing the North American Emissions Control Area (ECA) on Aug. 1.
