US Airways announced Friday that it has reached agreement with the three unions representing American Airlines workers on what a collective bargaining agreement would like if the company took over American.
Expeditors International of Washington cautioned investors that its first quarter results may miss estimates by Wall Street analysts. “Our preliminary data seems to reveal a trend where existing customers, particularly air freight customers, are shipping at lower volumes than we experienced during the 2011 first quarter,” said Peter J. Rose, chairman and chief executive officer. […]
The Port of Los Angeles Harbor Commission on Thursday unanimously approved a new five-year strategic plan that focuses on retaining its place as the top U.S. seaport, among a variety of other goals. The plan is built around three main areas of emphasis – competitive operations, strong relationships and financial strength. Underlying those […]
LeanLogistics, a provider of transportation management system applications and supply chain services, has expanded into France by opening an office in Paris. The office will provide support and sales for its logistics services and technology, such as its On-Demand TMS. LeanLogistics’ On-Demand TMS already supports multiple languages and French regulations and government processes. […]
The U.S. International Trade Commission on Thursday determined that imports of certain steel nails from the United Arab Emirates have materially injured the domestic steel nail industry. The case was brought before the ITC by Mid Continent Nail Corp., one of nine remaining domestic steel nail manufacturers. The case alleged that unfairly low-priced steel […]
The Port of Brownsville handled 6.1 million tons of cargo in 2011, 16 percent more than the prior year. The Texas port said in a statement that while it is primarily thought of as a steel port, it has “made a conscious push to diversify the types of cargoes handled.” “We are among […]
FESCO North West Europe said Friday it has appointed Mundo International Logistics as its U.K. agent. The deal allows FESCO to package its container services from Russia and the CIS nations through associated rail and road transport services. FESCO North West Europe is part of the FESCO Transportation Group and offers a […]
Union Pacific reported first quarter profit of $863 million, 35 percent more than the $639 million it earned in the same same 2011 period. Revenue was $4.8 billion in the first quarter of 2012, 14 percent more than in the first quarter of 2011. The railroad said first quarter business volumes, as measured by total […]
Intermodal services provider Hub Group said Friday it had a profit of $13.7 million in the first quarter ending March 31, 30 percent more than the $10.5 million earned in the same 2011 period. Revenue was $739.9 million for the quarter, compared to $485.4 million in the first quarter of 2011.
The substance of comments at a Senate hearing on a proposal for federal oversight of tolls charged on bridges, tunnels and highways got overshadowed by a political brawl more suited for an episode of Jersey Shore than Capitol Hill this week.
The U.S. Commerce Department’s Bureau of Industry and Security on Thursday added Mahan Air General Trading of the United Arab Emirates, as well as Skyco (UK) Ltd. and Equipco (UK) Ltd. of the United Kingdom, to a “temporary denial order” (TDO) issued to halt the illegal transfer and operation of aircraft subject to BIS […]
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service is amending its regulations to allow the import of Chile-grown pomegranates into the United States, effective May 17. The agency said these imports are subject to the “systems approach.” Under this approach, the fruit must be grown at a site that is […]
NationaLease has appointed Brian Sullivan to vice president of national accounts. The Oakbrook Terrace, Ill.-based company’s national accounts program has grown in recent years, with a concentration on customers in the food, beverage, medical, petroleum, and steel industries. Sullivan comes to NationaLease from the engine group at Navistar Inc., where he held […]
Kewill, a provider of global trade and logistics services, has expanded its portfolio to include Kewill Flagship Express, a software-as-a-service (SaaS) platform that provides small and midsized businesses tools to ship goods from the United States. Flagship Express’ goal is to provide small businesses with a way to ship goods cheaper but still offer more […]
New York-based BizSlate, a software-as-a-service package provider for small and midsized businesses (SMBs), has launched its cloud-based enterprise resource planning system. BizSlate’s ERP is targeted at small distribution businesses’ management of customers, vendors, orders, inventory, and their overall supply chains. The company said it can reduce processing time by as much as 90 […]
The South Carolina Ports Authority said it is doubling, to $10,000, the financial incentive for local truck drivers who shuttle containers in and out of the Port of Charleston to replace old, polluting trucks with ones made since 2004. The port launched its voluntary truck-replacement program last fall, offering $5,000 towards the purchase of […]
The liner carrier OOCL said Thursday its 2012 first quarter revenue fell 0.9 percent year-on-year to $1.3 billion, mostly due to a large downfall in Asia-Europe revenue.
The French container line will partner with Maersk Line on two services, and drop out of two existing services – one operated by MSC and CSAV, and another by its subsidiary Delmas.
On Wednesday, the House voted 293 to 127 in favor of H.R. 4348, the 2012 Surface Transportation Extension Act. The bill will extend by three months past June 30 funding for transportation and transit projects, including harbor maintenance.
Hanjin Shipping said Wednesday it is joining two services in the Black Sea region over the next month. The South Korean line will join a consortium service between Asia and the Black Sea from the middle of May. The eight-ship ABX service is currently operated by China Shipping, Yang Ming and “K” […]
