The U.S. Commerce Department has approved the Port of San Francisco’s request to reorganize its Foreign Trade Zone (FTZ) #3 under the Alternative Site Framework (ASF) program, a process that requires less paperwork and modernizes the process for businesses to apply for the zone. The ASF is part of a new rule that allows […]
As of March 15, South Korea dropped almost 80 percent of tariffs on U.S. industrial goods exports. According to the U.S. Commerce Department, most of these exports were previously subject to an average tariff of 7 percent.
Third party logistics services provider OHL has expanded its network with a new 400,000-square-foot facility in Plainfield, Ind., and a 200,000 square-foot expansion in St. Louis to fill orders for on-line retailers. The company offers warehousing and transportation management services for electronic retailers, including five out of the top 25 so-called e-tailers, said Bob […]
LogFire, a cloud-based supply chain services provider based in Atlanta, has expanded its existing warehouse management software (WMS) to include a new transload and deconsolidation function for third-party logistics providers. The LogFire WMS Trans Load and Deconsolidation capabilities will help 3PLs move freight from ocean containers to outbound trailerloads based on destination, purchase […]
TSA said carriers should hike eastbound freight rates an additional $400 per 40-foot container (FEU) on April 15. The recommended increase comes on the back of a $300-per-FEU general rate increase which was supposed to take effect March 15.
The liner carrier CMA CGM said Thursday it plans to increase rates on a number of trades between March 1 and April 1. The increases from March 1 are: From India and the Middle East Gulf to East Africa (Mombasa and Dar Es Salam), $250 per TEU. From India and Pakistan to […]
CMA CGM said this week it plans to raise rates on a number of trades from April. The proposed increases are: From India and Pakistan to North Europe, Mediterranean, Baltic, Black Sea and North Africa ports, $150 per 20-foot container and $300 per 40-foot container for dry or refrigerated cargo from April 2. […]
Hanjin Logistics said Wednesday it has opened new offices in Tokyo, Xiamen, and Amsterdam. The Xiamen office is a joint venture with Honesty, a local third-party logistics company, while the Amsterdam office is specifically aimed at enhancing Hanjin’s air freight business. The company, a sister to liner carrier Hanjin Shipping, has opened 10 […]
International Shipholding Corp. said it has entered an agreement to sell two foreign-flag pure car/truck carriers to Norwegian Car Carriers. The Mobile, Ala.-based shipping company said the transaction is scheduled to close by the end of the first quarter and will generate proceeds of about $73.9 million. It said proceeds will be used to […]
The liner carrier MOL said this week it has appointed a new agent in Romania and the Ukraine. From March 1, MOL has been using Amity Shipping as its representative in the two countries.
Purolator International has appointed Jonathan Routledge to vice president of sales and marketing. He was previously the company’s district manager for the eastern United States. Routledge, a 25-year industry veteran, will assist with Purolator International’s U.S. expansion. He started his logistics career at DHL Express in the United Kingdom. In 2009, he moved […]
RNCOS’ 3rd Party Logistics Market in India report says India has seen a continuous improvement to its logistics infrastructure which has had the effect of making 3PL services perceived as a better way to control internal and external processes.
Aramex, a Dubai-based freight logistics services provider, has formalized its entry into the South Korean economy by signing a service partnership agreement with CJ GLS in Seoul. CJ GLS, set up in 1998, has 74 distribution centers and 25 offices spread across 12 countries in Asia, Europe, and North America. The companies cited the South […]
The U.S. Senate on Tuesday passed a two-year, $109 billion bill reauthorizing Department of Transportation programs for highway infrastructure and safety. The 74-22 vote in favor of S. 1813, the Moving Ahead for Progress in the 21st Century Act (MAP-21) was a rare display of bipartisanship in a legislative body that has had […]
XPO Logistics said it had increased the size of a secondary public stock offering from 6 million to 8 million shares. It hopes to raise $126 million through the sale of shares which have been priced at $15.75. The Buchanan, Mich.-based company said underwriters have a 30-day option to purchase up to an additional […]
Container volume at the nation’s two largest ports took a hit in February, with year-on-year throughput dropping 5.3 percent at Los Angeles and 15.2 percent at Long Beach.
Virginia said it exported a record $2.35 billion worth of agricultural products in 2011, 6 percent more than in 2010, with the top overseas markets in Morocco, China and Canada.
Friedman Corp., a subsidiary of Constellation Software, has announced a business partner program to allow other companies to offer its new set of distribution and logistics applications. The company said the program is for distributors, manufacturers, retailers, and logistics companies to aim at their existing customers. The product suite from Friedman includes […]
The Texas port of Corpus Christi officially started operations this week of six large wind turbines as part of the first phase of its Harbor Wind Farm. The project, which was developed by Revolution Energy on the north side of the Port Corpus Christi Inner Harbor, is one of the first wind farms […]
Welcome to American Shipper’s Global Trade Management Landscape Report co-produced with BPE Global and the ICPA. This study looks at GTM in a holistic sense that in a holistic sense that includes supply chain visibility and finance, in addition to trade and regulatory compliance. This study takes an in-depth look at: Defining holistic GTM Understanding GTM […]
