The U.S. Justice Department said an Australian man and his company were indicted last Thursday by a federal grand jury in the District of Columbia for conspiring to export sensitive military and other technology from the United States to Iran, including components with applications in missiles, drones, torpedoes, and helicopters. The five-count indictment […]
The U.S. House Ways and Means and Senate Finance committees last week introduced legislation clarifying the Commerce Department’s ability to apply countervailing duties (CVDs) on subsidized imports from non-market economies, including China. The legislation was praised by the Obama administration. “This bill would ensure the 24 existing CVD orders on imports from […]
Aspen Logistics and United National Consumer Suppliers (UNCS) have entered an agreement that will cover the purchase, warehousing, and shipping of products into new online markets. The agreement emerged in response to an increase in Internet shopping, especially online contest and daily deals that have enhanced the momentum of immediacy and whim shopping. Aspen is a […]
Maersk’s new chief executive officer, Soren Skou, explained how the line now plans to make hard-line adjustments to improve profitability, but not at the expense of market share.
The Transportation Intermediates Association and the China International Freight Forwarders Association have entered into an agreement in Beijing to promote mutual commerical cooperation.
Carl D’Emilio, president of the combined companies, said the merger is “interesting and exciting because Advent and eModal had competed for many years in the port community space and in the chassis realm.”
Container throughput at the South Florida port grew 8.3 percent in 2011 on a calendar year basis to 914,913 shipping units, according to statistics provided by the port authority.
Florida East Coast Railway has appointed Andrew Westhoff as vice president of sales and marketing. Westhoff has an extensive railroad background and was with CSX Transportation for over 20 years in various finance and commercial roles. His most recent position was director of yield management for intermodal. Prior to joining CSX, he was with the accounting […]
DB Schenker, based in Berlin, is combining its ocean freight services geared to the beverage industry under the new name DB SCHENKERbeverages. The service previously had a large focus on wine and liquor and was called DB SCHENKERwine. “The new product name is a simple necessity,” said Diederick de Vroet, head of […]
U.S. Customs and Border Protection is expected to release this month a draft strategic plan for taking its Air Cargo Advanced Screening system from a limited pilot program to a mandatory requirement that carriers pre-file information on all air shipments bound for the United States, according to industry representatives and government officials involved […]
Horizon Lines said Friday that it will raise rates for shipping cargo between the mainland United States and San Juan, Puerto Rico, effective April 1. The company has filed the rate increase with the U.S. Surface Transportation Board. Ocean cargo rates per TEU will increase for non-refrigerated service between San Juan and Elizabeth, N.J.; […]
The Swiss forwarding and logistics company Kuehne + Nagel reported a profit of 606 million Swiss francs ($665 million) for the full year 2011, compared to 605 million the prior year. Revenue for the year was 19.6 billion Swiss francs, compared to 20.3 billion in 2010. The company said revenue in North, […]
Massoel, a Swiss-based owner and operator of 14 bulk carriers, has appointed Lionel Fluckiger to chief executive officer and made a number of other changes to its management and operational staff. He replaces Michael Deslarzes, who left the company at the end of 2011. Before that, Fluckiger was chief financial officer since January […]
IJS Global, an Amsterdam-based logistics services provider, has appointed Stefan Heine to managing director for Germany. Prior to joining IJS, Heine held senior positions with other 3PLs in Australia, the United States, South Korea and Singapore. He will be based at IJS’s office in Stuttgart.
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) will amend its regulations to resume, under certain conditions, the import of wooden handicrafts from China. The final rule requires that all wooden handicrafts from China be treated with a heat treatment or a heat treatment with moisture reduction at an […]
Kuehne+Nagel said it’s introducing newly developed active wireless sensors which record and transmit the temperature of pharmaceutical air freight shipments as part of its KN PharmaChain product. The Swiss forwarder said use of these sensors is a major achievement in the segment of “seamless” air freight cold chains for pharmaceutical products. Generally, security rules […]
Last year saw a number of small containership lines drop out of the transpacific trade amid flat demand growth and intense competition. The drop-off was notably sharp in the second half, with American Shipper affiliate ComPair Data estimating a 15 percent withdrawal of eastbound transpacific capacity was withdrawn from July. Conrad Last […]
The 648-foot car carrier Morning Spruce will be held in Oregon’s Port of Portland until safety hazards are corrected and then reinspected and approved by the agency.
Union Pacific Corp. said James Young, chairman, president and chief executive officer, will take medical leave for pancreatic cancer treatment, but will remain chairman during his treatment.
The ocean carrier Delmas, a subsidiary of CMA CGM, has added a call to the Mediterranean hub of Algeciras to five of its Europe/Med-West Africa services. The services, on which parent CMA CGM takes slots, have all added a southbound call to Algeciras.
