American Shipper

A federal indictment says fraudulent accounting practices between 2014 and 2017 resulted in a $245 million loss to shareholders.

White House official Peter Navarro said online marketplaces, payment processors and customs brokers believe they have “no liability and that simply has to stop.”

The Northwest Seaport Alliance also approved a 32-year lease with SSA Terminals, which will begin operating the terminal once the first phase of construction is complete.

The large volume of shared exports and imports between the U.S. and Mexico reflects the “highly integrated” manufacturing supply chain, a Chamber of Commerce official said.

The Advanced Transportation and Congestion Management Technology Deployment grants for “early deployments of cutting-edge technologies” go to 10 projects.

A state pork producers association board member told a House subcommittee that Mexican and Chinese retaliatory tariffs have had a huge negative impact on U.S. pork exports.

A Chinese trade delegation led by Vice Premier Liu He is in Washington, D.C., and tariffs and enforcement are expected to be major topics of this week’s meetings.

The Deutsche Post DHL Group subsidiary will invest $100 million to construct 1.7 million square feet of warehousing space at its South Carolina site.

The McCain Foods subsidiary said the acquisition of A&S Kinard and Buckler Transport will propel it into the top 10 North American suppliers of dedicated truck services.

Navis Smart will allow customers to take advantage of artificial intelligence and machine learning.

The two intra-European transport brands will operate under the Containerships brand.

“We will immediately redeploy hundreds of CBP personnel to the border to respond to this emergency,” Homeland Security Secretary Nielsen said.

Crowley leaders change roles, MTC appoints a new president, C.H. Robinson names an interim CFO and the Port of Longview welcomes a business development chief.

The airline plans to increase to a twice-weekly frequency at Rickenbacker International Airport, which moved more than 5,000 tons of cargo for the carrier in 2018.

The Arizona-headquartered freight broker has made nine acquisitions since January 2017.

The Maersk subsidiary said it will focus on its container business, although the RAO Tankers business unit is not included in the sales agreement.

Online retailer and supply chain services provider is expected to increase its ownership in Atlas Air and ATSG, with stock offerings that accompany additional plane leases.

DSV will acquire Panalpina in an all-stock deal to create the world’s fourth-largest freight forwarder.

The number of structurally deficient bridges in 2018 fell at the slowest pace in five years, according to the American Road and Transportation Builders Association.

A common thread has emerged among recent OFAC violations: U.S. trade compliance breaks down in overseas affiliates and subsidiaries.