Leaders of the European Union aim to ameliorate the effects of sanctions on EU firms following President Donald Trump’s decision to withdraw from the Iran nuclear deal.
The South Korean ocean carrier posted a net loss of U.S. $162.3 million for the first quarter but is still investing in newbuilds and a container terminal.
Saltchuk has appointed Tim Nolan president and CEO of TOTE, succeeding Anthony Chiarello, who will depart the domestic ocean carrier on July 16.
In some cases, foods will still be subject to a June 18 compliance date, but in other cases, the deadline has been pushed back one to two years.
Randall E. Curran and Welsh, Carson, Anderson & Stowe initially will focus on U.S.-based contract logistics and transportation management firms.
Loaded export container traffic drove the 3.8 percent year-over-year increase in overall container volumes.
The Commerce Department move is based on inconclusive end-use checks of compliance with U.S. export control regulations.
The weekly direct route sails from the Dominican Republic to Port Everglades.
“BiTA recognizes the importance of creating a forum for industry leaders to establish industry standards,” says President and COO Jon Poelma.
The company says it is the only freight carrier to serve three international airports with scheduled flights within and out of Mexico.
A Kansas City Southern exec says the energy sector needs to be included in the trade deal because the U.S. could eliminate almost half its deficit with Mexico by exporting refined products.
Despite a revenue boost from the Hamburg Süd purchase, “margins in the ocean segment were significantly impacted by higher unit costs,” says CEO Skou.
The hype behind applications in cargo movement might be well-founded, but blockchain’s early-stage evolution makes it impossible to predict where the technology will go from here.
Second-largest container carrier Mediterranean Shipping Co. will continue to transport “certain legally acceptable cargoes” like food during the wind-down period.
The Australia-based global logistics software provider continues its acquisition spree with the purchase of Ulukom.
Penalties hiked for outbound cargo from China booked on the shipping line’s portal.
Edward R. Hamberger, president and CEO of the Association of American Railroads for more than 20 years, will be retiring in early 2019.
Port Authority warns, “Negative trade rhetoric will impact our ability to compete on a global stage.”
The Fighting Opioid Abuse in Transportation and Surface Transportation Board Information Security Improvement acts are among the agenda items to be reviewed.
Industry veterans Cannizzaro, Larrabee and Winfree are tapped to serve.
