FedEx strikes deal with Textron for up to 100 aircraft
FedEx Express will purchase 50 clean-sheet Cessna SkyCourier 408 aircraft from Textron Aviation, with options to buy up to 50 additional aircraft, the parcel carrier said in a statement.
FedEx Express will purchase 50 clean-sheet Cessna SkyCourier 408 aircraft from Textron Aviation, with options to buy up to 50 additional aircraft, the parcel carrier said in a statement.
DHL Supply Chain will test the trucks at its customer operations in major U.S. metro cities, and they will be used for shuttle deliveries and same-day customer deliveries when they become available in 2019, the company said in a statement.
The Pacific Northwest port’s operating revenues for next year are projected at $670.5 million, which is $50.2 million (8.1 percent) higher than in the 2017 budget.
The Icelandic ocean carrier will up the frequency of its Green Line service by adding a third vessel between Reykjavik, Halifax and Portland, Maine.
The German seaport will launch the new online slot-booking system, which is expected to reduce wait times during peak season, on Wednesday at all four terminals, the Port of Hamburg said in a statement.
The Swiss-based third-party logistics provider will work with e-commerce firm 4SELLERS to provide storage capacity and fulfillment services to medium-sized enterprises, the two companies said in a joint statement.
A.P. Møller-Maersk appoints members to executive board; ShipMoney selects head of the company’s Scandinavian operations; CRST International names president of CRST’s Logistics Inc.; and the IACSC elects new officers and board members.
The U.S. Justice Department will make permanent a program that encourages companies to self-disclose violations of the Foreign Corrupt Practices Act (FCPA), but it’s not a get-of-jail-free pass for wrongdoing.
Limited exclusion order prohibits imports of certain digital video receivers The ITC has found a violation of section 337 and has issued a limited exclusion order prohibiting importation of certain digital video receivers and has issued cease and desist orders directed to the Comcast respondents. Steel wire rod dumped at LTFV The Department of Commerce […]
The autonomous trucking company raised $55 million in a Series C funding round led by Composite Capital, with participation from existing investors Sina and ZP Capital.
A CSX train derailed in Central Florida early Monday morning, spilling several thousand gallons of molten sulfur and cooking oil, but no injuries or environmental impacts have been reported, according to a spokesperson for the Class I railroad.
Containerized cargo volumes at the largest port on the U.S. East Coast increased 9.2 percent to 588,848 TEUs for the month, making October 2017 the fifth best month in cargo volumes, according to the port authority.
Hackers could potentially cause environmental damage and incur heavy fines for shipping lines by using nefarious techniques, according to a recent report from security testing company Pen Test Partners.
The electric-powered Class 8 truck will have an base price of $150,000 for a 300-mile range model, and $180,000 for a 500-mile range model, automaker Tesla said in a statement.
The airfreight carrier handled more than 575,000 metric tons of cargo in the first 10 months of 2017, with temperature-controlled pharmaceutical shipments soaring 153 percent, according to data from AirBridgeCargo Airlines (ABC).
The new ship-to-shore cranes are the tallest in any port in Southeast Asia and are part of a $121.9 million port enhancement plan for the major transshipment hub, the port said in a statement.
Japanese shipping company MOL and investment firm Marubeni have signed an agreement with Russia’s gas production company NOVATEK to launch an Arctic liquified natural gas (LNG) transshipment project to the Asia-Pacific region, MOL said in a statement.
The move marks the third time in three months that d’Amico is selling one of its tankers.
U.S. industry material injured via imports of forged steel fittings The ITC has determined that an industry in the U.S. is impacted by imports of forged steel fittings from China, Italy and Taiwan, that are alleged to be sold in the United States at less than fair value and to be subsidized by the government […]