The parcel carrier and third-party logistics provider hopes to utilize blockchain technology in its customs brokerage businesses for added security and efficiency, the company said in a statement.
ECU Worldwide and QTerminals each name new chief executive officer.
Final results on aluminum extrusions from China The Department of Commerce determines that weighted-average dumping margins of 85.96/86.01 percent exist. U.S. wins WTO dispute on Indonesia’s agricultural restrictions The World Trade Organization (WTO) confirmed that Indonesia’s import licensing regimes for horticultural products and animals and animal products are inconsistent with WTO rules. Subsidies provided to […]
The World Trade Organization (WTO) on Thursday ruled in favor of the United States when it reaffirmed that Indonesia’s import licensing regimes for horticultural and animal products are inconsistent with the global trade body’s rules.
The tentative agreement, which Oakland’s port commission gave initial approval to on Nov. 9, caps nearly 15 years of planning for what the port has called its most-anticipated growth project ever.
The automated car subsidiary of Google parent Alphabet Inc. started testing a fleet of self-driving vehicles on public roads in Phoenix last month without anyone behind the wheel.
After a record-setting year, although import volumes at major container ports across the U.S. are not expected to decline in 2018, the rate of import growth is likely to slow considerably, according to the latest Global Port Tracker report.
Now North America’s largest provider of truckload services, Knight-Swift Transportation Holdings recorded a net income of $4.2 million on revenues of $521.6 million for the quarter, according to the newly merged firm’s most recent financial statements.
Spot container rates from Shanghai to Europe declined 6.5 percent since last Friday, while rates from Shanghai to the Mediterranean fell 6.2 percent, according to the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index.
South Korea’s largest ocean carrier recorded a net loss of 60.3 billion South Korean won (U.S. $54 million) for the third quarter of 2017.
The ocean carrier has announced three new services between South China and the Philippines that will commence sailing by the beginning of December.
The index, a composite of container freight rates on eight major routes to/from the U.S., Europe and Asia, is also down 9 percent compared with the same period in 2016, according to London-based maritime consultant Drewry.
The 669,218 TEUs handled by Long Beach port terminals last month resulted in the busiest October ever for container traffic at the Southern California port.
Based in New South Wales, Australia, Transitainer Global, which has been in the U.S.-Australia trade since 1986, will see its U.S. headquarters in Long Beach, Calif. taken over by New York-based logistics provider OL International.
The Gulf Coast port also saw increases in breakbulk and the return of roll-on/roll-off service for the first time since 2005, Port of New Orleans CEO Brandy D. Christian said at the annual State of the Port address Thursday.
FedEx Express is making a firm purchase of 30 ATR 72-600F aircraft, with options to buy up to 20 additional ATR 72-600Fs.
The Federal Transit Administration (FTA) and Federal Railroad Administration (FRA) have selected 17 projects to receive a total of $197 million for the Positive Train Control Grant Program for FY2017.
The eight new last-mile distribution hubs are part of the transportation and logistics provider’s plan to expand its last-mile footprint to 85 hubs by late 2018.
The air carrier will receive four additional Boeing 777 freighters by 2019 for use on its Asia and North America routes later this year.
The U.S. Federal Maritime Commission voted to move forward with issuing a notice of proposed rulemaking in the Federal Register calling for industry feedback into simplifying the agency’s rules and procedures for NSAs and NRAs.
