The Germany ocean carrier has taken ownership of the last of a series of 17 ultra-large vessels first contracted in 2013 by UASC, and has consequently sold three of its oldest vessels for recycling.
U.S. Surface Transportation Board (STB) Vice Chairman Daniel Elliott III on Monday revealed he will be leaving the board, effective this Saturday.
The Singapore sovereign wealth fund Temasek, which owns terminal operator PSA International, is backing logistics and trade management software provider BluJay Solutions with an investment that values the firm at $700 million.
The project will see the terminal operator and drayage appointment system provider collaborating to take unnecessary steps out of the cargo availability and appointment process.
The freight forwarder and customers broker firm will integrate Waters Shipping Co.’s staff and services at its Wilmington, N.C. branch office, CV International said in a statement.
The China-based e-commerce marketplace revealed its intentions to invest 100 billion Chinese Yuan Renminbi (U.S. $15.2 billion) over the next five years to expand its logistics network, and its plans to up its stake in Cainiao next month.
The newly formed Riyadh-based BahriBolloré, a joint venture of Bahri and Bolloré Logistics, is part of Saudi Arabia’s plan to establish itself as a global logistics gateway.
In addition to the higher monthly average for August 2017, shipments of iron ore on the Great Lakes and St. Lawrence Seaway also bettered the month’s five-year average by 6.2 percent, according to data from the Lake Carriers’ Association.
Luxembourg-based marine transport company d’Amico says that the transaction will contribute to the liquidity needed to complete the company’s fleet renewal program.
The airline’s new aircraft, which is entering commercial service this week by carrying goods from Seattle to Alaska, was converted in Tel Aviv over the course of 19 months by Israel Aerospace Industries.
DHL Supply Chain, in partnership with food conglomerate Campbell Soup Co., opened a new distribution center in Fort Worth, Texas.
The third-party logistics provider launched a 50,000-square-foot distribution center in Fremont, Calif., that will provide inventory management, fulfillment and expedited plant delivery services for companies in the Silicon Valley.
Following a positive determination of harm its section 201 investigation into solar panel imports, the International Trade Commission (ITC) will now move to the “remedy” phase, but trade groups worry about potential damage to the industry at large.
The National Defense Transportation Association’s board of directors selects the next vice president and chief executive officer of the association, while Falcon Maritime and Aviation hires director of sales.
The U.S. Department of Homeland Security (DHS) is considering a request from a group of congressional lawmakers for a waiver to the regulations requiring domestic waterborne cargoes to move on U.S.-flag ships to Puerto Rico in the wake of Hurricane Maria.
Environmental review of NAFTA renegotiations USTR is initiating an environmental review relating to the renegotiation of the North American Free Trade Agreement (NAFTA). Determinations regarding stainless steel sheet and strip The ITC determines that revocation of the countervailing and antidumping duty orders on imports of stainless steel sheet and strip from Korea, Japan, Korea, and […]
The U.S. Maritime Alliance (USMX) has presented the International Longshoremen’s Association (ILA) with a proposal to extend the current labor deal that is under review, according to a memo ILA President Harold Daggettt sent to union members on Monday.
The U.S. House of Representatives on Monday voted 245-171 against passage of the Disaster Tax Relief and Airport and Airway Extension Act of 2017 (H.R. 3823).
Two of Atlas Air Worldwide Holdings’ subsidiaries are seeking a preliminary injunction to stop the International Brotherhood of Teamsters from what the company is calling “illegal and intentional” work slowdowns and service disruptions.
