Spot container rates from Shanghai to Europe and the Mediterranean declined since last Friday, while rates increased from Shanghai to the United States.
Former INTTRA and BCG xChange executive Virgil Ferreira has been named the new chief executive officer of freight rate management software provider Catapult International as part of a planned succession.
Panelists at the Airforwarders Association meeting at the Seattle-Tacoma International Airport this week addressed the question of how to handle too much air cargo in a limited amount of space, according to a report from Air Cargo World.
Newly launched Host Logistics will provide full supply chain management services, including cargo movement, stevedore/terminal contracting, warehousing and supervision, according to parent company T. Parker Host.
The U.S. Office of Foreign Assets Control on Thursday designated 11 more entities and individuals for engaging in support of missile technology programs and clandestine activities, such as cyber-attacks, of the Iranian government.
A 1 million British pound (U.S. $1.34 million) resurfacing project is currently underway at Scotland’s largest container port and is scheduled to be completed next month.
The U.S. State Department has imposed a $400,000 civil penalty against Bright Lights USA of New Jersey for exports of unauthorized defense components and technical data in violation of the International Traffic in Arms Regulations.
The U.K. port has awarded the latest contract for the desgin and construction of a container yard which will add 18,000 TEUs of stacking capacity, the port announced.
The case dates to Sept. 8, when the Maritime Safety Authority of Australia said it received a complaint alleging discrepancies in wage payments for the crew of the DL Carnation.
Catapult International appoints new chief executive officer, while Air Transport Services Group and NorthPoint Logistics each name chief operating officer.
The Sept. 13 AS Daily news item Report: Container lines back in black in Q2 2017 quoted a Drewry report that said Hyundai Merchant Marine (HMM) had to offer “steep discounts on freight rates to recover lost volumes from when the company was in a much more perilous financial position.” However, a spokesperson […]
According to Larry Willis, president of the Transportation Trades Department, AFL-CIO, “The deployment of driverless commercial vehicles raises serious concerns for the millions of Americans who drive vehicles for a living,” including lost jobs and wages.
WTO Dispute Settlement Body meeting The WTO Dispute Settlement Body will meet this month to consider tariff rate quotas and tax incentives. EC State of the Union 2017 President Juncker focused on progressive trade policies for the EU, including dispute settlement and foreign invest regulations and future trade agreements with Australia and New Zealand. Determination […]
The Department of Homeland Security on Wednesday extended a rare one-week waiver of Jones Act rules in an effort to help deliver petroleum products to hurricane-impacted areas along the Gulf and East coasts for a second week.
The amendment to the ocean carrier alliance’s operating agreement establishes a monetary pool that could be drawn upon if any member carrier goes through an insolvency or significant financial distress.
Colorado-based freight visibility technology provider 10-4 Systems is the second such startup to be acquired in recent weeks after Descartes’ purchase of MacroPoint.
Last month’s gains in container traffic came during the port’s peak season, the period in late summer and early fall when containerized imports typically rise as U.S. retailers stock up for back-to-school and holiday sales.
The U.S. Army Corps of Engineers has awarded the first contract, worth $47 million, of the Charleston Harbor Post 45 Deepening Project to Great Lakes Dredge and Dock Company.
Short line regional freight railroad holding company Patriot Rail Co. has combined with Diversified Port Holdings to expand their respective business offerings in rail and maritime port services.
Bellevue, Wash.-based Radiant Logistics has finalized various acquisitions in recent months, and Bohn Crain, Radiant’s founder and chief executive officer, said the company is searching for even more acquisition candidates.
