French ocean carrier CMA CGM will offer U.S. export shippers guaranteed rates and ship dates through four ports via the New York Shipping Exchange’s forward contract model.
U.S. Transportation Secretary Elaine Chao on Wednesday officially swore in Retired U.S. Navy Rear Adm. Mark Buzby as head of the U.S. Maritime Administration (MarAd) at a ceremony in Washington, D.C.
The digital freight forwarder has been offering Fullfillment by Amazon (FBA) services to domestic sellers in Europe, but is now offering automated services for companies wanting to tap into U.S. market.
Chicago-based United Global Logistics will remain an independent division within RoadOne IntermodaLogistics, with both companies benefiting from a strengthened Midwestern logistics network.
The project, launched by Hamburg, Germany-based Sailing Cargo, aims to build a wind-propelled, 558-foot car carrier that could transport 1,700 to 2,000 automobiles.
Roadrunner Transportation Systems’ $95 million sale of Unitrans to Quick International Courier is expected to close this quarter, according to a statement from the Downers Grove, Ill.-based asset-light trucking and third-party logistics company.
Major airlines including Lufthansa, IAG Cargo and Finnair saw airfrieght volumes increase year-over-year for the month as well as year-to-date, according to recent figures from the air carriers.
The $85 million, 1 million square-foot distribution center will bring 600 full-time jobs to the area, according to local media outlet the Charlotte Observer.
Thirty-one of these vessels have been delivered and are in operation, while one remaining vessel is scheduled to be delivered later this month, according to the company.
At the Bayport Container Terminal, construction began on a new 25-acre empty container yard, while the Barbours Cut Container Terminal is scheduled to receive three new super post-Panamax cranes later this year.
ACE becomes sole EDI system ACE will be the sole authorized EDI system for processing foreign trade zone (FTZ) admission applications and entry summary filings. Export Control Regulations Congress has not renewed the Export Administration Act, so the national emergency declared on August 17, 2001, must continue in effect beyond August 17, 2017. 2017 Notorious […]
President Trump on Tuesday signed an executive order to “slash the time it takes to get vital new infrastructure projects approved and delivered,” Transportation Secretary Elaine L. Chao said in a statement.
For fiscal year 2018, which begins Oct. 1, the Panama Canal is projected to see record tonnage of 429.4 million tons, as well as 13,000 transits, including 2,335 Neopanamax vessels, according to the Panama Canal Authority (ACP).
A temporary mandatory slowdown for vessels 20 meters (65.6 feet) in length or longer has been put in effect by the Canadian government, meaning that ship speed must be reduced to no faster than 10 knots when traveling in the western Gulf of St. Lawrence.
The western Canadian port handled 69 million metric tons of cargo during the first half of the year, up 3.9 percent from the corresponding 2016 period thanks to higher container volumes and strong overseas demand for Canadian grain products.
South Korea’s largest ocean carrier is considering launching a regular liner service via the Arctic Sea, a move that could cut transits between Asia and Europe considerably.
The Canadian all-cargo airline attributed a 15.8 percent year-over-year increase in net earnings for the second quarter to improved aircraft utilization and declining operating costs.
The German port handled 70 million metric tons of cargo during the first six months of the year, a 0.2 percent decline from the corresponding 2016 period.
Rand Logistics, a provider of bulk freight shipping services throughout the Great Lakes region, saw revenues of $32.3 million for the first quarter of fiscal year 2018, which ended June 30, 2017, a 4.4 percent decline from a year prior.
Air Berlin’s largest shareholder, Etihad Airways, has withdrawn its financial support, causing the company to resort to government loans to remain in the air for another three months.
