A total of 943 incidences of cargo theft were recorded in the Europe, the Middle East and Africa region during the second quarter of 2017 by the SensiGuard Supply Chain Intelligence Center, a sharp uptick from the 586 incidents during the same 2016 period.
A cargo plane pilot pleaded guilty in a Florida district court Tuesday to operating a Boeing 747 freighter under contract to the U.S. military while intoxicated.
World’s-largest container carrier Maersk Line reported a highly profitable second quarter based on stronger-than-expected rates, but expects to lose $200 million to $300 million recovering from June cybersecurity breach.
Memo on intellectual property and China A presidential memorandum on the violations of intellectual property rights by China. USTR statement on POTUS memo The USTR Robert Lighthizer responded in agreement to the presidential memo on China’s intellectual property violations. AD/CVD investigations into paper The ITC is initiating antidumping and countervailing duty order investigations into uncoated […]
The transaction is expected to close in late-September, but financial terms of the deal will not be disclosed, according to a joint statement from the companies.
Ocean carrier Pacific International Lines, terminal operator PSA International and IBM plan to utilize blockchain for better security, efficiency and transparency in supply chain business networks and trade finance, the companies said in a statement.
The South Carolina Ports Authority’s project to deepen the main channel in Charleston to 52 feet is still on track to begin this fall, SCPA said in a statement.
The major U.S. retailer has purchased San Francisco-based Grand Junction to provide last mile and local delivery solutions for e-commerce customers.
Port officials have approved the purchase of a high-voltage cable system that can connect more vessels to Oakland’s landside power grid.
The transportation management software provider will integrate real-time rate, transit time, and other shipment milestone APIs into its existing interface.
The nation’s ports have almost reached their total capacity allotment, causing ocean carriers to decrease port visits or impose surcharges for Chittagong imports, and spurring the government to allow the private sector to assist in reducing the congestion.
Calgary-based Class I railroad Canadian Pacific said the seven-day-a-week service can cut transit times from the West Coast to Detroit by as much as 48 hours compared with the railway’s nearest competitors.
The India-based has formed a special committee to explore the possibility of restructuring its shipping and dredging businesses into two separate entities, Mercator said in a statement Monday.
The 14,074-TEU CSCL Jupiter, which ran aground yesterday morning near the Port of Antwerp, was freed around 9:00 p.m. local time yesterday and is back at the Belgian port for inspection.
Member states in the euro area experienced a 0.6 percent decrease in industrial production from May 2017 to June 2017 but a 2.9 percent increase in June 2017 compared to June 2016, according to the European Union’s statistical office Eurostat.
Of the 6.4 million tons of iron ore moved, 6 million was from shipments at nine U.S. Great Lakes ports, a 21.7 percent jump compared to the 4.95 million of the same month a year ago.
Norfolk Southern names executive vice president and chief financial officer; CFI appoints senior vice president, sales and operations; and Swiss WorldCargo selects regional manager of the newly created Western, Southern USA & South America region.
The logistics software company will pay $107 million for freight visibility provider MacroPoint, one of the hottest properties in logistics technology.
The logistics software company will pay $107 million for freight visibility provider MacroPoint, one of the hottest properties in logistics technology.
Aluminum foil from China The Department of Commerce has determined that countervailing subsidies are being provided to producers and exporters of aluminum foil from China. Qualcomm investigation Qualcomm filed a complaint regarding U.S. Patent infringement of mobile electronic devices and radio frequency procession components and has requested an investigation. Hearing will not be closed to the public […]
