Sanctions against Chinese, Russian entities in support of North Korea The Treasury Department has issued sanctions against individuals and companies in China and Russia that are in active support of the North Korean regime and its nuclear agenda. US-Korea FTA Joint Committee The USTR and Korean Trade Minister met for the KORUS Joint Committee special […]
The Rail Customer Coalition has requested a Congressional investigation into CSX’s recovery efforts following reports of widespread service disruptions in the wake Hunter Harrison’s installation as chief executive of the East Coast Class I railway.
South Korean ocean carrier Hyundai Merchant Marine (HMM) is in discussions with the world’s largest asset management firm, BlackRock, to bring in an investment ranging from 600 billion to 1 trillion South Korean won (U.S. $527 million to $879 million).
The U.S. Department of the Treasury’s Office of Foreign Assets Control issued sanctions against 16 Chinese and Russian entities and individuals for alleged dealings with North Korea.
New tools for GT Nexus commerce network users include a real-time cargo visualization layer and the ability for suppliers to see approved invoices in a single dashboard.
However, not all crewmembers who went missing after the guided-missile destroyer USS John S. McCain crashed into the tanker Alnic MC have been accounted for, according to a statement from the U.S. Navy.
The global investment firm is providing transportation and trade software provider BluJay Solutions with a $500 million financing facility, after investing in fellow logistics tech firms Transplace, LLamasoft, and Transporeon.
The Israeli ocean carrier will utilize the software company’s “matchback” services for inland transport optimization in Italy, MatchBack Systems said in a statement.
With a price tag of $44.8 million, the ship-to-shore cranes will be the largest delivered to the U.S. by builder Zhenhua Heavy Industries Co., according to Virginia Port Authority (VPA) Board Chairman John G. Milliken.
The Hong Kong-based ocean carrier took delivery of the OOCL Germany today, the second of the six 21,000-TEU class vessels on order from the Samsung Heavy Industries shipyard on Geoje Island, South Korea.
Hong Kong-based port operator Hutchison Ports has agreed to partner with NAWAH Port Management, LLC to manage existing and future operations at the Port of Basra in southern Iraq.
The Port of Incheon, which moved 1.47 million TEUs during the first six months of 2017, anticipates that its container throughput for the second half of the year will total 1.61 million TEUs, bringing the full-year total to 3.08 million TEUs.
During the first six months of the year, the Oklahoma multi-modal port handled over 2.3 million tons of cargo.
Werner Enterprises, Inc. appoints board of directors member; time:matters Holding GmbH names new managing director, strategy & sales; and SIMWAVE hires manager for navigation.
The Port of Los Angeles and GE Transportation have agreed to extend their partnership to digitize the movement of shipment information for a minimum of five years and up to about $12 million, according to a statement from Southern California port.
Identifying Trading Partners Under the Drug Supply Chain Security Act The FDA is asking for public input on the activities of “private-label distributors” of drug products in relation to the Drug Supply Chain Security Act. “Buy American and Hire American” The ITA is requesting comments on the costs and benefits to U. S. industries on […]
A.P. Moller-Maersk signed an agreement to sell its oil and gas division, Maersk Oil, to Total, which will significantly strengthen the French energy giant’s operations in the North Sea and elsewhere.
Ocean carriers CMA CGM of France and Hapag-Lloyd of Germany joined the first round of investments into the New York Shipping Exchange, a platform for so-called “enforceable” freight contracts, with additional investments from GE Ventures and Goldman Sachs.
Calendar year 2016 marked the Port of Los Angeles’ highest reduction yet of three key air pollutants: sulfur oxides, diesel particulate matter and nitrogen oxides, according to the port’s latest air emissions inventory.
Ten sailors are missing and at least five have been reported injured after Liberian-flagged oil and chemical tanker Alnic MC was involved in a collision with the USS John S. McCain early Monday morning.
