The Omaha-based Class I railroad is eliminating 500 manager jobs and 250 railroad workers in a greater attempt to save up to $400 million a year in costs, according to multiple media sources.
South Korea on Thursday agreed to lift its ban on imports of U.S. poultry products and added a temporary measure to allow U.S. fresh eggs to enter the country duty free.
Elizabeth Erin Walsh was sworn Thursday as the Commerce Department’s new assistant secretary for global markets and director general of the U.S. and Foreign Commercial Service.
The U.S. government has entered a new agreement with Colombia that will ease some of the previous requirements on U.S. paddy rice exported to the South American country, according to the U.S. Department of Agriculture.
The Chicago O’Hare International Airport’s second phase of its Northeast Cargo Center opened Thursday as cargo volumes at the airport continue to soar.
The state legislature voted to award the Taiwanese technology firm a $3 billion package to build a 2 million square-foot facility in Wisconsin.
The Thailand-based container shipping line posted a net profit of 163 million Thai baht (U.S. $5 million) for the second quarter of 2017 on revenues of THB 2.8 billion.
In addition to being a slight year-over-year decrease, last month’s shipments trailed July’s long-term average by 8.4 percent, the Lake Carriers’ Association said.
First round of NAFTA renegotiations Opening statement of USTR Robert Lighthizer at the first round of NAFTA renegotiations include plans for rules and countries of origin, labor provisions, trade deficit provisions, and more. Six names on OFAC blocked list The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing the names of […]
If Maersk, the world’s biggest liner carrier, is a harbinger for the industry at large, container lines should be more optimistic than in recent years.
Britain would prefer to eliminate border checks on imports and exports with the European Union after it officially leaves the EU in 2019, according to a report from the Wall Street Journal.
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.
