Maersk issues update on cyber attack
The world’s largest container line is one of many companies and organizations that have reported being hit by a cyber attack this week.
The world’s largest container line is one of many companies and organizations that have reported being hit by a cyber attack this week.
One current and two former executives of Wallenius Wilhelmsen Logistics have been charged with bid rigging and price fixing in the roll-on/roll-off shipping market, according to the U.S. Justice Department’s federal court in Baltimore.
The top three commercial issues facing shipping and transportation companies today are continued excess capacity, rising fuel costs, and “irrational” rate competition behavior, according to Michael Bentley, partner at Revenue Analytics.
The Atlanta-based parcel giant will suspend pension payments for about 70,000 non-union employees effective Jan. 1, 2023, and move those workers to a 401(k) plan.
PhilaPort’s Pier 122 received its first vessel in 20 years on Tuesday, which was carrying Hyundai and Kia automobiles.
In order to aid the struggling Greek economy, shipowners have voted to voluntarily extend doubling tonnage tax contributions for a fourth year, according to multiple news sources.
In collaboration with start-up company T-Mining, blockchain technology is being implemented through a pilot program at the Belgian port for increased security and efficiency in container handling.
The New York-based provider of local delivery fulfillment solutions for businesses has raised a total of $14.5 million in finding since 2015.
The Danish port will launch an environmental impact assessment process, which is expected to commence in early Autumn, to look into the possibilities of further expanding the port with up to 975,000 square meters.
The Hong Kong-based logistics provider is now offering a less-than-containerload (LCL) rail freight service between Duisburg, Germany and Shanghai.
As part of the public-private partnership known as the Alaska AeroNexus Alliance, six formal bids for commercial and financial development projects have been submitted to the Alaska airport for review.
The German grocer will open four more store locations as well as a fourth regional headquarters and distribution center, according to multiple news sources.
EC to extend textile agreement The European Commission will extend and amend the agreement with Uzbekistan In the bilateral trade in textiles. Comments on deceptive advertising rule The Federal Trade Commission is seeking comments on the regulation rule concerning “Deceptive Advertising as to Sizes of Viewable Pictures Shown by Television Receiving Sets”. ITC investigates olives […]
Canadian lumber producers in Atlantic Provinces may get break from U.S. antidumping and countervailing duties
CBP postpones July 8 rollout of drawback entry filing
Revered trade attorney and public servant Alan Wolff tabbed as a new deputy director-general
The latest deployment of U.S. Customs and Border Protection’s Automated Commercial Environment (ACE), originally scheduled for July 8, will include liquidation, reconciliation, drawback, duty deferral, collections and the Automated Surety Interface (ASI).
The world’s biggest container line has been impacted by an apparent ransomware attack that brought down its global IT systems, affecting the company’s liner shipping and terminal operations.
The Taiwanese carrier is asking for time to study the feasibility of opening the remaining rounds of issuance to current shareholders as well, instead of just select investors only, which it says could take some time to complete.
The U.S. House of Representatives on Monday passed two separate bills in an effort make it easier for qualified military veterans to obtain their commercial driver’s licenses.