Logistics firm Supply Chain Solutions will launch a shipping route across Lake Michigan that will divert an estimated one million semi-truck trailers off northwest highways and onto vessels, the company said in a statement Wednesday.
Global third-party logistics provider annual revenues reached $802 billion in 2016, and are on track to exceed $962 billion by 2020, the consulting firm said in its latest 3PL market trends report.
The all-cash transaction for the specialty supermarket chain is valued at around $13.7 billion and expected to close during the second half of 2017, the companies said in a statement Friday.
The Dubai-based port operator is negotiating with Nigerian Ports Authority to build and expand infrastructure at Port of Lagos, according to multiple news sources.
The Florida-based all-cargo airline will offer flights between Miami and Brussels starting in the second quarter of 2018.
INTTRA exec discusses pace of technology adoption in shipping
EC to update drone airspace requirements The European Commission has unveiled a blueprint to make drone use in low-level airspace safe and environmentally friendly. ITA issues final results on steel bar from Brazil The International Trade Administration has found that steel bar from Brazil has not been sold at less than normal value. Libyan request […]
Close to 100 drayage truck drivers and warehouse workers serving the Los Angeles/Long Beach port complex plan to go on strike from June 19-23, the two groups said Thursday at Port of Los Angeles headquarters.
Vessel losses declined 16 percent last year compared with 2015 and the number of shipping incident casualties also dropped on a year-over-year basis, according to a new report from insurance provider Allianz Global Corporate & Specialty.
Over 250 members of Congress have written a letter to House Ways & Means Chairman Kevin Brady calling for a long-term fix to the Highway Trust Fund, which serves as the primary federal funding mechanism for road and bridge infrastructure.
Ports covered by the Global Port Tracker handled 1.61 million TEUs in April 2017, the latest month for which after-the-fact numbers are available, a 4.8 percent increase from the previous month and 11.3 percent jump from the same 2016 period.
The European Union’s competition watchdog opened formal investigations into the licensing and distribution practices of Nike, Sanrio and Universal Studios as they relate to cross-border e-commerce within the EU single market.
The Silicon Valley-based trucking applications technology provider has already raised $21.5 million from Renren and Wicklow Capital of Chicago, among others, and is currently talking with investors about a Series B funding round.
Oregon’s Port of Portland is selling about 19 acres of land for $5.24 million to Clayco real estate development subsidiary CRG, which plans to build a 344,000-square-foot facility on the site.
Irvine, Calif.-based temperature-controlled warehousing and logistics company Lineage Logistics has acquired Partner Logistics, a Netherlands-based provider of automated warehousing and frozen storage solutions.
The 10,081-TEU Maersk Shanghai, which sails on 2M Alliance’s TP11/America service, still pales in comparison to the 20,568-TEU Madrid Maersk, which has been making the rounds in Europe as part of the alliance’s AE2 loop.
The Dubai-based port terminal operator and the Central Asian nation signed two agreements that aim to connect sea, land and air transportation networks through DP World’s “Port Community System,” according to a statement from the company.
The e-commerce giant currently only has one other facility in New York state, a Prime Now hub in Manhattan.
U.S., Indonesia agree to expand trade The U.S. met with Indonesia under the Trade and Investment Framework Agreement (TIFA) this week and agreed on next steps for resolving bilateral issues and expanding trade relations. Commerce rescinding review on utility scale wind towers The Department of Commerce is rescinding its administrative review of the countervailing duty […]
Lawmakers from the Senate Commerce, Science, and Transportation Committee on Tuesday released six principles for bipartisan legislation on self-driving vehicles ahead of the committee’s hearing on the subject Wednesday afternoon.
