Cathay Pacific cuts 600 jobs, restructures cargo division management
The Hong Kong-based airline is eliminating senior, middle management and non-managerial roles at its head office in an effort to cuts costs, the company said in a statement.
The Hong Kong-based airline is eliminating senior, middle management and non-managerial roles at its head office in an effort to cuts costs, the company said in a statement.
Japanese ocean carrier Mitsui O.SK. Lines in March agreed to purchase 2,000 40-foot (FEU) and 200 20-foot (TEU) refrigerated containers, MOL said in a statement Friday.
The U.S. Department of Transportation has filled its senior management team with a recent round of appointments.
Worldwide Flight Services has announced several corporate appointments, while the Coalition for America’s Gateways and Trade corridors has re-elected four directors to the board.
Port congestion issues in early 2015 brought the often chaotic process surrounding detention and demurrage fees into sharp focus, but where where shippers saw pesky and sometimes unfair ad hoc charges, technology providers saw an opportunity.
APL, which CMA CGM acquired in June 2016, contributed positively to the French ocean carrier’s first quarter financial results, according to CMA CGM Group CEO Rodolphe Saadé.
“ShipRush services help e-commerce small and medium businesses and omnichannel retailers execute parcel shipments for last-mile delivery to customers,” Descartes said in a statement.
After disrupting the taxi cab industry, the famed ride-sharing company’s newly launched Uber Freight division is now accepting bookings for cargo moving in 53-foot dry and reefer vans.
The Coast Guard Authorization Act of 2017 and the Maritime Administration Authorization and Enhancement Act for Fiscal Year 2018 were among six bills approved by the Senate Committee on Commerce, Science, and Transportation on Thursday.
Container freight rates from Shanghai to the U.S. West Coast declined 8.5 percent since last Friday to $1,310 per forty-foot container, according to the latest data from Shanghai Shipping Exchange’s Shanghai Containerized Freight Index (SCFI).
The executive arm of the European Union has approved new state aid rules that promote public investment in seaports and airports while preserving competition, according to the press release from the European Commission.
The Commerce Department has initiated antidumping and countervailing duty investigations into the import of 100- to 150-seat passenger planes from Canada.
Air cargo volumes for the Belgian airport rose nearly 12 percent in April, making it the best month in eight years, despite noise restrictions imposed on the airport earlier this year.
Ship agency Wilhelmsen Ships Service is launching a pilot project that will study the use of unmanned aircraft systems to deliver agency essentials to vessels at sea, WSS said in a statement.
The third-party logistics provider’s new pharmaceutical airfreight facility aims to connect its consolidation center in Germany with its European road network.
Steel production fell by 47,000 tons last week in the Great Lakes region, according to local news source NW Indiana Times.
YRC Worldwide Inc. names chief financial officer, and the Baltic Exchange appoints chief commercial officer.
Sponsored by Canada’s Minister of Transport Marc Garneau, the proposed Transportation Modernization Act (Bill C-49) calls for the installation of locomotive voice and video recorders in train cabs, and a new air passenger rights regime.
Acting Customs and Border Protection Commissioner Kevin McAleenan said the agency will continue to lean heavily on the industry for input on how to improve trade facilitation and sharpen its enforcement activities.
The U.S. Senate on Wednesday confirmed Jeffrey A. Rosen as deputy secretary for the Department of Transportation.