The U.S. Department of Justice served several container shipping lines with subpoenas last week in Sausalito, Calif., where their top executives were attending industry meetings.
Drawback regulations on substitution changed with Trade Facilitation Act last year
The AAPA and CAGTC have issued separate statements decrying President Donald Trump’s proposed 2018 discretionary budget, which would eliminate funding for the Transportation Investment Generating Economic Recovery (TIGER) grants program.
Roughly 18 percent of Union Pacific employees have been trained on positive train control operations, including engineers, conductors, dispatchers, maintenance of way engineering, mechanical, signal, telecom and information technology workers.
The New York Shipping Exchange received the $8.5 million in Series A funding from a coalition of capital firms led by Goldman Sachs Principle Strategic Investments and GE Ventures.
Seaspan Chief Financial Officer David Spivak said liner companies want to deal with larger charter owners, which could benefit Seaspan, since its 9 percent share of the global leased containership fleet is the largest of any independent owner.
Amazon is planning to offer China-based sellers the ability to ship their goods internationally as air cargo, but it is not clear whether the retail giant would be booking airspace via other carriers or flying its own planes.
Truckload pricing slipped another 0.8 percent for the month compared to February 2016, the 12th consecutive month of year-over-year declines, according to the latest Cass Truckload Linehaul Index.
In the latest reminder of the safety concerns surrounding these batteries, a woman was injured on a recent flight from Beijing to Melbourne when her battery-powered headphones exploded while in use, according to the Australian Transport Safety Bureau.
The Dubai, United Arab Emirates-based port terminal operator posted a profit of $1.13 billion on $4.16 billion in revenues for the year, increases of 27.6 percent and 4.9 percent, respectively, from 2015.
Intermodal pricing in February 2017 increased 4.9 percent compared with the same 2016 period, just the fifth year-over-year increase since December 2014 and the largest since January 2012, according to the latest Cass Intermodal Price Index.
Ray-Mont Logistics is adding a facility at the Port of Prince Rupert in British Columbia for the export of containerized crops from Western and Central Canada and the U.S. Midwest.
Crowley Maritime Corporation signed a multi-year stevedoring and terminal services agreement with Penn Terminals to accommodate its weekly Northeast container shipping service to and from Puerto Rico.
The third-party logistics services provider has acquired a two-story, 177,000-square-foot warehouse near Singapore’s Changi International Airport for about $18.25 million.
Situated at the Maasvlakte in Rotterdam, the terminal will store and transport liquid bulk, including diesel, gasoil and gasoline.
Technology providers argue the pros and cons of a public pricing model for forwarders.
Wildlife groups use Mexican shrimp imports to highlight dramatic decline of porpoise species
Kansas City Southern (KCS) said in a statement it “respectfully disagrees” with a preliminary report from Mexico’s Federal Economic Competition Commission (COFECE) that found a lack of competition between KCS and other operators in the country.
The European Commission has re-adopted a cartel decision against 11 air cargo carriers and imposed fines totaling more than 776 million euros (U.S. $834.44 million) after the EU competition watchdog’s initial decision was annulled on procedural grounds.
Spain’s Popular Party pushed for the law-decree by arguing it was needed to comply with European standards and anti-trust rules, but critics said it would lead to worse labor conditions for dock workers.
