The ocean shipping electronic marketplace has paid an undisclosed sum for Avantida, a cloud-based provider of solutions, to better manage empty containers.
UPS Inc. Chief Executive Officer David Abney’s pay grew another 21 percent for the year after a 35 percent raise in 2015 and a nearly 105 percent increase in 2014, according to the company’s 14A filing with the U.S. Securities and Exchange Commission.
Citing seasonal demand changes, the CMA CGM subsidiary will be temporarily adjusting three services for the next three months.
Encryption reporting is an area that could be going unnoticed in some trade compliance departments, and management must be aware that encryption reporting is required for certain encryption exports, explained Renee Roe, director at BPE Global.
Major container ports in the United States handled an “unusually high” 1.67 million TEUs in January 2017, up 12.5 percent from the previous year, according to the Global Port Tracker report by the National Retail Federation and Hackett Associates.
The bunkering tanker Aris 13 was hijacked by pirates off the coast of Somalia Monday.
The new terminal at the Port of Buenaventura can handled 18,000-TEU containerships.
The U.S. maritime regulator said the group will work to identify burdensome, unnecessary and outdated directives, and recommend how they should be remedied.
The service sails with two 1,100-TEU vessels on a weekly frequency.
MatchBack Systems forms board of directors, while Swissport International names CEO of Swissport UK & Ireland, and V.Group appoints non-executive directors to board.
Ports along the mid-Atlantic coast all the way up to New England have been impacted by the winter storm, and have altered operations accordingly.
The ocean shipping electronic marketplace has paid an undisclosed sum for Avantida, a cloud-based provider of solutions, to better manage empty containers.
Antagonism with China will lead to a trade war, while something more subtle would bring U.S. manufacturers true benefit
Political change has brought uncertainty to importers and exporters, but it also provides a greater chance to differentiate
U.S. aluminum industry files historic case against China producers
However, the French ocean carrier, which acquired APL last year, said operating profits recovered in the fourth quarter of the year.
The chemical industry is projected to see increased costs due to excess inventories, larger capital expenditures, and higher operating costs, according to a study performed for the American Chemistry Council by PricewaterhouseCoopers.
The Port of Oakland handled less container volumes in February compared to a year earlier due to inclement weather and the Lunar New Year, which began Jan. 28 this year.
Tom Cook, managing director of Blue Tiger International, discussed the types of contingency plans supply chain executives should be creating in order to manage potential supply chain disruptions.
During the month, Mexico was the top market for U.S. pork and lamb exports in terms of volume and value, while Japan was the leading market for U.S. beef exports.
