The national postal carrier’s logistics subsidiary, General Logistics Systems, will pay a total of 71 million euros to acquire ASM Transporte Urgente, Spain’s second largest express parcel network.
While various airports in England experienced year-over-year cargo throughout increases in May, cargo throughput at the Frankfurt Airport in Germany fell 1.3 percent year-over-year.
Container cargo throughput at the Port of Singapore grew 1.6 percent to 2.67 million TEUs compared to May 2015, the first year-over-year growth in over a year.
The online freight exchange has been rebranded to become FreightorGator, offering a new way to compare rates, book and track shipments.
AirBridgeCargo Airlines carried 50,482 tons for the month and 238,154 tons in the first five months of 2016, both 31 percent increases compared with the same 2015 periods, thanks in part to a rapid network expansion.
The international shipping association opened a new office in Singapore, which it will be sharing with staff from the Baltic Exchange and the Institute of Chartered Shipbrokers.
The agricultural export group, which has been a critic of the container weight regulation implementation process, praised South Carolina Ports Authority CEO Jim Newsome for suggesting the use of port scales to obtain verified gross mass.
The Ocean Carrier Equipment Management Association indicated it is close to finalizing a common approach for U.S. port terminals to weigh containers, allowing exporters to meet a new requirement designed to prevent accidents at sea or on wharves.
A U.S. District Court in San Francisco has dismissed all criminal charges against FedEx Corp. stemming from a Department of Justice investigation into its alleged shipment of illegal drugs, the company said in a statement.
A ship worker died Saturday afternoon after losing his balance and falling 50 feet onto a ship, according to a report from local media outlet Click2Houston.com.
During the first quarter of 2016, world trade volumes fell 1.1 percent from the prior quarter and 1 percent from the corresponding quarter in 2015.
The aircraft manufacturer is in advanced talks with AirBridgeCargo Airlines and its Moscow-based parent, Volga-Dnepr Group, to convert a year-old commitment into more than 10 firm orders for 747-8 freighters.
The Commerce Department has preliminarily determined that imports of certain pneumatic off-the-road tires from India and Sri Lanka receive governmental subsidies, placing U.S. manufacturers of these tires in an unfair position in the market.
The Surface Transportation Board last week issued an Advanced Notice of Proposed Rulemaking outlining measures to expedite its handling of rate cases as part of the board’s implementation of the STB Reauthorization Act of 2015.
The U.S. International Trade Commission said currently proposed modifications to the Dominican Republic-Central America-U.S. Free Trade Agreement would have a minimal economic impact on the U.S. economy.
The U.S. International Trade Commission has requested input on a new investigation concerning proposed modifications to the U.S.-Chile Free Trade Agreement’s rules of origin.
The automobile manufacturer revised its output levels in South Africa, where the economy is expected to expand at the slowest pace this year since the 2009 recession.
A new navigation system will allow vessels to move in and out of the Liberian port at all hours.
PSA International has ordered 22 automated guided vehicles, which will be used to transport containers from the ship to the container yard.
Pacific Maritime Association President and CEO James McKenna said he expects to hear from International Longshore and Warehouse Union this summer on whether it wants to discuss the extension of the five-year labor contract.
