The CSAV executive, Mauricio Javier Garrido Garcia (Garrido), is accused of participating in the conspiracy from as early as 2000 until at least September 2012.
The San Rafael, Calif.-based global logistics and transportation services provider will begin processing vehicles in Baltimore next month.
The ocean carrier alliance will suspend its Central China 1 loop for six weeks, which is dedicated to the transpacific trade, while the Central China 2 loop will add calls during those six weeks to provide additional coverage.
Choi Eun-young, former head of South Korean ocean carrier Hanjin Shipping, was summoned by prosecutors Wednesday over suspicions of insider trading.
The ocean carrier has committed to using an electronic filing solution from INTTRA to comply with pending container weighing rules set to come into force July 1.
The newly merged China COSCO Shipping Co. officially launched COSCO Shipping Energy Transportation Co. earlier this week and appointed Sun Jiakang to lead the bulk segment of China’s largest shipping conglomerate.
Shanghai Yigian Trading Company has acquired an 82.5 percent share in the struggling airport from German federal state Rhineland-Palatinate for an undisclosed sum, according to a statement from the state government.
Ports covered by the Global Port Tracker report handled 1.44 million TEUs in April, up 9.1 percent from March but down 4.6 percent from April 2015, according to the National Retail Federation and Hackett Associates.
The country’s export volumes stabilized in May, with a weakening currency giving some support to growth in the world’s biggest trading nation, while imports signaled improvement in domestic demand.
Shipments from U.S. ports fell 8 percent year-over-year to 5.5 million tons in May, while loadings from Canadian ports tumbled 20 percent year-over-year to 556,000 tons.
The Cleveland, Ohio-based logistics solutions provider expanded its nationwide warehouse network with the opening of a 100,000-square-foot warehouse near the Port of Savannah.
PECO names chief executive officer, Union Pacific appoints chief legal officer and CenterPoint annouces senior vice president of development.
The Suez Canal Authority has begun granting a 65 percent discount on tolls for all containerships sailing from East Coast North America ports south of Norfolk to Asian ports and 45 percent reduction from Port of Norfolk and north.
The plantiffs claimed the U.S. Coast Guard violated the Administrative Procedures Act in its rule-making procedure in developing the pilotage rates, which have jumped about 114 percent over the past 10 years.
Claude Mongeau, president and chief executive officer of Canadian National Railway, will be succeeded in his role by current Chief Financial Officer Luc Jobin after having surgery to remove a tumor from his throat in 2015.
The National Transportation Safety Board will attempt to retrieve the El Faro’s voyage data recorder in July, which is located in about 15,000 feet of water near the Bahamas.
The Port of Jacksonville’s terminals are willing to use on-site scales to provide carriers with a certified container weight to meet a new maritime safety rule.
The Port of Oakland’s largest marine terminal will continue night operations even after a port subsidy expires this month, but will assess a $30 flat-fee on all loaded import and export containers once the subsidy ends.
The container and railcar leasing company has acquired Hybrid Logistics, Inc. and its General Transportation Services, Inc affiliate, which are asset-light truck brokers with a focus on flatbed truck and over-dimensional shipments.
Americans were supposed to be the world’s economic engine, but haven’t been straying from domestic shores.
