The U.S. Fish & Wildlife Service will prohibit interstate commerce in elephant ivory, while the airline industry says it will also endeavor to reduce illegal wildlife trafficking.
Amazon.com CEO Jeff Bezos said in an interview at Recode’s 2016 Code Conference traditional parcel couriers like the U.S. Postal Service and UPS simply can’t provide all the last mile capacity the company needs, especially during peak shipping times.
Given the tremendous environmental challenges the world faces, we need to develop a range of innovative environmental technologies, and break down barriers to trading them worldwide, according to U.S. Trade Representative Michael Froman.
Combined United States carload and intermodal cargo volumes fell 6.8 percent in May compared with May 2015 and 7.6 percent for the first five months of 2016, according to data from the Association of American Railroads.
The United States trade deficit increased 5.3 percent ($1.9 billion) in April 2016 compared with March, but has shrunk 4.8 percent year-over-year during the first four months of the year.
Net orders for North American Class 8 trucks in May grew 4 percent from April, but were still down 30 percent compared with May 2015, according to preliminary data from freight forecaster FTR Transportation Intelligence.
The world’s food-import bill is set to drop below $1 trillion in 2016 due to declines in grain prices and lower freight rates that have more than compensated for increased imports, according to a report from the United Nations.
The Green Brook, New Jersey-based energy storage startup offers grid-scale lithium-ion battery systems encased in specialized shipping containers that can be stacked like Legos as a cheaper alternative to traditional power delivery models.
Under the three-year deal with global aluminum manufacturer RUSAL, annual cargo volumes could reach 10,000 TEUs, according to Danish ocean carrier Maersk Line.
South Carolina Council on Competitiveness hires logistics industry director, while XPO Logistics appoints HR chief and ICS elects new chairman.
Continued weighing at port facilities might provide a convenient way for exporters to comply with the upcoming International Maritime Organization verified gross mass container weight regulations due to go into effect at the beginning of next month.
The Green Bay, Wis.-based trucking and logistics firm announced the acquisitions of Watkins & Shepard and Lodeso, which both specialize in the delivery of difficult-to-handle goods such as furniture and carpet.
Singapore-based global terminal operator PSA International and ocean carrier CMA CGM of France said they are ready to accept container weight data from shippers.
The parcel giant announced today that after the official post-closing acceptance period, FedEx owns 98.45 percent of all TNT Express stock and will commence a statutory buy-out for the remaining shares in third quarter 2016.
A total of 21 families of crew members from the ill-fated cargo vessel, which sank near Crooked Island, Bahamas Oct. 1 after sailing into the path of Hurricane Joaquin, have now accepted financial settlements with operator TOTE Maritime.
FedEx’s freight forwarding arm has hired Cindy Allen, while Megan Montgomery will take over day-to-day management of the National Customs Brokers and Forwarders Association of America.
Hyundai Heavy Industries Co., the world’s biggest shipbuilder, has laid a plan that includes 2.6 trillion won ($2.2 billion) in asset sales and workforce reductions in order to stay afloat amid a drop in new orders.
Drivers are striking four companies doing business in and around the ports of Los Angeles and Long Beach, claiming they are being misclassified as independent contractors instead of employees.
Hindered by weak world trade and increasing capacity, demand for air cargo remains soft, lagging behind “relatively robust” growth on the passenger side, according to the International Air Transport Association.
The third-party logistics provider closed on its purchase of Apex Maritime, a top three non-vessel operating common carrier in terms of Asia-U.S. import volumes, according to trade data firm Datamyne.
