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.
The Gulf Coast port’s Napoleon Avenue Container Terminal transported 99,568 TEUs in March and April combined, which is more than it has transported during any two months in the port’s history.
U.S. Customs and Border Protection said it will block the entry of any sweetener made with forced labor into the nation.
The South African investment company reached an agreement to purchase Palletways Group Ltd., which delivers about 8 million pallets of freight per year across 20 European countries, from Phoenix Equity Partners.
The Icelandic liner carrier posted net earnings of 1.8 million euros on revenues of 113.3 million euros for the first quarter of 2016, a year-over-year increase of 21.1 percent and 0.5 percent, respectively.
The international express parcel carrier more than doubled its cargo-handling operations in Tokyo with the opening of a new 20,000-square-meter facility.
Making trade easier for companies in the United States is important, but the Trans-Pacific Partnership agreement is as much about the nation’s strategic interests in Asia.
Troubled South Korean ocean carrier Hyundai Merchant Marine is disputing press reports that it might be required to merge with fellow state-run line Hanjin Shipping in order to gain entry into the new east-west vessel sharing agreement.
Berkshire Hathaway-owned BNSF Railway Co. eliminated 62 management jobs last week and restructured its operations organization from three regions to two, effective today, according to a statement from the company.
The Energy and Water Development appropriations bill is the wrong place to fight out a social battle, Soy Transportation Coalition Executive Director Mike Steenhoek said.
