Dubai-based Mercator, a provider of solutions to the global travel, transportation and logistics industry, has acquired Seattle, Wash.-based Revenue Management Systems.
United Continental Holdings has abandoned plans to buy 24 takeoff and landing slots from Delta Air Lines at Newark Liberty International Airport, the U.S. Justice Department said Wednesday.
Keeping its customers intact was a priority for DSV A/S following the Danish supply chain specialist’s $1.35 billion purchase of third-party logistics provider UTi Worldwide in January, according to Group Chief Executive Officer Jens Bjoern Andersen.
Doorae Shipping will also make a community service payment of $200,000 after pleading guilty to charges that it failed to maintain an accurate oil record book and made false statements to the U.S. Coast Guard concerning the discharge of oily bilge water.
European all-cargo operators Cargologicair and SW Italia have filed applications to launch routes to the United States, according to a report from industry news outlet The Loadstar.
The U.S. International Trade Commission has launched a study of the aluminum industry in the United States and its place within the global aluminum trade.
Air cargo aircraft operator Atlas Air Worldwide Holdings has completed its $110 million acquisition of Southern Air Holdings, a provider of intercontinental and domestic crew, maintenance and insurance services.
The northern New York port will undergo a project this year that involves the addition of two grain storage bins, a new conveyor system and the rehabilitation of two rail bridges.
The United States exported $437 million of beef and $414.3 million of pork in February, year-over-year declines of 18.4 percent and 12 percent, respectively, due to abundant red meat supplies and a competitive international marketplace.
Combined spot truckload volumes for all three equipment types – van, flatbed and reefer – increased 11 percent for the week of March 27-April 2, compared to the prior week, according to DAT Solutions.
The integrated logistics provider expanded its Latin America network with the addition of three company-owned operations in Colombia, located in Bogota, Medellin and Cali.
Martin Bencher Group and Trax Technologies appoint COOs, while JLL hires global infrastructure advisor, National Tank Truck Carriers names VP of marketing and NationaLease picks business development manager.
The South Korean shipping conglomerate is also considering sale of its tanker business as part of its “self-rescue” plan to increase liquidity and improve its finances, according to local media reports.
In a research note, analyst Michael Webber of Wells Fargo cited both internal company sources and the Oil Price Information Service, who say Kinder Morgan may sell a half interest in the 16-ship fleet.
The U.S. Food and Drug Administration has finalized a new safety rule to help prevent the contamination of both human and animal foods during transport.
Publicly traded freight forwarders reported an average airfreight tonnage decrease of 2.2 percent year-over-year in the fourth quarter of 2015, while ocean freight volumes also declined 2.2 percent during the quarter, according to investment firm Stifel.
The Federal Railroad Administration is accepting applications for $25 million in grant funding available to railroads, suppliers, and local governments for implementation of Positive Train Control as part of the 2016 Consolidated Appropriations Act.
Taiwanese ocean carrier Wan Hai had the highest on-time performance score out of the top 20 ocean carriers during the month at 82.9 percent, according to Denmark-based consulting firm SeaIntel Maritime Analysis’ Global Liner Performance report.
Alexandre de Juniac, chief executive officer of Air France-KLM Group, is resigning his post to replace Tony Tyler as head of the International Air Transport Association, according to a statement from Europe’s biggest airline.
Taiwanese ocean carrier Evergreen Line has joined the Ocean 3 Alliance’s Phoenician Express Service/BEX2 loop between the Far East and the Mediterranean.
