NEWS FLASH: 2M Alliance to launch new Asia-U.S. Gulf service
The 2M Alliance, comprised of ocean carriers Maersk Line and MSC, will also add a call in New York to another one of its loops between Asia and the U.S. East Coast.
The 2M Alliance, comprised of ocean carriers Maersk Line and MSC, will also add a call in New York to another one of its loops between Asia and the U.S. East Coast.
The Owner-Operator Independent Drivers Association says requiring electronic logging devices on vehicles doesn’t improve safety and is unconstitutional.
The decision is a victory for the City of Long Beach, which said in a statement it believes more should be done to mitigate the project’s impact on local residents.
The dispute between dockworkers and employers over starting times, which caused a shutdown at the Oakland International Container Terminal Monday, will be resolved using new arbitration system agreed to last year as part of the ILWU-PMA contract.
The commercial aircraft manufacturer confirmed plans to eliminate 4,550 positions by mid-2016 as part of a cost cutting program that could save the company as much as $1 billion, according to multiple media reports.
The ocean carrier alliance will void additional voyages on its Loop 6 service between Asia and Europe, which suspended operations in February and is currently scheduled to resume sailing in July.
The Conselho Administrativo de Defesa Econômica initially approved the $4.8 billion acquisition of Netherlands-based TNT Express last month, but a “third party,” FedEx archrival UPS Inc., appealed the ruling.
United States air carriers flew 35.9 billion revenue ton miles (RTMs) in 2015, a 2.2 percent increase from 2014.
The non-asset based freight brokerage and transportation management service provider signed a 224,678-square-foot lease at 600 West Chicago Avenue in Chicago, Ill.
The Association of Asia Pacific Airlines attributed the decrease to the weakness in global trade volumes, along with the Lunar New Year seasonal slowdown in factory operations in the region.
Developers at Logistics Park Kansas City are building a fulfillment center for Amazon and two new warehouses on a speculative basis.
Queen Alia International Airport in Jordan handled 7,979 tons of cargo for the month, a 14.1 percent increase from February 2015.
UPS names new chief information officer, while ICAT Logistics appoints chief growth officer.
APM Terminals will expand its presence in the Port of Tangier, opposite its long-established terminal in Algeciras, Spain, by building a second $863 million port complex that will have the ability to handle 5 million TEUs annually.
The world’s second largest ocean carrier will use software provider INTTRA’s eVGM solution to provide a portal for submission of verified container weight data ahead of the International Maritime Organization’s July 1 deadline.
The intermodal equipment leasing company may look for an individual buyer or try to go public, and ocean carrier United Arab Shipping Co. has selected TRAC as its sole chassis supplier in the United States.
Republican presidential candidate John Kasich said in a televised town hall in Milwaukee, Wisc. he favors open trade, but would crack down on countries who try to game the system for their advantage.
With progress being made on asset sales and creditors approving a three-month debt extension, HMM says it will now work to renegotiate ship charters as part of its ongoing “self-rescue” plan.
Shippers with higher volumes have been locking into long-term contracts, preventing them from taking advantage of current low fuel prices, megaship capacities and more efficient supply chain management, according to the ocean procurement software provider.
Thanks to $100 million investment in infrastructure improvements, the Port of Wilmington, N.C. will be able to handle 10,000-TEU vessels by this summer, the North Carolina State Ports Authority said in a statement.