The United States House of Representatives on Monday passed a Coast Guard reauthorization bill that sets spending and policies goals through fiscal year 2017.
Employees of the third-party logistics provider have claimed in a letter to U.S. Securities and Exchange Commission they were pressured to buy stock in CEVA, which then lost all their value in a restructuring, according to a report from The Loadstar.
The Abu Dhabi-based express carrier, having already completed two deals in January, 2016, says it has plans for further expansion.
The third-party logistics provider posted net sales of 359 billion yen for the nine months ended Dec. 31, 2015 and projects net sales of 480 billion yen for the fiscal year ending March 31, 2016.
Kewill will use INTTRA’s schedules tool to supplement its transportation and trade management platform MOVE, adding to its use of INTTRA booking and shipping instructions tools.
A strong start to the year helped the air cargo industry post a 2.2 percent gain in freight-ton kilometers, according to data from International Air Transport Association.
The Canadian government will provide nearly $2 million Canadian to open a new office in support of the reconstruction and economic recovery of the city of Lac-Megantic, Quebec, which was devastated by an oil train derailment in July, 2013.
Although the Swedish port experienced year-over-year throughput declines for roll-on/roll-off units and containers in 2015, Gothenburg saw a surge in car and oil volumes.
The American Institute for International Steel projects steel import volumes will continue to be weak as a result of a variety of factors such as the deepening slowdown in China, the weak Canadian economy and low oil prices.
A total of 2.3 million tons of dry-bulk cargo, primarily consisting of iron ore, was transported by U.S.-flag Great Lakes freighters on the Great Lakes in January, a 23.1 percent year-over-year decline.
The global third-party logistics provider purchased certain assets in Alfa Logistics and Kronos Logistics.
The Southeast Asian nation has selected the port operator and freight forwarder the Bolloré Group to build and operate the deepwater port at Dili under a public-private partnership agreement.
The Richmond, Va.-based trucking company is powering its Greensboro, N.C. terminal with solar energy.
Japan Airlines awarded a new cargo handling contract to Worldwide Flight Services, the world’s largest airfreight handler, at New York’s JFK International Airport.
The Greenbrier Cos. shuffles CFO position, while CargoTec’s CFO leaves the company in July.
Aviation workers in Brazil and Argentina have walked off the job today at LATAM Airlines Group, arguing for improved work conditions.
Commissioner Rebecca Dye will the lead Federal Maritime Commission effort to develop commercial solutions to supply chain challenges and related port congestion concerns.
WesPac Midstream LLC and Pivotal LLC have established a joint venture to construct the first liquefied natural gas dedicated marine terminal in the world.
Hanjin Shipping, Korea’s largest container carrier, reported a net profit of $6 million in 2015 compared with a loss of $396 million in 2014 despite lower revenues.
Ride-hailing company Lyft settled a lawsuit with its California drivers for over $12 million, while Flower Foods, the bakery responsible for such brands as Wonder Bread, Nature’s Own and Tastykake, is facing 18 lawsuits in multiple states.
