The Federal Aviation Administration had been investigating the aircraft manufacturer for not properly managing its quality controls for manufacturing.
The seasonally adjusted For-Hire Truck Tonnage Index for November 2015 equaled 134.3, down from 135.5 in October but up 0.2 percent from November 2014, according to the American Trucking Associations.
Saverco has acquired all the outstanding shares of ship and aircraft lessor CMB and delisted it from Euronext Brussels on Dec. 22.
The Sri Lankan port established a record by reaching a container throughput of 5 million TEUs since the beginning of 2015.
Class I U.S. railway Norfolk Southern will consolidate the operations of two of its coal docks, both of which are located in northern Ohio on Lake Erie.
The Slovenian port is projecting an additional 4 percent year-over-year jump in throughput to 21.4 million tons in 2016 as the port continues to undergo major upgrades.
The Israeli ocean carrier said it plans to expand its refrigerated container fleet in order to accommodate the rising demand from its ZIMonitor service.
Emirates Motor Company supplied the third party logistics provider with 30 new Mercedes-Benz Actros Benz trucks to add to its delivery fleet.
SEKO Logistics appoints VP of business development, while Finnair Cargo names new head of global sales.
Canadian Pacific’s latest attempt to buy rival Norfolk Southern hasn’t swayed executives of the Virginia-based railroad, which said it still doubts the deal would pass regulatory review regardless of the offer’s value.
With only 57 active ships in the Maritime Security Program, MarAd is seeking additional vessels and increasing the per ship stipend from $3.1 million to $5 million to help U.S.-flag carriers offset higher operating costs.
The second highest court in the European Union has reversed a prior European Commission decision to impose over $850 million in fines on 12 airfreight carriers for alleged anti-competitive behavior.
Singapore Post Limited Group Chief Executive Officer Wolfgang Baier stepped down abruptly on Dec. 10, according to a statement from the company.
Terminal 5 in Seattle is having its dock strengthened and deepened, with the design phase scheduled to begin after the New Year.
Texas-based University Furnishings has agreed to pay $15 million to resolve a lawsuit brought under the False Claims Act that it evaded duties on furniture imports from China.
The Moscow, Russia-based cargo airline handed 439,000 tons of cargo during the first 11 months of 2015, a 20 percent year-over-year increase.
U.S.-flag vessel operators on the Great Lakes have committed over $110 million in 2016 to maintain and upgrade their vessel fleets.
The forwarder established the Southern rail corridor, a multimodal service between China and Turkey that occupies a critical juncture within the Silk Road Economic Belt.
The airfreight carrier will utilize Boeing 777F freighter aircraft to fly the route two times per week from DFW Airport, a large market for air cargo, to Liege, Belgium.
The Panama Canal Authority has yet to select a commercial opening date, but says it will be “soon after the inauguration” of the widened waterway following transit trial tests with a chartered vessel via the Atlantic locks in April.
