Executive Moves: UPS and Diaz Trade Law
UPS appoints new general counsel, while customs and trade lawyer starts new firm in Miami.
UPS appoints new general counsel, while customs and trade lawyer starts new firm in Miami.
The National Surface Transportation Board found the bridge of the ill-fated TOTE Maritime Puerto Rico general cargo vessel a half mile away from the rest of the wreck after it was sheared off when the ship sank in Hurricane Joaquin.
Texas-based oil firms ConocoPhillips, NuStar and Enterprise Product Partners are racing to see who will be the first to export oil from the United States after Congress lifted the 40-year-old ban earlier this month.
Dubbed “National Returns Day,” Jan. 6 marks the date that American consumers are expected to make the most returned product shipments after the holiday season.
Worldwide airfreight volumes dropped 0.9 percent year-over-year in November, according to the latest figures from industry analyst World ACD.
Changes resulting from the implementation of the Union Customs Code and SOLAS container weight regulations will be just as important as economic issues in the coming year, according to the British International Freight Association.
Argentina’s government will now issue automatic licenses for imports for domestic consumption of products under virtually all tariff lines, according to Miami-based law firm Sandler, Travis & Rosenberg.
The dedicated Asia-Oceania AAX service and the NEMO loop between Europe, Africa, Oceania, Asia and the Indian Subcontinent will change one vessel each, increasing their average vessel capacity by 2.5 percent and 2.7 percent, respectively.
The port operator signed a contract with Gulf Marine Services, which will move its construction and maintenance yard in Mussafah, Abu Dhabi to a larger site closer to the channel at Zayed Port in Abu Dhabi City.
The freight division of Emirates secured a charter from a Japanese construction company to transport equipment from Tokyo’s Narita Airport to Entebbe, Uganda via its cargo hub in Dubai for a new bridge being constructed in Jinja, Uganda.
Many agricultural shippers are storing grain or using rail to get commodities to export markets as a result of the continued closure of an entire section of the important freight corridor.
The U.S. Coast Guard closed a five-mile stretch of the Mississippi River near St. Louis due to high water levels and fast currents caused by the winter storm Goliath.
ASEAN member countries will officially launch a long-term plan this week to achieve regional economic integration within the next 10 years.
By telling customers up front that package delivery on its two- and three-day shipping services would take an extra day to deliver during the week of Christmas, UPS may have saved itself a huge headache this holiday season.
The Department of Transportation is warning that companies are not following hazmat shipping requirements for this season’s popular toy and Customs is on the look out for hoverboards with counterfeit batteries.
The investment firm set a target price of $182 per share for FedEx Corp., a premium of nearly 22 percent on the stock’s closing price yesterday.
The government of South Korea also plans to require downsizing and restructuring of its shipyard industry, according to multiple media reports.
Although the port handled less containerized and conventional cargo in terms of tonnage for the first 11 months of 2015 compared to last year, it handled more oil and non-oil bulk cargo year-over-year.
The Jawaharlal Nehru Port Trust, which manages the Port of Jawaharlal Nehru in western India, broke ground on the development of an inland port in Jalna, India.
The French ocean carrier says the 18,000-TEU ship Benjamin Franklin is the “future of container shipping,” but it has no immediate plans for deploying such large containerships in the transpacific trade.