U.S. records 0.7% negative Q1 growth
Economists say the poor economic performance is primarily attributable to harsh winter weather and West Coast port disruptions.
Economists say the poor economic performance is primarily attributable to harsh winter weather and West Coast port disruptions.
The $1.2 billion acquisition will significantly diversify the Japanese forwarder’s service portfolio.
Sportswear company redirected cargo from Port of Long Beach to the East Coast in the aftermath of the labor strife at West Coast ports that caused massive cargo backlogs.
Decision to phase out the TMS provider’s LITE platform and focus on its Ascend product comes after management acquired the business from a private equity holding company in January.
German company will use the experience it gained from auditing and performing quality checks on suppliers to offer services and IT for textile companies.
Dredging of the Savannah River is slated to commence later this year, but preliminary work has already begun.
The Federal Railroad Administration will supply a $6.8 million Railroad Rehabilitation and Improvement Financing loan to the Arkansas and Missouri Railroad.
Airfreight carrier will add Detroit to its list of daily flights to and front London Heathrow airport, effective June 1.
The Swiss freight forwarder said former agent Afifi will be “fully integrated” into its operation.
“Every participant in the supply chain will have a role to play” in solving congestion issues, according to a new report from carrier group World Shipping Council.
The first of seven groups will meet early next month to discuss issues surrounding the upcoming peak season.
Profits at the logistics and trade compliance software provider grew faster than revenues thanks to the company’s focus on building its Global Logistics Network.
Transportation analyst’s Shippers Conditions Index for March declined steeply from February, with further drops expected through the remainder of 2015 due to the impact of regulations on trucking capacity.
The ocean carrier will deploy a dozen of its own vessels on its Andes Service, formerly a joint offering with Hapag-Lloyd and CMA CGM.
AIIS warned this “negative trend is now growing more pronounced, and, if it continues, the year-to-date total could soon fall below 2014.”
The international express parcel carrier will invest $5.3 million in 2015 for infrastructure, technology, and customer service development in Thailand.
The Federal Aviation Administration has proposed civil penalties ranging from $54,000 to $81,669 against three companies for allegedly violating federal hazmat rules.
The maritime services provider’s new facility includes mission bridge and engine room simulators, a culinary and hospitality instruction center, two housekeeping training areas, and a full suite of classrooms and auditoriums.
Great Lakes port expects the first phase of dock reconstruction to be completed by 2016.
The luxury retailer also said U.S. port congestion negatively impacted its margins in first quarter 2015.