Maritime

The trucking and logistics company’s operating revenues for the first quarter of 2018 surged 20.6 percent year-over-year to $156.7 million.

A logistics powerhouse in Africa, the French company allegedly “provided discounted communications advice” in Guinea and Togo in exchange for licenses to operate container ports.

An industry association elects 2018-19 officers and Air Partner appoints interim chief financial officer.

The U.S. Postal Service and Customs and Border Protection have been ramping up efforts to stop shipments of fentanyl, which largely arrive in the United States from China.

The union representing about 25,000 CBP officers cites “forced overtime shifts, multiple deployments away from home and low morale.”

Deferral of ship deliveries will improve supply-and-demand balance for liner companies.

The U.S-China Bilateral Maritime Consultations also included talks on competition and efficiency in the U.S. container shipping industry.

The total value of U.S. cross-border trade with Canada and Mexico increased for the 19th straight month in May.

The total value of cross-border trade between the United States and its partners in the North American Free Trade Agreement rose 8.7 percent year-over-year to $86.47 billion in February.

The Atlanta-based parcel giant saw its net income jump 15.4 percent year-over-year to $1.3 billion, led by double-digit profit growth in the international, supply chain and freight segments.

The weekly service was discontinued in 2005 following Hurricane Katrina.

The agency also has been taking a “really strong look” at forced labor used for imported goods.

Annual report lays out strategy for domestic and overseas multimodal transport and inland services.

The port terminal operating arm of the Chinese state-run conglomerate reported net earnings of $69 million, an 84.3 percent increase from the prior year.

Move follows consolidation of its liner business with that of Japanese competitors.

Senators are told, “American cargo owners are saying their equipment is getting stuck, their cargo is getting stuck at these inland places.”

The shared-space distribution model is designed to shorten transit times without adding overhead.

The Class I railway increased its year-over-year net income, revenues and volumes.

Kenneth Wagers is named COO and Troy Cooper is promoted to president.

The companies believe FBX will set the stage for future derivative financial instruments.