Executive Moves: 300cubits and Cargojet
300cubits adds to advisory board and Cargojet appoints new board chairman.
300cubits adds to advisory board and Cargojet appoints new board chairman.
The U.S. Department of Transportation (USDOT) will allocate almost $500 million to 41 road, transit, maritime and rail projects under the Transportation Investment Generating Economic Recovery (TIGER) program.
Agricultural haulers were granted an additional 90-day waiver from the electronic logging device rule, just days before the first waiver was set to end March 18.
The Ports of Los Angeles and Long Beach both experienced a strong February for containerized cargo throughput, particularly imports, as shippers scurried to get their goods moved from Asia before Chinese New Year began Feb. 16.
The logistics arm of Japanese shipping company Mitsui O.S.K. Lines formed a partnership with California-based NEXT Trucking to make it easier for overseas companies to ship cargo to final distribution destinations in the United States, the companies said.
The European Community Shipowners’ Associations and World Shipping Council said current rules create an unnecessary workload.
Container carriers transported more than 13.8 million TEUs for the month, boosted by strong growth in exports from Asia and imports to North America, according to the latest data from Container Trade Statistics (CTS).
Transport Logistics International (TLI), a Maryland-based company that provides transportation services for nuclear materials, has agreed to pay a $2 million criminal penalty to settle allegations of bribing a Russian official.
A.P. Moller-Maersk Group’s container terminal operating arm will make new investments to help shippers with landside connections.
The Port of Oakland on Monday released a plan for the next five years, dubbed “Growth with care,” that envisions more jobs and economic stimulus, as well as 8 percent more containerized cargo volume in Oakland by 2022.
Ports covered by the National Retail Federation’s Global Port Tracker handled 1.72 million TEUs of imports for the month, a year-over-year increase of 1.8 percent, but the association warned new U.S. tariffs on steel and aluminum could dampen cargo growth.
President Donald Trump has removed Rex Tillerson as Secretary of State and said he plans to replace him with CIA Director Mike Pompeo.
Beam Bros. Trucking and its two owners have agreed to pay $1,025,000 to resolve allegations that they overcharged the U.S. Postal Service on contracts to transport mail, according to the U.S. Justice Department.
Three of the four missing crew members of the Maersk Honam were found on board the vessel, which caught fire last Tuesday in the Arabian Sea.
The Port of New Orleans is in the early stages of planning for a second container terminal to capture expected increased cargo demand in the U.S. Gulf Coast region and has already identified a potential greenfield site for development.
The union and employers revealed Friday they will resume master contract discussions, saying that issues and concerns regarding automation, which caused the talks to come to a halt in December, have been “adequately addressed.”
Sources say little headway was made last week in talks between the union and New York Shipping Association where employers are attempting to bring costs and productivity more in line with other U.S. East and Gulf coast ports.
Orient Overseas International Ltd., the parent company of container carrier OOCL, reported a profit attributable to equity holders of $138 million in 2017, as OOCL experienced “tremendous” growth in both European and U.S.-bound trades.
The global port operator entered into a subscription agreement for Navis’ N4 terminal operating system.
Transportation and logistics companies added 15,400 jobs for the month following a revised 11,800-job gain in January, according to recent preliminary data from the U.S. Department of Labor.