The North American Chassis Pool Cooperative (NACPC) has added 1,200 chassis that will be integrated into its South Atlantic Consolidated Pool and Chicago & Ohio Valley Consolidated Pool common-use and premium chassis network.
UPS hires chief transformation officer; Canadian Pacific names vice presidents for its three business units within the sales and marketing team; SeaCube Container Leasing names chief commercial officer; and MPC Capital unveils changes in its shipping unit.
The total value of cross-border trade between the United States and its partners in the North American Free Trade Agreement (NAFTA) rose 3.6 percent year-over-year in September, but the future of NAFTA still remains unclear.
FedEx Express will purchase 50 clean-sheet Cessna SkyCourier 408 aircraft from Textron Aviation, with options to buy up to 50 additional aircraft, the parcel carrier said in a statement.
DHL Supply Chain will test the trucks at its customer operations in major U.S. metro cities, and they will be used for shuttle deliveries and same-day customer deliveries when they become available in 2019, the company said in a statement.
A.P. Møller-Maersk appoints members to executive board; ShipMoney selects head of the company’s Scandinavian operations; CRST International names president of CRST’s Logistics Inc.; and the IACSC elects new officers and board members.
The U.S. Justice Department will make permanent a program that encourages companies to self-disclose violations of the Foreign Corrupt Practices Act (FCPA), but it’s not a get-of-jail-free pass for wrongdoing.
The autonomous trucking company raised $55 million in a Series C funding round led by Composite Capital, with participation from existing investors Sina and ZP Capital.
The Israeli ocean carrier had a net profit of $25.2 million for the quarter compared to a net loss of $37.6 million for the third quarter of 2016, thanks to increasing freight rates, higher volumes and cost utilization, president and CEO Eli Glickman said.
The Taiwanese ocean carrier finalized the rights offering of 500 million new shares at 12 new Taiwan dollars per share, cashing in a total of NTD 6 billion (U.S. $200 million).
Air Canada’s agreement with Cargojet will not be extended once it expires at the end of the year, Air Canada Cargo said in a statement.
CMA CGM names chairman of the board; DB Cargo AG appoints chief executive officer; IAG Cargo announces three new executive team appointments; and the Hong Kong Shipowners Association elects new chairman, deputy chairman and vice chairmen.
U.S. Customs and Border Protection’s (CBP) agricultural specialists undergo extensive training in order to identify dangerous species and diseases carried on international cargo and prevent them from entering the country.
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has placed North Korea’s government agencies in charge of maritime transport, as well as half a dozen North Korean shipping companies, on the department’s sanctions list.
The Icelandic shipping company’s net earnings totaled 8.8 million euros for the quarter, down 6.3 percent from the third quarter of 2016 due to adverse currency exchange fluctuations, but operating revenues shot up 32 percent to 177 million euros.
The Belgian port authority is gaining ownership and control of 720 kilometers of pipelines through its acquisition of Nationale Maatschappij der Pijpleidingen.
The seasonally adjusted For-Hire Truck Tonnage Index stood at a reading of 147.6 in October, up 3.3 percent from September’s reading of 142.9, according to the American Trucking Associations (ATA).
“The NAFTA renegotiation is a disaster,” said longtime Washington trade attorney Jon Fee to attendees at the Apparel Importers Trade and Transportation Conference in New York this week, “I think trade policy is spiraling into darkness.”
North American intermodal pricing in October inched up 1.9 percent from October 2016, marking the thirteenth consecutive month of year-over-year increases, according to the latest Cass Intermodal Price Index.
U.S. Customs and Border Protection will implement various cargo processing fee increases for importers and carriers, effective Jan. 1.
