The Memphis, Tenn.-based integrator’s subsidiaries – FedEx Express, FedEx Ground and FedEx Freight – will increase shipping rates Jan. 2, 2017.
The New York State Department of Environmental Conservation has informed Global Partners an air quality renewal permit for its oil terminals at the Port of Albany, approved more than four years ago, would be subject to a new environmental review process.
The Cedar Rapids, Iowa-based trucking company has appointed Hugh Ekberg as group president and chief operating officer.
The Lonsdale Consortium, which comprises the Future Fund, QIC, Global Infrastructure Partners and OMERS, agreed to pay $9.7 billion Australian (U.S. $7.3 billion) to acquire a long-term lease to operate Australia’s largest container port.
State and city authorities in New York have filed a lawsuit in federal court seeking over $872 million from parcel giant UPS for the illegal delivery of more than 683,000 cartons of untaxed cigarettes.
The international express parcel carrier opened the Jakarta Gateway 530 at Indonesia’s Soekarno-Hatta International Airport.
The Westbury, N.Y.-based non-vessel-operating common carrier opened a new office in Durban, South Africa, operating as Oceanwide Logistics SA (Pty) Ltd. (OL South Africa).
Unishippers Global Logistics names chief executive officer, while the Transportation Intermediaries Association appoints chief of staff and Wabash National picks president.
Additional information has been provided to American Shipper by Vermeer, which clarified that CEVA is not overseeing ocean shipments from Vermeer’s global headquarters in Pella, Iowa, as was previously reported in, “CEVA to manage Vermeer’s European parts distribution.” Those responsibilities remain with the global transportation and logistics team at Vermeer Corp. in Pella.
Patrik Berglund, chief executive officer of Oslo-based ocean freight rate intelligence platform Xeneta, said Hanjin Shipping’s insolvency has “turned the market on its head,” but the real question is “how long will this last?”
A spokesperson from Hanjin told American Shipper Monday that 28 of the ships it operates have completed cargo unloading.
Guido De Ciccio, senior vice president, Operations Western Region at Canadian Pacific, is retiring after 40 years with the Calgary-based Class I railroad, CP said in a statement.
The Norwegian e-navigation technology and services firm will represent the maritime industry in the European Union’s ENABLE project, which aims to study safety issues surrounding the use of autonomous vehicles in the region.
The Singapore-based ocean carrier, the parent of which was acquired by CMA CGM earlier this year, will purchase slots on the French line’s Victory Bridge loop between Europe, the U.S. South Atlantic and the Gulf of Mexico.
While spot freight rates measured by the Shanghai Containerized Freight Index from China to Northwest Europe and the Mediterranean continued to rise, prices to the United States either remained the same or fell back from last week.
The Russian cargo airline has commenced a twice-weekly Boeing 747 freighter service from Moscow to Seattle-Tacoma International Airport.
The International Longshoremen’s Association has reversed an earlier decision, and agreed to once again work ships operated by the now insolvent South Korean ocean carrier.
Exporters that rely on U.S. Export-Import Bank financing to secure large international deals are frustrated that the bank’s board currently cannot approve transactions of more than $10 million without a quorum.
Truckload pricing dipped another 2.8 percent for the month compared to August 2015, the sixth consecutive month of year-over-year declines, according to the latest Cass Truckload Linehaul Index.
The United States Export-Import Bank said starting Sept. 21 it will resume offering short- and medium-term financing in Argentina after being closed in the South America market to transactions for the more than 15 years.
