Business

Finnair taps new VP of cargo, while Unicon Logistics appoints sales executives for Southern California.

The entire investigation into the loss of TOTE Maritime Puerto Rico ship will take 12-18 months, but the NTSB will release findings on an “as needed” basis in advance of […]

The national mail carrier of Singapore and aspiring global logistics provider has agreed to purchase a 71.1 percent share in Jagged Peak, Inc. for $15.8 million.

Stock in the hardwood flooring retailer jumped up 16.6 percent after the company announced it had settled a Department of Justice investigation related to foreign timber imports.

United States beef export volumes fell 18 percent to 84,167 metric tons, while pork export volumes fell 1 percent to 160,719 metric tons and lamb export volumes fell 27 percent […]

Thermo King, a manufacturer of transport temperature-control systems and a subsidiary of Ingersoll Rand, has acquired Ireland-based Celtrak.

Thirteen technical and community colleges received $2.3 million in truck diver training grants through the FMCSA’s Commercial Motor Vehicle – Operator Safety Training program.

With more tonnage to be delivered next year, London-based shipping consultant Drewry says “the overhang of excess capacity [in the ocean freight industry] will be even greater than that experienced […]

U.S. Customs and Border Protection agents at the Fort Lauderdale, Fla. port found over 615 pounds of the illegal narcotic hidden in a container that originated in Cartagena, Colombia.

Brightstar Group and Unik Toyz Trading, both based out of Los Angeles, Calif., agreed in federal court to cease their imports of hazardous children’s toys.

U.S. steel exports are down overall in 2015, thanks to an economic slowdown in Canada, which purchases about half of all steel exported from the United States, according to the […]

The Federal Aviation Administration will provide a $27 million grant to help the City of Williston, N.D., buy land for a new airport to replace Sloulin Field International Airport.

The independent containership owner and manager agreed to purchase KVH Industries’ mini-VSAT Broadband 2.0 maritime communications solution for 18 of its newest vessels.

The U.S. Coast Guard and ship operator TOTE Maritime have scheduled press conferences for this afternoon to announce any new information on last week’s disappearance of the Florida-Puerto Rico cargo […]

The Japanese ocean liner carriers and three executives at the companies allegedly conspired to fixed prices on roll-on/roll-off cargo, according to the U.S. Department of Justice.

The U.S. Department of Transportation on Tuesday released $5 million in emergency relief funds to South Carolina to repair storm-damaged roads and bridges.

U.S. Commerce Secretary Penny Pritzker, who arrived in Cuba on Tuesday, will co-chair a regulatory dialogue with government officials from the long-embargoed Caribbean nation.

Kewill and Polaris Transportation make chief executive changes, while C.H. Robinson appoints Europe, Asia trade route development directors.

ConAgra Foods appoints chief supply chain officer, while heavy-lift ship operator SAL names project department head.

Rep. Stephen Fincher, R-Tenn., introduced a bill that would restore Ex-Im Bank’s operations and include various reforms, but will require a “discharge process” to reach the House floor for a […]

The company’s minority investment in e-commerce specialist Ally Commerce Inc. is more about research than revenues, according to Rimas Kapeskas, head of UPS’s strategic enterprise fund.

The six-month stop-gap funding measure, approved by the House and Senate earlier in the week, buys Congress until March 2016 to negotiate a long-term Federal Aviation Administration bill.

The West Michigan Shoreline Regional Development Commission will receive $62,500 and the commission and Michigan State University will receive $111,706 in grant money from the Economic Development Administration.

Based on the Obama administration’s limited annual review, Generalized System of Preferences will now include five upland cotton fiber products and the reinstatement of the Ukraine in the program.

The Chinese National Development and Reform Commission has approved plans for three rail projects that will run through the Yunnan, Guizhou and Sichuan, Jiangsu, and Hubei provinces, according to Reuters.

The International Longshore and Warehouse Union said it will appeal the National Labor Relations Board decision, which requires the union to post to post a notice saying it will not […]

Under the new bill, introduced by House Transportation and Infrastructure Committee leaders on Wednesday, the deadline for PTC compliance would be extended from the end of this year until end […]

General Electric’s power and water division plans to quit manufacturing gas engines at its plant in Waukesha, Wisc., and open a new facility in Canada to access its export credit […]

Department of Transportation grants will support training for first responders in rural areas who may encounter train derailments with potentially flammable loads.

Wabash National Corp, will offer a new fiberglass reinforced plastic tank trailer designed to transport sulfuric acid in concentrations up to 98 percent.

Rand Logistics names VP of procurement, DHL Express in Africa appoints managing director of Sub-Saharan Africa and Texas Trucking Association selects Intermodal Committee chairman, while Park City Group names CFO.

The Senate approved the short-term FAA bill, which was passed in the House of Representatives Monday, just one day before federal aviation funding was set to expire.

An undeclared consignment of handguns that was on its way from Mumbai, India to the Democratic Republic of Congo was discovered in a United Nations shipment on board the Höegh […]

The minority investment from Goldman Sachs will be used to fund numerous technology developments and growth initiatives, and Goldman Sachs will be given one seat on the supply chain software […]

Philadelphia Regional Port Authority executive director and Mersey Maritime CEO announce retirements, while Sparrows Point Terminal names VP of finance.

The U.S. Government Accountability Office said in a report issued Friday CPFA requirements have increased the overall cost of shipping food aid by an average of 23 percent from April […]

With the House speaker’s departure, many business groups are left to wonder about the likelihood of passing various trade and transportation bills in a deeply divided Congress.

Absolute Worldwide Logistics has acquired Shipmymachinery.com, an online web portal specialized in equipment over-the-road transportation.

Cargo 2000 appoints new executive director, while CHAMP Cargosystems names CFO.

The Federal Highway Administration will provide $200,000 in grants to fund pilot projects to encourage the movement of trucked inner-city freight deliveries from the day to the night.

The U.S. Department of Commerce’s Bureau of Economic Analysis revised a previous prediction of a 3.7 percent annual growth rate in second quarter gross domestic product to a 3.9 percent […]

Complaints against shipping companies involve telex charges, container seal fees and terminal handling charges, according to state news agency Xinhua.

New orders for manufactured durable goods fell 2 percent to $236.3 billion in August following two straight months of growth, according to the latest figures from the U.S. Census Bureau.

The Florida based shipping company announced it now offers a direct connections between Port Everglades and Mariel and Santiago de Cuba.

Without an extension past the original Dec. 31, 2015 deadline for implementation of Positive Train Control, shippers say the resulting “large-scale service disruption would be dire.”

Chinese leader Xi Jinping, whose agenda in the U.S. includes commercial issues, Wednesday met with CEOs from Boeing, Apple and Cisco in Seattle on his way to visit President Obama […]

The global shipping industry has reduced total carbon dioxide emissions by more than 10 percent since 2007, according to the International Chamber of Shipping.

U.S. Customs and Border Protection discovered more than $6 million worth of cocaine hidden in cases of Costa Rican pumpkins and squash at the Port of Philadelphia last week.

Clinton County Port Authority appoints new executive director, while Port Freeport names business development director.

A lawsuit from Canadian National Railway accuses a former employee of sharing confidential client information with rival railroad Canadian Pacific, according to multiple media reports.

The Australian Maritime Safety Authority banned an Indonesian cargo ship from entering or using any port in Australia for three months.

Sparrows Point Terminal names VP of commercial and trade development, while Fleetgistics appoints operations VP.

The Commerce and Treasury departments have announced regulations that pave the way for certain U.S. exporters, carriers and logistics services providers to set up operations in Cuba.

The National Customs Brokers and Forwarders Association of America said its partnership with the Commerce Department agency will “strengthen the competitiveness of the logistics and transportation industry.”

The engineering solutions and services provider for the offshore and marine industries received a $21 million order for optimized cargo handling systems on five 10,500-TEU containerships currently under construction for […]

The United States Department of Agriculture granted the gulf coast port approval to import select types of refrigerated produce from South America effective Oct. 1.

Rickmers-Linie, Schneider and U.S. Bank Corporate Payment Systems name chief officers, while NYK Ports and ABP appoint business directors.

The home improvement retailer opened a 1.6 million-square-foot direct fulfillment center in Troy Township, Ohio to support continued growth in online sales.

   It’s long been said it’s the quiet ones that you have to watch out for.    In the global logistics industry, Warburg Pincus may best fit this description. The […]

   In a decision having to do with the theft of a cosmetic shipment (Blinc, Inc. v. AZ Miami Corp. U.S. District Court, S.D. Florida. No. 14–23998. June 30.), a […]

General Electric is bidding on $11 billion in power projects that received a line of credit from the French export credit agency and may result in more than 500 U.S. […]

Global cargo thefts are increasing at an “alarming” rate and are no longer limited to high-value goods, according to the International Union of Marine Insurance.

American Maritime Partnership chairman Tom Allegretti says there is strong support for Jones Act in Congress and attempts to exempt Puerto Rico could jeopardize Congressional support for aid.

UTi appoints two VPs, while the Long Beach City Council confirms harbor commission appointments and LogFire adds Oracle expert to ranks.

With railroads not able to meet the December 2015 compliance deadline for positive train control, an extension is needed, according a letter sent to every member of the House Transportation […]

A group of international trade associations and law enforcement agencies want to find ways to better share data to respond more efficiently to pirate attacks against merchant ships.

The truckload, intermodal and logistics services provider now offers intermodal shippers easier cross-border clearance and inspection services for certain commodities that originate in the United States or Canada destined for […]

Tiger Cool Express appoints two VPs and chief commercial officer, while former V.Ships CEO joins ShipServ board.

A report from the Working Group for the Fiscal and Economic Recovery of Puerto Rico, established by Governor Alejandro García Padilla, said a Jones Act exemption would “reduce transportation costs […]

The five Market Development Cooperator Program-backed projects are expected to generate more than $653 million in U.S. exports over the next three years in return for the one-time $1.4 million […]

The Pacific Merchant Shipping Association, which opposed the legislation after several compromise proposals were rebuffed, said the pilots “rolled the dice” for millions more in pay increases and lost.

The government plans to invest RMB 100 billion ($15.7 billion) in over 60 shipping and port related projects to reach an annual cargo throughput of 550 million tons and a […]

The Port of Jacksonville was granted approval to import select cold-treated products from Peru, Uruguay and Argentina.

Promotions and appointments were made at SABMiller, DHL Global Forwarding, Cargolux, DP World London, Buss Port Logistics, and Swisslog.

Alexander Fishenko operated as an agent for the Russian government, conspiring to ship millions of dollars worth of sensitive U.S.-made microelectronics to Russia, according to the U.S. Attorney’s office.

Police in both countries have confiscated more than two tons of illegal narcotics that had been dyed black and disguised as a chemical component in printer and copier toner, according […]

A final rule “streamlines” the hazardous materials special permits and approval process by including new procedures for evaluating applications the Pipeline and Hazardous Materials Safety Administration said Thursday.

The supply chain management software company reported a 20 percent decline in EBITDA despite 15 percent revenue growth in the first quarter of fiscal year 2016, which ended July 31.

Roadrunner appoints senior VP of sales, while Fleetgistics names new CEO.

The Safe, Flexible and Efficient Trucking Act would allow interstate systems in each state to increase their weight limit from 80,000 pounds to 91,000 pounds if trucks were equipped with […]

The global trade and transportation software provider posted a net income of $5.1 million for the second quarter of fiscal 2016, which ended July 31, a year-over-year increase of 42 […]

The Federal Maritime Commission is looking to to increase awareness of its role with legislators, the press, and stakeholders.

The major shipment of illicit rough diamonds and gold confiscated at Beitbridge border post last week was one of several recent large hauls, according to the South African Revenue Service.

The Cornelia Maersk is the only vessel tested thus far by the Coast Guard and CBP and the agencies do not plan to test any other ships from Tianjin in […]

The global mobile satellite communications services provider will participate in the $7.3 million Advanced Autonomous Waterborne Applications Initiative, which is being led by English automobile and engine manufacturer Rolls-Royce.

The electronic freight posting company launched a new online analytics service for transportation and logistics professionals.

Jeff Smisek, who stepped down due to ongoing federal investigations into his dealings with Port Authority of New York and New Jersey, will be replaced by the chief executive officer […]

“There have been no reports of vessels with confirmed hazardous ash, debris or residues onboard,” according to a bulletin from the United States Coast Guard.

CEVA appoints new Australia/New Zealand managing director, while Cathay Pacific Airways names executive director.

The U.S. Coast Guard closed part of the Mississippi River Thursday after a collision between two ships caused oil to leak into the water.

The Federal Railroad Administration is seeking applications for $10 million in competitive grant funding available to states to improve highway-rail crossing safety.

Florida Ports Council appoints 2015-2016 leadership and the Busan Port Authority names CEO, while Con-way Freight promotes VP of western area sales.

The over 5,000 firearms and 490,000 rounds of ammunition found hidden in containers onboard the Haddad I may have been destined for ISIS forces.

The U.S. Department of Commerce’s Bureau of Industry and Security imposed a $3.5 million penalty on Streit USA of South Carolina, its UAE-based affiliates, and two corporate officers.

The Federal Maritime Commission has asked OAKMTOA to provide additional information about their plan to fund weekend gates at the Port of Oakland with a fee on cargo moving through […]

Port Hueneme commissioner tapped to lead the Association of Pacific Ports, while TIACA appoints director.

The pest, a type of beetle that can cause significant damage to trees, was found on untreated wooden pallets from Poland, U.S. Customs and Border Protection said.

C.H. Robinson names president of European operations, while Transplace appoints VP of capacity services and England Logistics adds three VPs.

Drivers for the popular ride-sharing company will now be able to proceed as a group, rather than individuals, in a worker misclassification lawsuit that could have implications in the freight […]

The new Terminal Information Portal System (TIPS) will provide information on container availability, export booking status and more.