MatchBack Systems forms board of directors, while Swissport International names CEO of Swissport UK & Ireland, and V.Group appoints non-executive directors to board.
UPS ups CEO compensation again in 2016
UPS Inc. Chief Executive Officer David Abney’s pay grew another 21 percent for the year after a 35 percent raise in 2015 and a nearly 105 percent increase in 2014, according to the company’s 14A filing with the U.S. Securities and Exchange Commission.
Winter Storm Stella causes closures at U.S. ports
Ports along the mid-Atlantic coast all the way up to New England have been impacted by the winter storm, and have altered operations accordingly.
NRF: U.S. economy drives double-digit growth in container imports
Major container ports in the United States handled an “unusually high” 1.67 million TEUs in January 2017, up 12.5 percent from the previous year, according to the Global Port Tracker report by the National Retail Federation and Hackett Associates.
ICTSI, PSA inaugurate joint venture terminal in Colombia
The new terminal at the Port of Buenaventura can handled 18,000-TEU containerships.
Commentary: License exception ‘ENC’ reporting requirements
Encryption reporting is an area that could be going unnoticed in some trade compliance departments, and management must be aware that encryption reporting is required for certain encryption exports, explained Renee Roe, director at BPE Global.
APL adjusts Asia-Latin America network
Citing seasonal demand changes, the CMA CGM subsidiary will be temporarily adjusting three services for the next three months.
Small tanker hijacked by Somali pirates
The bunkering tanker Aris 13 was hijacked by pirates off the coast of Somalia Monday.
Crowley adjusts Florida-Panama service
The service sails with two 1,100-TEU vessels on a weekly frequency.
NEWS FLASH: INTTRA acquires container repositioning platform
The ocean shipping electronic marketplace has paid an undisclosed sum for Avantida, a cloud-based provider of solutions, to better manage empty containers.