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TECSYS boosts earnings, revenues in Q3 FY2017

The Montreal, Quebec-based supply chain solutions provider saw net profits jump 63.5 percent from the prior year period to $888,000 Canadian as revenues grew 11.5 percent to C$17.4 million, according to the company’s most recent financial statements.

Shipping NewsPosted on: March 1, 2017

Virgin to expand airfreight service to the U.S.

Virgin Atlantic Cargo is launching a new daily freighter service from London to Seattle, and additional flights from Manchester to the United States in 2017.

Shipping NewsPosted on: March 1, 2017

Port of Rotterdam, Kramer Group ink deal for reefer service center

The service center will be located at the former City Terminal in the Port of Rotterdam’s Eemhaven area.

Shipping NewsPosted on: March 1, 2017

Executive Moves: IAG Cargo, INTTRA and ATA

IAG Cargo appoints chief financial officer, while INTTRA hires president of Asia Pacific, and American Trucking Associations elects general chairman and treasurer of its Technology & Maintenance Council.

Shipping NewsPosted on: March 1, 2017

DCLI acquires chassis fleet from NYK

The deal is increasing Direct ChassisLink’s fleet of owned, leased and managed chassis to approximately 133,000.

Shipping NewsPosted on: February 28, 2017

Hapag-Lloyd’s revenues, earnings tumble in 2016

A significantly lower average freight rate drove Hapag-Lloyd’s revenues down 12.5 percent year-over-year in 2016 to 7.7 billion euros.

Shipping NewsPosted on: February 28, 2017

China Airlines taps WFS for cargo handling in Chicago

Under the newly expanded contract, Worldwide Flight Services will handle up to seven direct flights a week connecting Chicago O’Hare International Airport with Taipei and an estimated 56 million kilos in cargo annually, according to a statement from WFS.

Shipping NewsPosted on: February 28, 2017

AASHTO urges Congress to fix ‘broken’ Highway Trust Fund

The primary federal funding mechanism for transportation infrastructure projects will run out of money once the FAST Act expires in 2020, according to Bud Wright, executive director of the American Association of State Highway and Transportation Offici…

Shipping NewsPosted on: February 28, 2017

Carriers express opposition to FMC on detention and demurrage petition

The World Shipping Council has warned of unintended consequences that would be detrimental to shippers if a rule was adopted that would limit situations in which detention and demurrage may be collected.

Shipping NewsPosted on: February 28, 2017

XPO’s Jacobs: Teamsters ‘out of control’

XPO Logistics CEO Brad Jacobs commented on the contentious relationship between the union and his company after Teamster-affiliated protesters burst into one of the morning sessions at JOC’s TPM Conference in Long Beach, Calif.

Shipping NewsPosted on: February 28, 2017

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  • Gemini Shippers joins coalition seeking suspension of detention and demurrage charges
  • FMC Commissioners Discuss Ocean Carrier Issues, Global Alliances, and Market Developments
  • Section 301 updates
  • See Vintage Lord & Taylor Handbag Illustrations
  • Fashion Industry to Meet Post-Midterm Elections to Discuss Expected Impact on Trade & Business Outlook
  • Accessories Council Introduces Its Business Workshop on Nov 15
  • Americans for Free Trade coalition urges USTR to extend exclusions for products covered by the Section 301 China tariffs before they expire
  • Gemini Shippers Group joins assocition in letter to USTR on Vietnam Section 301 tariffs.
  • Federal Maritime Commision – Covid-19 Supply Chain Investigation Shifts Focus to NY/NJ in Phase Two
  • ONE reports $192 million loss in second quarter
  • C.H. Robinson’s net income jumps by over 46 percent
  • ITC weighs testimony in aluminum AD/CVD case
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Gemini Shippers Association

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Fashion Accessories Shippers Association

www.fasa.nyc

137 West 25th Street, 3rd Floor
New York, NY 10001
info@fasa.nyc
212-947-3424