The Phoenix, Ariz.-based third-party logistics provider and truck broker has purchased Global Freight Source for an undisclosed price in an effort to continue to grow its share of the truckload and less-than-truckload brokerage market.
Port of L.A. posts record box volumes in 2016
The Southern California port handled more than 8.8 million TEUs for the year, an 8.5 percent increase from 2015 and the most ever for a port in the western hemisphere, according to a statement from the port.
Rail unions sue over ‘punitive’ NJ substance abuse law
The BLET and SMART-TD labor unions are seeking to overturn a law prohibiting New Jersey Transit locomotive engineers from operating trains if their motor vehicle driver’s license is suspended.
<em>AS</em> launches trade-focused <em>Adam Smith Project</em>
American Shipper earlier this week launched the Adam Smith Project, a new weekly digital newsletter that will take a deep analytical look at the current and future regulatory landscape and technology’s impact on global trade.
Drewry stokes M&A speculation, calling OOCL ‘a perfect bride-to-be’
Drewry’s investment research arm said it believes CMA CGM of France is best positioned among the major carriers to be a perfect suitor for Orient Overseas (International) Limited, the parent company of Hong Kong-Based OOCL.
China hits animal feed product with higher duties
The U.S. Grains Council called the announcement by China that it will subject U.S. distiller’s dried grains with solubles (DDGS) to anti-dumping and countervailing duties “rash.”
Alibaba inks forwarding deal with WCA
Sellers using Alibaba will have direct access on the e-commerce marketplace platform to logistics services from qualified WCA member forwarders around the globe.
Commentary: History Lessons and the Alibaba-Maersk partnership
The logistics industry should heed past innovators as it grapples with Amazon and Alibaba’s clear desire to take greater control of their logistics processes, according to CoLoadX founder Fauad Shariff.
U.S. Customs postpones deployment of ACE functions
In a surprise announcement, Customs and Border Protection has delayed implementing several post-release functions in its Automated Commercial Environment in order to resolve outstanding technical issues.
Chao sails through confirmation hearing
Elaine Chao testified before the Senate Commerce Committee, which is reviewing her nomination to be secretary of transportation, but provided few details on how the Trump administration intends to pursue investments in infrastructure.