Aviation industry officials and governments are expected to finalize a global climate change agreement at the International Civil Aviation Organization’s 39th Assembly in Montreal, which begins today, according to the Air Transport Action Group.
Flexport gains $65m for global expansion
The San Francisco-based freight forwarder, which has now raised a total of $94 million to fund global expansion, said it is constructing a new operating system for global trade that will unite the world in a seamless web of commerce.
WTO cuts 2016 global trade forecast
Citing the ongoing economic slowdown in China and waning U.S. imports, the World Trade Organization on Tuesday slashed its 2016 global trade forecast to 1.7 percent from a previous projection of 2.7 percent growth this year.
Port of Boston sets box volume record in August
For the port’s 2016 fiscal year, the Paul W. Conley Container Terminal handled 247,329 TEUs, a 12 percent increase from the 2015 fiscal year.
CBP rolls out ‘Aqualane’ to more U.S. ports
A new component of the Customs-Trade Partnership Against Terrorism gives eligible ocean carriers the ability to start unloading without having to wait for U.S. Customs officers to clear the vessel.
Executive Moves: FedEx and Jacksonville Port Authority
FedEx shuffles senior executives, while the Jacksonville Port Authority appoints new board officers.
DHL Global Forwarding to offer emergency air cargo services
The third-party logistics and freight forwarding arm of the Deutsche Post DHL Group launched SameDay Speedline, a global expedited airfreight service for urgent delivery of spare parts, critical medical supplies, or newly launched products.
AAR President: Re-regulation of STB rate review process ‘misguided’
Association of American Railroads President and CEO Edward R. Hamberger said a report released by the Surface Transportation Board shows that changes to the existing regulatory structure would not benefit the larger transportation system.
Watco taps Herzog for PTC implementation
Under the strategic partnership, Herzog Technologies will provide short-line railroad operator Watco Cos. with positive train control program management and back-office hosting services, according to a spokesperson for Watco.
DHL expands European parcel network to Hungary, Slovenia
Through a partnership with the Slovenian Pošta Slovenije and the Hungarian Magyar Posta, DHL Parcel Europe will provide shorter transit times for cross-border e-commerce services to both countries, the company said in a statement.