Dmitriy V. Melnik, owner and operator of Las Vegas-based Candy Color Lenses, pleaded guilty to running an international operation involving imports of counterfeit and misbranded contact lenses, which mostly came from China and South Korea.
Longtime Swift Transportation chief to retire
Jerry Moyes, founder and chief executive officer of Swift Transportation Co., said he will retire from the 50-year-old nationwide trucking firm at the end of the year.
Georgia Ports Authority appoints new chief operating officer
Ed McCarthy, formerly the chief operating officer for CMA CGM America, has been appointed to serve as the chief operating officer for the Georgia Ports Authority.
Peel Logistics to merge with fellow UK logistics real estate developer
The United Kingdom logistics and industrial property specialist will see Evander Properties directors Jeremy Greenland and Neil Dickinson become shareholders and take on senior leadership positions in the company, Peel Logistics said in a statement.
AAR: U.S. rail traffic continues to decline despite grain gains
Combined United States carload and intermodal cargo volumes fell 5.7 percent in August despite a 24.7 percent increase in grain carloads compared with the same 2015 period, according to data from the Association of American Railroads.
Hanjin posts fleet status update
The now insolvent South Korean ocean carrier released a status update Monday on the 97 vessels it operates, which illustrated that 59 of these vessels are still waiting in open sea.
project44 secures $10.5m in funding
The Chicago-based technology company, which builds application programming interfaces for the logistics and transportation industry, will use the funding to fuel sales and product development.
Hanjin vessel begins discharging cargo
The South Korean ocean carrier has started discharging cargo in Long Beach following a court order from a U.S. bankruptcy court on Friday to protect the carrier.
Innovative ‘Freight Shuttle System’ unveiled in Texas
The so-called “Freight Shuttle System” was conceived to resolve one of freight transportation’s most pressing needs, moving goods 500 miles or less.
AIIS: U.S. steel exports remain sluggish in July
The U.S. steel export trade remained week in July since the majority of steel the nation exports is destined for Canada and Mexico, which have both been dealing with economic challenges.