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Oracle acquires LogFire

LogFire’s cloud-based warehouse management software, which integrated as a partnership with Oracle last year, is intended to complement Oracle’s transportation management software.

Shipping NewsPosted on: September 7, 2016

U.S. exports reach $186.3b in July

The U.S. Commerce Department said the nation’s exports of goods and services increased from $182.9 billion in June to $186.3 billion in July, the largest monthly increase since the February-March 2014 period.

Shipping NewsPosted on: September 7, 2016

CSX projects weaker Q3 as domestic coal volumes decline

The Jacksonville, Fla.-based Class I railway said it expects third quarter earnings per share to decline slightly from last quarter due to high single-digit volume reductions from the same period a year ago.

Shipping NewsPosted on: September 7, 2016

Commerce initiates port community systems competition

The U.S. Commerce Department said it has launched a nationwide technology competition to help the country’s seaports and users to develop efficient port information-sharing technologies.

Shipping NewsPosted on: September 7, 2016

GE Transportation buys ShipXpress

Cloud-based supply chain solutions developer ShipXpress has been acquired by GE Transportation, resulting in 200 employees from ShipXpress becoming a part of GE Transportation.

Shipping NewsPosted on: September 7, 2016

ABF Logistics acquires asset-light TL broker

The third-party logistics subsidiary of ArcBestSM agreed to purchase Sparks, Nev.-based truckload capacity provider Logistics & Distribution Services for $25 million, according to a statement from the company.

Shipping NewsPosted on: September 7, 2016

Former UTi Worldwide CEO joins Amazon

Ed Feitzinger, the former chief executive officer of freight forwarder UTi Worldwide, which was acquired in October by DSV, is now vice president of global logistics at Amazon.

Shipping NewsPosted on: September 7, 2016

NEWS FLASH: U.S. bankruptcy court judge grants provisional relief to Hanjin

Judge John Sherwood of the U.S. Bankruptcy Court for the District of New Jersey moved to recognize receivership proceedings in South Korea for the now insolvent ocean carrier Hanjin Shipping.

Shipping NewsPosted on: September 6, 2016

Report: “K” Line the next liner takeover target?

Japanese container carrier Kawasaki Kisen Kaisha could be targeted by Singapore-based hedge fund Effissimo, the firm’s largest shareholder as of early August, according to recent media reports.

Shipping NewsPosted on: September 6, 2016

Several NVOs played chicken with Hanjin situation

Datamyne provided American Shipper with statistics illustrating how some non-vessel-operating common carriers pulled U.S. import volume from Hanjin ships prior to August, while others ramped up their use of the financially stricken carrier.

Shipping NewsPosted on: September 6, 2016

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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
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  • 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
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info@fasa.nyc
212-947-3424