However, Hanjin’s creditors plan to decide whether to put the liner carrier under receivership by Tuesday, Yonhap news agency reported.
USDA forecasts $133b in ag exports for FY 2017
The U.S. Department of Agriculture said the nation’s agricultural trade surplus is also expected to increase to $19.5 billion for fiscal year 2017, up 40 percent from $13.9 billion for fiscal year 2016.
FDA launches new import website
The Food and Drug Administration has remodeled its website that deals with the importation of regulated goods.
Crane Worldwide opens new facility at Heathrow
The Houston, Texas-based third-party logistics provider moved into a new 34,000-square-foot warehouse and office complex adjacent to the London Heathrow Airport in an effort to enhance its UK market presence.
Former DAMCO exec to head new SaaS division at SEKO
SEKO Logistics named Michael Christensen president of SaaS and CPO of International Supply Chain Solutions to lead a new business unit focusing on the third-party logistics provider’s service-as-a-software technology solutions.
FWI: Cargo theft remains prominent issue in Brazil amid economic crisis
Reported cargo thefts in the state of Rio de Janeiro for the second quarter surged 34 percent year-over-year to 2,151 reported incidents as the nation’s economy continues to shed jobs.
Matson orders two new conro ships
The Honolulu-based shipping company agreed to pay $511 million for both of the Kanaloa Class vessels from General Dynamics NASSCO.
Tech upgrades help fleets improve gas mileage 3%, study says
Fleets that purchased optional systems and aerodynamic features for new trucks are averaging more than 7.5 miles per gallon, according to the North American Council for Freight Efficiency.
CSX to increase capacity, train speed in Indiana
The Jacksonville, Fla.-based Class I railway will place more, longer trains, as well as run them faster, on its tracks between Seymour and Butlerville, Ind., the company said in a statement.
FedEx taps Atlas for peak season airfreight services
Under a new five-year agreement, Atlas Air Worldwide Holdings will provide FedEx Express with five 747-400 freighter aircraft during peak flying season, which generally takes place in December but can occur earlier in the year.