The voyage data recorder from the El Faro, the cargo ship that sank during Hurricane Joaquin on Oct. 1, 2015, has officially been retrieved.
Commerce sets duties for hot-rolled steel imports
The U.S. Commerce Department has made its final determination for antidumping duties on hot-rolled steel products from Australia, Brazil, Japan, South Korea, the Netherlands, Turkey and the United Kingdom.
FedEx breaks ground on Lehigh Valley megahub
The 800,000-square-foot FedEx Ground distribution center in Allen Township, Pa. is expected to create 680 new full- and part-time jobs when it opens in late 2018, according to a statement from Pennsylvania Gov. Tom Wolf.
IANA: Intermodal growth streak snapped in Q2
Overall intermodal traffic in North America fell 6.1 percent in second quarter 2016, the first volume decline in 25 consecutive quarters, according to data from the Intermodal Association of North America.
Yilport to invest $750m in Ecuadorian port
Turkish port operator Yilport Holding secured a 50-year concession to develop Puerto Bolívar Port and committed to invest $750 million in the Ecuadorian port.
Dachser opens new warehouses in Europe
The third-party logistics provider is opening new facilities in Germany, Austria and France.
Amazon deal drags on Atlas Air Q2 earnings
The air cargo services provider reported a loss per diluted share of $0.26 in second quarter 2016 compared with a $1.13 per share gain in the same 2015 period due to unrealized gains related to vested warrants granted to e-commerce giant Amazon.com.
USDA expands trade activities in Myanmar
The U.S. Department of Agriculture’s Foreign Agricultural Service established a new Office of Agricultural Affairs at the U.S. embassy in Rangoon, Myanmar (Burma).
Lufthansa Cargo buys time:matters
The German cargo airline acquired same-day delivery company time:matters Group, which it had originally spun off as a subsidiary in 2002.
Ports of Auckland gears toward automation
In addition to launching a project to partially automate its container terminal, which will drastically increase the terminal’s handling capacity, the Ports of Auckland formed an alliance with Napier Port.