The U.S. Justice Department said Jacintoport International and Seaboard Marine Ltd. have agreed to pay $1.075 million to settle a lawsuit alleging that the companies violated the False Claims Act.
WCMTOA postpones chassis fee
The West Coast Marine Terminal Operators Agreement postponed the implementation date of the $5 chassis fee imposed by container terminals at the ports of Los Angeles and Long Beach from Aug. 1. to Sept. 1.
TOTE establishes joint venture with INTERSHIP
TOTE Maritime Puerto Rico formed a partnership with INTERSHIP to establish a terminal operating company called Puerto Rico Terminals, which will combine $38 million worth of existing assets at the Puerto Nuevo terminals near San Juan.
Afghanistan accedes to WTO
The landlocked nation has become the 164th member to accede to the World Trade Organization.
Executive Moves: England Logistics and Tatham Macinnes
England Logistics names business development manager for new Atlanta office, while maritime solicitor Tatham Macinnes adds partner.
Libyan stowaway caught at Port of Baltimore
Crisis in Syria, Libya and elsewhere have generated massive flows of migrants, increasing the risk of stowaways on cargo vessels, a port official said.
Brazil allows U.S. beef shipments for first time in 13 years
The U.S. Department of Agriculture has reached an agreement with Brazil’s Ministry of Agriculture, Livestock and Food Supply to allow access for U.S. beef and beef products to the Brazilian market.
IAG Cargo revenues drop 12% in Q2 2016
The airfreight carrier reported commercial revenues of 241 million euros for the quarter, a 12 percent decrease from second quarter 2015, according to the company’s most recent financial statements.
International Shipholding pursues bankruptcy protection
The U.S.-based marine transportation company, which has offices in Mobile, New York, Tampa and Shanghai, and its subsidiaries, have filed for Chapter 11 relief in the United States Bankruptcy Court for the Southern District of New York.
STB withdraws freight rail preference proposal
The Surface Transportation Board last week issued two decisions in passenger rail proceedings, one of which included the withdrawal of a previous proposal that would have allowed railroads to prioritize cargo operations over Amtrak passenger trains.