William E. (Bill) Woodhour became president of Maersk Line, Ltd. (MLL) July 1 and will eventually become chief executive officer of the company, taking over from Russ Bruner, who has been president and CEO of MLL since 2014.
Trump trumpets populist trade message in acceptance speech
Republican nominee Donald Trump said one of his top priorities for improving the U.S. economy will be to make trade deals that better serve U.S. workers.
U.S. Customs seeks to clarify ISF filing responsibility
The proposed change would give NVOs and import buyers the ability to directly transmit the Importer Security Filing, which is expected to improve security and eliminate confusion over who should file.
Swift profits slip in Q2, first half 2016 on declining revenues
Trucking and intermodal carrier Swift Transportation reported net income of $42.9 million on revenues of $1.01 billion for the second quarter of 2016, year-over-year decreases of 15.9 percent and 4.5 percent, respectively.
Russian sentenced 10 years in jail for illegal exports
Alexander Fishenko, a dual citizen of the United States and Russia, was given a 10-year prison term and ordered to forfeit more than $500,000 in criminal proceeds following his guilty plea on Sept. 9, 2015 to a 19-count indictment.
Werner’s net income tumbles 43% in Q2
The transportation and logistics company’s net income for the second quarter of 2016 fell 43 percent year-over-year to $18.3 million, resulting from sluggish freight market conditions, the pay increase for drivers and independent contractors, and a soft u
TQL to open first Utah office in Salt Lake City
Cincinnati, Ohio-based third-party provider Total Quality Logistics will open its newest sales office in Salt Lake City, Utah on Aug. 8, the company said in a statement.
Air France-KLM open new JFK cargo facility
The airline said its new JFK airport facility is designed to handle an array of cargo, including pharmaceuticals and live animals, in addition to general freight.
Executive Moves: A.N. Deringer, A.R.C. Transit and Akin Gump
A.N. Deringer appoints national sales manager and A.R.C. Transit names chief marketing officer, while Akin Gump gains former Commerce Department textiles and apparel trade official.
Special Coverage: Schneider’s drive into the supply chain
Schneider has become more than just a long-haul trucker as shippers seek logistics services.