A federal grand jury in Charleston, S.C. indicted Aegean Shipping Management S.A. and Aegeansun Gamma Inc. for conspiracy to hide illicit ship pollution.
U.S. economy picks up steam
The U.S. Federal Reserve revealed that retail sales and factory output picked up in June, illustrating how the U.S. economy is bouncing back from a slow first quarter.
Port of Oakland’s box volumes slip in June
The Northern California port’s container volumes were hindered by a slowdown in empty containers moving through the port.
Senate confirms Darling as FMCSA administrator
The Senate on Friday confirmed Scott Darling to be the next administrator of the U.S. Transportation Department’s Federal Motor Carrier Safety Administration.
UPS Worldwide Express adds more countries to network
The Atlanta, Ga.-based global courier’s express package service, which added three countries to its scope, is now available in 117 countries and territories across the globe.
FMC reviews 12 OTI license applications
The U.S. Federal Maritime Commission has received 12 ocean transportation intermediary license applications and changes for review.
Air freight forwarder endorsements to get overhaul
Two trade associations – the International Air Transportation Association (IATA) and the International Federation of Freight Forwarders Association (FIATA) – will roll out the new IATA-FIATA Air Cargo Program in phases, beginning in early 2017.
NTSB: BNSF train ignored stop signal before collision
One of BNSF’s two trains involved in the June 28 collision in Panhandle, Texas, which left three dead and one injured, passed through a stop signal at about 65 mph prior to the collision, according to a preliminary report issued by the National Transportat
ICTSI Australia unit secures over $300m in funding for VICT
Victoria International Container Terminal has signed a syndicated loan facility worth $398 million Australian with seven financial institutions to support ongoing construction and development at Webb Dock East in the Port of Melbourne.
CargoLogicAir takes delivery of first Boeing 747-8
The new British cargo airline, which commenced operations from its headquarters at London Stansted Airport in February 2016, plans to expand its airfreight network into North and South America later this year.