Lamar University in Beaumont, Texas is offering a new master’s program in port management, and recently named veteran port administrator Erik Stromberg to lead its new Center for Advances in Port Management.
Beira Port prepares for higher corn volumes amid drought
Ports throughout southern Africa are preparing for record imports of corn, used to make a staple food, after an El Nino weather pattern caused widespread drought, obliterating crops in the region.
FedEx accused of using corporate identity to hide drug trafficking
Parcel carrier FedEx Corp. not only knew it was transporting illegal drugs, but deliberately evaded the U.S. Drug Enforcement Administration, Assistant U.S. Attorney John H. Hemann said Monday in his opening statement.
Hanjin, HMM stock ticks up on merger speculation
Shares of struggling South Korean container carrier Hanjin Shipping increased the most in a week following statements from a government official that indicated a merger with fellow state-run line Hyundai Merchant Marine could be on the table after all.
Manitoulin Global acquires temperature-controlled logistics specialist
Third-party logistics provider Manitoulin Global Forwarding’s purchase of Vaughan, Ontario-based M.A.P. International Freight will enable the company to offer a full suite of international freight forwarding services.
Mainfreight expands U.S. footprint
As part of its ongoing expansion in North America, Mainfreight has recently added to new warehouses at Newark, N.J. and Dallas.
Drewry: More container mergers may be in the cards
Due to the deterioration of container freight rates and the subsequent drop in carrier financial results, analysts with Drewry Maritime Equity Research foresee a possible combination of Korean and Japanese carriers.
FAA hits Amazon with $350,000 hazmat penalty
The Federal Aviation Administration has proposed a $350,000 civil penalty against Seattle-based e-commerce giant Amazon.com for allegedly violating federal hazardous materials transport regulations.
Executive Moves: NOL, IAG Global, Unishippers and Kalmar
NOL board picks CEO and CFO and IAG Global names Asia-Pacific/India commercial manager, while Unishippers appoints new CFO and Kalmar selects senior VP for automation.
Special Coverage: Easing of sanctions opens opportunities in Iran, but risks remain
Despite the European Union and United States agreeing to ease economic sanctions placed on Iran in 2009, multinational companies must still ensure rigorous compliance with “secondary” U.S.-Iranian sanctions.