The retail logistics specialist signed a lease for bigger facility near the Port of Savannah, according to a statement from the company.
Drewry: Contract container rates continue to plummet in early 2016
Rampant overcapacity and the resulting price war between carriers in the container shipping market has caused substantial further reductions in contract rates for exporters and importers buying under contract.
UPS: Online, mobile shopping trends continue to accelerate
Retailers have to adapt to new consumer shopping habits and expectations in which smartphones are playing an integral role in purchasing decisions, according to a survey of online shopping trends conducted by Comscore for UPS.
AAR: North American freight volumes decline sharply to start June
The beginning of the month brought little relief to freight railroads as business in many commodity lines continued to fall in the United States, Canada and Mexico.
DOL: Trucker fired for refusing to violate federal safety regulations
The U.S. Department of Labor’s Occupational Safety and Health Administration ordered NFI Interactive Logistics to reinstate the driver and pay $276,870 in damages for violating the anti-retaliation provisions of the Surface Transportation Assistance Act.
U.S. pork, beef exports sink in April, while lamb exports skyrocket
However, U.S. pork exports in April saw year-over-year growth in the China/Hong Kong market, while beef increased to Mexico and other Western Hemisphere markets, U.S. Meat Export Federation President and CEO Philip Seng said.
First neopanamax ever transits newly expanded Panama Canal
The MN Baroque, a neopanamax dry bulk carrier contracted by the Panama Canal Authority, transited the new Agua Clara locks yesterday as part of a testing and training program in advance of the canal’s June 26 inauguration.
Seago, Arkas to commence Black Sea Service
Ocean carrier Maersk Line’s subsidiary Seago Line will provide three vessels, while Arkas Line will deploy one vessel on the weekly loop, which is scheduled to commence next month.
FMCSA to require commercial truck passengers to wear seat belts
Whereas in the past when seat belts were only required for truck drivers, now drivers and carriers will be held accountable for passengers using seat belts as well, according to a revision to the Federal Motor Carrier Safety Regulations.
CMA CGM acquires NOL shares from Singapore’s Temasek
Singapore-owned investment firm Temasek, along with its affiliates, tendered their shares of Neptune Orient Lines (NOL), boosting CMA CGM’s stake in NOL to 78.07 percent.