U.S. Customs and Border Protection said it has seen more importers and customs brokers filing import documents in its new computer system.
NEWS FLASH: Cargomatic CEO Kessler out
The ousting of the co-founder of high profile Southern California-based truckload capacity marketplace Cargomatic, often referred to as the “Uber of trucking,” follows drastic staff cuts in March.
Oil heads toward first weekly loss in over a month
Crude oil prices are are down about 4.6 percent this week as rising U.S. stockpiles and OPEC production have cushioned the impact of declines in North American output.
HNA Group mulls purchase of Singapore logistics firm
HNA Group Co., the acquisitive owner of China’s fourth-largest airline, has approached the biggest shareholder of CWT Ltd. to express interest in a possible bid for control of the third-party logistics provider.
U.S. trade deficit narrows as imports slump most in seven years
America’s trade deficit shrank 13.9 percent to $40.4 billion in March 2016, the smallest since February 2015, according to figures released by the Commerce Department Wednesday.
Report: COSCO Hope captain could face charges over Port Said fire
Authorities in Port Said, Egypt are considering the arrest of the captain of the 13,100-TEU containership that collided with a crane earlier this week while exiting the port terminal, causing a fire to break out, according to Splash 24/7.
UPS announces $0.78 dividend
The board of directors of United Parcel Service, Inc. declared a quarterly dividend payable June 1, 2016 to shareholders of Class A and Class B stock.
U.S. transportation employment ticks up in April
Transportation and logistics companies added 8,600 jobs for the month, following revised increases of 4,900 in March and 400 in February, according to recent preliminary data from the U.S. Department of Labor.
Bureau Veritas purchases casualty consultancy
The French classification society has acquired UK-based international consultancy TMC Marine, a provider of pre- and post-casualty services for the marine industry since 1979.
ISS: Greek port workers engage in another strike
The Seamen’s Union 48-hour strike is expected to affect cargo vessels calling at the ports of Piraeus, Aspropyrgos, Eleusis, Pachi and Megara, as well as all domestic and local ferry routes, according to Inchcape Shipping Services.