Several trade associations, led by Cargo Network Services, will host an air cargo regulatory conference in the Washington, D.C. area in October.
U.S., Mexican customs brokers sign partnership agreement
The NCBFAA and CAAAREM will work together on government advocacy, continuing education, marketing and sharing industry best practices.
New York cargo assessment reduced
The New York Shipping Association’s reduced assessment will apply to about 60 percent of import containers that move to within 260 miles of the port.
J.B. Hunt sees Q1 earnings rise 9%
The intermodal and trucking provider posted net earnings of $100.1 million for the first quarter of 2016, along with earnings per share of $0.88 cents, which surpassed analyst projections of $0.85 per share.
NEWS FLASH: Container carriers unveil plans for new “OCEAN Alliance”
Ocean carriers CMA CGM, COSCO, Evergreen Line and OOCL revealed they will form a new alliance next April.
U.K. chemical industry faces Brexit threat to European exports
U.K. chemical companies’ 50 billion pounds in annual exports may be threatened if Britain votes to leave the European Union as trade agreements will have to be redrawn.
Trade in post-U.S. embargoed Cuba to be modest
A federal factfinding agency’s report said while lifting U.S. trade and travel restrictions to Cuba will inevitably expand exports to the Caribbean country, those opportunities in the medium term may be modest at best.
Kuehne + Nagel’s profits grow in Q1 2016
The Swiss-based third-party logistics provider increased net profits 10.5 percent year-over-year to 169 million Swiss francs for the first quarter of 2016.
Droids not drones are the future of e-commerce deliveries
Delivery robots designed by Starship and a startup called Dispatch will begin transporting goods from local businesses directly to customers later this year.
ZIM to offer new string between Asia and U.S. East Coast
ZIM Pacific Atlantic Service (ZPA) will start in early May and offer connections from the U.S. East Coast to South Korea and China.