MOL announces management promotions, while Cargomatic names two VPs and Norfolk Southern appoints HR VP and board audit committee chair.
GRI Roundup: CMA CGM and Hapag-Lloyd
Ocean carriers CMA CGM of France and Hapag-Lloyd of Germany issued general rate increases.
States to use drones for monitoring highway systems
Automated aerial vehicles offer a faster, cheaper, and safer way to carry out bridge inspections, monitor traffic and conduct aerial surveys, according to the American Association of State Highway and Transportation Officials.
Port of Boston authorized to begin harbor dredging
The Massachusetts Port Authority on Thursday authorized staff to execute a Project Partnership Agreement with the U.S. Army Corps of Engineers and the Massachusetts Department of Transportation to start deepening Boston harbor.
Cargolux net profits surge in 2015
The cargo-dedicated airline saw net profits after tax increase to $49 million for the full year in 2015, compared with $3 million in 2014.
Nigerian Ex-Im, shipper group plan regional line
The Nigerian Export-Import Bank and Nigerian Shippers Council are collaborating to establish a regional shipping line, according to a report from the Lagos-based Vanguard newspaper.
Seaspan takes delivery of 10,000-TEU containership
The independent containership owner and manager took delivery of the MOL Benefactor, which will operate between Asia and the Middle East.
Trade coalition looks to capitalize on U.S. export control reform momentum
A group of some of the largest international trade associations has asked the Obama administration to press forward with key aspects of the Export Control Reform (ECR) Initiative.
FMC reviews 17 OTI license applications
The U.S. Federal Maritime Commission has received 17 ocean transportation intermediary license applications and changes for review.
Commerce revises U.S. Q4 GDP estimate upward
The United States economy grew 1.4 percent in the fourth quarter of 2015, double the government’s original estimate, while durable goods orders continued to slow, according to figures from the U.S. Department of Commerce.