The Tokyo-based third-party logistics provider broke ground on a new logistics center in Mexico’s Bajio region, which has become a hub for the automotive industry.
NileDutch acquires Safmarine MPV
The Rotterdam-based ocean carrier doubled down on its West Africa operations by acquiring the multi-purpose division of Maersk Line subsidiary Safmarine.
Port of Vancouver, Wash. reports record revenues, tonnage in 2015
The Pacific Northwest port posted increases in volumes of steel, project cargo, grain and automobiles in 2015.
IUMI warns shipowners about damage caused by fuel impurities
International Union of Marine Insurers says there has been an increase in damage to engines from “cat fines,” with incidents costing anywhere from $300,000 to $1 million, adding that “the trend has now turned encouragingly downward.”
PortMiami box volumes jump 20% in January
Fiscal year-to-date, container volumes have grown 8 percent at PortMiami, driven in part by an increase in medical instruments and devices imported from Costa Rica.
Transportation industry leaders vow to fight wildlife trafficking
Leaders of the global transportation industry signed a declaration yesterday at the Buckingham Palace to fight criminal wildlife trafficking.
UPS ups CEO compensation again in 2015
UPS Inc. Chief Executive Officer David Abney’s salary grew another 35 percent for the year after a nearly 105 percent increase in 2014, according to a report from the Wall Street Journal.
Freight railroads challenge proposed two-person crew rule
The Federal Railroad Administration’s proposed regulations would require two engineers on all trains except for “operations that FRA believes do not pose significant safety risks to railroad employees, the general public, and the environment.”
Ethiopian Airlines Cargo returns to Brussels Airport
Ethiopian Airlines Cargo is scheduled to resume operations at Brussels Airport March 26, offering direct flights to Dubai, Shanghai, Hong Kong and Guangzhou.
U.S. steel exports see mixed results in January
The United States exported 782,172 net tons of steel in January, a 7.8 percent increase from December, but a 15.5 percent decline year-over-year.