Dubbed “National Returns Day,” Jan. 6 marks the date that American consumers are expected to make the most returned product shipments after the holiday season.
Global air cargo volumes suffer in November
Worldwide airfreight volumes dropped 0.9 percent year-over-year in November, according to the latest figures from industry analyst World ACD.
Argentina streamlines import process
Argentina’s government will now issue automatic licenses for imports for domestic consumption of products under virtually all tariff lines, according to Miami-based law firm Sandler, Travis & Rosenberg.
CMA CGM, subsidiaries replace vessels on Oceania loops
The dedicated Asia-Oceania AAX service and the NEMO loop between Europe, Africa, Oceania, Asia and the Indian Subcontinent will change one vessel each, increasing their average vessel capacity by 2.5 percent and 2.7 percent, respectively.
Abu Dhabi Ports signs contract with Gulf Marine Services
The port operator signed a contract with Gulf Marine Services, which will move its construction and maintenance yard in Mussafah, Abu Dhabi to a larger site closer to the channel at Zayed Port in Abu Dhabi City.
BIFA: U.K. forwarders to face ‘big challenges’ in 2016
Changes resulting from the implementation of the Union Customs Code and SOLAS container weight regulations will be just as important as economic issues in the coming year, according to the British International Freight Association.
Emirates SkyCargo transports equipment for new bridge in Uganda
The freight division of Emirates secured a charter from a Japanese construction company to transport equipment from Tokyo’s Narita Airport to Entebbe, Uganda via its cargo hub in Dubai for a new bridge being constructed in Jinja, Uganda.
Continued Mississippi River flooding restricts barge traffic
Many agricultural shippers are storing grain or using rail to get commodities to export markets as a result of the continued closure of an entire section of the important freight corridor.
USCG closes portion of Mississippi River due to flooding
The U.S. Coast Guard closed a five-mile stretch of the Mississippi River near St. Louis due to high water levels and fast currents caused by the winter storm Goliath.
South Korea to create $1.2b shipping investment fund
The government of South Korea also plans to require downsizing and restructuring of its shipyard industry, according to multiple media reports.