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TNT expands coverage in Nordic countries

The express delivery company improved air connections to Sweden and Finland and added additional last-mile delivery capacity in large business centers.

Shipping NewsPosted on: September 15, 2015

Freightos secures new funding, provides rate marketplace

Freight rate software provider Freightos, which is beta testing a public rate marketplace for shipments from China to U.S., is part of a growing group of startups aiming to invigorate the forwarding industry through modern IT.

Shipping NewsPosted on: September 15, 2015

Navy League opposes Jones Act Exemption for Puerto Rico

A report from the Working Group for the Fiscal and Economic Recovery of Puerto Rico, established by Governor Alejandro García Padilla, said a Jones Act exemption would “reduce transportation costs and increase competitiveness.”

Shipping NewsPosted on: September 15, 2015

MainOcean acquires Conquer Logistics, Retail Packers

The port solutions provider and dry warehousing company announced it acquired Conquer Logistics and its sister company Retail Packers, in addition to securing a long-term lease for a 100,000-square foot warehouse and yard in Charleston, S.C.

Shipping NewsPosted on: September 15, 2015

Truckload rates up for sixth straight month

Truckload pricing increased 3.7 percent year-over-year in August after similar increases in June and July, according the latest Cass Truckload Linehaul Index.

Shipping NewsPosted on: September 15, 2015

Intermodal rates continue steady decline in August

Year-over-year rates have fallen for the eight consecutive months in response to increased demand in the truckload sector, according to the latest Cass Intermodal Price Index.

Shipping NewsPosted on: September 15, 2015

CN opens C$850m public debt offering

Canadian National Railway expects to use the proceeds from the stock sale for “general corporate purposes,” which include paying off and restructuring current debt as well as share buybacks.

Shipping NewsPosted on: September 15, 2015

Commerce supports 5 associations’ export programs

The five Market Development Cooperator Program-backed projects are expected to generate more than $653 million in U.S. exports over the next three years in return for the one-time $1.4 million federal investment.

Shipping NewsPosted on: September 15, 2015

Yang Ming to charter five 14,000 TEU ships

The new containerships will be built by Japan’s Imbari and are scheduled for delivery in 2018-2019.

Shipping NewsPosted on: September 15, 2015

Porsche North America moves to JAXPORT

The car company announced it will make the switch from the Port of Brunswick to the Port of Jacksonville as its new port of entry for the Southeastern United States effective October 2015.

Shipping NewsPosted on: September 15, 2015

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Gemini Shippers Association

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Fashion Accessories Shippers Association

www.fasa.nyc

137 West 25th Street, 3rd Floor
New York, NY 10001
info@fasa.nyc
212-947-3424