The nearly 800 workers of Air Express International (AEI), a U.S. subsidiary of DHL Global Forwarding and Deutche Post-DHL of Bonn, Germany, have overwhelmingly approved a new national contract.
Union leader questions CBP border investment strategy
Anthony Reardon, the head of the union representing U.S. Customs and Border Protection (CBP) port officers, is raising concerns about the agency’s and Congress’ dedication to hiring more officers to fill understaffed ports of entry.
DHL looks to seize on potential growth in U.S. e-commerce market
The parcel and express carrier has begun to expand its U.S. market presence by offering a new delivery program that caters to urban e-commerce retailers and shoppers.
Hutchison profits rise on increased container volumes in 2017
The port terminal operator subsidiary of conglomerate C.K. Hutchison Holdings Co. posted an annual container throughput of 84.7 million TEUs last year, 4 percent more than in 2016, and expects “modest growth in global trade in 2018.”
Executive Moves: UPS Korea, Amsterdam Airport Schiphol, National Retail Federation, and United Properties
UPS appoints managing director of UPS Korea, Amsterdam Airport Schiphol names cargo head, the National Retail Federation (NRF) appoints NRF Foundation president, and United Properties picks asset management vice president.
FMC reviews 22 OTI license applications
The U.S. Federal Maritime Commission has received 22 ocean transportation intermediary license applications and changes for review.
Another Maersk ship catches fire in cargo hold
The 5,616-TEU Maersk Kensington reported a fire Thursday in a cargo hold, but the cause of the fire is still unknown.
U.S. intensifies Russian sanctions
The U.S. Treasury Department sanctioned five Russian entities and 19 people in an effort to punish those allegedly involved in interfering in recent U.S. elections or causing cyber attacks that targeted financial and infrastructure systems.
CMA CGM thrives in 2017 on the back of APL acquisition
The French ocean carrier turned a profit in 2017, partly due to its acquisition of APL in mid-2016, and expects volumes to continue to hold strong this year.
Clarksons sees earnings, revenues rise in 2017
The global ship broking and research consultancy reported an underlying pre-tax profit of 50.2 million euros (U.S. $61.6 million) last year on 324 million euros in revenues, increases of 12 percent and 5.8 percent, respectively, from 2016.