The LTL, last-mile and third-party logistics provider’s performance was boosted by strong economic growth in the United States and Europe, booming e-commerce volumes and $2.8 billion in new business, CEO Brad Jacobs tells American Shipper.
NWSA approves Clean Truck Program despite trucker opposition
Independent drivers have argued that as non-employees who are required to pay for work-related expenses out of pocket, they cannot afford the new trucks or retrofitting required under the Clean Truck Program.
TITLE Act widely viewed as key element of fighting financial corruption
The True Incorporation Transparency for Law Enforcement (TITLE) Act would require disclosure of beneficial ownership during a company’s incorporation process in the United States.
GT Nexus, Integration Point could nudge trade compliance into the forefront
The two companies announced a joint network for managing international logistics, finance and trade compliance, highlighting the growing importance of strategic customs and duty automation.
U.S. trade deficit widens to 9-year high in 2017 despite Trump rhetoric
The U.S. goods and services deficit jumped 12.1 percent to $566 billion in 2017, its highest level since 2008, according to the most recent data from the Commerce Department’s Bureau of Economic Analysis (BEA).
IANA: Intermodal volumes grow 5.4% 2017
The annual growth in total North American intermodal shipments was helped by a strong fourth quarter in which volumes grew 5.8 percent year-over-year, according to recent statistics from the Intermodal Association of North America (IANA).
Sen. Flake removes hold on Doud nomination as USTR ag rep
The Arizona senator lifted his hold on President Donald Trump’s nomination of Gregg Doud as chief agricultural negotiator.
AAL, HMM launch Asia-Middle East multi-purpose service
The joint Far East – Middle East MPV Liner Service will operate on a bi-monthly rotation, connecting the Asian markets of China, Korea, Japan, Indonesia and Singapore with the Middle East via the Persian Gulf and Red Sea routes.
MOL, Total Marine Fuels ink charter contract for LNG bunker vessel
The vessel is scheduled for delviery in 2020 and will be the first ever capable of supplying large quantities of liquefied natural gas in one single bunkering operation.
Executive Moves: SEKO Logistics, Port Tampa Bay and Evans Distribution Systems
SEKO Logistics appoints vice president of global airfreight, Port Tampa Bay hires VP of finance, and Evans Distribution Systems name IT director.