The grant, awarded under FEMA’s Port Security Grant Program, requires not only that the Port of Oakland pay 25 percent of the cost, but that the project be completed within three years.
Ferreira succeeds Motsick as CEO of Catapult
Former INTTRA and BCG xChange executive Virgil Ferreira has been named the new chief executive officer of freight rate management software provider Catapult International as part of a planned succession.
Report: E-commerce causing airport infrastructure headaches
Panelists at the Airforwarders Association meeting at the Seattle-Tacoma International Airport this week addressed the question of how to handle too much air cargo in a limited amount of space, according to a report from Air Cargo World.
CWT Commodities U.S. office joins T. Parker Host, becomes Host Logistics
Newly launched Host Logistics will provide full supply chain management services, including cargo movement, stevedore/terminal contracting, warehousing and supervision, according to parent company T. Parker Host.
Additional firms sanctioned for ties to Iran
The U.S. Office of Foreign Assets Control on Thursday designated 11 more entities and individuals for engaging in support of missile technology programs and clandestine activities, such as cyber-attacks, of the Iranian government.
Port of Grangemouth pushes forward with expansion
A 1 million British pound (U.S. $1.34 million) resurfacing project is currently underway at Scotland’s largest container port and is scheduled to be completed next month.
Rep. Smith reintroduces Freight Infrastructure Reinvestment Act
The legislation calls for the establishment of a National Freight Mobility Infrastructure Fund, which would be supported through a 1 percent fee on the shipment of freight cargo, to administer grants for infrastructure projects.
New Jersey firm fined $400,000 for export violation
The U.S. State Department has imposed a $400,000 civil penalty against Bright Lights USA of New Jersey for exports of unauthorized defense components and technical data in violation of the International Traffic in Arms Regulations.
SCFI flat since last week
Spot container rates from Shanghai to Europe and the Mediterranean declined since last Friday, while rates increased from Shanghai to the United States.