The A.P. Moller-Maersk Group’s experience with Petya (or NotPetya) should be a wakeup call for the entire shipping and logistics industry; small shippers and forwarders can longer afford to think they are insulated from the effects of such an attack.
Port Freeport begins Parcel 14 Rail Development Project
The Texas Gulf port has tapped James Construction to build and develop the 250-acre multimodal industrial park, valued at $21 million, Port Freeport said in a statement.
U.S., Mexican Customs improve rail processing at Laredo
U.S. and Mexican Customs officials recently dedicated a new center at the Laredo, Texas, to allow both agencies to more efficiently work together to process freight trains crossing the border.
MIA cargo tonnage rises 5% in first half 2017
The Miami International Airport in South Florida saw an 8.3 percent increase in domestic freight and 3.7 percent growth in international cargo during the first six months of the year, according to recently released data.
Durst to lead CBP’s Baltimore field office
U.S. Customs and Border Protection has appointed Casey Durst to lead its Baltimore Field Office, where she will oversee a staff of 800 and agency field operations stretching from southern New Jersey to northern Virginia.
Suez Canal to slash transit rates for containerships
Transit rates for container vessels in the northern and southern Suez ports will be reduced effective Oct. 1, with vessels carrying more containers receiving larger reductions.
North American freight market shows signs of a strengthening economy
All transportation sectors have shown volume increases in July 2017, with the exception of rail, which seems to have succumbed to the strength of the U.S. dollar, according to the latest Cass Freight Index Report.
2M Alliance loop drops Miami, adds Port Everglades
The alliance’s transatlantic TA1/NEUATL1 service is operated with five U.S.-flagged Maersk vessels with an average capacity of 4,611 TEUs, according to ocean carrier schedule database BlueWater Reporting.
Report: UP to cut 750 jobs by mid-Septermber
The Omaha-based Class I railroad is eliminating 500 manager jobs and 250 railroad workers in a greater attempt to save up to $400 million a year in costs, according to multiple media sources.