Congestion in northern Europe, particularly near Antwerp, has been plaguing shippers for nearly a year, with no solutions offered up by carriers or port authorities, according to a recent report from The Loadstar.
CBP reveals new dates for ACE post-release rollout
U.S. Customs and Border Protection on Thursday released its newest schedule for delivering the remaining post-release capabilities in its new umbrella information technology system, the Automated Commercial Environment.
IAG Cargo reports strong Q2 revenue growth
The airfreight carrier saw revenues increase 7.6 percent year-over-year to 260 million euros (U.S. $304 million) in the second quarter of 2016, with Europe, India and Asia showing the strongest growth.
Executive Moves: Kansas City Southern, Delta Cargo and V.Group
Kansas City Southern names VP of sales and marketing for the energy and short line relations business unit, and VP of intermodal relations, while Delta Airlines appoints vice president of Delta Cargo and V.Group names CEO and chief commercial officer.
Cargo theft declines across U.S., Canada in Q2 2017
A total of $17.2 million in cargo was reported stolen from the United States and Canada during the second quarter of 2017, down from $31.5 million for last year’s second quarter, according to supply chain security firm CargoNet.
European Commission forces Belgium, France to abolish tax exemptions for ports
The European Union’s competition watchdog said Belgium and France have until the end of 2017 to take the necessary steps to remove the tax exemption.
WTO amends Trade Policy Reviews, members call for multilateral trade protection
The World Trade Organization has, for the first time, amended the Trade Policy Review Mechanism while also calling for a joint “safeguarding of WTO-based multilateral trading system.”
UPS increases Q2 income, revenues amid e-commerce boom
The Atlanta-based parcel giant recorded a net income of $1.38 billion on revenues of $15.75 billion for the quarter, as its U.S. Domestic Segment thrived from growing demand for e-commerce deliveries.
Panama Canal to close east lane of Miraflores Locks for 10 days
The east lane of the Panama Canal’s Miraflores Locks will be closed from 10:00 p.m. on Monday, July 31 until 11:59 p.m. on Thursday, Aug. 10, according to a statement from the Panama Canal Authority (ACP).
Old Dominion posts strong Q2 earnings growth
The Thomasville, N.C.-based less-than-truckload carrier reported a net income of $98.4 million for the second quarter of 2017, a 20.9 percent increase from the same three-month period a year ago.