The Greenwich, Conn.-based third-party logistics provider will focus on companies that will bolster its existing business lines, particularly in contract logistics, rather than adding new services, according to a Wall Street Journal report.
Report: COSCO diverts cargo from Port of L.A. to Long Beach
Chinese ocean carrier COSCO Shipping is choosing Long Beach over Los Angeles due to its “less stringent mitigation measures,” according to Port of Los Angeles Executive Director Gene Seroka.
De Blasio: NYC jobs plan to boost freight, logistics industries
The plan will provide 100,000 high-paying jobs across the city, with at least 20,000 going directly towards the industrial sector, according to New York City Mayor Bill de Blasio.
Seven dead after containership collides with U.S. Navy vessel off Japan
The ACX Crystal, a containership chartered by Japan’s NYK Line, collided with U.S. Navy destroyer USS Fitzgerald in the Philippine Sea early Saturday morning.
ICS calls on IMO to delay ballast water convention implementation
The International Chamber of Shipping is urging the United Nations’ International Maritime Organization to back a proposal that seeks to change the installation deadline for the Ballast Water Management Convention.
Trump’s changes to U.S.-Cuba relations roil industry
President Donald Trump’s announcement in Miami on Friday that he will roll back the Obama administration’s U.S.-Cuba trade policies has left many industry groups in a sour mood.
First Afghanistan-India air cargo service takes off
The flight from Afghanistan to India, which officials from both countries hope will be the first of many, departed Monday carrying approximately $5 million worth of goods, according to a report form Reuters news service.
Lineage seals first international acquisition
The California-based warehousing and logistics company will purchase Partner Logistics, based in the Netherlands, in a bid to expand its automated warehousing services into Europe.
Executive Moves: TOTE Services and the Port Authority of New York & New Jersey
TOTE Services hires vice president, marine operations, government & commercial; while the Port Authority of New York & New Jersey names new director of tunnels, bridges and terminals.
USDA names acting trade affairs undersecretary
The U.S. Department of Agriculture, as part of its recently announced reorganization, has appointed Jason Hafemeister to acting deputy undersecretary for trade and foreign agricultural affairs.