The Building and Renewing Infrastructure for Development and Growth in Employment (BRIDGE) Act is sponsored by U.S. Sens. Roy Blunt, R-Mo., and Mark Warner, D-Va.
Bulk broker tech startup lands $2.5m in seed funding
London-based Shipamax, a participant in the logistics technology accelerator Dynamo’s initial program last year, is aiming to digitize dry bulk broker processes.
Senate fails to authorize FMC supply chain portal
The Senate Commerce Committee cited “labor-related concerns” with the Federal Maritime Commission’s pilot supply chain information portal project, but said supply chain innovation teams will continue work this summer, focusing primarily on U.S. exports.
World Trade Bridge at Laredo closed
U.S. Customs and Border Protection has temporarily closed border-crossing operations at the World Trade Bridge at Laredo, Texas, due to severe flooding and power outages from a severe storm that struck the area Sunday.
JD.com has sights set on drones
The online retailer will build a drone logistics network in China and a research and development campus in partnership with the Xi’an National Civil Aerospace Industrial Base, where unmanned aircraft systems will be developed, tested and manufactured.
NWSA box volume growth continues in April
The Northwest Seaport Alliance saw container volumes rise 0.5 percent year-over-year in April 2017 and 7.6 percent through the first four months of the year, according to recent data from the ports.
Yang Ming to purchase slots on China-Southeast Asia service
Taiwan-based ocean carrier Yang Ming will begin purchasing slots on COSCO Shipping’s PA1 service between China, Singapore and Malaysia starting June 6.
Cathay Pacific cuts 600 jobs, restructures cargo division management
The Hong Kong-based airline is eliminating senior, middle management and non-managerial roles at its head office in an effort to cuts costs, the company said in a statement.
DOT makes senior staff appointments
The U.S. Department of Transportation has filled its senior management team with a recent round of appointments.
FMC reviews 4 OTI license applications
The U.S. Federal Maritime Commission has received four ocean transportation intermediary license applications and changes for review.