The Greenwich, Conn.-based transportation and logistics solutions provider completed the project without any disruption to service or customers, Tony Brooks, president of the LTL business for XPO Logistics told American Shipper.
Will South Carolina Gov. McMaster’s veto stop bill to raise state gas tax?
S.C. Governor Henry McMaster vetoed a bill strongly supported by both side of the state legislature to increase the state’s current 16.75-cent gas tax by 12 cents over the next six years.
ICTSI earnings rise 23% in Q1
The global terminal operator posted net earnings of $42.2 million for the first quarter of 2017 as revenues from port operations jumped 12 percent to $297.2 million compared with the same 2016 period.
Trump signs H.R. 244 into law
The U.S. House of Representatives approved the $1.1 trillion bipartisan 2017 spending bill Wednesday by a 309-118 vote, and the U.S. Senate approved the bill Thursday by a 79-18 vote.
NRF: Major U.S. retail container ports can expect imports to rise
The Global Port Tracker, which is produced by Hackett Associates for the National Retail Federation, is projecting year-over-year volumes increases at the nation’s major retail container ports in the coming months.
Puerto Rico trade outlook uncertain following debt restructuring
Ocean carriers Crowley Maritime and TOTE Maritime Puerto Rico have both invested heavily in services to the financially troubled commonweath and will be watching closely as it endeavors to restructure $123 billion in public debt and pension obligations.
New kid shakes up Tehran’s courier market
Ali Maserrat, founder of an Uber-style courier called Peykyab, is disrupting the traditional parcel carrier model in Iran’s capital city of Tehran, and is now looking to spread his operation throughout the country.
Port of Long Beach volumes jump 16.5% in April
The Southern California port handled 558,014 TEUs for the month, benefitting from the return of a Hyundai Merchant Marine service and the launch of new South Korean container carrier SM Lines’ transpacific offering.
St. George Logistics acquires Dicom’s Extra Express division
North America’s largest provider of outsourced container freight station services has acquired Dicom Transportation Group’s Extra Express division for an undisclosed amount, according to a statement from majority owner Wind Point Partners.
EC adopts measures within EU Single Market plan
Three measures were adopted last week by the European Commission to ensure European Union regulations are both respected and economically prosperous for member nations, the commission said in a statement.