Price indexes for U.S. imports and exports dropped 0.3 percent and 0.4 percent month-over-month, respectively, according to the United States Department of Labor’s Bureau of Labor Statistics.
VersaCold to acquire refrigerated road transport company
Supply chain solutions company VersaCold Logistics Services entered into an agreement to acquire Coastal Pacific Xpress for an undisclosed sum.
BNSF aims to help shippers find shovel-ready industrial properties
The BNSF Site Certification program is designed to accelerate development of land along the railroad’s network and increase its customer base.
Helicopter crash leaves two dead in containership post-rescue effort
A Taiwan National Airborne Service Corps helicopter crashed after dropping members of the country’s Environmental Protection Agency on to the grounded TS Taipei to evaluate any potential environmental risks, according to local media reports.
PwC: Cargo carriers must disrupt themselves, or be disrupted
To defend against new strategies and niche value offerings, operators should leverage their specific expertise and develop flexible capabilities that address changing shipper needs, according to a new report from PricewaterhouseCoopers’s Strategy& team.
Troy Container Line launches new services
The non-vessel operating common carrier unveiled its new direct import service from London to New York, along with a new less-than-container-load export service to Russia that will be offered from all 21 U.S.-based container freight stations.
GRI Roundup: Maersk Line, MSC, CMA CGM, Hapag-Lloyd and OOCL
Ocean carriers Maersk Line, MSC, CMA CGM, Hapag-Lloyd and OOCL issued general rate increases.
Executive Moves: ILWU, Port of Seattle and Americold
The International Longshore and Warehouse Union picks leader for Local 13 in L.A./Long Beach, while the Port of Seattle names COO and Americold appoints senior VP for business development.
HKIA reports sharp drop in February cargo volumes
Hong Kong International Airport primarily attributed February’s 14.9 percent year-over-year decline in cargo volumes to the 23 percent year-over-year drop in exports.
AA Cargo expands temperature-controlled network
American Airlines Cargo expanded its San Juan cold-chain network last week with the opening of a new 600-square-foot space and will open a 4,000-square-foot drive-through perishable facility in the Dallas-Fort Worth area tomorrow.