The World Trade Organization on Wednesday sided with a U.S. challenge to India’s so-called “localization” rules that the United States says discriminate against solar cell imports.
Struggle over control of Evergreen Group intensifies
Disagreements have erupted between the children of Y.F. Chang, the deceased founder and chairman of the Evergreen Group, which owns ocean carrier Evergreen Line and EVA Air among others.
LLamasoft: Supply chains focused too much on internal issues
A new poll from the supply chain design software developer found that companies are inhibited by lack of collaboration with external partners as well as a lack of end-to-end understanding of supply chains.
Yusen launches service from Semarang, Indonesia airport
The new service from Semarang Airport will be faster and more reliable than trucking cargo 310 miles to the Jakarta airport, according to PT. Yusen Logistics.
XPO posts 33% gain in Q4 organic net income as it digests acquisitions
The roll-up third-party logistics provider posted a loss for 2015 due to many acquisition-related costs, but operating performance improved with the help of new logistics contracts, according to CEO Brad Jacobs.
Expeditors International Q4 profits jump 15.2%
The global logistics and freight forwarding company reported net earnings attributable to common stockholders of $114.45 million in the fourth quarter, up from $99.38 million during the same 2014 period.
Round 8 of TIGER grant program begins
The U.S. Transportation Department said $500 million will be made available for transportation projects as part of round eight of the administration’s Transportation Investment Generating Economic Recovery competitive grant program.
Drewry: Container terminals facing slower growth, higher costs
The ever-increasing size of containerships and large scale vessel sharing alliances are causing more volatility in the industry, according to a report in the latest edition of Drewry’s Container Insight Weekly.
CarrierDirect: IT separating freight haves from havenots
A new white paper from transportation and logistics consultant CarrierDirect calls investment in information technology and creativity a key differentiator in a fragmented market.
FAA proposes fine against Atlas for improper 747 repair
The Federal Aviation Administration has proposed a $275,000 civil penalty against Atlas Airlines for allegedly operating an improperly repaired Boeing 747 cargo plane.