The Seattle-based global logistics company posted net earnings of $120.6 million for the third quarter of 2017 amid higher revenues and volumes.
WTO forecasts ‘moderate’ trade growth at year’s end
While trade volumes are expected to continue increasing through the rest of the year, the World Trade Organization (WTO) forecasts that the pace of this growth will be slower than at the start of 2017.
CBP’s automated in-bond filings shift into gear
Many truckers remain unaware that U.S. Customs and Border Protection (CBP) will start requiring automated in-bond filings in late November.
EU approves ETS update that does not include shipping
The European Parliament and European Union member states agreed on a revision of the EU’s Emissions Trading System that, for the time being, excludes shipping.
Henningsen to build 5m-cubic-foot cold storage warehouse in Washington
Construction of the Grandview, Wash. temperature-controlled warehousing facility will begin shortly and is expected to be completed in the summer of 2018, Oregon-based public refrigerated warehousing firm Henningsen Cold Storage Co. said in a statement.
Damen Group acquires Daewoo Shipbuilding stake in DMHI
Daewoo Mangalia Heavy Industries (DMHI) was established in 1997 as a joint venture between Daewoo and 2 Mai Mangalia Shipyard, with Daewoo being the majority shareholder.
Virgin Atlantic Cargo launches daily Melbourne-Hong Kong service
The air cargo subsidiary of Virgin Group said the service is meant as a timely boost to meet growing demand for cargo capacity on the route, as volumes have been increasing steadily in both directions.
Executive Moves: ECU Worldwide and QTerminals
ECU Worldwide and QTerminals each name new chief executive officer.
Governmental Notices for November 4 through 10, 2017
The following governmental notices may be of interest to our members and the trade, including links to: APHIS’ Withdrawal of a Proposed Rule that would have revised the regulations regarding the Importation, Interstate Movement, and Environmental Release of Certain Genetically Engineered Organisms; CBP’s Notices advising that effective December 9, 2017,…