After assessing the damage caused by Hurricane Maria to supply chain infrastructure in Puerto Rico, many shipping companies are assisting the Federal Emergency Management Agency (FEMA) in transporting cargo into the heart of the island territory.
Buffett bets on trucking with stake in Pilot Flying J
Billionaire investor Warren Buffett’s Berkshire Hathaway will acquire a 38.6 percent equity stake in Pilot Flying J, the largest operator of travel centers in North America, the companies revealed in a statement Tuesday.
Miami company owners plead guilty to export violations
Three family members of Miami-based AW-Tronics on Wednesday pleaded guilty to charges that they conspired to defraud the United States and illegally export aviation parts and equipment to Syria.
Qatar Airways adds Helsinki to pharma network
The Doha-based air cargo carrier has also partnered with Dokasch to offer a range of temperature-controlled containers for pharmaceuticals and healthcare products.
WLS: Minimal capacity growth in major east-west trades during peak season
One year after the bankruptcy of Hanjin Shipping, capacity in major east-west trades has stabilized, but shows minimal change between Q2 and Q3, even as peak shipping season comes into full swing, according to the latest World Liner Supply Report from …
Judge postpones Waymo’s suit against Uber
William Alsup, a U.S. District Judge for the Northern District of California, pushed back the start of a trial between Google affiliate Waymo and the now ubiquitous ride-sharing app provider surrounding autonomous driving tech from Oct. 10 until Dec. 4.
2018 Market Dates: UBM’s New Fashion Calendar Reflects Evolving Retail Landscape
Accessories are a vital part of the entire fashion landscape, and manufacturers and retail buyers of accessories and footwear will reap the rewards of the market reconfigurations.
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SEC investigates Celadon Group
Celadon CEO Paul Svindland has announced separate equipment financing to afford additional liquidity, an amendment to its primary credit facility, and certain corporate updates as a result of the SEC investigation.
Rolls-Royce partners with Google on autonomous ships
The aerospace and maritime engineering company signed a deal Wednesday with Google to further develop its intelligent awareness systems for self-driving ocean vessels.
Report: Container segment likely to see mixed results during peak season
Large demand increases in the United States will likely be offset by lowered demand and dwindling fiscal confidence in Europe, according to a recent analysis from Patrik Berglund, CEO of ocean freight rate benchmarking and intelligence platform Xeneta.