FASA

IBM and the Maritime and Port Authority of Singapore (MPA) successfully completed a pilot trial of three out of seven modules that will utilize data analytics to increase port safety and improve port volumes.

Airfreight rates rose on east-west routes to an average of $2.64 per kilogram in July 2017, an increase of 1.9 percent from the previous month and 1.5 percent from the same 2016 period, according to Drewry’s East-West Airfreight Price Index

Troubled container carrier Yang Ming Marine Transport is hoping a recapitalization plan, along with strong ties to the Taiwanese government and recent growth in global trade, will help lift its operations back into the black.

The transportation and logistics sector added 900 position in July 2017 from June 2017, according to recent preliminary data from the U.S. Department of Labor.

The service is a regularization of two ad hoc voyages of reefer vessels from Turkey to Qatar that maritime transport and logistics company Milaha had arranged the past few weeks.

The Connecticut-based bulk carrier was issued a $5,000 fine after marine inspectors discovered that the freighter ANSAC Moon Bear discharged untreated ballast water into the Willamette River on three separate occasions during port calls in 2017.

Blue Sky Blue Sea, Inc., doing business as American Export Lines and International Shipping (USA) (collectively referred to as AEL) agreed to pay $518,063 for violating U.S. sanctions on Iran 140 times.

Schneider Packaging Equipment names new president, while World Shipping, Inc.’s vice president of operations retires.

New business-to-consumer e-commerce practices are rapidly changing the way retailers and their supply chain providers operate, as well as how governments apply trade oversight.