At least 32 rail cars from a CSX train carrying hazardous materials derailed early Wednesday, causing a petroleum fire and forcing the evacuation of a one-mile radius around the site, according to CSX officials.
MarAd completes Suisun Bay ship scrapping ahead of schedule
The U.S. Maritime Administration beat its target date of Sept. 30 to remove 57 obsolete ships from its reserve fleet holding area in Suisan Bay, Calif.
Executive Moves: Intermarine, BDP, Wen-Parker and ALTA
Intermarine unveils various leadership changes, BDP International and Wen-Parker Logistics each name chief financial officer, and the Latin American and Caribbean Air Transport Association’s executive committee appoints new executive director.
Special Coverage: CBP’s e-commerce conundrum
U.S. Customs and Border Protection will struggle to regulate an increased flow of e-commerce goods, but a plan is in the works, according to Acting CBP Commissioner Kevin McAleenan.
Keeping your ‘EDGE’
The Council of Supply Chain Management Professionals (CSCMP) is aiming to ensure a steady influx of young, up-and-coming supply chain professionals to its membership.
New battery-powered drayage truck to be tested at Oakland port
The trial, which begins in September with a heavy-duty, all-electric truck, is part of a statewide effort to determine the feasibility of zero-emission freight hauling.
Senate committee confirms new MarAd administrator, NTSB board chair
The two positions are among nine that fall under the jurisdictional responsibility of the Senate Commerce Committee, with the others being in the departments of Commerce and Homeland Security, as well as the FCC.
Consolidation Nation: ALDO Group to Acquire Camuto Group
It’s officially the summer of consolidation. First came the Coach/Kate Spade merger, then Michael Kors/Jimmy Choo. Today, ALDO joins the club, announcing that it has entered into an agreement to acquire Camuto Group‘s footwear and accessories business. While the Camuto family will continue to own and operate its apparel business, …
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XPO thrives in Q2 as it eyes more M&A targets
Bradley Jacobs, chairman and chief executive officer of XPO Logistics, said bigger merger and acquisition deals likely will not occur soon, but the company is currently in discussions regarding smaller purchases that could take place at any time.
IATA: Air cargo takes off in first half 2017
Global airfreight demand grew in excess of 10 percent for the first six months of 2017, the strongest first half performance since 2010, according to recent data from the International Air Transport Association (IATA).