Nearly 70 companies and business associations involved in the clean transportation industry have signed a letter expressing support for California’s cap-and-trade program and urged legislative leaders and Gov. Jerry Brown to extend the program.
ShipBob gains $17.5m in Series B funding
The e-commerce fulfillment and technology provider said it will not only use the investment to continue improvements on its technology dashboard, but also to expand its fulfillment centers across the United States.
U.S. beef shipments to China to resume soon
The USDA’s Agricultural Marketing Service has released the requirements for its Export Verification program for packers to apply for exportation of beef to China.
POLB records busiest May in port history
Last month’s total container throughput of 648,287 TEUs at the Port of Long Beach was the highest of any May in the 106-year history of the Southern California seaport.
DSME to sell $702m in new shares
The struggling South Korean shipbuilder will sell the new stock at 40.35 won a piece in a bid to strengthen its financial status, Yonhap News Agency reported.
K + N discloses CO2 emissions on ocean freight invoices
The Swiss-based third-party logistics provider in May started printing the total amount of carbon dioxide emissions generated by sea freight shipments on each invoice.
CP implements infrastructure enhancements
In order to expand its protective and perishable service products and reduce customs inspections delays, the rail line has purchased 41 new gensets and successfully implemented a new “live” lift function on the U.S.-Canada border.
Kerry, Globalink enter into JV under ‘Belt and Road’ initiative
The two logistics services providers and freight forwarders have agreed to collaborate on their networks to enhance cargo flows between Central Asia and The Commonwealth of Independent States under China’s “One Belt One Road” trade initiative.
South Africa to gain new LPG import facility
Petredec entered into an agreement with Bidvest Tank Terminals to develop a liquefied petroleum gas (LPG) import and storage facility in Richards Bay, South Africa.
Executive Moves: Delta Air Lines Cargo and Roadrunner
Delta Air Lines Cargo appoints managing director, cargo global sales; and Roadrunner Transportation Systems, Inc. names president of Roadrunner Freight.