Longtime freight transportation and logistics industry executive Tom Nightingale has taken over two 35-year-old Boston-area firms to form a new company, International Package Shipping.
Norwegian firm plans autonomous, electric-powered boxship
Norwegian fertilizer manufacturer Yara International is planning to build a small, battery-powered containership with capacity for between 100 TEUs and 120 TEUs to move containers from fertilizer its factory to the nearby ocean ports of Brevik and Larvik.
Amsterdam Airport Schiphol implements Compliance Checker tool
The new online customs compliance system, developed by Cargonaut and tested by KLM Cargo, was designed to improve inbound and outbound air cargo flows and trucking customs compliance at the Netherlands airport.
KAMCO to take over 20 vessels owned by six carriers
South Korea’s debt clearing house, Korea Asset Management Corp. (KAMCO), will take over a mix of 20 container and bulk vessels on May 15 and lease them back to the ocean carriers, according to a report from Pulse News.
Emirates SkyCargo, Cargolux ink partnership in Munich
The two airfreight carriers will cooperate on aircraft capacity, block space and interline hub connectivity and cargo handling, according to Emirates SkyCargo.
Kerry Logistics acquires majority stake in Tuvia Italia
The Hong Kong-based third party logistics provider has continued its European expansion by signing and agreement to purchase a majority stake in Tuvia Italia S.p.A. from Italian holding company Tuvia Group.
Seabury: Airfreight likely to benefit from ocean shipping disruptions
Deteriorating ocean carrier profitability, port slowdowns, bankruptcies and a reshaping of the major alliances all contribute to the volatility of the container shipping market, according to Maritime Director Michel Looten of Seabury Group.
Shippers’ Law: A convenient argument
A Miami court found that a forum selection clauses in an ocean bill of lading trumped arguments for a more convenient location for the litigation.
XPO Logistics rebrands North American LTL business
The Greenwich, Conn.-based transportation and logistics solutions provider completed the project without any disruption to service or customers, Tony Brooks, president of the LTL business for XPO Logistics told American Shipper.
Will South Carolina Gov. McMaster’s veto stop bill to raise state gas tax?
S.C. Governor Henry McMaster vetoed a bill strongly supported by both side of the state legislature to increase the state’s current 16.75-cent gas tax by 12 cents over the next six years.