Despite an election in which anti-trade rhetoric played a key role, President Barack Obama said Americans favor open trade under the right conditions.
MacroPoint snags $44m in financing
The freight tracking software provider has received a shot in the arm from Susquehanna Growth Equity to boost product development and its geographic footprint.
Alaska Airlines powers flight with wood-based fuel
The Seattle-based airline became the first commercial carrier to power a flight with a mix of biofuel made from wood waste.
Port of Los Angeles reports 15.6% jump in box volumes
The Southern California port handled 814,575 TEUs in October, marking the busiest month ever at a Western Hemisphere container port, according to data from the American Association of Port Authorities.
SeaLand extends NAE service
Maersk Group’s intra-Americas regional ocean carrier SeaLand said the NAE will add calls to Turbo, Colombia and Puerto Moin, Costa Rica.
Korea Line to purchase Hanjin’s Asia-U.S. operations
Bulk shipping company Korea Line Corp. has been picked over Hyundai Merchant Marine to acquire Hanjin’s operations between Asia and the United States.
AirBridgeCargo volumes jump 30% in October
The all-cargo airline posted a throughput of 57,608 metric tons for the month, bringing the year-to-date total to 498,177 metric tons and breaking its full year freight volume record for the 13th consecutive year.
CEVA reports $41m loss in Q3 2016
The Netherlands-based third-party logistics provider posted a third quarter loss of $41 million compared with a $51 million loss the previous year as revenues slipped 1.2 percent to $1.68 billion, according to the company’s most recent financial statements
SAFILO GROUP AND PARSONS SCHOOL OF DESIGN TEAM UP DESIGN THESIS COMPETITION
Safilo Group and The New School’s Parsons School of Design are teaming up for the first-ever Safilo x Parsons Design Thesis Competition. The competition provides six thesis-level BFA students with the opportunity to design eyewear as part of their final thesis work, with the winner having a prototype manufactured by Safilo. The winning …
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NEWS FLASH: Korea Line wins bid for Hanjin’s Asia-U.S. operations
Bulk shipping company Korea Line Corp. has been picked over Hyundai Merchant Marine to acquire Hanjin’s operations between Asia and the United States.