Assets related to the South Korean shipping company’s services to the United States will be put up for sale as soon as tomorrow, multiple press reports said Thursday.
Savannah River reopens to commercial traffic
The Georgia Ports Authority said the Port of Savannah will be extra busy moving containers in the next week as shippers seek to retrieve and deliver a backlog of cargo resulting from hurricane associated closures.
U.S. starts investigating steel concrete bar dumping
The Commerce Department has launched antidumping investigations on imports of steel concrete reinforcing bar from Japan, Taiwan and Turkey, and a countervailing duty investigation on these same imports from Turkey.
U.S., Canadian lumber dispute risks flare-up
The deadline for reaching a new softwood lumber trade agreement between the United States and Canada expired on Wednesday, risking the assessment of hefty U.S. duties on these imports from Canada.
UK, China lift restrictions on cargo flights
Under a new agreement, the United Kingdom and China will more than double the number of passenger flights permitted between the two nations and allow for unlimited all-cargo flights, according to a statement from the UK’s Department for Transport.
UPS expands early morning delivery to 28 countries
The Atlanta, Ga.-based parcel giant expanded its earliest morning package delivery service, which is now available in 56 countries.
DHL expands Leipzig hub
DHL’s new sorting center at its global air hub in Leipzig, Germany opened Thursday, enabling the company to sort bulkier and heavier shipments with automation, along with boosting the site’s handling capacity to 150,000 shipments per hour.
Executive Moves: CSCB and R.J. Corman Railroad Group
The Canadian Society of Customs Brokers names board chairman, while R.J. Corman Railroad Group picks CEO.
Greenbrier expands European railcar manufacturing
The Greenbrier Cos. and Astra Rail Management GmbH said they will form a new company to create a Europe-based freight railcar manufacturing, engineering and repair business.
OmniTRAX links with Arrows Up
OmniTRAX Sand Holdings, an affiliate of OmniTRAX, Inc., has entered into a joint venture with bulk storage and transportation services provider Arrows Up.