Crisis in Syria, Libya and elsewhere have generated massive flows of migrants, increasing the risk of stowaways on cargo vessels, a port official said.
INTERCHANGEABLE AND DIY ACCESSORIES OFFER CUSTOMER ENGAGEMENT, VALUE AND FUN
Why have one accessory when you can have three? Or five? A new wave of interchangeable and customizable accessories allow for creative mix-and-matching that takes one look and stretches it to many. With so many sites stressing DIY fashion, who doesn’t fancy herself a designer? Fendi started this trend at …
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Brazil allows U.S. beef shipments for first time in 13 years
The U.S. Department of Agriculture has reached an agreement with Brazil’s Ministry of Agriculture, Livestock and Food Supply to allow access for U.S. beef and beef products to the Brazilian market.
IAG Cargo revenues drop 12% in Q2 2016
The airfreight carrier reported commercial revenues of 241 million euros for the quarter, a 12 percent decrease from second quarter 2015, according to the company’s most recent financial statements.
International Shipholding pursues bankruptcy protection
The U.S.-based marine transportation company, which has offices in Mobile, New York, Tampa and Shanghai, and its subsidiaries, have filed for Chapter 11 relief in the United States Bankruptcy Court for the Southern District of New York.
STB withdraws freight rail preference proposal
The Surface Transportation Board last week issued two decisions in passenger rail proceedings, one of which included the withdrawal of a previous proposal that would have allowed railroads to prioritize cargo operations over Amtrak passenger trains.
NEWS FLASH: International Shipholding seeks bankruptcy protection
The U.S.-based marine transportation company, which has offices in Mobile, New York, Tampa and Shanghai, and its subsidiaries, have filed for Chapter 11 relief in the United States Bankruptcy Court for the Southern District of New York.
GRI Roundup: Maersk Line, CMA CGM and Hapag-Lloyd
Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd issued rate increases on various trades.
Global Shippers’ Forum calls for elimination of shipping surcharges
The shipping advocacy group adopted the goal of ending container shipping charges, which it said can sometimes exceed the contracted price for shipments making the management of total shipping costs unpredictable for cargo owners.
Knight Transportation Q2, first half earnings fall due to excess industry capacity
The truckload transportation and logistics services provider reported a net income of $24.7 million in the second quarter of 2016 and $47.2 million in the first half of 2016, year-over-year decreases of 10.7 percent and 17.4 percent, respectively.