FASA

Chainalytics Vice President of Transportation Kevin Zweier explained that collaborative transportation is a useful strategy, provided shippers put in the homework before and after bid events.

The U.S. Department of Justice is launching a rare internal review of what went wrong in its failed pursuit of a case in which it charged the parcel giant with conspiring to deliver illegal drugs, according to a report from Reuters news service.

About 450,000 TEUs of capacity is expected to be scrapped in 2016, which would be double the amount scrapped in 2015, according to the London-based shipping consultant Drewry.

A federal grand jury in Charleston, S.C. indicted Aegean Shipping Management S.A. and Aegeansun Gamma Inc. for conspiracy to hide illicit ship pollution.

The U.S. Federal Reserve revealed that retail sales and factory output picked up in June, illustrating how the U.S. economy is bouncing back from a slow first quarter.

The Northern California port’s container volumes were hindered by a slowdown in empty containers moving through the port.

The Senate on Friday confirmed Scott Darling to be the next administrator of the U.S. Transportation Department’s Federal Motor Carrier Safety Administration.

The Atlanta, Ga.-based global courier’s express package service, which added three countries to its scope, is now available in 117 countries and territories across the globe.

The U.S. Federal Maritime Commission has received 12 ocean transportation intermediary license applications and changes for review.

Two trade associations – the International Air Transportation Association (IATA) and the International Federation of Freight Forwarders Association (FIATA) – will roll out the new IATA-FIATA Air Cargo Program in phases, beginning in early 2017.