Combined United States carload and intermodal cargo volumes fell 6.3 percent for the month compared with June 2015 and 7.4 percent for the half of 2016, according to data from the Association of American Railroads.
WEARABLE TECHNOLOGY LAUNCHES A WHOLE NEW ACCESSORY SUB-CATEGORY
From sports watches to smart jewelry and fitness trackers, the wearable technology market is booming. In 2015 alone, sales of such accessories surged past $2 billion, according to Statista, with continued expected growth this year and over the coming y…
K&M ACCESSORIES NAMES TODD MARCUS AS NEW PRESIDENT
Todd Marcus has been named President of K&M Accessories, a fashion jewelry and accessories manufacturer based in Providence, Rhode Island. Marcus has been with K&M Associates for eight years, holding various design, sales and distribution roles under the Vendôme Division. Before that, he worked as a consultant in the aviation industry and holds …
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Port of Oakland’s new $100m rail facility receives first train
The Northern California port’s new near-dock rail facility received its first train, which transported animal feed from the Midwestern United States for export to customers in the Far East.
Two ICTSI terminals to join FEPORT
Baltic Container Terminal in the Port of Gdynia and Adriatic Gate Container Terminal in the Port of Rijeka, both owned by International Container Terminal Services, are the newest members of the Federation of European Private Operators and Terminals.
U.S. trade deficit grows in May
The U.S. trade deficit in May rose higher than analyst expectations, jumping 10.1 percent month-over-month to a seasonally adjusted $41.1 billion.
IATA: Airfreight demand growth slips in May
Hindered by weak world trade and increasing capacity, demand growth for air cargo slowed to just 0.9 percent year-over-year for the month, according to the International Air Transport Association.
European Commission adopts decision in price signaling case
The European Commission said new rules will take effect this December, which are aimed at increasing price transparency in container shipping.
USDOT announces over $750m in FASTLANE grants
The U.S. Department of Transportation has announced 18 proposed grant awards totaling $759.2 million in funding for nationally significant transportation infrastructure projects under the Fixing America’s Surface Transportation (FAST) Act of 2015.