Posted 02/23 · 01:06 PM · LM EditorialFedEx said that its FedEx subsidiary has officially completed the acquisition of the logistics, distribution, and express businesses of India-based AFL Pvt. Ltd. and its affiliate Unifreight India Pvt. Ltd. The deal was originally announced by FedEx in November.
Posted 02/22 · 02:04 PM · LM EditorialUPS announced it has expanded its UPS Preferred LCL (less-than-container-load) Ocean Freight service to ten additional Asia-based ports, which it said provides shippers with up to 40 percent faster door-to-port United States-bound delivery for LCL shipments.
Posted 02/22 · 09:46 AM · LM EditorialA moderate increase in European import and export volumes is expected in 2011, according to the most recent edition of the Global Port Tracker Report published by Hackett Associates and the Bremen Institute of Shipping Economics and Logistics.
Posted 02/21 · 08:37 AM · LM EditorialLogistics Management magazine is partnering up with the National Industrial Transportation League (NITL) and American River International, a provider of import/export management consulting services, will offer a half-day seminar on Monday, February 28, entitled “Understanding and Managing Incoterms 2010.”
Posted 02/18 · 10:06 AM · LM EditorialFollowing the introduction of the FAA Reauthorization and Reform Act of 2011, H.R. 658 by the leadership of the House Transportation and Infrastructure Committee last week, the bill was approved by the committee this week by a 34-25 margin.
Posted 02/18 · 01:53 AM · LM EditorialThe Federal Maritime Commission took several steps yesterday to reduce regulatory burdens and bring cost savings and flexibility to the shipping industry and the customers they serve.
Posted 02/18 · 01:52 AM · LM EditorialWith a high level of acrimony surrounding the U.S.-Mexico cross-border trucking program in recent years, there are some recent signs that the effort may be regaining its footing.
Posted 02/18 · 12:12 AM · LM EditorialBoth ports show double-digit annual gains for imports and exports.
Posted 02/17 · 09:05 AM · LM EditorialAccording to a recent report in The Financial Times, China is in negotiations over the construction of a 137-mile rail link across Colombia that represents a competitive route. When completed, Chinese exporters could ship finished goods into Latin America while sourcing raw materials for outbound vessel deployment.
Posted 02/16 · 02:05 PM · LM EditorialAs news reports continue to track the transit of two Iranian warships through the Suez Canal, global shippers may also be ready to rethink their supply chain strategies