The latest news and features revolving around evolving customs regulations, global trade, and the services that help global shippers expedite freight through the global supply chain
Posted 02/07 · 02:18 PM · SCMR Editorial
The International Chamber of Commerce released a report at the 6th Global Congress on Combating Counterfeiting and Piracy on last week that reported the global economic and social impacts of counterfeiting and piracy will reach $1.7 trillion by 2015 and put 2.5 million legitimate jobs at risk each yea
Posted 02/07 · 02:09 PM · LM Editorial
More than $10 million in counterfeit electronics, stolen merchandise and bank receipts have been recovered as a result of a cargo theft investigation initiated by Los Angeles Port Police.
Posted 02/07 · 01:36 PM · LM Editorial
UPS announced earlier today that it has expanded its UPS Express Freight service into Israel and Slovakia. Company officials said that this effort will serve expanding hubs for high-tech, industrial, and automotive shippers.
Posted 02/04 · 08:27 AM · LM Editorial
A new proposal from the U.S. Department of Agriculture, Animal and Plant Health Inspection Service (APHIS) would remove the exemption from ISPM 15 on wood packaging material moving between Canada and the United States in both directions beginning in 2011.
Posted 02/02 · 09:38 AM · LM Editorial
Many shipping analysts suggest that U.S. West Coast ports should be back on their heels when it comes to discussing the Panama Canal expansion. At least one leading port authority disagrees
Posted 02/01 · 11:27 AM · LM Editorial
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 15.5 percent in November 2010 compared to November 2009, increasing to $68.1 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).
Posted 02/01 · 09:21 AM · LM Editorial
Even though the economy is still taking its lumps en route to a full-fledged recovery, UPS appears to be ahead of the game based on its fourth quarter and full-year 2010 earnings performance.
Posted 02/01 · 09:05 AM · LM Editorial
While the Federal Maritime Commission (FMC) is moving forward with an investigation of slow steaming practices in the transpacific, some analysts question whether it will even be an issue after the upcoming Lunar New Year.
Posted 01/31 · 11:50 AM · LM Editorial
Following speculation that global industrial real estate bellwethers ProLogis and AMB Property Corporation were planning to merge, the companies announced today that they have joined hands in inking a definitive agreement through what that described as a “merger of equals.”
Posted 01/31 · 08:20 AM · LM Editorial
Irrespective of political concerns or positions, the current upheaval in Egypt must not result in the closing of the Suez Canal