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The U.S. Department of Transportation (DOT) announced a Notice of Funding Opportunity (NOFO) to apply for $225 million in discretionary grant funding through the Port Infrastructure Development Program (PIDP).
“America’s ports are a critical part of the Nation’s multimodal transportation network and this Notice of Funding Opportunity provides guidance on how to apply for these grants,” said U.S. Transportation Secretary Elaine L. Chao.
The Port Infrastructure Development Program supports U.S. ports ...
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Worldwide Flight Services (WFS) has announced key appointments to its leadership team in North America to support its air cargo and ground handling growth ambitions in 2020 and beyond. • Paul Walton joins the company as Senior Vice President Express, responsible for all aspects ...
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As the Coronavirus pandemic shines a light on serious vulnerabilities in the U.S. supply chain, Senator Cory Booker (D-NJ) reintroduced legislation to increase access to capital for U.S. entrepreneurs looking to scale-up and commercialize their advanced manufacturing operations. The Scale-Up Manufacturing Investment Company (SUMIC) Act ...
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Almost half of all retailers expect some economic downturn in their revenue as a result of the WHO declared pandemic known as the coronavirus, or COVID-19, according to a March 2020 survey by Digital Commerce 360 of 304 retailers.
In the Digital Commerce 360 exclusive article, ...
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The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia decreased by 0.1% to $1,483.46 per 40ft container this week (updated Thursday, 12 March 2020).
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Cargo volume declined at the Port of Long Beach in February due to fewer ship calls amid the overseas outbreak of the coronavirus and lingering effects of the trade dispute with China.
Terminal operators and dockworkers moved 538,428 twenty-foot equivalent units (TEUs) last month, down 9.8% ...
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The Port of Los Angeles and Port Authority of Nagoya, Japan have signed a Memorandum of Understanding (MOU) to further cooperate and exchange information on projects focused on operational efficiency and environmental sustainability.
“International cooperation among ports is essential to assuring that our global supply ...
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Here are the new CMA CGM Freight All Kinds (FAK) rates(*) applicable as from April 1st, 2020 (date of loading in the origin ports) until further notice:
These new FAK rates will apply as follows: • Origin Range: From Mediterranean ports: Malta, ...
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Benzinga, an investor newsletter, is reports that Foxconn, best known for making Apple Inc. devices including iPhones, restarted production earlier last month as the spread of the COVID-19 virus seemingly slowed in China. It added, however, that China continued to suffer a labor shortage as ...
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Emirates SkyCargo, the freight division of Emirates, announced that it is working with Accuity, the leading global provider of financial crime compliance, payments and Know Your Customer (KYC) solutions, to help automate and streamline its regulatory compliance screening operations, increase efficiency and improve the speed ...
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