Business
A $513.6 million operating budget for fiscal year 2020 has been approved at the Port of Oakland. The Port’s governing Board OK'd the spending plan at a meeting yesterday.
The new budget is up about 4 percent from the one adopted for fiscal year 2019, the Port said. It goes into effect July 1.
The budget projects revenue of $398 million at the Port in the next fiscal year. That would be ...
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CN announced that western Canadian grain movement in the month of June exceeded 2.3 million metric tonnes (MMT), compared to the three-year average of 1.80 MMT and June 2018’s result of 1.99 MMT.
The cumulative total of tonnage moved for the 2018-19 crop year is on ...
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Chain.io has has announced that Kontainers, a modern digital freight execution platform, has joined the Chain.io provider network. By connecting with Chain.io, Kontainers is able to bring enhanced TMS integration to both new and existing clients, providing a more seamless digital freight experience.
"We're excited to ...
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Descartes Systems Group, global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired STEPcom, a leading Business-to-Business (“B2B”) supply
chain integration network based in Switzerland.
STEPcom has connected trading partners to its B2B network for more than 15 years, helping supply chain participants connect, ...
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The City of Peru, Illinois and OmniTRAX, Inc., one of the largest privately held transportation service companies in North America and an affiliate of The Broe Group, will receive a grant for extensive trackwork on the OmniTRAX-managed Illinois Railway (IR). The Peru Intermodal, Safety, Congestion, ...
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A container security service recently assisted the police in preventing the theft of a container from Port of Callao in Peru with contents valued at more than $500,000. Available throughout Latin America and the US, the container security service by Dachser provides real-time cargo monitoring ...
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NewCold, the Netherlands-based specialist in automated cold storage, announced the grand opening of its $90 million, 180,000-sq. ft. facility in Burley, Idaho. It is one of the largest cold storage warehouses in the nation.
NewCold’s Burley facility, which took 25,000 tons of steel to construct, is ...
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Port of Oakland Executive Director Chris Lytle is sounding an alarm over the trade war with China. The veteran maritime leader this week warned that tariffs imposed by both sides threaten the U.S. economy. He added that trade barriers could dry up his customers’ access ...
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On May 16, 2019, and June 5, 2019, the Trump Administration published in the Federal Register the removal of Turkey and India from the list of beneficiary developing countries in the Generalized System of Preferences (GSP) program.
The effective date of termination of GSP benefits:
· Turkey ...
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The U.S. Department of Transportation (DOT) announced on June 12 a Notice of Funding Opportunity (NOFO) to apply for $292.7 million in discretionary grant funding through the new Port Infrastructure Development Program.
“This major investment in the Port Infrastructure Development Program will help strengthen, modernize, and ...
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