Business
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that it has signed a definitive agreement to acquire the businesses run by the Management Systems Resources Inc. group of companies operating under the names “Visual Compliance,” “eCustoms” and “MSR” (collectively, “Visual Compliance”).
Visual Compliance provides software solutions and services to automate customs, trade and fiscal compliance processes, with a focus on denied and restricted party screening processes ...
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Last year proved to be an exceptional year for the American Airlines Cargo team, with the division exceeding multiple all-time records in performance, volume and revenue, finishing the year with more than $1 billion in revenue.
The airline moved record volumes of freight and mail across ...
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Following a fifth consecutive year in 2018 of record tonnage handled at the Port of Montreal, and the likelihood of similar anticipated growth in the coming years, the Montreal Port Authority (MPA) has decided to work in priority with its terminal operators, Montreal Gateway Terminals ...
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Intellect Technologies, a leading U.S. Customs authorized service and global logistics technology solutions provider, has announced their latest innovation for their eCustoms platform. This state-of-the-art ACE/ABI compliant software solution introduces an eCommerce Section 321 DeMinimis Solution.
What is Section 321?
March 2016, US. Customs (CBP) published an ...
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The Port of Virginia® set a new annual record for container cargo volume having handled more than 2.85 million TEUs in calendar year 2018, a slight percent increase over last year’s total.
In 2018, the port’s TEU volumes were up .5% over the prior year. The ...
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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 is down 5.7% to $1,689.95 per 40ft container (updated Thursday, 10 January 2019).
Two-year spot freight rate trend for the World Container Index:
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DB Schenker recently announced a new strategic partnership with Magento, one of the world's leading providers of e-commerce platforms, to equip small and mid-size merchants with a powerful new extension.
Combining DB Schenker’s fulfilment experience with global logistics markets with the powerful customization and flexibility of ...
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Maryland Governor Larry Hogan recently announced that the Maryland Department of Transportation Maryland Port Administration (MDOT MPA) will receive $6.6 million in U.S. Department of Transportation grant funding to contribute to a project that will deepen a second container berth to 50 feet at the ...
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Volga-Dnepr Group has opened an Operations Base at Houston George Bush Intercontinental Airport to give customers in North and South America faster and more economic access to its unique range of delivery solutions.
The base is an expansion of the Group’s sales office, which was established ...
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The Georgia Ports Authority is on track to reach 4.36 million TEUS handled in 2018, its highest volumes ever in a calendar year. The performance would mean an increase of 8% (312,385 TEUs) compared to CY2017.
"Cargo expansion related to growth in inland markets, as well ...
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