Business
The American Apparel & Footwear Association welcomed the passage of the America COMPETES Act on February 4, emphasizing the positive impact it will have on protecting consumers from dangerous counterfeits, addressing the worsening shipping crisis, and providing critical tariff savings at a time of rising prices and surging inflation. Included in the bill is the SHOP SAFE Act, INFORM Consumers Act, Ocean Shipping Reform Act (OSRA), and the retroactive renewal ...
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Galveston is rising in the rankings as a top-50 U.S. cargo port. Almost 12 million tons of cargo moved through the deep-water harbor in 2020, placing it 46th among the busiest U.S. ports and waterways.According to the U.S. Army Corps of Engineers, a 9% increase ...
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State of Port recap: federal/state funding fuels opportunities for investment.
National attention focused on the supply chain, infrastructure investment and jobs, it is time for the Port of Oakland to invest in a renewed, smart and zero-emissions port. That was Executive Director Danny Wan’s message ...
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The Port of Virginia® continues to be an expanding economic force in the Commonwealth’s economy, says a recent study conducted by The College of William & Mary that analyzes the overall value of the port to the Virginia economy during fiscal year 2021 (FY21).
“The Port ...
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Drewry’s composite World Container Index decreased marginally by 0.5% to $9,376.70 per 40ft container this week.Source: World Container Index, Drewry Supply Chain Advisors
Our detailed assessment for Thursday, 3 February 2022• The composite index decreased marginally by 0.5% this week, but, remains 79% higher than a ...
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MSC & ZIM have decided to cease their cooperation on the North Europe – East Med trade.Within said reorganization, the joint service on MSC’s Israel Express will terminate effective as from end of March 2022.The last vessel of this joint service will be MSC LAUSANNE, ...
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Airbus has launched a new air-cargo service using its unique BelugaST fleet to offer freight companies and other potential customers a solution to their outsized freight transportation needs.The new service - Airbus Beluga Transport - will provide commercially-contracted customers in a variety of sectors, including ...
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Project heavy lift specialist AAL Shipping (AAL) has delivered 456-metric-tonne industrial tower components to the US West Coast. The cargo was loaded in South Korea onboard the 31,000-deadweight heavy lift AAL Pusan and transported across the Pacific to the Port of Everett in Washington on ...
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Boeing launched the new 777-8 Freighter on January 31 and expanded its market-leading 777X and freighter families of jetliners with an order for up to 50 aircraft from one of the world’s largest cargo carriers, Qatar Airways.
Qatar Airways will be the 777-8 Freighter launch customer ...
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FedEx Corp. and Microsoft Corp. announced ton January 24 the next solution as part of their multiyear collaboration to transform commerce, supply chains and logistics. FedEx and Microsoft will bring together FedEx network intelligence with capabilities from Microsoft Dynamics 365 to introduce a cross-platform “logistics ...
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