Freight News

Property Taxes

Capital gains from the sale of a rental property may be subject to an additional tax known as the net investment income tax (NIIT). A property owner is responsible for paying applicable taxes when they are due, even if they don’t receive a notice. Delinquent real estate taxes and other tax bills for personal property and real property can result in a tax lien. If you need financial assistance, consider ... [+]

Port of South Louisiana to buy Avondale

Port of South Louisiana (Port SL) CEO Paul Matthews has announced that it has entered into a Purchase and Sale Agreement with T. Parker Host to purchase Avondale Global Gateway, following the Port of South Louisiana Commission’s unanimous approval. As the Western Hemisphere’s second largest ... [+]

What Are Derivatives? An Outline Of The Market

They're typically used by financial institutions to hedge lengthy positions held in the underlying safety. Lock products (such as swaps, futures, or forwards) obligate the contractual parties to the phrases over the lifetime of the contract. Option merchandise (such as interest rate swaps) present the ... [+]

C.H. Robinson initiates leadership transition

C.H. Robinson announced on January 3 that Scott Anderson, Chair of the Board of Directors has been appointed Interim Chief Executive Officer, effective Jan. 1, 2023. Bob Biesterfeld has stepped down as President and Chief Executive Officer and as a member of the Board, effective ... [+]

Coyne Airways joins Airblox

Coyne Airways has started listing freighter capacity with Airblox.com. Airblox is an online marketplace that enables brokers, freight forwarders, and airlines to trade cargo capacity in the form of standardized electronic Block Space Agreements (eBSAs™). The fintech platform currently lists over 2000 lanes, providing predictive analytics and ... [+]

Ellerman City Liners’ new trans-Atlantic service begins calling JAXPORT

The first vessel in UK-based Ellerman City Liners’ ' trans-Atlantic service made its inaugural call to the Jacksonville Port Authority (JAXPORT) recently. JAXPORT representatives presented a plaque to the crew of the container ship SC Mona Lisa to recognize the ship’s maiden voyage to Jacksonville.Ellerman ... [+]

MSC Donata wins the Gold-Headed Cane

On January 1, 2023, at 0:05 a.m., the MSC Donata was the first ocean-going vessel of the year 2023 to cross the Port of Montreal’s downstream limit at Sorel without a stopover. True to a tradition that dates back more than 180 years, the Montreal ... [+]

New Cargo service at Port Canaveral

Blue Water Industries, a leading national bulk materials supplier has entered into an agreement with Port Canaveral terminal operator Ambassador Services International (ASI) to import between 400,000 to 800,000 metric tons annually of various sized aggregate through Port Canaveral. Scheduled deliveries of the products originating ... [+]

New Port Commissioners, Re-elected Commissioner Sworn-in at Port of Palm Beach

Three Port Commissioners were sworn into office this week. On January 3, 2023 newly elected Port Commissioner for Group 5 Dr. Deandre Poole took the oath of office in a private ceremony alongside his wife Stephanie Poole. Dr. Poole is a native of West Palm Beach and ... [+]

Port of Corpus Christi to Submit Hydrogen Hub Proposal

The US Department of Energy (DOE) Office of Clean Energy Demonstration has encouraged the Port of Corpus Christi Authority to submit a full application for its Horizons Clean Hydrogen Hub (HCH2) through the Regional Clean Hydrogen Hubs Program.The Port of Corpus Christi, as a landlord ... [+]

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