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Florida Ports Council appoints 2015-2016 leadership and the Busan Port Authority names CEO, while Con-way Freight promotes VP of western area sales.
Wei Jiafu, former chief executive officer of COSCO, has been named CEO of a Pasadena, California-based company called Apollo Acquisition Corp.
U.S. Customs and Border Protection said it made the schedule adjustment for ACE compliance because the majority of businesses and other federal agencies have yet to integrated their systems with the government-wide info-sharing platform known as ITDS.
Saverco NV, a controlling shareholder of Antwerp-based cargo ship and aircraft lessor CMB, will seek to purchase all outstanding shares of CMB.
Rates from Shanghai to Northwest Europe and the Mediterranean have increased dramatically in the past two weeks, but rates from Shanghai to the United States have fallen three weeks in a row.
Weak trade has limited growth opportunities for airfreight carriers, but trade is expected to improve in the second half of the year, according to the International Air Transport Association.