The International Cargo Handling Coordination Association reminded shippers and forwarders that the container weighing rule will go into effect Friday, with no three-month grace period as some have mistakenly understood.
The shipment management software provider officially launched its verified gross mass submission tool, which allows shippers and freight forwarders to use a centralized point to provide the verified container weight data to their carriers.
A.P. Moller-Maersk Group’s oil unit lost a bid for the renewal of its 25-year involvement in the Al Shaheen offshore field when the current agreement expires in July 2017.
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Parcel carrier FedEx Corp. not only knew it was transporting illegal drugs, but deliberately evaded the U.S. Drug Enforcement Administration, Assistant U.S. Attorney John H. Hemann said Monday in his opening statement.
Inchcape Shipping Services has named its global compliance officer, while Kane Is Able has hired a senior vice president of human resources.
Meanwhile, the pound slid the most on record to its weakest since 1985, while the yen rallied on demand for haven assets, following Britain’s vote to leave the European Union.