The ousting of the co-founder of high profile Southern California-based truckload capacity marketplace Cargomatic, often referred to as the "Uber of trucking," follows drastic staff cuts in March.
The S.C. Ports Authority has spelled out how it will use on-terminal scales to help shippers comply with new SOLAS rules for declaring the accurate weight of containers to their ocean carrier.
Matt Cox, chief executive officer of the Jones Act ocean carrier, says he would not be surprised if industry losses in 2016 exceed $10 billion, but Matson, which operates primarily between the U.S. mainland, Hawaii and Alaska, has limited exposure.
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The U.S. Department of Commerce has appointed 11 industry representatives to the agency's joined the Advisory Committee on Supply Chain Competitiveness.
The U.S. Justice Department said an arrest was made in New York this week of a Chinese businessman who attempted to obtain and illegally export military-grade carbon fiber to China without a license.
Allianz cautions shipowners not to skimp on maintenance and pay special attention when laying up ships.