The key objective of the two-week National Transportation Safety Board mission in April will be to locate the voyage data recorder or "black box" dislodged from the TOTE Maritime general cargo vessel when it sank Oct. 1 during Hurricane Joaquin.
The Federal Aviation Administration and National Transportation Safety Board took steps this week to improve safety practices and regulations involving lithium batteries carried by airlines.
The $1.5 million program at the Port of Oakland will provide an incentive to terminals to stay open longer as they handle business relocated from Outer Harbor Terminal.
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The Hong Kong-based third-party logistics provider told analysts on a conference call it plans to acquire a 51 percent stake in an unnamed U.S. freight forwarder within two months, according to a report from the Jefferies Group.
The recovery from Winter Storm Jonas, which has already claimed the lives of at least 48 people, is slow and transportation networks are operating at limited capacity.
Employees of the third-party logistics provider have claimed in a letter to U.S. Securities and Exchange Commission they were pressured to buy stock in CEVA, which then lost all their value in a restructuring, according to a report from The Loadstar.