Gianluigi Aponte, chairman of Mediterranean Shipping Co., is part of a consortium of investors preparing a bid for Alitalia, Italy's ailing national airline, according to various media outlets. Aponte and his fellow investors have reportedly made a conditional offer of about 400 million euros ($578 million) to acquire certain Alitalia assets, includin...
The National Foreign Trade Council has promoted USA Engage Director Jake Colvin to vice president for global trade issues. The Washington-based council also appointed Susan Frank to serve as the new director of USA Engage. The NFTC in a statement Tuesday said it has adopted a "team approach" to its trade policy programs and priorities. Colvin,...
A distribution services subsidiary of Jones Act ocean carrier Matson Navigation Co. has acquired San Francisco Bay area regional third-party logistics and warehousing firm Pacific American Services. Matson Global Distribution Services announced the acquisition of the 21-year-old San Leandro-based Pacific American on Tuesday. Financial details of the t...
The U.S. Trade and Development Agency has awarded a $531,810 grant to Morocco's Ministry of Agriculture and Maritime Fishing to assist in its efforts to improve the country's cold storage infrastructure. The agency said the grant supports the U.S. Millennium Challenge Corp.'s (MCC) five-year $697.5 million poverty reduction and economic growth compact...
Cargolux Airlines International S.A., Europe's largest all-cargo airline, has added a second weekly service between its home base in Luxembourg and Miami, and will introduce more capacity from Asia to Vienna in Austria from mid-September. The second Miami service has been operational since July 24 and is operated out of Luxembourg on Thursdays at 3:30...
FedEx Express customers in Europe will now be able to reach major U.S. East Coast cities by the next day compared to two-business days following an upgrade of standard International Priority service, the overnight package and freight delivery provider said Tuesday. The service upgrade will also allow later cut-off times for pick ups of up to six hours...
Transportation attorney Harry C. Ames Jr., who founded Washington-based law firm Ames, Hill and Ames, reportedly died on Aug. 27 in Irvington, Va., as the result of a heart attack. He was 95. Ames is best known for successfully arguing the "ingot molds" case before the U.S. Supreme Court in the 1960s. The important outcome of the case was the resoluti...
DB Intermodal Services GmbH, a complementary services subsidiary of DB Intermodal, has appointed Manfred Michel to manage its new International Terminals business unit. Michel will continue his assignments with two Deutsche Bahn joint ventures, namely Deutsche Umschlaggesellschaft Schiene-Stra mbH (DUSS), where he has been managing director since 1992...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi