Macquarie seals deal for new Maher lease at NY/NJ through 2063
The private equity fund that operates New York-New Jersey’s largest marine terminal agreed to the Port Authority’s new requirement to carry the cost of maintaining berths and wharves.
The private equity fund that operates New York-New Jersey’s largest marine terminal agreed to the Port Authority’s new requirement to carry the cost of maintaining berths and wharves.
The direct-to-consumer furniture retailer plans to start domestic production of core inserts for its primary product line.
The US’ de minimis program, which ended in May, allowed importers one shipment per day valued at $800 or less to clear customs duty-free and with minimal data elements.
The home improvement retailer has built an expansive network of distribution centers for faster deliveries. It’s now looking to maximize the potential of those assets.
The resistance came primarily from Expeditors International, with sources saying the forwarder flagged ongoing uncertainty around the insurance premium implications of a Suez routing.
While the alliance will strengthen its presence in Southeast Asia, the refined network to be rolled out in April has removed several direct calls in other parts of Asia.
The automaker’s planned investment in the joint venture announced in 2021 was the largest-ever manufacturing commitment in company history, Ford said at the time.
Port officials say the next Army Corps spending bill needs to make sure that dredging funds set aside under a 2020 law actually get distributed.
Zvi Schreiber oversaw key milestones like Freightos’ public listing and a transformative acquisition of air freight booking platform WebCargo, but the company has yet to turn a profit.
The head of one opposition union says the job protection deals agreed to by other unions in exchange for their support of the merger have “loopholes big enough to traverse freight trains through.”