Bureau of Industry and Security Announces $2.8 Million Civil Settlement with Computerlinks FZCO for Charges Related to Unlawful Exporting of Technology to Syria Computerlinks FZCO of Dubai, United Arab Emirates was charged with three violations of the EAR - Export Administration Regulations regarding devices that monitor & control Internet to Syria. The company has … [Read more...]
IATA: March Air Freight weakens
The International Air Transport Association (IATA) released data for March Air Cargo. They report a 2.3% decline in Freight Tonne Kilometers (FTKs) in March compared to March 2012. The US air cargo posted a 5.2% drop in demand while Europe posted a 4% drop in demand. “The March decline in air cargo is most likely a temporary stall. The fundamentals for a sustained … [Read more...]
IATA Addresses Priorities for Air Cargo
The International Air Transportation Association has advised everyone in the Air Cargo supply chain that we need to work together to increase competitiveness. IATA stressed upon safety, security and sustainability for Air Cargo's future success and growth. We will continue to modernize our processes, strategize to secure the supply chain, and enforce regulations to maintain the … [Read more...]
Lambert-St. Louis (STL) International Airport Makes Push For More Air Cargo
Lambert-St. Louis (STL) International Airport Makes Push For More Air Cargo. In a move that looks to strengthen not only the Lambert-St Louis (STL) International Airport but also the freight forwarder community in the Midwest; the state senators in Missouri have come together to support a bill that will give incentives to the freight forwarders in the area. State senators … [Read more...]
State Exports in 2012
The International Trade Administration (ITA) published the State Reports for Exports in 2012. Below are a few of the highlights for the uppoer midwest States. According to the ITA: Minnesota Exported $20.6 Billion in merchandise shipments in 2012. $6.0 Billion in merchandise Exports to Canada $2,0 Billion in merchandise Exports to China $ 1.3 Billion in … [Read more...]