Everyone is watching the ILWU caucus which begins today. From JOC: The caucus that begins on Monday could last several days. If the leadership believes a tentative contract can be signed, it would have to be ratified by a rank-and-file vote in the coming weeks. If agreement can't be reached, negotiations could run into January and February assuming the parties take time … [Read more...]
Indicted Chinese National – Federal Prosecution For Exporting Nuclear Parts To Iran
Indicted Chinese National - Federal Prosecution For Exporting Nuclear Parts To Iran From DOJ: Sihai Cheng, a/k/a Chun Hai Cheng, a/k/a Alex Cheng, a citizen of the People’s Republic of China (PRC), arrived at Logan Airport from the United Kingdom to face charges for conspiring to export pressure transducers to Iran which can be used in the production process of weapons-grade … [Read more...]
West Coast Ports: Contract Negotiations Resume
West Coast Ports: Contract Negotiations Resume Contract negotiations between the International Longshore and Warehouse Union and the Pacific Maritime Association resumed a week ago in San Francisco. From JOC : Both parties had spent the previous day meeting internally to prepare for the return to face-to-face negotiations. There was much disappointment with the … [Read more...]
Chief Officer of Engineering Firm Sentenced for Attempted Illegal Shipment to Iran
Chief Officer of Engineering Firm Sentenced for Attempted Illegal Shipment to Iran Hetran, Inc. and it's Chief Executive Officer Helmut Oertmann were sentenced for their involvement in a conspiracy to avoid export reporting requirements & with attempting to smuggle a lathe machine to Iran in violation of U.S. export regulations. Each were charged with Conspiracy: … [Read more...]
IATA: Air Freight Strong Performance Continues
IATA: Air Freight Strong Performance Continues The International Air Transport Association (IATA) October data for global air freight markets shows a strong performance of air cargo is continuing. Demand rose 5.4% in October compared to October 2013 while capacity grew by 4.4%. Compared to September demand grew by 0.7% which is a new monthly high. The good results … [Read more...]