IATA: Air Freight Growth for November From IATA: November 2014 data for global air freight markets shows that demand grew 4.2% compared to November 2013. Capacity grew by 3.3% over the previous November. Compared to October 2014, air freight demand expanded by a healthy 0.8%. The regions that had the most significant growth were the Asia-Pacific and Middle East … [Read more...]
Order Waiving Remainder of Denial Order Period
Order Waiving Remainder of Denial Order Period Fiber Materials, Inc. (FMI) of Biddeford, Maine, was issued an order denying export privileges by the BIS (Bureau of Industry & Security) in March of 2007. The denial order was based on FMI's criminal conviction for violating the Act by knowingly exporting and causing to be exported from the USA to India a component, … [Read more...]
West Coast Ports: Near Gridlock Despite Mediation
West Coast Ports: Near Gridlock Despite Mediation It is being called War of Words that is escalating the dispute between the PMA and ILWU. The PMA is accusing the union of slowdowns and withholding skilled labor that is a causing almost 'complete grid lock'. The ILWU blasted back saying that the PMA conceded that problems were related to operational issues. It seems … [Read more...]
Company Fined for Anti-Boycott Violations
Company Fined for Anti-Boycott Violations With two specific charges imposed by the BIS (Bureau of Industry & Security), a New Jersey company - Infinova Corporation, committed six violations of the Anti-Boycott Regulations in connection with shipments to United Arab Emirates: One Violation of 15 CFR: 760.2(d) - Furnishing Information about Business Relationships with … [Read more...]
West Coast Ports UPDATE: Federal Mediation Begins
West Coast Ports UPDATE: Federal Mediation Begins In response to a joint request by the ILWU and PMA, the FMCS (Federal Mediation and Conciliation Service) announced later yesterday: “In response to a joint request for assistance from the parties, collective bargaining between ILWU and PMA representatives will continue as soon as possible under the auspices of the Federal … [Read more...]