Supply chain

Identec Solutions has entered into a multi-year alliance with WAM Technologies to expand their refrigerated container monitoring solutions.

Contargo has agreed to buy APM Terminals’ intermodal terminal in Neuss, Germany, for an undisclosed sum.

Allcargo Logistics Ltd., India’s leading international freight forwarder and port-based logistics provider, reported its consolidated net income in the first fiscal quarter, which ended June 30, was Rs. 38.66 crore (about $6.3 million), slipping 32 percent year-over-year.

UPS has expanded its presence in China with the addition of two new contract logistics distribution facilities in Chengdu and Shanghai.

United Nations inspectors have arrived at Panama’s Manzanillo port to examine the North Korean ship carrying hidden military equipment that was intercepted by Panamanian authorities...

The global economy weakened slightly in the second quarter of 2013, mainly driven by declining optimism in Asia and Latin America, although North America showed signs of continuing recovery...

In the second quarter of 2013, the eurozone’s gross domestic product rose 0.3 percent compared with the previous quarter, which was better than expected...

The U.S. Surface Transportation Board today adopted a final rule that will require all rail carriers that submit R-1 reports to begin breaking out expenses for positive train control...

The Border Commerce and Security Council has voiced concerns about U.S. Customs and Border Protection’s plan to fund certain staffing costs through agreements with some border cities.

The federal government needs to better manage, promote and coordinate trade programs so that export resources can be better used to help small and medium-sized business be globally competitive, according to a Government Accountability Office report released today.

The Surface Transportation Board will hold a public hearing this fall related to a petition by The National Industrial Transportation League to modify the board's standards for mandatory competitive switching.

Delegations from North and South Korea will make a last-ditch effort to reopen Kaesong industrial complex later today.

Kewill has signed a definitive agreement to acquire the assets of Four Soft, a Hyderabad, India-based software company.

The U.S. and the U.S.-East African Community have agreed to launch formal negotiations on a trade facilitation agreement, according to Michael Froman, U.S. Trade Representative.

OnTrac has decided to expand its San Diego operation to support increased volume.

Kerry Logistics has acquired a majority stake in Cargo Master’s Group, a Mexico-based freight forwarding and logistics company with six domestic offices.

CaroTrans will launch a new direct, weekly less-than-containerload and full containerload export service from Houston to Rio de Janeiro.

The Japanese economy grew 0.6 percent in the April-June quarter from the preceding quarter, or at an annualized pace of 2.6 percent, in real terms, the Cabinet Office said in a preliminary report.

Gulf States Cold Storage has opened a 100,000 square foot cold storage facility serving the Port of Savannah.

The U.S. Court of Appeals in Washington today reversed a ruling that turned a price-fixing lawsuit against four U.S.-based Class I railroads into a class action.

Chainalytics has acquired ROCE Partners, a European supply chain management company with offices in Helsinki, Milan and Stockholm.

China’s exports and imports “surprisingly” rebounded in July, offering some hope that the nation’s economy might be stabilizing after more than two years of slowing growth, Reuters reports.

Major Japanese international freight forwarder Kintetsu World Express Inc.’s profit plummeted 42.7 percent in the first quarter of fiscal 2013, which started on April 1, from a year earlier to ¥1.364 billion ($14.18 million) on a consolidated basis.

CEVA Holdings today reported net income in the second quarter of 2013 of $197 million, up from $106 million in the second quarter of 2012.

WASHINGTON — It’s still more than three years away, but completion of Customs and Border Protection’s long-delayed major cargo-processing system appears to be in sight.

U.S. Customs and Border Protection has released a schedule for completing trade processing capabilities in its automated commercial environment by the end of 2016.

The European Commission reported almost 90,000 detention cases were registered by the European Union Customs Union in 2012...

Expeditors International of Washington reported its profit in the second quarter of 2013 was $92.32 million, up 10.0 percent from $83.96 million in the second quarter of 2012.

The Obama administration has vetoed the U.S. International Trade Commission’s ban on the import and sale of some Apple iPhones and iPads...

Domestic flights today resumed taking off and landing at Nairobi’s Jomo Kenyatta International Airport in Kenya, after the facility was damaged and temporarily shut down by a massive fire, CNN reports.

C.H. Robinson Worldwide reported its net income in the second quarter of 2013 totaling $111.9 million, down 2.4 percent from $114.6 million in the second quarter of 2012.

Nippon Express Co., Japan’s largest international freight forwarder, said its net profit surged 34.4 percent to 6.858 billion yen ($69.62 million) in its fiscal 2013 first quarter, which ended June 30.

In seasonally adjusted terms, Australia had a goods and services trade surplus of A$602 million (about $541.2 million) in June, an increase of A$95 million, or 19 percent...

Gateway Distriparks Ltd., India’s leading port-based logistics provider, reported a consolidated net income of $4.9 million for its first fiscal quarter, which ended June 30, a decline of 14.7 percent year-over-year.

President Obama has signed an executive order, “Improving Chemical Facility Safety and Security,” in response to the explosion earlier this year at a fertilizer facility in West, Texas.

Agility today reported its profit in the second quarter of 2013 was 11.51 million Kuwaiti dinars (about US$40.3 million), jumping 50 percent from 7.66 million dinars in the second quarter of 2012.

The Logwin Group reported its revenue in the first half of 2013 was €622.8 million (about US$824.6 million), sliding from €652.7 million in the same period in 2012.

Why isn’t U.S. trade with India growing more rapidly? One key factor has been the inability of Indian national and local governments to modernize the country’s backward transportation and trade infrastructure.