SWINDON, UK, Feb. 7, 2019 (Press Release) -HM Revenue and Customs (HMRC) is beginning a phased launch of the Customs Declaration Service (CDS). CDS will replace the existing Customs Handling of Import and Export Freight (CHIEF) system, with all declarations taking place on CDS from early 2019.
CHIEF currently processes declarations to facilitate the international movement of goods between the UK and non-EU countries. CHIEF will continue to run for a time to aid the transition to CDS.Read more
SAVANNAH, GA, Feb. 5, 2019 (Press Release) -At the Georgia Foreign Trade Conference, Georgia Ports Authority Executive Director Griff Lynch unveiled GPA's Big Berth/Big Ship program that will allow the Port of Savannah to simultaneously handle six 14,000 TEU vessels by 2024.
"No other single container terminal in North America has the ability to expand berth capacity at this rate," said Lynch. Currently, Savannah's Garden City Terminal is equipped to handle two of these vessels and by April of this year that number will increase to three.Read more
WINNIPEG, MB, Jan. 24, 2019 (Reuters) -Canada's two major railways are rationing space on trains traveling to the country's biggest port and recently prioritized some commodities over others to deal with congestion, the latest indication of their struggle to meet demand from new trade deals.
That move prompted Canada's transport regulator last week to start an investigation into rail services around Port Metro Vancouver, after shippers complained of "discriminatory treatment of certain commodities" by Canadian National Railway (CN) and Canadian Pacific Railway (CP).Read more
WASHINGTON, DC, Jan. 24, 2019 (Press Release) -At the end of 2018, the nation’s largest freight railroads were operating positive train control (PTC) across the vast majority – 83.2 percent – of the required Class I PTC route miles nationwide according to newly released data from the Association of American Railroads. With this progress, the Class I railroads met the 2018 statutory requirements and are well on their way to meeting the final deadline for full implementation and validation, December 31, 2020.Read more
SCRANTON, PA , Jan. 22, 2019 (PRWeb) -Third-party logistics provider Kane Is Able, Inc. has received Boise Paper’s 2018 3PL of the Year Award for best overall distribution center performance. The award recognizes operational excellence in logistics throughout Boise Paper’s physical distribution system.Read more
ATLANTA, Jan. 21, 2019 (Local News) -Atlanta business and civic leader Duriya Farooqui has been tapped to be president of Georgia-Pacific’s Point A Center for Supply Chain Innovation, which was launched last year.
Most recently, Farooqui has served as the director of the Atlanta Committee for Progress, a city of Atlanta led blue-ribbon group of top business and civic leaders. Her leadership at ACP was instrumental in launching a Center for Workforce Innovation, a partnership between five corporations and Atlanta Technical College.Read more
The total purchase price of about $300 million consists of $260 million in cash, before customary closing adjustments, and the assumption of approximately $40 million of balance sheet liabilities, largely net pension benefit obligations.Read more
This decision is due to a continuing decline in lumber prices, in addition to high log costs and log supply constraints. The curtailment extension and reduction in operating hours is expected to reduce Canfor’s production output by an additional 55 million board feet in Q1. The sawmills were scheduled to resume production on January 7, 2019.
Canfor has 13 sawmills in Canada, with a total annual capacity of approximately 3.8 billion board feet.