China Navigation buys Hamburg Süd’s bulk shipping arm
Since Maersk acquired Hamburg Süd in 2017, it is focusing on the container liner business.
Since Maersk acquired Hamburg Süd in 2017, it is focusing on the container liner business.
The European Commission submitted its proposal to the United Nations on Friday.
Net earnings for 2018 totaled $490 million, down from $686 million in 2017.
Various duty refund programs remain on hold as numerous CBP employees are on furlough during the federal government shutdown.
Agriculture is excluded from the draft mandates on industrial goods tariffs and conformity assessment.
SpaceX’s lease on a 19-acre site at the port will end in February, while Cal Cartage will close its warehouse on an 85-acre site in July.
Under the proposed Telecommunications Denial Order Enforcement Act, Chinese telecoms that violate U.S. sanctions would face “the same severe punishment” as ZTE.
Net income totaled $629.4 million for the year, while revenues reached $2.71 billion.
The Senate Finance chair suggested the government shutdown could delay congressional consideration of USMCA as well as the start of trade talks with Japan and the EU.
Set to launch in April, the network will involve the deployment of about 330 containerships with a carrying capacity of around 3.8 million TEUs across 38 services.
Forwarders say air cargo shipments keep moving despite the government shutdown.
The barge would move containers between the Wando Welch and Hugh K. Leatherman terminals.
The port handled a record amount of container volumes in 2018, but the outlook for the coming year is uncertain, according to the port’s maritime director.
The Class I railway posted a full-year net income of $3.31 billion on revenues of $12.25 billion.
The freight brokerage company released the next generation of GTZcommand.
Months after being rejected by CEVA, the Danish logistics company offered $4 billion for Panalpina.
John Veroneau says the passage of the trade agreement is very much an open question this Congress as several variables are in play.
The express carrier reached a deal to acquire the international express business of Israel-based Flying Cargo Group.
The purchase of Our Freight Guy marked GlobalTranz’s eighth acquisition since January 2017.
There is growing interest in interchanging equipment between importers and exporters at locations other than marine terminals and container yards.