Despite a revenue boost from the Hamburg Süd purchase, “margins in the ocean segment were significantly impacted by higher unit costs,” says CEO Skou.
The hype behind applications in cargo movement might be well-founded, but blockchain’s early-stage evolution makes it impossible to predict where the technology will go from here.
Second-largest container carrier Mediterranean Shipping Co. will continue to transport “certain legally acceptable cargoes” like food during the wind-down period.
The Australia-based global logistics software provider continues its acquisition spree with the purchase of Ulukom.
Penalties hiked for outbound cargo from China booked on the shipping line’s portal.
Edward R. Hamberger, president and CEO of the Association of American Railroads for more than 20 years, will be retiring in early 2019.
Port Authority warns, “Negative trade rhetoric will impact our ability to compete on a global stage.”
The Fighting Opioid Abuse in Transportation and Surface Transportation Board Information Security Improvement acts are among the agenda items to be reviewed.
Industry veterans Cannizzaro, Larrabee and Winfree are tapped to serve.
The asset-light provider of integrated transportation management solutions marks a milestone.
The global provider of supply chain solutions makes a strategic move into Central America.
The Stan Tug 1205 and Stan Tug 1606 models will support bunkering operations at the Esmeraldas and La Libertad ports.
While companies presented arguments both for and against the proposed tariffs against China after the country was found to maintain unfair commercial practices, most witnesses testifying during the hearing came out against the proposed measures.
The Senate Banking Committee is slated to mark up its version of the Foreign Investment Risk Review Modernization Act of 2017 on Tuesday.
The city vows to fight the ruling that its decision was based on information “riddled with inaccuracies, major evidentiary gaps, erroneous assumptions and faulty analysis.”
Nascent Technology looks to take image analytics from the factory floor to the terminal gate.
The Bureau of Industry and Security and State Department posted proposed rules to move certain firearms and ammunition from the U.S. Munitions List to the Commerce Control List.
The logistics technology startup snags $7 million from Wavemarker Partners to finance global expansion.
One thousand Carrier Transicold PrimeLINE units will increase the Taiwan carrier’s refrigerated cargo capacity by about 24 percent.
The Massachussets Port Authority is soliciting interest from the private sector to purchase three Neopanamax container cranes to be used at its newest Conley Terminal berth.
