Executive Moves: Ioxus and Glander Bunkering
Dale Spencer and Andreas Maierhofer have new roles.
Dale Spencer and Andreas Maierhofer have new roles.
The port terminal operating arm of the Chinese state-run conglomerate reported net earnings of $69 million, an 84.3 percent increase from the prior year.
Move follows consolidation of its liner business with that of Japanese competitors.
Further gains likely as port adds capacity to handle temperature-controlled cargo.
Economist says, “The levels of freight will remain good going forward.”
Winsor Hill Hauling and CDE are charged with conspiracy and false statements.
Calista is intended to be an open and global digital supply chain orchestration platform other port and logistics providers can use.
The move comes one year after the freight forwarder launched service in the other direction.
Mississippi man accepted cash in exchange for falsified paperwork
Internet of Things provides more transparency in fleet management
The 315,000-square-foot facility will house forwarding, warehouse and distribution operations
Senators are told, “American cargo owners are saying their equipment is getting stuck, their cargo is getting stuck at these inland places.”
A controversial provision that would have privatized the nation’s air traffic control system has been dropped.
The shared-space distribution model is designed to shorten transit times without adding overhead.
The Class I railway increased its year-over-year net income, revenues and volumes.
Kenneth Wagers is named COO and Troy Cooper is promoted to president.
The companies believe FBX will set the stage for future derivative financial instruments.
Oregon Congressman Pete DeFazio is “hopeful” money will be dispersed from the projected $10 billion Harbor Maintenance Fund balance.
Airfreight tonnage rose by more than 20 percent, with strong growth recorded for exports from North America.
The Hong Kong-based ocean carrier projects an annual cost savings of $10 million from improved network operations and efficiency.