The logistics provider will expand its presence into Mexico via its subsidiary, BNSF Railway Servicios de Logistica, located in Queretaro, Mexico.
The logistics real estate owner will begin constructing a logistics center at the German port in May 2017.
Benoit de la Tour, president of terminal operating systems provider Navis, which is extending its reach beyond the terminal, stressed the need to simplify supply chain complexity, noting how the industry is behind in digitalization.
The Jacksonville, Fla.-based Class I railway saw net earnings tick up 1.6 percent to $362 million for the quarter even as revenues jumped 9.6 percent to $2.87 billion compared with the same 2016 period.
The Hamburg-based maritime services provider’s owner, Bertram Rickmers, could see his stake reduced to 24.9 percent under the deal.
Shipment volumes for the month grew 0.5 percent from February and 0.9 percent from March 2016, while expenditures were down 1.2 percent sequentially but up 3 percent year-over-year, according to the latest Cass Freight Index Report.
The Canadian Class I railway’s profit for the quarter tumbled 20.2 percent year-over-year, despite modest increases in revenues and volumes.
The invitation-only event will be held May 3 as part of the port authority’s effort to develop a master plan.
Samskip Logistics USA’s acquisition of Rimar Consultants is increasing Samskip’s reefer portfolio.
The weekly AL1 service, operated by “THE” Alliance, made its first call to the Packer Avenue Marine Terminal Wednesday with the 4,600-TEU YM Essence.
The east-central Canadian province recorded a 262 percent year-over-year increase in reported cargo thefts during the first quarter of 2017, mostly occurring in the Greater Toronto area.
Tank storage company and terminal operator Royal Vopak’s expansion at the Port of Santos will add 16 new tanks, boosting the terminal’s total capacity to 235,000 cubic meters.
The digital freight forwarder is scheduled to open more offices in South America later this year.
The Oklahoman port handled 244,311 tons of cargo during the month, accounting for 21 percent of the total cargo shipped through the McClellan-Kerr Arkansas River Navigation System.
The Port of Virginia names new vice president of ocean carrier sales, while Tiger Cool Express promotes chairman and hires president, and SEKO Logistics appoints president of Aerospace & Aviation division.
Shippers, carriers and terminals swapped accusations in their filings with the Federal Maritime Commission that their positions on detention and demurrage charges are being mischaracterized.
British Prime Minister May calls for June election to foster harmony over Brexit
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The Chicago-based technology company, which has been a leading voice in driving acceptance of API connectivity, launched an offering that integrates multimodal data.
