Saddle Creek Logistics Services adds senior director of business development, while Port of Price Rupert vice-president of commercial and regulatory affairs and general counsel steps down.
The Singapore-based containership lessor, which has a fleet of 14 Panamax ships, said it will wind up operations in the wake of defaulting on loans.
The independent investment and asset management firm is launching MPC Container Ships AS, an investment vehicle focused on feeder vessels with between 1,000 TEUs and 3,000 TEUs of capacity, the company said in a statement.
Sinotrans & CSC, parent company of the largest freight forwarder in China, has become a wholly-owned subsidiary of transportation, finance and real estate conglomerate China Merchants Group.
Federal Railroad Administration inspectors have discovered nearly 24,000 defects, including worn rails, broken or loose bolts, and cracked steel bars on rail lines used to transport crude oil, according to a report from the Associated Press.
The Danish ocean carrier took delivery of the world’s largest box ship on Tuesday, the 20,568-TEU Madrid Maersk.
Hong Kong-based containership lessor Seaspan said Graham Porter resigned as a director of the company, and has been replaced by The Washington Companies President, CEO and Director Larry Simkins.
The Swiss-based third-party logistics provider signed a memorandum of understanding (MOU) with Alibaba.com, combining its global logistics network with Alibaba’s expertise in B2B e-commerce to offer China-based shippers e-commerce logistics solutions.
Malta-based paperless solutions provider essDOCS has now acquired TridentGLOBAL after recently announcing its acquisition of eCertify just last month.
The Europe-Mediterranean service will change its port rotation and offer feeder connections via Beirut to two Syrian ports, according to ocean carrier MSC.
The refrigerated warehouse specialist now has over 165 facilities around the world with more than 145 in the U.S.
American Trucking Associations hires director of strategic communications, while Worldwide Flight Services appoints global head of people.
The third-busiest port complex in North America has spent billions raising the Bayonne Bridge and dredging New York harbor in preparation for larger containerships.
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Currently general manager for ride-sharing firm Lyft in Southern California, Kan has also served on the board of directors for Amtrak since 2015, the White House said in a statement announcing his nomination to Under Secretary of Transportation for Policy.
Shippers, forwarders and non-vessel-operating common carriers are concerned about carriers’ financial stability, quality of customer service and reliability, according to a joint survey by Drewry and the European Shippers’ Council.
The U.S. Maritime Administration (MarAd) estimated the nation has a shortage of around 2,000 mariners, and one logical way to overcome the shortage would be to add 40-45 vessels to the U.S. commercial fleet, MarAd Executive Director Joel Szabat said.
The 3,100-acre multimodal industrial site in Baltimore entered into a 10-year agreement with Host Terminals to oversee the vast majority of marine cargo operations.
