The nationwide trucker and third-party logistics provider said it hopes to raise between $281 million and $359 million with the initial public offering, and provided details on how it plans to use the proceeds.
Two more berths will be added to the Pasir Panjang Terminal 5, increasing annual handling capacity from two million TEUs to four million TEUs.
The Rhenus Group has acquired a 40 percent shareholding in ocean vessel owner and manager ARKON Shipping GmbH & Co., according to a joint statement from the companies.
U.S. District Court Judge Katherine Forrest found the parcel giant and third-party logistics provider violated state law by transporting hundreds of thousands of cartons of untaxed cigarettes into New York City from lower-tax areas.
The Port of Houston’s port commission approved contracts for the design of the Wharf 3 rehabilitation at the Barbours Cut Container Terminal and for the design of Container Yard 7 at the Bayport Container Terminal.
South Korean shipyards exited the business of making cranes a decade ago because of stiff compeitition from Chinese makers.
Federal Maritime Commission Acting Chairman Michael A. Khouri said the updated carrier agreement library will help people save time and money.
YRC Worldwide appoints chief information officer, while CenterPoint Properties names eastern region senior vice president and Actisense hires operations supervisor.
Promoters of a plan to connect the Alaska Railroad to the rest of the North American rail system say it could create new opportunities to exploit natural resources in the Far North and improve the lives of Canadians and Alaskans in remote inland locations.
Trucking industry executives visited the White House Thursday afternoon to talk about issues that affect their businesses.
Negotiations between the United States and European Union on the Transatlantic Trade and Investment Partnership free trade agreement may still be on the table despite assumptions to the contrary, according to a report from Agence France-Presse.
The Hong Kong-based third-party logistics provider increased earnings in 2016, and looking ahead, expects to complete the acquisition of a controlling stake in a Dubai-based freight forwarding group in May.
However, rates from Shanghai to Europe and the Mediterranean both fell 0.5 percent since last Friday.
Crane Worldwide’s services include air, ocean, trucking and customs brokerage, which are expected to boost DAVACO’s global reach and ability to support brand initiatives directly from the manufacturing plant.
CSC, a large U.S. refined sugar importer and exporter, has commenced a new packaging and distribution operation at the Port of Brownsville this week.
However, the global port operator increased container throughput by 5.5 percent from 2015.
Star Cool CA+ was established to extend the market reach of sensitive, low-respiring perishables, building on Maersk Container Industry’s Star Cool CA system for high-respiring fresh produce.
Ocean carrier Trailer Bridge is offering an additional service from the Port of Jacksonville’s Blount Island Marine Terminal to the Dominican Republic’s Santo Domingo port.
Rep. John Delaney, R-Md., this week filed two bipartisan bills that would fund the rebuilding of ailing U.S. transportation infrastructure with revenues from a one-time bond sale to U.S. corporations and long-term international tax reform.
New search features added Adam Smith Project’s TradeTracker
