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
Oft-overlooked aspect of corporate compliance is thorough vetting of overseas visitors
Korea Development Bank, DSME’s largest shareholder and main creditor, and the Export-Import Bank of Korea said they would provide funds to boost the shipbuilder’s cash flow and convert its liabilities into equity to cut debt.
After falling in 19 of the previous 21 months, railway employment levels in the United States in February 2017 ticked up 0.28 percent from the previous month, according to recent data from the U.S. Surface Transportation Board.
The Athens, Greece-based containership lessor has entered into a Securities Purchase Agreement with Kalani Investments for the sale of up to 150,000 newly designated series B-1 and B-2 preferred shares, according to a statement form the company.
The U.S. Department of Agriculture’s Food Safety and Inspection Service said it will step up pathogen testing on all shipments of raw beef and “ready-to-eat” products from Brazil, instead of imposing a ban on these imports.
The Port of Savannah’s Garden City terminal received the first of four new neo-Panamax ship-to-shore cranes, and the remaining three will arrive by late April.
The airfreight carrier’s cargo volumes from Europe to Asia Pacific jumped 23 percent in the first two months of 2017 thanks to “widely reported” capacity constraints in ocean shipping, according to David Shepherd, commercial director at IAG Cargo.
The Washington State Supreme Court decision affirmed an appellate ruling that found the port’s lease with Vancouver Energy for a proposed crude oil transfer terminal complies with the State Environmental Policy Act (SEPA).
The express airfreight carrier division of FedEx Corp. will commence a new freighter service between subsidiary TNT Express’ air hub in Liège, Belgium, to the FedEx World Hub in Memphis, Tenn. in early April 2017, the company said in a statement.
The new Liverpool2 container terminal, link-span bridge at the Port of Heysham, and the newly-opened Bay Gateway are expected to increase economic prosperity in Lancashire, the port operator said.
The inland river port in Oaklahoma shipped 256,488 tons of waterborne cargo in February, down slightly from one month prior.
