DHL Express appoints Markus Reckling as the new chief executive for Germany, while Mitsui O.S.K. Line (MOL) names chief country representative in Turkey.
Forwarders and NVOs are accustomed to adapting to complex markets and new competitors, but is this time different?
Union official says labor wants to be constructive partner in trade deals
U.S. would be wise to focus on state-owned enterprises, not currency
While A.P. Moller-Maersk plans to narrow its focus to transportation and logistics, the foundation that owns a controlling stake in the company will move in its own direction, Ane Maersk Mc-Kinney Uggla said.
Activist investor Paul Hilal’s hedge fund was looking for a swift and amicable transition for outgoing Canadian Pacific President and CEO E. Hunter Harrison to join U.S. Class I railroad CSX, but negotiations have taken a decidedly hostile turn this week.
The union and employers said contract discussions 19 months prior to the expiration of the current contract “demonstrates the commitment each side has to maintaining stability and growth.”
The Israeli ocean carrier signed up with Alibaba to allow customers of the e-commerce site to book space on its vessels, Reuters reported.
Rates from Shanghai to North Europe fell 6 percent since last Friday to $858 per TEU, according to the Shanghai Containerized Freight Index.
The Port Authority of New York and New Jersey awarded a contract to Union Paving and Construction Co., Inc. for upgrades at the Greenville Yard.
Changes are being made to the alliance’s TA2/NEUTAL2 loop effective April 1.
The cloud-based import management platform, founded in 2015, helps shippers track forwarders, customs documentation, and trucking and drayage services.
Smart Logistics Group-Operating provides warehouse and logistics services to a wide variety of customers, a few of which include Microsoft, Pepsi, Danone, Castorama, Kimberly-Clark, Haier and Cargill.
The Doha-based airline has initiated additional pharmaceutical freighter flights from Basel, Switzerland and Brussels to Doha.
Less-than-truckload carrier Southeastern Freight Lines has opened a new service center in Garland, Texas, its fourth in the state over the past 18 months.
Canadian Pacific Railway names chief marketing officer, while Troy Container Line promotes FCL export manager.
Several months after filing for court receivership in its native South Korea, former seventh-largest container carrier Hanjin Shipping has officially been declared bankrupt, according to a report from Reuters news service.
The Allied Pilots Association, the union that represents American Airlines’ more than 15,000 pilots, said it has lost confidence in Chief Executive Officer Doug Parker’s leadership abilities due to “questionable economic and strategic decisions.”
Some of Fortress Investment Group’s transportation-related holdings include Florida East Coast Railroad, Trac Intermodal, and Seacube Container Leasing.
Singapore-based Rickmers Maritime reported a net loss of $48.4 million for the fourth quarter of 2016, which was an improvement from the $129.6 million net loss for the fourth quarter of 2015.
