The freight forwarder and customs broker has merged with Fred P. Gaskell Co. of Norfolk, Va., effective Nov. 1, 2016, according to a statement from the company.
The global shipping consultancy said there will be minimal aggregate multipurpose fleet growth to 2020, due to increased demolition levels in the multipurpose and competing sectors, combined with the decreased number of newbuilding orders.
Bellevue, Wash.-based Radiant Logistics has entered into a letter agreement, by which, through its wholly-owned subsidiary, Wheels International Inc., it has expressed its intent to acquire Lomas Logistics.
Global Logistic Properties is seeking potential buyers as part of its independent strategic review, the company said in a statement to the Singapore Stock Exchange, confirming media reports from the Wall Street Journal and Bloomberg.
The International Air Transport Association has asked shippers to take a short survey on their experiences using airfreight providers in order to learn how airlines can improve service.
Combined United States carload and intermodal cargo volumes increased for the second consecutive month in December 2016, but the growth was not enough to offset several months of previous year-over-year declines.
Page International promotes director of sales and GlobalTranz hires senior vice president of carrier relations.
The ports of Philadelphia and Wilmington are planning infrastructure improvements as a project to deepen the river nears completion.
NYK, “K” Line and MOL each reviewed the past year and plans for the future, including the new joint venture between the three companies, which they plan to form in July.
Omaha, Neb.-based Class I railway Union Pacific has acquired the refrigerated and cold storage distribution assets of Railex LLC in Delano, Calif.; Wallula, Wash.; and Rotterdam, N.Y.
Danish shipping company Maersk Line and Chinese e-commerce marketplace Alibaba teamed up to provide sellers direct bookings with the container line, marking another development in the rapidly changing ocean freight procurement space.
Positive infrastructure change for the good of the airline industry seems to be an uphill battle, but air traffic control company NATS argued if the United Kingdom’s air infrastructure is not upgraded soon, airline delays will skyrocket.
Robert Lighthizer, a lawyer with a long background in trade issues, will lead the Office of the U.S. Trade Representative.
The international shipping organization said 2017 will be another die-hard year of competition and it projects the container shipping segment to see a net fleet growth of around 3.1 percent in 2017 compared with an estimated 1.1 percent in 2016.
The Pacific Merchant Shipping Association said container terminals at the ports of Los Angeles and Long Beach had an average container dwell time of three days in November.
The nationwide trucker and third-party logistics provider said the stock would be traded on the New York Stock Exchange under the ticker symbol SNDR.
The newly created entity will be led by Martin Klepper, a senior partner in the Energy and Infrastructure Project Group at Skadden, Arps, Slate, Meagher & Flom, LLP.
Air Transport Services Group subsidiary Airborne Maintenance and Engineering Services has purchased Tampa, Fla.-based PEMCO World Air Services for an undisclosed amount, the company said in a statement.
The 4,250-TEU APL Denver collided with the 2,495-TEU Wan Hai 301 late last night near Pasir Gudang Port in Johor, Malaysia, causing fuel to spill from one of the ship’s bunker tanks, according to Maritime and Port Authority of Singapore.
Railway employment levels in the United States have now fallen in 17 of the last 19 months, according to recent data from the U.S. Surface Transportation Board.
