Alphaliner: Decision expected this week on future of Hamburg Süd
The industry analyst said it believes Maersk Line and CMA CGM are “frontrunners” in acquiring the German carrier.
The industry analyst said it believes Maersk Line and CMA CGM are “frontrunners” in acquiring the German carrier.
The heating, air-conditioning and refrigeration solutions provider said it is backing off plans to shift production from a plant in Indiana to Mexico after striking a deal with President-elect Donald Trump and the state of Indiana.
The International Longshoremen’s Association said collective bargaining issues will be discussed at the informal meetings in Delray Beach, Fla. from Feb. 13-16, and locals from Maine to Texas are invited to participate.
Crowley Logistics Inc. has been awarded a multi-year contract by the U.S. Transportation Command to provide transportation and related services supporting U.S. Department of Defense activities in the U.S. and Canada.
Port workers in Brazil are expected to begin a 24-hour strike today, according to a report from Reuters news service.
The ocean carrier alliance will skip one sailing each on the AX1 and AX2 loops.
FourKites adds senior leaders, while Norfolk Southern appoints new board members and Central Maine & Quebec Railway names executive chairman and CEO.
The Prologis Oakland Global Logistics Center, a new warehouse complex being constructed on a former military installation, adjacent to both the Port of Oakland and the San Francisco-Oakland Bay Bridge.
Elaine Chao has served as Secretary of Labor under President George W. Bush and Deputy Secretary of Transportation under President George H.W. Bush.
Fellow South Korean ocean carrier Hyundai Merchant Marine expects to finalize the purchase of a 100 percent stake in Total Terminal International Algeciras in late December, subject to due diligence, the company said in a statement.
The World Trade Organization has found one of seven separate Boeing tax incentives identified by the European Union to qualify as subsidies since it is contingent on the use of domestic goods over imported ones, according to a statement from the WTO.
Shipment volumes in October 2016 grew 0.9 percent from the previous month and 2.7 percent compared with the same 2015 period, the first year-over-year increase in 20 months, according to the latest Cass Freight Index Report.
German bank and shipping financier HSH Nordbank is holding discussions in London with the Bank of China, as well as global investment groups Apollo and Lone Star, about a potential sale, according to a report from Reuters news service.
Major freight railroads in the United States employed 151,900 workers as of the middle of October 2016, down 0.38 percent from the previous month and 8.28 percent year-over-year, according to data from the Surface Transportation Board.
The B20 is now called the Global Business Coalition, with the mission to advocate for economic growth policies before national and international authorities.
The countries of Dominica and Mongolia have become the latest members to ratify the World Trade Organization’s Trade Facilitation Agreement, the global trade body said in a statement.
Matson spokesperson Keoni Wagner told American Shipper that the move to the AWS Cloud was a phased process, which began in the fall of last year and was completed in August.
Mitsui O.S.K. Lines, Ltd. (MOL) has teamed up with Mitsui & Co., Ltd. and AKOFS Offshore AS to purchase a subsea support vessel through a new joint venture company, Avium Subsea AS.
The Japanese liner carrier’s decision to add another roll-on/roll-off service from Thailand to Australia stemmed from the rise in imported vehicles in the Australian automobile industry.
Vancouver Fraser Port Authority in British Columbia, Canada appoints new chief financial officer, while Scandinavian Shipping & Logistics tabs new managing director.