Analysts weigh in on Infor’s Koch funding
Most anticipate Koch’s $2 billion infusion in Infor will enable it to target larger customers with its cloud-based approach, centered around its GT Nexus commerce platform.
Most anticipate Koch’s $2 billion infusion in Infor will enable it to target larger customers with its cloud-based approach, centered around its GT Nexus commerce platform.
Ten cranes at APM Terminals’ Pier 400 at the Port of Los Angeles are being lifted higher to reach across mega-size container vessels being deployed on the transpacific shipping lane.
The Pacific Merchant Shipping Association will start publishing the average container dwell times at 12 marine terminals in the ports of Los Angeles and Long Beach on a monthly basis to help supply chain efficiency efforts.
The Shanghai Containerized Freight Index fell 1.3 percent from last Friday to a reading of 825.10.
The automaker said it will keep open a production line for one of its models at a Kentucky plant instead of relocating it to Mexico and President-elect Trump hailed the decision.
Officers were elected this week to head the Waterways Council and National Waterways Foundation.
Atlanta-based shipping and logistics provider UPS said it will invest more than $175 million to expand its main Columbus, Ohio ground package hub, which is located on 90 acres on the city’s west side.
Union Pacific appoints three senior executives, while Suttons Group names managing director of international operations.
However, the French ocean carrier said it has fully repaid a loan used to acquire Neptune Orient Lines and its APL container shipping subsidiary.
The Democratic caucus picked leaders Wednesday and Sen. Tom Carper of Delaware will be the ranking Democrat on the Environment and Public Works Committee.
Truck trailers orders reached 20,200 units in October, 72 percent over the previous month, but down 38 percent year-over-year, according to industry analyst FTR.
BNSF Railway Co. and Kansas City Southern will offer a new joint intermodal service connecting shippers in the Chicago and Dallas/Fort Worth areas, as well as other major markets along BNSF’s rail lines to the Kansas City Southern de México network.
The National Customs Brokers and Forwarders Association of America said it supports the proposal by U.S. Customs and Border Protection to electronically publish notices of liquidation, along with suspensions and extensions of liquidations.
NYK Ports acquired a 20 percent share in Maher Terminals, which operates the largest terminal at the Port of New York and New Jersey.
The Honolulu-based ocean carrier said the two vessels will be the first of their kind to serve the Hawaii-Mainland trade lane, operating fully on liquefied natural gas from day one in service.
With the addition of the East Midlands Airport, the London Stansted Airport and the Copenhagen Airport, Etihad Cargo now has nine freighter destinations in Europe.
NEHDS Logistics names president, while CVI International appoints VP of business development and sales.
The Taiwanese government announced a $1.9 billion aid package for the country’s shipping industry, which both Yang Ming and Evergreen Line would be eligible for.
A new supply chain analytics benchmark study from American Shipper found that manufacturers are relying on analytics based on historical data almost twice as much as retailers and LSPs.
The port authority’s board of commissioners approved two contracts worth $217 million for 86 rail-mounted gantry cranes, with 60 of the cranes going to Norfolk International Terminals and the additional 26 cranes going to Virginia International Gateway.