PIL Logistics Egypt Limited’s new facility offers warehousing, distribution, inventory management, value added service, and order fulfilment services.
The Customized Logistics and Delivery Association picks new executive director and the Alabama State Port Authority names board chairman, while the Port of Melbourne selects CEO and the Nautical Institute appoints chief executive.
The South Korean government revealed plans earlier this week to order more than 250 vessels and extend 6.5 trillion won in financing by 2020 to prop up a shipbuilding industry that continues to suffer from weak demand and mounting losses.
The global freight forwarder will use CargoSphere’s ocean freight Rate Mesh network to drive access to more current, accurate rates and quicken its quoting capability to customers.
The U.S. Department of Transportation is soliciting applications for fiscal year 2017 FASTLANE grants from public sector entities interested in developing freight infrastructure projects.
Japan’s three largest shipping companies, which have agreed to merge their container divisions, have reported their financial results for the first six months of the fiscal year ending March 31, 2017.
Perry Bourne, director of international transportation and supply chain management at Tyson Foods, is calling on terminals to help mitigate the impact of big ships on cargo flows.
The Hong Kong-based carrier transported 5.2 percent more containers in the third quarter of 2016 compared to a year earlier, but average revenue per TEU for the quarter fell 18.1 percent year-over-year.
Total deal value and volume in the transportation and logistics industry in third quarter 2016 fell 30 percent and 11 percent, respectively, from the previous quarter, according to a new report from PricewaterhouseCoopers.
Volvo Trucks North America has repaired all of its heavy-duty trucks that were under recall for a steering problem.
Japan’s three largest ocean carriers said Monday in Tokyo they will merge their container operations in mid-2017 to form what would be the sixth largest line, continuing a recent trend of industry consolidation.
The global freight forwarder will use CargoSphere’s ocean freight Rate Mesh network to drive access to more current, accurate rates and quicken its quoting capability to customers.
Japan’s three largest ocean carriers said Monday in Tokyo they will merge their container operations in mid-2017 to form what would be the sixth largest line, continuing a recent trend of industry consolidation.
The Hong Kong-based carrier transported 5.2 percent more containers in the third quarter of 2016 compared to a year earlier, but average revenue per TEU for the quarter fell 18.1 percent year-over-year.
U.S. gross domestic product increased 2.9 percent in the third quarter of 2016, according to the “advance” estimate from the Department of Commerce, following a revised increase of 1.4 percent in the second quarter.
In addition to the six 13,010-TEU Hanjin Shipping vessels to be chartered to Maersk Line, a group led by HSH Nordbank could also acquire another three ships and lease them out to Maersk’s 2M Alliance partner MSC, according to multiple media reports.
The truckload transportation and logistics services provider reported a net income of $23.4 million on $280.5 million in revenues in the third quarter of 2016, year-over-year decreases of 22.9 percent and 6.5 percent, respectively.
Pacific Merchant Shipping Association President John McLaurin said emissions could just end up being switched to other parts of the country.
The Shanghai Containerized Freight Index increased 11.3 percent from last week to a reading of 884.95, thanks to sharp increases from Shanghai to Northwest Europe and the Mediterranean.
The International Brotherhood of Teamsters has asked the National Mediation Board to investigate whether two subsidiaries of the Air Transport Services Group should operate as one.
