Hapag-Lloyd, UASC in merger talks
German ocean carrier Hapag-Lloyd revealed it is discussing a possible merger with United Arab Shipping Company.
German ocean carrier Hapag-Lloyd revealed it is discussing a possible merger with United Arab Shipping Company.
German ocean carrier Hapag-Lloyd revealed it is discussing a possible merger with United Arab Shipping Company.
Ocean carriers CMA CGM, COSCO, Evergreen Line and OOCL revealed they will form a new alliance next April.
Ocean carriers CMA CGM, COSCO, Evergreen Line and OOCL revealed they will form a new alliance next April.
The Panama Canal Authority began taking reservations for larger ships that will be able to transit through the Panama Canal once the new, larger locks open for regular business June 27.
BB&T freight analyst Tom Albrecht told the LeanLogistics user conference Tuesday that there’s no single driver of loose capacity in domestic transportation markets.
Several trade associations, led by Cargo Network Services, will host an air cargo regulatory conference in the Washington, D.C. area in October.
Canadian Pacific experienced a 4 percent year-over-year drop in revenues for the first quarter of 2016 to C$1.59 billion.
The NCBFAA and CAAAREM will work together on government advocacy, continuing education, marketing and sharing industry best practices.
The intermodal and trucking provider posted net earnings of $100.1 million for the first quarter of 2016, along with earnings per share of $0.88 cents, which surpassed analyst projections of $0.85 per share.
Freight transportation analyst firm FTR said U.S. truck trailer orders for March fell 35 percent over the previous month to 13,800 units.
The New York Shipping Association’s reduced assessment will apply to about 60 percent of import containers that move to within 260 miles of the port.
Pulse Canada has asked the Canadian government to postpone the sunset provisions of the Fair Rail for Grain Farmers Act, which will take effect Aug. 1.
Liner carriers Wan Hai and IAL will launch a service between China and Southeast Asia next week.
The paperless trade solutions provider opened an office in Shanghai, marking its first office in the Chinese market.
The Port of Jacksonville appointed a senior director of facilities development, while Lamar University named an executive director of its new Center for Advances in Port Management.
The Swiss-based third-party logistics provider increased net profits 10.5 percent year-over-year to 169 million Swiss francs for the first quarter of 2016.
Delivery robots designed by Starship and a startup called Dispatch will begin transporting goods from local businesses directly to customers later this year.
U.K. chemical companies’ 50 billion pounds in annual exports may be threatened if Britain votes to leave the European Union as trade agreements will have to be redrawn.
ZIM Pacific Atlantic Service (ZPA) will start in early May and offer connections from the U.S. East Coast to South Korea and China.