The 17th richest person in Taiwan, Chang was known as a bit of a maverick in the ocean shipping industry, as well as a philanthropist and environmental advocate.
The parcel carrier, many of whose clients are large retailers, was hit hard by a holiday shopping season that “fell far short” of expectations, according to court filings with the U.S. Bankruptcy Court in Newark, N.J.
Maersk Group recently announced it was upping the amount of paid maternity leave it will offer female employees, a positive move by the global liner carrier.
Effective March 1, 2016, truckload carrier U.S. Xpress will increase base mileage pay by an average of 13.5 percent for solo drivers with clean driving records for the previous 12 months.
The Danish supply chain specialist’s $1.35 billion merger agreement with struggling third-party logistics provider UTi Worldwide is expected to close Friday.
The Polish Port, which made numerous investments throughout 2015, handled 35.9 million tons of cargo during the year, an 11.3 percent increase from 2014.
Truck tonnage growth decelerated toward the end of 2015 and could slow further in coming months because of inventory overhang, according to the American Trucking Associations.
The Saudi Arabian port reached a throughput of 1.3 million TEUs in 2015 and opened its fourth berth during the year, which gave it the capability to handle over 2.7 million TEUs a year.
Cargo volumes at Hong Kong International Airport totaled 4.38 million tons in 2015, a 0.1 percent increase from the prior year.
The new platform makes it easier for warehouse users to find facilities for rent or sale on port property.
The industrial real estate development and management firm sold a 174,400-square-foot facility within the DuPage Business Center in western Chicago, Ill. to Simpson Manufacturing Company.
Port Corpus Christi lines up 2016 commission officers, while Polymer Logistics names sales VP and HMI/Gulf Marine appoint new CEO.
The Northern California port says there is ample capacity to absorb cargo business at other Oakland terminals after a “unilateral” decision to depart by the joint operators of Outer Harbor Terminal LLC.
The Northern California port says there is ample capacity to absorb cargo business at other Oakland terminals after a “unilateral” decision to depart by the joint operators of Outer Harbor Terminal LLC.
European terminal operators say they want implementation guidelines for the new IMO rules requiring shippers to provide the verified gross mass of containers that “do not create competitive distortions between member states.”
XPO Logistics Chief Executive Officer Brad Jacobs told a conference in Atlanta that the 3PL won’t buy any companies in 2016 and will instead focus on digesting recent major acquisitions and reshaping its sales force.
An official for the canal told the SMC³ conference in Atlanta that the authority is targeting two to four services that currently use the Suez once its widened locks are opened in early second half 2016.
After announcing an integration partnership last week, both JDA and INTTRA separately told American Shipper more such arrangements are planned for this year.
Although the Federal Railroad Administration doesn’t have the authority to block railroad mergers, Administrator Sarah Feinberg told the Wall Street Journal there are “significant safety hurdles” to any merger involving a major U.S. railway.
Wan Hai, Mitsui O.S.K. Lines (MOL), Interasia Lines (IAL) and Pacific International Lines (PIL) will commence a new liner service between China, Southeast Asia and the Indian Subcontinent next month.
