DHL introduces Postbus Courier
The forwarder is currently testing Postbus Courier, a new service for urgent parcel deliveries, between Berlin and Hamburg, Germany.
The forwarder is currently testing Postbus Courier, a new service for urgent parcel deliveries, between Berlin and Hamburg, Germany.
The Hamburg, Germany-based carrier opened two new offices in Rio de Janeiro, Brazil and Dubai, United Arab Emirates.
Ocean carriers CMA CGM, Hapag-Lloyd, MOL and OOCL issued general rate increases.
The deal would merge the world’s third largest and 12th largest container carriers, creating a combined company with 563 ships with capacity of about 2.4 million TEUs and annual revenues of $22 billion.
The deal would merge the world’s third largest and 12th largest container carriers, creating a combined company with 563 ships with capacity of about 2.4 million TEUs and annual revenues of $22 billion.
Norfolk Southern said in a statement it is better off sticking with its existing strategy, adding that it thinks a merger of that size would have faced slim odds of being approved by regulators.
Following the National Labor Relations Board ruling, ICTSI Oregon, operator of Portland’s sole container terminal, is calling on the International Longshore and Warehouse Union to get the facility back to full productivity.
Although rates from Shanghai to the Mediterranean rose 24.6 percent since last week, rates from Shanghai to Northwest Europe sank 50.4 percent.
The Organization of the Petroleum Exporting Countries met in Vienna, Austria Friday to discuss policy, and the group appeared unlikely to cut oil output levels, which could exacerbate global oversupply.
ZIM will join the CKYHE Alliance’s AWE1 and AWE8 services, while Hanjin will join the Israeli ocean carrier’s Z7S service later this month.
Hampton Roads chassis pool will use IAS to develop ChassisManager, which is designed to bring the beneficial cargo owners into the billing equation based on based on their carrier- or merchant-haulage contracts.
Net orders for North American Class 8 trucks tumbled 59 percent year-over-year in November, according to preliminary data from freight forecaster FTR Transportation Intelligence.
The shipping company commenced its CTX5 service last week between Hong Kong, China and Southeast Asia.
Trucking carrier Old Dominion Freight Line, Inc. reported less-than-truckload tons per day grew 4.4 percent and 3.1 percent year-over-year in October and November despite indications U.S. shipping would slow in the fourth quarter.
China State Shipbuilding Corporation plans to build a 38,800-dwt bulk carrier in 2016 that will be “based on big data” and feature up-to-date information technology including real-time data transmission and collection, digital modeling and remote control.
The Russian port operator and stevedoring company posted net profits of $156.5 million on consolidated revenues of $654.7 million for the first nine months of 2015.
UPS’s agreement with Connect India is intended to give small businesses and artisans access to the parcel giant’s global reach though a network that reaches more than 8,000 small towns and semi-urban areas.
3GTMS has appointed a new chief operating officer, while CEVA Logistics names contract logistics manager for Iberia region.
The Fixing America’s Surface Transportation Act of 2015, the first multi-year highway and infrastructure spending bill passed by Congress in over a decade, includes a provision for the reauthorization of the shuttered Export-Import Bank.
The five-year surface transportation reauthorization includes many elements favored by freight advocates, but some are disappointed that customs fees are being diverted to help pay for the bill.