The crowdsourced last-mile delivery specialist Deliv has purchased New York City-based Zipments, its second such acquisition, according to a statement from the company.
Shipment volumes and expenditures both slowed from the previous month and the same 2014 period, according to the latest Cass Freight Index Report.
Nearly a dozen global terminal operators formally expressed interest in bidding on the construction and long-term concession of the new Port of Corozal, according to a statement from the Panama Canal Authority.
MCI’s new factory is the first facility for making refrigerated containers outside of China.
A Temando survey conducted by Research Now revealed that 76 percent of all retailers are not well prepared to handle shipping delays and uncertainty during the holiday season.
Cargo thefts in the United States were up 7 percent in value despite falling 18 percent by volume in the third quarter of 2015 compared with the second quarter, according to the FreightWatch International Q3 2015 U.S. Cargo Theft Report.
Cargo throughput at Heathrow has remained relatively unchanged, but the value of UK exports via Heathrow has increased 9.7 percent over a 12-month period.
The Swiss-based third-party logistics provider’s aerospace hub in Dubai Logistics City secured new contracts with Gulfstream Aerospace Corporation and Avtrade.
The third-party logistics provider’s new license allows the company to operate as a full fledged forwarder after operating in China for several years on a limited basis as an NVOCC.
Deutsche Post DHL Group reported consolidated net profits of 49 million euros for the third quarter of 2015, an 89.5 percent year-over-year decline, which primarily resulted from a decline in earnings before interest and tax.
Leaders from the BlueGreen Alliance and its allies discussed four ways in which the Trans-Pacific Partnership falls short at a press teleconference yesterday.
The Port of Long Beach set a record for container volumes in October, while the Port of Oakland reported declining overall volumes, but both ports reported a surprising lack of demand for imports by retailers.
Combined with the sweeping Trans-Pacific Partnership free trade agreement signed last month, the Chinese policy could help “ignite new trade,” according to Federal Maritime Commissioner Richard A. Lidinsky.
Orbis Investment Management has increased its stake in the acquisition-heavy third-party logistics provider from less than 4 percent to over 12 percent, according to a filing with the U.S. Securities and Exchange Commission.
General Electric and France’s Alstom have been awarded contracts of $2.6 billion and $3 billion, respectively, to help India modernize its outdated state-owned railroad network.
Chief Financial Officer Frank Lonegro reiterated the railway’s 2015 financial projections and outlined expectations for key markets in 2016 at the Baird Industrial Conference in Chicago Tuesday.
A total of 9.7 million tons of cargo were transported by U.S.-flag Great Lakes freighters in October, which represents a 13.7 percent decline from October 2014.
The Doha, Qatar-based cargo airline launched two routes this week between India and Qatar, both of which are dedicated to serving the pharmaceutical industry.
The Federal Aviation Administration has proposed a $68,000 civil penalty against City of Industry, Calif.-based Unical Aviation for allegedly violating the nation’s hazardous materials rules.
U.S. Customs and Border Protection seized over 5,000 pieces of counterfeit soccer apparel items near the Washington Dulles International Airport Nov. 2.
