Fraport AG sold a 51 percent share in its Frankfurt-based subsidiary Fraport Cargo Services GmbH to World Freight Services, the largest independent air cargo handler.
The Chattanooga, Tenn.-based logistics services provider has partnered with PINC Solutions to explore the use of drones for the management of warehouse systems and yard operations.
The Japanese airline commenced a new service between Brussels and the Narita International Airport in Tokyo, Japan.
The forwarder invested $1.5 million to construct a new service center adjacent to the Washington Dulles International Airport.
The Itasca, Ill.-based logistics services provider has tripled its warehouse operations in California, according to a statement from the company.
V3 Transportation adds a senior advisor, while the Port of Long Beach Board of Harbor Commissioners names chief of staff.
In response to weak demand, Maersk has also cancelled options for eight containerships – six 19,630-TEU vessels and two 3,600-TEU feeder ships – and could cancel eight more, according to the Danish shipping conglomerate.
The surface transportation reauthorization would cover six years and include $325 billion in funding for freight infrastructure projects, but critics argue STRR doesn’t address the growing gap between investment and available funds.
Copper Logistics will transition to the Radiant brand and operate from the Radiant location near the Minneapolis/St. Paul Airport, according to a statement from the Bellevue, Wash.-based third-party logistics provider.
An executive of the ocean carrier commented on the seldom-used route after the Chinese general cargo ship Yong Sheng finished a round trip voyage between China and Europe by sailing through the Arctic waters of the Northeast Passage.
The supply chain design software provider has bought the supply chain design and optimization software products and team of South African conglomerate Barloworld for an undisclosed sum.
The French logistics provider has received the necessary regulatory approvals and officially completed its purchase of Nashville, Ten.-based Ozburn-Hessey Logistics for an undisclosed sum, giving the company a stake in U.S. 3PL market.
The container terminal operator touted synergies with its London Gateway facility as it extended its license for the DP World Southampton terminal to 2047.
The independent marine vessel owner and manager took delivery of two containerships during the third quarter of 2015.
The French ocean carrier will add a weekly direct call at Salalah, Oman on its Noura Express service, which currently operates between the United Arab Emirates and East Africa.
The cargo airline group’s revenues stood at 238 million euros for the third quarter of 2015 compared to the 236 million euros for the third quarter of 2014.
Liverpool2 received five, 1600-ton ship-to-shore ‘megamax’ cranes from Shanghai-based equipment manufacturer ZPMC.
The temperature-controlled air cargo container manufacturer opened a service station in Shanghai, China, which provided it with more capacity to release its RKN e1 containers to the Chinese and Asian market.
The maritime services provider opened an office in Odessa, Ukraine as part of its plan to expand its presence across the Black Sea region.
Maryland Port Administration appoints director of harbor development, North Carolina State Ports Authority picks new CFO and Port of New York and New Jersey names interim general counsel, while Ryder System, Inc. names chief sales officer.
