The global trade and transportation software provider posted a net income of $5.1 million for the second quarter of fiscal 2016, which ended July 31, a year-over-year increase of 42 percent.
The French ocean carrier will modify its Brazil Express loop between South America, Central America and the Caribbean at the end of the month.
The Federal Maritime Commission is looking to to increase awareness of its role with legislators, the press, and stakeholders.
The Port of Rotterdam Authority announced the construction of Yukon Harbor, which will include a new LNG Breakbulk terminal.
The major shipment of illicit rough diamonds and gold confiscated at Beitbridge border post last week was one of several recent large hauls, according to the South African Revenue Service.
The third-party logistics provider established Yusen Logistics Pakistan (Private) Limited in Lahore, Pakistan and opened a branch in Karachi, Pakistan.
With the latest in a series of blockbuster M&A deals in the logistics industry this year, XPO would become the second largest less-than-truckload provider in North America.
CEO of XPO Logistics Brad Jacobs told investors and media tight truck capacity helped prompt the company’s investment in an asset-based business.
The Danish ocean carrier’s strong performance in first half of 2015 stands in sharp contrast to the same period in 2009, according to Maersk Line CEO Soren Skou.
Current rates only make a “nominal contribution” to a round-trip transpacific sailing, and “barely compete for space aboard ships with empty repositioned containers needed in Asia,” according to the Transpacific Stabilization Agreement.
The Cornelia Maersk is the only vessel tested thus far by the Coast Guard and CBP and the agencies do not plan to test any other ships from Tianjin in the immediate future, according to a spokesperson for the USCG.
The Independent Pilots Association called on its members to authorize a strike against UPS and said it will announce the voting results Oct. 23.
Eight employees had to be hospitalized following an explosion Shital Enterprise scrap yard in Chittagong, Bangladesh last week.
The Swedish port increased car exports and imports 5 percent year-over-year in first half of 2015, however, thanks to Volvo’s decision at the beginning of the year to ship cars from Gothenburg to Finland, Russia and China.
The global mobile satellite communications services provider will participate in the $7.3 million Advanced Autonomous Waterborne Applications Initiative, which is being led by English automobile and engine manufacturer Rolls-Royce.
The less-than-truckload carrier announced its less-than-truckload tons per day increased significantly in July and August over last year due to a growth in shipments, which was partially offset by a decline in less-than-truckload weight per shipment.
The electronic freight posting company launched a new online analytics service for transportation and logistics professionals.
ShipMax Alliance is designed to help shippers pair freight loads from compatible partners to common destinations and manage smaller deliveries to customers from multiple origins to common destination pairs.
The third-party logistics provider entered into a six-year contract with in vitro diagnostic products and services provider Ortho Clinical Diagnostics to manage the company’s temperature-controlled warehousing and distribution needs in the United States.
Jacobs Douwe Egberts, owner of Maxwell House and Tassimo brands, will use Amber Road’s restricted party screening solution to being automating its trade compliance process.
