CSAV merger propels Hapag-Lloyd to $175.6m profit in first half 2015
The German ocean carrier estimated last year’s merger with Chile’s CSAV will bring $400 million in synergy savings, $100 million more than originally estimated.
The German ocean carrier estimated last year’s merger with Chile’s CSAV will bring $400 million in synergy savings, $100 million more than originally estimated.
The American Trucking Associations urged Congress to allow hair follicle testing as an alternative to urine-based testing for drivers.
Falling crude prices have yet to further lessen the average price of gas at the pump for U.S. consumers, but market analyst Lundberg Survey Inc. has predicted a more than 20 cent reduction in the coming weeks.
One hundred fifty-one Google Express Services workers employed by contractor Adecco voted to join the Teamsters Local 853, according to a statement from the union.
Several major logistics and transportation company stocks fell Monday in response to fears of potential trade fallout from a prolonged downturn in the Chinese economy.
The North American-based automated material handling solutions and software provider said the enhanced software offers simplified configurability, a new user interface and experience and support for various operating systems and databases.
The airline group reported profits attributable to its shareholders increased 468.3 percent for the first half of 2015 in comparison to the same period last year.
Kalmar delivered the first real hybrid shuttle carriers in the United States to the Virginia International Gateway terminal in Portsmouth, Va.
The group attributed the decrease to volume erosion, specifically in Canada Post’s transaction mail business and higher employee benefit expenses.
CEVA appoints CFO, DB Schenker selects CIO, CenterPoint names senior VP of investments, and Troy Container Line picks Midwest account executive.
The Panama Canal Authority (ACP) said “water filtration” issues were discovered during testing of the new Pacific locks.
The Florida port is trying to jump start its container business and install infrastructure to make Central Florida a more attractive logistics option for importers and exporters.
The Pacific Merchant Shipping Association said the ever-increasing size of ships means pilot revenues will continue to grow naturally without need for a rate increase.
The authority said that as a result of recent rainfall, there is no longer a need for the second draft restriction that was tentatively scheduled for Sept. 15.
The Commerce Department, in its preliminary determinations, has found that imports of certain uncoated paper from Australia, Brazil, China, Indonesia and Portugal have been dumped on the U.S. market.
The port received two Liebherr ST P167L (WS) container gantry cranes last week in preparation for the port to officially enter service next month.
The logistics provider and container terminal operator posted operating profits of 82.6 million euros for the first half of 2015, a year-over-year increase of 1.5 percent.
The cargo division of Virgin Atlantic reported a year-over-year increase of 33 percent in cargo that departed from Dubai in the first half of 2015.
The new facility in Mount Maunganui, New Zealand, will provide Bay of Plenty exporters more choice and offer improved access to overseas markets, according to a statement from the port.
Ocean carriers Maersk Line, CMA CGM, CSCL, MOL and Hyundai issued general rate increases.