More than 100 Maersk Line ships will be outfitted with technology that helps determine weather and sea conditions on specific vessels, helping the carrier optimize its routes.
The company said it will provide equipment for five pure car/truck carriers under construction for Grimaldi Group.
The third party logistics provider said it will launch an updated version of RapidLink, its web-based supply chain software and service solution.
Ocean carriers Maersk Line, CMA CGM, MOL and OOCL issued general rate increases.
French logistics company gets a stake in U.S. market with purchase of OHL for undisclosed sum, continuing trend this year of major 3PL acquisitions across the globe.
Spot container rates from Shanghai to Northwest Europe and the Mediterranean dropped for the second straight week in a row.
Wei Jiafu, former chief executive officer of COSCO, has been named CEO of a Pasadena, California-based company called Apollo Acquisition Corp.
At least 56 dead, including 21 firefighters, reported in the aftermath of Wednesday’s explosion in the northern Chinese port.
Alphin Brothers, a North Carolina-based seafood processor and wholesale distributor, was sentenced this week in federal court for falsely labeling imported shrimp.
The global supply chain services provider said its new weekly rail service linking China to Europe will be a cost-effective transportation option.
The third party logistics provider reported second quarter net profits increased, while combined revenues decreased.
July export container volumes at the Southern California port increased 15.9 percent from last July, despite the strong dollar, which made U.S. exports more expensive overseas.
The 3PL is replacing its existing DC with a larger one at the CenterPoint intermodal park.
Alliance members Maersk Line and Mediterranean Shipping Co. said their Asia-North Europe AE9/Condor service will cease operations Sept. 14 and will be deployed as a seasonal service if sufficient demand permits.
Media reports have French logistics company adding venerable U.S. 3PL in what would be the latest in a string of major acquisitions in the third party logistics market.
The Danish conglomerate has been affected by fallen oil prices and low Asia-Europe freight rates.
Central Gulf and later International Shipholding founder’s successful career in the U.S.-flag shipping industry spanned 60 years.
The terminal operating company signed a joint venture with Bogotá-based Compañia de Puertos Asociados S.A., to jointly operate the Cartagena Terminal, which they will upgrade and expand.
The MacArthur Lock, one of the two actively used locks at the Soo Locks complex, is closed until about Aug. 19, as repairs are taking longer than expected.
The Port of Virginia handled 226,000 TEUs in July, the highest amount ever recorded for that monthly period in the port”s history.
