Pacorini Metals opens marine terminal at Rotterdam
The logistics services provider has recently started operating a 12.5-hectare breakbulk facility at the Port of Rotterdam.
The logistics services provider has recently started operating a 12.5-hectare breakbulk facility at the Port of Rotterdam.
Liner carriers CMA CGM, Hapag-Lloyd, COSCO, MOL, Yang Ming, NYK and “K” Line issued general rate increases.
Con-way Multimodal names sales director and Safeway Trucking appoints VP, while Kennedy/Jenks picks hires consultant and Daseke adds board members.
An Aug. 6 AS Daily news report about the increase of logistics firm mergers and acquisitions during the first half of 2015 should have stated that freight brokerage Coyote Logistics is based in Chicago.
With waterway’s expansion now 93 percent complete, employees task with building the new locks are demanding wage increase.
APM Terminals’ Suez Canal Container Terminal (SCCT) at the northern end of the waterway will be the largest on the Mediterranean, according to the terminal operator.
Spot container rates from Shanghai to Northwest Europe this week saw the largest single week drop ever recorded on the Shanghai Containerized Freight Index.
GF Group, an Italian importer and distributor of fruits and vegetables and the current owner of Reefer Terminal S.p.A. in Vado Ligure, will remain a customer of the terminal, according to a statement from APMT.
Deutsche Post DHL Group reported an 29.3 percent year-over-year decline in consolidated net profits for the second quarter despite a 7.3 percent increase in revenues.
The sale of the airport, owned by New York-based Global Infrastructure Partners and Oaktree Capital, could be valued at as much as 2 billion pounds (U.S. $3.09 billion), according to media reports.
The Korean ocean carrier saw net profits skyrocket year-over-year in the second quarter thanks to the depreciation of the South Korean Won against the U.S. dollar and the sale of Total Terminal International Algeciras’ stocks.
Allport Cargo Services and Keswick Enterprises said the new joint venture, ACS Romania, will benefit customers with domestic transport and international freight forwarding requirements in and out of the country.
The Netherlands-based logistics provider reported a 25 percent year-over-year increase in EBITA despite a 10.2 percent decline in net revenues for the second quarter of 2015.
The intra-Europe and Mediterranean dedicated liner company, a Maersk subsidiary, announced a new rail connection from St. Petersburg to Moscow.
Three different pests capable of causing damage were discovered at the Port of Philadelphia, U.S. Customs and Border Protection said in a statement.
A rule from the Pipeline and Hazardous Materials Safety Administration requiring shippers to label and document shipments with more than 12 lithium batteries went into effect Friday.
New sections and bypasses in the 72-kilometer stretch of the waterway will reduce waiting time and transit times, according to Suez Canal authorities.
Unphased by a reported loss in the second quarter, fast-growing XPO Logistics is now projecting $23 billion in revenues by 2019, but the highly acquisitive company has sailed past similar projections regularly in its relatively short history.
President Obama on Wednesday announced his intent to nominate T.F. Scott Darling III to administrator of the Transportation Department’s Federal Motor Carrier Safety Administration.
Mergers and acquisitions in the transportation and logistics sector in the first six months of the year, which have included several multi-billion dollar deals, are off to the hottest start in seven years, according to a new report from PwC US.