Ocean carriers deploy 540,034 TEUs of capacity each week through the Suez Canal, according to data from BlueWater Reporting’s Capacity Report application.
The ESC’s support for the merger stands in sharp contrast to its opposition to a proposed merger proposed between UPS and TNT in 2012.
Shipment volumes and payments for the month showed continued growth but remained below 2014 levels, according to the latest Cass Freight Index Report.
PortMiami is one of several ports on the U.S. East Coast that are cashing in on increased demand for all-water alternatives to West Coast cargo gateways.
The less-than-truckload carrier announced it will take delivery of 875 new tractors to replace older units and will add 1,750 new trailers to its fleet this year.
The Korean ship builder and global consultant will work together to create a connected ship that leverages the “Internet of Things” to improve operational efficiency.
The customs broker and forwarder previously used CargoSphere’s platform for timely ocean and air quotes, and will now use the rate software provider’s trucking module as well.
The French ocean carrier will add two vessels and several port calls its EURAF4 service between the Mediterranean and West Africa beginning July 18.
The third-party logistics provider opened a global distribution center in Born, the Netherlands for industrial spare parts.
Florida East Coast Railway announced a 26 percent year-over-year increase in volumes and the opening of a new train dispatch center in Jacksonville, Fla.
Crowley appoints IT VP and WCI hires government relations direction, while Cambridge Systematics, SMARTRAC and Sedex Global name senior executives.
U.S. Circuit Court of Appeals upheld a 2014 Kansas Supreme Court ruling that said the express carrier violated the Kansas Wage Payment Act in not treating drivers as employees.
Trade data provider found volumes at East Coast ports rose 15 percent overall in the first half of 2015, benefiting from diversions by carriers from West Coast ports due to congestion issues early in the year.
Hapag-Lloyd has reportedly picked Deutsche Bank, Goldman Sachs and Berenberg to assist it with an initial public offering, fueling speculation the German ocean carrier is accelerating its plan for a public float.
Meanwhile, the Senate Commerce, Science and Transportation Committee approved a long-term, six-year transportation bill that would be merged with the $278 billion DRIVE ACT.
UPS Capital’s acquisition of the logistics arm of global integrated security company G4S is its second recent purchase in the high-value cargo logistics sector.
The railway increased net earnings 4.5 percent compared to Q2 2014 as quarterly operating income topped $1 billion for the first time in company history.
The ocean carrier has implemented similar fees in other regions, and says the switch to electronic bookings is crucial for data accuracy and customer responsiveness.
The Israeli ocean carrier will alter its AME service, which operates between China, Malaysia, India and the Mediterranean, starting July 27.
United States retail and food services sales were up 1.4 percent in June compared to the previous year, according to advance monthly sales estimates from the U.S. Census Bureau.
