BPO arrangement allows the express giant, which has been targeted for acquisition by FedEx, to focus on its core activities and customers service.
While many airfreight carriers around the globe saw a slowdown in growth, Middle Eastern cargo lines reported a drastic increase in airfreight volumes.
The railroad transportation equipment manufacturer reported a 15 percent drop in net earnings in its fiscal third quarter compared to its fiscal second quarter, despite record quarterly revenues.
Simatech Shipping and Forwarding, based in Dubai, has recently taken delivery of 4,350-TEU vessel Sima Genesis from Taizhou Kouan Shipbuilding.
Mary Thien Hoang has served as chief of staff for Federal Maritime Commission Chairman Mario Cordero since April of 2013 and will remain in that position.
Investment from ABS Capital Partners and existing shareholders and management will support the ocean shipping platform’s next stages of development.
The airfreight carrier began offering four weekly flights to Turkmenbashi Airport in Turkmenistan.
The Port of Rotterdam Authority signed an agreement with Sif Group and Verbrugge International for the construction of a production, storage and handling terminal at the port designed to cater to the offshore wind farms market.
ITSTL appoints CEO and SSA elects new president, while the USDA and USTR name policy and technical advisory committee members.
U.S. Army Corps of Engineers has only endorsed deepening the harbor entrance and turning basin to 48 feet, but effective depth will be 50 feet.
Opening embassies in each of the two countries’ respective capitols is latest step towards normalization of trade and travel relations with Cuba.
White House now believes it has the leverage it needs to seal the massive 12-nation Trans-Pacific Partnership trade deal.
The Port of Los Angeles will begin construction this summer on a two-year project to upgrade and expand berths and backlands at the Yusen Terminals LLC container terminal.
The International Chamber of Shipping complained protectionist policies could limit access to U.S. oil and gas exports.
The agreements will help finance the purchase of containers and ships, and the development of maritime infrastructure between Europe and China.
Lim, a native of South Korea, is currently the president of the Port of Busan, but has spent years working at the United Nations agency.
Supply chain management solutions provider’s TrueCommerce EDI Solutions group automates integration of key warehouse documents with SAP’s small business software.
Ocean carriers Mediterranean Shipping Co. and ZIM announced changes to two loops between the East Mediterranean and North Europe.
The roll-on/roll-off cargo vessel Kvitbjorn, the first ship powered by liquefied natural gas-powered in Nor Lines’ fleet, grounded off the coast of Norway over the weekend.
Ocean carriers COSCO and Yang Ming joined forces to launch two feeder loops in North Europe.
