YMM, OOCL and ONE to launch joint intra-Asia loop
The new loop will link South China and Japan with Southeast Asia, utilizing four vessels averaging 4,754 TEUs.
The new loop will link South China and Japan with Southeast Asia, utilizing four vessels averaging 4,754 TEUs.
The Israeli ocean carrier will drop a call at Halifax on its ZIM Container Service Pacific loop, but will launch a feeder service, dubbed the Canada Florida Express, which will call the Canadian port, as well as Miami and Kingston.
The American Trucking Associations’ (ATA) seasonally adjusted For-Hire Truck Tonnage Index slipped 2.6 percent compared with the previous month, but remained 5.7 percent higher than in February 2017.
Volkswagen Group Logistics will charter the two roll-on/roll-off vessels capable of handling 6,500 vessels each from Siem Car Carriers AS.
CSX appoints a new vice president and controller, while Volga-Dnepr hires commercial director.
Hufbauer discussed potential implications of President Donald Trump’s Section 232 tariffs on aluminum and steel, the status of the NAFTA renegotiation, and the chances that the Trump administration could withdraw from the WTO.
The Memphis-based parcel giant reported a net income of $2.07 billion in the third quarter of its fiscal 2018 year, up a whopping 257 percent from the same period last year, thanks in large part to an estimated $1.53 billion reduction in tax liability.
The technology firm has introduced Skylark, a cloud-based, high-precision global navigation satellite system service for autonomous vehicles.
Singapore-based port terminal operator PSA International increased its earnings 5.1 percent to 1.23 billion Singapore (U.S. $936.3 million) in 2017, as revenues and container volumes climbed 7.8 percent and 9.8 percent, respectively, from the prior year.
The U.S. Commerce Department is scheduled to announce its final determinations on stainless steel flange shipments from China and India by June 5.
The annualized driver turnover rate at both large and small truckload (TL) carriers fell during the final quarter of 2017 compared with the previous three-month period, but rose when compared with fourth quarter 2016.
Domestic container carriers ramped up capacity by adding vessels, containers and manpower to carry cargo for emergency relief and rebuilding efforts.
With low post-Lunar New Year volumes resulting in skipped sailings on transpacific services, some terminals at the Southern California seaports of Los Angeles and Long Beach are closing during daytime hours.
Jakob Stausholm, chief finance officer, chief strategy and transformation officer, and registered director of the A.P. Moller – Maersk will resign from the company by the end of the month, according to a statement from Maersk.
Ocean Network Express CEO Jeremy Nixon said the three major consortia that dominate the deep-sea container trades may undergo a period of “setting down.”
The logistics and transportation services provider snapped up Summit Northwest Corp and Freight Force and has no plans on letting up on its acquisition spree.
Lt. Gen. Todd Semonite, commanding general for the U.S. Army Corps of Engineers, told lawmakers he expects to complete five chief’s reports and recommend changes to two private sector-sponsored projects by mid-summer.
A FedEx worker suffered minor injuries when a device inside a parcel exploded early Tuesday morning at a distribution center in Schertz, Texas, according to statements from local law enforcement.
A Hapag-Lloyd containership struck a Gold Star Line vessel on Monday while berthing in Karachi.
The Senate confirmed Kevin McAleenan to serve as commissioner of U.S. Customs and Border Protection by a vote of 77-19 on Monday.