The Mediterranean seaport saw container volumes and total cargo traffic jump 32.3 percent and 26 percent, respectively, from 2016 levels.
UPS chief commercial officer retires; Union Pacific names western regional vice president; and CFI promotes new president, and hires senior vice president of sales and operations.
Robert Mottley’s larger-than-life presence, irresistible charm and sense of humor eased both anxious and reserved shipping executives during interviews, and allowed them to discuss their businesses, as well as careers, in a most open and personable way.
The Memphis, Tenn.-based parcel giant’s decision to increase workforce compensation by more than $200 million, effective April 1, was fueled by the recently passed U.S. Tax Cuts and Jobs Act.
Global economic output is estimated to have grown 3.7 percent last year and is projected to accelerate to 3.9 percent in 2018 and 2019, according to the International Monetary Fund’s (IMF) latest quarterly World Economic Outlook (WEO) Update.
United States gross domestic product increased at an annual rate of 2.6 percent in the fourth quarter of 2017, according to the “advance” estimate from the Department of Commerce, down from 3.2 percent the previous quarter.
The Dubai-based port terminal operator has joined with India’s National Investment and Infrastructure Fund (NIIF) to increase investments in the country’s ports, terminals, transportation and logistics businesses.
The French ocean carrier will place the 20,600-TEU Antoine de Saint Exupery on its Asia-North Europe FAL 1 loop on Feb. 6.
The collaboration will see the big box retailer Walmart and Japanese e-commerce marketplace Rakuten team up to launch an online grocery delivery service in Japan, and offer eBooks and audiobooks in the United States.
The growth in container transport volumes helped Orient Overseas Container Line increase its liner revenues 15.4 percent compared with the previous year, according to the Hong Kong-based ocean carrier’s most recent unaudited operational update.
The Airforwarders Association (AfA) and The International Air Cargo Association (TIACA) have signed an agreement that will see the two groups cooperate on air cargo matters and mutually promote each others’ services.
CMA CGM hires group senior vice president of IT and transformations, while Port of Stockton elects new chair and vice-chair for 2018, and Intermarine names Mexico country manager.
The board of directors of Jacksonville, Fla.-based Class I railroad CSX will vote Feb. 7 on a resolution that would require its chief executive to receive annual physical examinations, according to shareholder John Fishwick, who proposed the measure.
Railroad industry associations from the United States, Canada and Mexico sent a rare joint letter to their respective trade negotiators as the latest round of discussions over a new North American Free Trade Agreement (NAFTA) got underway in Montreal.
The nearly 30-year old group, which once represented the major liner carriers that move nearly all container cargo between the Far East and the United States, will officially cease operating on Feb. 8, 2018.
Jacksonville Port Authority (JaxPort) selects chief operating officer, while Norfolk Southern (NS) names executive vice president and chief legal officer.
The U.S. Justice Department said Yi-Chi Shih and Kiet Ahn Mai were arrested on Jan. 19 and subsequently charged with illegally obtaining technology which they in turn exported to China without a U.S. export license.
Montreal-based Class I railroad Canadian National (CN) saw its net income spike 156 percent for the quarter to $2.61 billion Canadian (U.S. $2.11 billion) compared with the same 2016 period, boosting full-year 2017 earnings 51 percent to C$5.48 billion.
The U.S. Federal Aviation Administration has proposed a $54,000 civil penalty against True Value Co. of Jonesboro, Ga. for allegedly violating federal hazardous materials regulations for air transport.
TECSYS hires chief marketing officer; NAVTOR names chief technology officer; Alliance Shippers appoints president and CEO; Direct ChassisLink hires chief strategy officer; and Dachser appoints chief operations officer.
