The Seattle-based e-commerce giant’s acquisition of SOUQ.com, the largest online retail and marketplace platform in the Arab world, is expected to close some time in 2017.
Future safety gains in the freight transportation industry “are being held back by government red tape that stifles innovation and improvement,” according to a new report from the Competitive Enterprise Institute.
Annualized driver turnover rates at large truckload fleets fell another 10 percentage points to 71 percent in the third quarter of 2016, the lowest level since the second quarter of 2011, according to the American Trucking Associations.
The largest port on the U.S. East Coast saw containerized cargo volumes tick up 1.2 percent to 507,066 TEUs in February 2017, a record for the month, according to the most recent figures from the port authority.
The Chicago-based freight broker and supply chain management company introduced the scholarships to support women in the supply chain and logistics industry.
The Atlanta-based parcel giant added four stations in China, and one station each in Poland and Germany to its full and less-than-container load multi-modal rail service between Europe and China.
NYK Group Europe appoints chief executive officer and chief operating officer, while Capes Shipping Agencies hires general manager.
Florida East Coast Railway Holdings Corp. will be acquired by GMéxico Transportes S.A. de C.V. for $2.1 billion.
Florida East Coast Railway Holdings Corp. will be acquired by GMéxico Transportes S.A. de C.V. in an all cash transaction.
The port terminal operator arm of the recently merged China COSCO Shipping saw earnings tumble 42.5 percent to $247 million for the full year in 2016 despite a 1.2 percent increase in revenues compared with the previous year.
Silicon Valley-based Turvo’s platform launched Tuesday, allowing shippers, brokers and carriers to work together in real-time across the entire supply chain.
The Prevent Labor Union Slowdowns (PLUS Act), S.702, is sponsored by Senators Jim Risch, R-Idaho; Mike Crapo, R-Idaho; and David Perdue, R-Ga.
The e-commerce giant may have competition in its bid for Dubai-based online retailer Souq.com, however, as Emaar Malls has submitted a competing offer, according to reports from multiple media outlets.
The North Carolina Department of Transportation is holding public hearings this week to discuss two proposed projects that would eliminate seven road-level crossings on a CSX rail line in Wake Forest and Raleigh.
Omaha, Neb.-based Class I freight railroad Union Pacific is combining its Pocatello service unit leadership with its Portland and Utah units and reassigning five management positions to other locations, the company said in a statement.
The airfreight carrier saw volumes rise 1.8 percent to 218,000 metric tons during the year despite a reduction in revenues caused by route changes driven by passenger demand, according to John Lloyd, senior vice president of cargo at Virgin Atlantic.
Canadian National Railway said loaded import containers arriving via its rail network from the ports it serves on the West, East and Gulf coasts will arrive in Duluth, and empty containers can then be used by exporters to ship their goods to world markets.
Starting March 26, 2017, Air France KLM Martinair Cargo began offering direct connections between Paris and Accra, Ghana, as well as Amsterdam and Freetown, Sierra Leone; Monrovia, Liberia; Cartagena, Colombia; and Minneapolis, Minn.
The Hellenic Republic Asset Development Fund said last week the launch of the tender evaluation process would begin immediately.
Shippers exporting goods to Asia have experienced a large drop in available slots for containers with almost every shipping line, according to the European Shippers’ Council.
