Maritime

The ocean carrier alliance will skip one sailing each on the AX1 and AX2 loops.

FourKites adds senior leaders, while Norfolk Southern appoints new board members and Central Maine & Quebec Railway names executive chairman and CEO.

The Prologis Oakland Global Logistics Center, a new warehouse complex being constructed on a former military installation, adjacent to both the Port of Oakland and the San Francisco-Oakland Bay Bridge.

Elaine Chao has served as Secretary of Labor under President George W. Bush and Deputy Secretary of Transportation under President George H.W. Bush.

Fellow South Korean ocean carrier Hyundai Merchant Marine expects to finalize the purchase of a 100 percent stake in Total Terminal International Algeciras in late December, subject to due diligence, the company said in a statement.

The World Trade Organization has found one of seven separate Boeing tax incentives identified by the European Union to qualify as subsidies since it is contingent on the use of domestic goods over imported ones, according to a statement from the WTO.

Shipment volumes in October 2016 grew 0.9 percent from the previous month and 2.7 percent compared with the same 2015 period, the first year-over-year increase in 20 months, according to the latest Cass Freight Index Report.

German bank and shipping financier HSH Nordbank is holding discussions in London with the Bank of China, as well as global investment groups Apollo and Lone Star, about a potential sale, according to a report from Reuters news service.

Major freight railroads in the United States employed 151,900 workers as of the middle of October 2016, down 0.38 percent from the previous month and 8.28 percent year-over-year, according to data from the Surface Transportation Board.

Matson spokesperson Keoni Wagner told American Shipper that the move to the AWS Cloud was a phased process, which began in the fall of last year and was completed in August.

Mitsui O.S.K. Lines, Ltd. (MOL) has teamed up with Mitsui & Co., Ltd. and AKOFS Offshore AS to purchase a subsea support vessel through a new joint venture company, Avium Subsea AS.

The Japanese liner carrier’s decision to add another roll-on/roll-off service from Thailand to Australia stemmed from the rise in imported vehicles in the Australian automobile industry.

Vancouver Fraser Port Authority in British Columbia, Canada appoints new chief financial officer, while Scandinavian Shipping & Logistics tabs new managing director.

Under the reorganization plan, most of International Shipholding Corp. (ISH) would be acquired by SEACOR, and ISH also plans to sell a business that includes operations in Southeast Asia to a company affiliated with its current CEO, Erik L. Johnsen.

Several media outlets reported that owners of the Oetker Group, the conglomerate that owns Hamburg Süd, will meet this week to discuss the future of the German ocean carrier.

The European Commission has given clearance to the merger of Hapag-Lloyd and United Arab Shipping Co., which will create the fifth largest container carrier worldwide, subject to certain conditions, the EU competition watchdog said in a statement.

Frisco, Texas-based Transplace, a provider of transportation management services and logistics technology, has acquired Oakville, Ontario-based Lakeside Logistics.

Intermodal pricing increased 0.4 percent for the month compared with the same 2015 period, the first year-over-year increase since December 2014, according to the latest Cass Intermodal Price Index.

Truckload pricing dipped another 1.4 percent for the month compared to October 2015, the eighth consecutive month of year-over-year declines, according to the latest Cass Truckload Linehaul Index.

Various news outlets reported last week the containership owner and lessor Rickmers Maritime had sold the 4,250-TEU vessel India Rickmers for scrap, but the company said in a statement no sale has been concluded.