Mergers and acquisitions don’t take place in a vacuum. No matter the industry, or specific situation, there are almost always knock-on effects, which often take the form of further consolidation, either via M&A activity or more organic means like companies going under. This is especially true when it comes to consolidation on a large […]
The 3rd Circuit of the U.S. Court of Appeals has affirmed the right of ocean carriers, including non-vessel-operating common carriers, to have contracts that extend common law maritime liens. Brendan Collins of Washington-based GKG Law represented OEC Group and was successful in getting the 3rd Circuit to rule in favor of his client, […]
Remember a handful of years ago when major global airlines formed numerous alliances, supposedly to benefit travelers? The same was said about the purported outcomes of the various airline mergers in the United States, Europe and Asia. Now tell us, with all honesty, has flying the friendly skies gotten any better in terms of […]
Consulting firm Quetica’s Statewide Freight Transportation Network Optimization Strategy for Iowa has led to the development of a new line of business—helping the energy sector avoid shortages. That was the case during the extremely cold winter of 2013-2014 in the Midwest when Iowa experienced a crisis-level shortage of propane. In big agricultural states […]
However, the International Maritime Organization’s Maritime Safety Committee said there should be no delay in the implementation of the verified gross mass rule.
South Korean shipping conglomerate Hyundai Merchant Marine, which said it is continuing efforts to stabilize its business, predicts that normalization of its business is only a matter of time.
A total of 221 cargo theft incidents were reported in the United States during first quarter 2016, up 8 percent from the same 2015 period, but average loss value per incident fell 56 percent, according to the latest report from FreightWatch International.
The German ocean carrier decided to postpone its annual general meeting originally scheduled for June 1 for a later date, due to continuing talks with UASC about a combination of their container shipping activities.
The Jacksonville, Fla.-based liner carrier awarded a $21 million construction contract to Del Valle Group, S.P. of Toa Baja, Puerto Rico to upgrade its Isla Grande Terminal in San Juan.
The European port saw container volumes fall 3.4 percent year-over-year for the first quarter of 2016 to 2.2 million TEUs, primarily due to the slow start in container traffic with China and Russia early in the year.
The Lake Oswego, Ore.-based railroad transportation equipment manufacturer has as entered into an agreement to acquire a 19.5 percent ownership stake in Amsted-Maxion Cruzeiro for $10 million.
The new 400,000-square-foot distribution center in Winchester, Va. will house the automobile manufacturer’s service, parts and customer care division, Mopar.
CSX shuffles senior labor relations and network operations management, while Metro Ports appoints director of northern California and the Pacific Northwest.
Vanguard says LCL shippers need premium service from it, forwarders and liner carriers.
However, the International Maritime Organization’s Maritime Safety Committee said there should be no delay in the implementation of the verified gross mass rule.
Annual costs at container lines have increased a combined $500 million due to new sulfur emissions rules requiring vessels to use more expensive fuel, according to a report released last week by the Organisation for Economic Co-operation and Development.
The French ocean carrier saw revenues for the quarter tumble 15.3 percent year-over-year to $3.4 billion.
The container terminal operator made the statement Thursday that it would continue to put forth effort to bring container service to the port in response to the news that Westwood Shipping Lines is suspending its service to Portland’s Terminal 6.
The U.S. Transportation Department has received 212 applications totaling nearly $9.8 billion for its newest freight transportation infrastructure funding program.
The e-commerce giant is reportedly looking to either license or buy outright technology to help manage its expanding freight transportation network, according to a recent Wall Street Journal article.
