The Northwest Seaport Alliance handled higher volumes of loaded container imports and loaded container exports in April compared to April 2015.
Deutsche Post appointed Tim Scharwath, who until recently served as head of global airfreight at Swiss-based third-party logistics provider Kuehne + Nagel, as chief executive for DHL Global Forwarding, Freight.
The forwarder established the new temperature-controlled logistics center for life science and healthcare products.
Ship owners on Wednesday broke off rate negotiations with struggling South Korean shipping conglomerate Hyundai Merchant Marine without reaching an agreement, according to multiple reports from Korean media outlets.
Ship owners on Wednesday broke off rate negotiations with struggling South Korean shipping conglomerate Hyundai Merchant Marine without reaching an agreement, according to multiple reports from Korean media outlets.
Parcel giant FedEx declared its $4.8 billion offer for the Netherlands-based global package delivery firm “unconditional,” meaning all predetermined terms have been either met or waived, according to a joint statement from the companies.
Approximately 37.5 percent of imports to the United States were contracted by non-vessel operating common carriers in the first quarter of 2016, according to research firm Datamyne.
The new shipping line will commence a new service between China and Australia, which will deploy five ships with a nominal capacity of 5,000 TEUs.
Throughput at the Cai Mep International Terminal in Vietnam, an APM Terminals facility, surged 130 percent year-over-year to 277,303 TEUs during the first quarter of 2016 thanks to the addition of five new ocean liner service calls.
Greg Fox, executive vice president of operations at BNSF Railway, will be succeeded by current Senior Vice President of Transportation Dave Freeman, effective June 1, 2016, but will stay with the company through August to facilitate the transition.
The port said it wants to have 3,000 drivers using the new application, which allows them to view waiting and transaction times at container terminals, by June.
The German ocean carrier will add calls to its Mediterranean Gulf Express service, which operates between the Mediterranean, the Caribbean and the East Coast of North America.
The U.S. Commerce Department said Chinese producers and exporters of cold-rolled steel to the U.S. will receive a dumping margin of 265.79 percent, while Japan’s cold-rolled steel producers and exporters will receive a dumping margin of 71.35 percent.
The Thailand-based container shipping line experienced a net loss of 243 million Thai Baht (U.S. $6.8 million) in the first quarter of 2016, compared to a net profit of THB 173 million in the first quarter of 2015.
The inland river port’s reconstructed 720-foot dock is equipped with a 200-ton bridge crane and over 6,000 track feet of new rail.
The cargo airline said it will become the only carrier to fly direct from its London Heathrow hub to the Santiago International Airport.
Schenker Inc. gains new U.S. CEO and XPO Logistics appoints chief transformation officer, while CEVA Logistics picks aerospace VP and GAC North America names regional commercial director for oil and gas.
A sense of what the container shipping industry may look like a year from now has started to emerge as ocean carriers seek to avoid a financial wreck from overcapacity and low freight rates.
An American Shipper report released Tuesday found that nearly three-quarters of shippers and forwarders believe they will have containers held when the new verified gross mass mandate kicks in July 1.
Shipment volumes and expenditures in April 2016 grew 0.6 percent and 0.2 percent, respectively, compared with March, but both remained well below 2015 levels, according to the latest Cass Freight Index Report.
