Number four U.S. railway Norfolk Southern reported net income of $387 million for the first quarter compared with $310 million during the same 2015 period, according to the company’s most recent financial statements.
The EUROGATE consortium signed a contract with Cypriot Transport Ministry today for the takeover of Limassol Container Terminal.
Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd have issued general rate increases.
Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd issued general rate increases.
Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd issued general rate increases.
Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd announced general rate increases.
Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd issued rate increases on various trades.
Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd announced general rate increases.
Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd issued general rate increases on various trades.
Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd announced general rate increases.
Meanwhile, the European Commission Competition Directorate has set a “provisional deadline” for a decision on CMA CGM’s purchase of APL parent Neptune Orient Lines for this Friday, April 29.
The proposed alliance would become a dominant player in the three major east-west trades, beating out total capacity currently offered by the 2M Alliance on those trade lanes, according to an analysis from BlueWater Reporting.
The ocean carrier posted revenues of $6.1 billion for 2015, a 16.8 percent increase compared to 2014.
The Shanghai Shipping Exchange’s Shanghai Containerized Freight Index fell from a reading of 472.07 last week to a reading of 457.70.
The ocean carrier alliance will deploy 10,000-TEU vessels on its new NYX loop between Asia and the U.S. East Coast.
The Japanese ocean carrier saw revenues fall 17.1 percent year-over-year in the first quarter of 2016 to $1.1 billion.
The agreement between Rickmers and Bahri includes port calls on the U.S. East and Gulf coasts, as well as ports in Saudi Arabia, Egypt, Jordan, Kuwait, the United Arab Emirates, Iraq and Yemen.
The Federal Railroad Administration released data illustrating how there are 15 crossings across the United States where at least 10 incidents occurred over the last decade.
The Swiss-based third-party logistics provider broke ground on a multi-purpose logistics center in Contern, Luxembourg.
The inland river port’s inbound waterborne cargo throughout in March primarily consisted of fertilizer.
