E-commerce giant Amazon.com Inc. referred to itself for the first time as a “transportation service provider” in its annual 10-K report submitted to the United States Securities and Exchange Commission.
South Korean shipping conglomerate Hyundai Merchant Marine may be looking to sell its subsidiary securities firm, tourism unit, port container terminals, or bulk carriers, according to various media reports.
The large roll-on/roll-off cargo vessel Modern Express has been listing at a dramatic 40 to 50 degrees in the Bay of Biscay and reportedly came within 27 miles of the coast of France.
The temperature-sensitive truckload carrier’s net income for 2015 surged 19.8 percent year-over-year to $35.7 million.
American Roll-on Roll-off Carrier Group will deploy the roll-on/roll-off vessel Aida as the seventh United States-flagged ship in its fleet.
DHL Parcel names new CEO, while CEVA Logistics appoints executive VP in charge of its South America business.
Executive Director Chris Lytle says the Port of Oakland is “deeply disappointed” with the action today by the joint terminal venture between Ports America and TIL, which says the reorganization is part of its “operational wind down” at the port.
Longshoremen at the port returned to work Monday after a wildcat strike employers called “extremely disruptive” to operations and retailers said reminded them of the labor issues this time last year at West Coast ports.
The Port Authority of New York and New Jersey has asked that trucks not be sent to terminals after dockworkers reportedly walked off the job Friday morning.
Although rates from Shanghai to Northwest Europe and the Mediterranean have tumbled for four straight weeks, rates from Shanghai to the United States inched back up from last week.
Meanwhile, the truckload and logistics carrier announced Gary L. Werner will retire from his position as vice chairman and a member of Werner’s board of directors, effective Feb. 12, 2016.
The Houston, Texas-based tank barge operator posted net earnings attributable to Kirby of $226.7 million on consolidated revenues of $2.1 billion for 2015, year-over-year declines of 19.6 percent and 16.3 percent, respectively.
The Czech rail operator will launch a direct intermodal shuttle service between Rotterdam, Netherlands and Poznan, Poland Feb. 1.
The multimodal solutions provider unveiled its new short sea connection between Rotterdam, Netherlands and Gjemnes, Norway.
The Polish Port of Gdansk’s newest storage facility obtained a certificate of occupancy Jan. 15.
“K” Line appoints executive and managing executive officers, while ContainerPort Group names safety and compliance VP.
Japan’s three largest shipping conglomerates, NYK, MOL and “K” Line all saw their bottom line hurt by overcapacity and continued weakness in the container and dry bulk markets.
Chinese ocean carrier COSCON plans to take over the container shipping assets of fellow state-owned conglomerate China Shipping as soon as March 1, according to a filing with the U.S. Federal Maritime Commission.
Norfolk Southern Corp. announced a five-year cost cutting and restructuring plan in an attempt to stave off a hostile takeover by Canadian Pacific Railway, but one Senate Democrat says he wants to stop the potential merger in its tracks.
The French port handled 81.7 million metric tons of cargo in 2015 and expects to handle 83.7 million metric tons of cargo in 2016.
