YRC Freight names VPs and SEKO Logistics picks head of aerospace vertical, while MARS elects 2016 officers and Volga-Dnepr Airlines appoints global directors.
Although the Canadian port’s container volumes surged during 2015, total throughput dropped 4.8 percent year-over-year to 19.6 million metric tons.
Many are either unprepared for or completely unaware of the Modern Slavery Act, which requires businesses in the U.K. to report efforts to eradicate human trafficking and slave labor from their supply chains, according to a recent survey from the CIPS.
The strike action, called by Hellenic Crew Union and the Towage and Salvage Crew Union of Piraeus in response to planned changes to labor and insurance rights, pensions and retirement ages, is scheduled to start tomorrow, Jan. 27 at 6 a.m. local time.
The Hong Kong-based third-party logistics provider told analysts on a conference call it plans to acquire a 51 percent stake in an unnamed U.S. freight forwarder within two months, according to a report from the Jefferies Group.
The container terminal operator handled 14.5 million TEUs at its terminals in 2015, a 2 percent decline from 2014.
Canadian National Railway has submitted an application to the Canadian Transportation Agency for the approval of its proposed intermodal and logistics hub to be built in Milton, Ont.
The Northern European port system that comprises the Port of Le Havre, the Port of Rouen and the Port of Paris, handled 91.4 million tons of cargo in 2015, a 2.4 percent increase from 2014.
The railcar leasing company’s revenues and earnings were both down slightly year-over-year in the fourth quarter, but its full year results were almost identical to the previous year.
United States Secretary of Commerce Penny Pritzker arrived in Lagos on Monday with a group of executives to explore business opportunities in Nigeria and Rwanda.
The third-party logistics provider has launched its UWL FlexiTank service, a new shipping solution for non-hazardous, liquid bulk cargo.
The polyethylene terephthalate (PET) resin producer decided to further invest in its Corpus Christi, Texas facility.
MOL (America) names new vice president of area operations, while the Port of Houston Authority announces reappointment of commissioner.
Meanwhile, the United States Coast Guard will hold its first Marine Board of Investigation hearing on the largest U.S. maritime tragedy in decades from Feb. 16 through Feb. 26 in Jacksonville, Fla.
Kansas City Southern full-year net income in 2015 was down nearly 4 percent on revenues that fell 6 percent compared to the previous year, according to the company’s most recent financial statements.
Volume growth in 2016 is unlikely to match the 15 percent growth rate seen last year despite the opening of new, expanded Panama Canal locks, according to the London-based consultant.
The commercial aircraft manufacturer will recognize an after-tax charge $569 million ($0.84 per share) in its fourth quarter 2015 financial results, but said the charge will not affect top line revenues.
The Department of Transportation has awarded the funds to seven separate firms for the purpose of maintaining 48 ships in MarAd’s National Defense Reserve Fleet over the next eight years.
On Jan. 18, United Kingdom-based courier services company Rico acquired a majority shareholding in Circle Express, which provides a collection and delivery service that is specifically targeted at the UK airfreight forwarding industry.
The German ocean carrier issued a general rate increase from Northeast Asia to Australia, scheduled to take effect March 1.
