The cargo handling agent in Hong Kong handled 2,242 full freighters in November, an increase from the previous monthly record of 2,232 full freighters set in November 2014.
The refrigerated trucking specialist opened a $5 million multi-temperature storage facility in Yangon, Myanmar.
Ocean carriers Maersk Line and Emirates Shipping Line issued general rate increases.
Deployed capacity from Asia to the West Coast of South America will decrease by 15 percent by the end of the year compared to the middle of December as a result of the termination of the WLX/SA2 and the merger of the Andes and AN2/ACSA2 services.
Fred Potter, head of the Teamsters port division, predicts the port trucking industry will have to convert from an independent contractor model to one of employee drivers.
A proposal for the development of an inland port in the eastern Pennsylvania town of Bethlehem is being floated by the Port of New York and New Jersey in an effort to relieve pressure on the busiest port on the U.S. East Coast.
The Shanghai Stock Exchange has given the two companies three days to respond to detailed questionnaires about their potential deal, which would create the fourth largest ocean carrier worldwide.
The Canadian government this week said it will not apply WTO-authorized retaliatory tariffs in response to the U.S. Congress’s repeal of country origin labeling requirements.
As part of the Danish ocean carrier’s cost cutting plan, Vincent Clerc will replace Stephen Schueler as chief commercial officer, while Michael Hansen will move from Seago to become Maersk’s global head of sales.
The price of Brent crude, the global benchmark for oil prices, fell to its lowest level since 2004 on Tuesday as global supply continues to outpace demand.
The seasonally adjusted For-Hire Truck Tonnage Index for November 2015 equaled 134.3, down from 135.5 in October but up 0.2 percent from November 2014, according to the American Trucking Associations.
Saverco has acquired all the outstanding shares of ship and aircraft lessor CMB and delisted it from Euronext Brussels on Dec. 22.
The Sri Lankan port established a record by reaching a container throughput of 5 million TEUs since the beginning of 2015.
Class I U.S. railway Norfolk Southern will consolidate the operations of two of its coal docks, both of which are located in northern Ohio on Lake Erie.
The Slovenian port is projecting an additional 4 percent year-over-year jump in throughput to 21.4 million tons in 2016 as the port continues to undergo major upgrades.
The Israeli ocean carrier said it plans to expand its refrigerated container fleet in order to accommodate the rising demand from its ZIMonitor service.
Emirates Motor Company supplied the third party logistics provider with 30 new Mercedes-Benz Actros Benz trucks to add to its delivery fleet.
SEKO Logistics appoints VP of business development, while Finnair Cargo names new head of global sales.
With only 57 active ships in the Maritime Security Program, MarAd is seeking additional vessels and increasing the per ship stipend from $3.1 million to $5 million to help U.S.-flag carriers offset higher operating costs.
The second highest court in the European Union has reversed a prior European Commission decision to impose over $850 million in fines on 12 airfreight carriers for alleged anti-competitive behavior.
