Maritime

The U.S. Federal Maritime Commission has received 16 ocean transportation intermediary license applications and changes for review.

The U.S. Federal Maritime Commission has received 16 ocean transportation intermediary license applications and changes for review.

The U.S. Federal Maritime Commission has received 16 ocean transportation intermediary license applications and changes for review.

Individuals knowing of any reason why an applicant should not receive an OTI license or amendment are urged to contact the Office of Transportation Intermediaries.

Individuals knowing of any reason why an applicant should not receive an OTI license or amendment are urged to contact the FMC’s Office of Transportation Intermediaries.

Ocean carrier CMA CGM of France announced a general rate increase.

French ocean carrier CMA CGM issued general rate increases on various trades.

The French carrier announced general rate increases effective Aug. 15.

French ocean carrier CMA CGM issued a general rate increase from all Asian ports to all Middle East Gulf ports.

The second quarter financial results of ocean carriers NYK, MOL and “K” Line reflected a weak Asia-Europe market and strong supply pressure.

The European Commission will now conduct an in-depth analysis under the EU’s merger regulations before coming to a decision on FedEx’s $4.8 billion offer to buy TNT.

Shanghai Jiangnan Changxing Shipbuilding will build the China Shipping Container Lines vessels, which are scheduled for delivery in 2018.

The cost to Matson could be as much as $15.4 million, and the ocean carrier will cease its molasses operations in Honolulu as part of the settlement.

The Canadian train and aircraft manufacturer in May outlined plans to list a minority stake in its rail business, but Chief Executive Alain Bellemare denied the company was considering selling the entire unit.

The less-than-truckload holding company reported a 184.5% year-over-year jump in operating income in the second quarter of 2015.

The airfreight carrier said it increased revenues 8.8 percent during a period of network expansion for the company.

The outsourced aircraft and aviation operating services provider reported a net income attributable to common stockholders of $28.4 million for the second quarter and $57.6 million for the first half of the year.

The John C. Munro Hamilton International Airport opened the Air Cargo Centre, in which airfreight carrier Cargojet will be the primary tenant.

The Houston-based tank barge operator’s net earnings dropped to $58.1 million in the second quarter and its consolidated revenues dropped to $543.2 million.

Kuehne + Nagel will introduce refrigerated less-than-containerload pharmaceutical services from its facility in Geel, Belgium to Singapore and Sydney, Australia.