Volumes surge at FECR
Florida East Coast Railway announced a 26 percent year-over-year increase in volumes and the opening of a new train dispatch center in Jacksonville, Fla.
Florida East Coast Railway announced a 26 percent year-over-year increase in volumes and the opening of a new train dispatch center in Jacksonville, Fla.
Crowley appoints IT VP and WCI hires government relations direction, while Cambridge Systematics, SMARTRAC and Sedex Global name senior executives.
U.S. Circuit Court of Appeals upheld a 2014 Kansas Supreme Court ruling that said the express carrier violated the Kansas Wage Payment Act in not treating drivers as employees.
Hapag-Lloyd has reportedly picked Deutsche Bank, Goldman Sachs and Berenberg to assist it with an initial public offering, fueling speculation the German ocean carrier is accelerating its plan for a public float.
UPS Capital’s acquisition of the logistics arm of global integrated security company G4S is its second recent purchase in the high-value cargo logistics sector.
The railway increased net earnings 4.5 percent compared to Q2 2014 as quarterly operating income topped $1 billion for the first time in company history.
The Israeli ocean carrier will alter its AME service, which operates between China, Malaysia, India and the Mediterranean, starting July 27.
The National Shipping Company of Saudi Arabia reported a nearly 163 percent increase in net profits in the second quarter of 2015 compared to the second quarter of 2014.
Truckload pricing will increase between 4 percent and 9 percent through the remainder of 2015 despite a slight deceleration in spot rate growth, according to investment firm Avondale Partners.
Coal, iron ore, grain and liquid bulk shipments on the Great Lakes and St. Lawrence Seaway dropped in the first half of 2015.
Year-over-year rates were down for the sixth consecutive month in June, according to the latest Cass Intermodal Price Index.
The UPS Worldwide Express Freight service, designed for urgent, time-sensitive and high-value international heavyweight shipments, added eight new origin countries and five new destination countries to its network.
USA Truck appoints CEO, while England Logistics and High Road Partners appoint VPs, and the Renault-Nissan Alliance picks new head of supply chain.
Singapore investment company Temasek is seeking buyers for Neptune Orient Lines, parent of ocean carrier APL, according to reports from the Wall Street Journal.
The Port of Oakland attributed the decline in volumes primarily to reduced exports, as import volumes grew for the fourth consecutive month.
Third-party logistics provider Kuehne + Nagel Group reported higher profits in the first half of the year despite a decline in revenues compared to the same period in 2014.
Yard operations at APM Terminals Port Elizabeth facility continue to be impacted after a major water main broke early Tuesday morning.
Annualized turnover rates at truckload fleets with more than $30 million in annual revenues dropped to a four-year low, according to the most recent figures from the American Trucking Associations.
The shipping and logistics provider will offer a less-than-container-load service from Zhengzhou, China to Hamburg, Germany.
The Port of Antwerp is looking to construct a permanent liquefied natural gas bunkering facility for barges by 2019.