Maritime

Industry icon Joe Brunson founded the Winnsboro, Texas-based freight forwarder Team Worldwide in 1979.

The railroad will invest $4.2 billion across its network this year for track maintenance, signal systems and road and bridge repairs.

International Association of Ports and Harbors elects Americas region VP, while GAC appoints executive group vice president of Oil and Gas.

Ocean carrier Maersk Line says it has not yet received court judgment pertaining to the arrest of the containership by Iranian authorities.

The proposal, which modifies the pricing structure for dry bulkers, LNG and LPG vessels, will be implemented along with a customer loyalty program.

Suez Canal emergency response boats help put out the fire on a 13,102-TEU Hanjin vessel.

The airfreight carrier reported net profits of $3 million for the year on revenues of $2.1 billion in its yearly financial statements.

UPS appoints new global sustainability director, while Port of Prince Rupert adds board member.

U.S. Naval Forces Central Command has begun accompanying U.S.-flagged maritime traffic in the Strait of Hormuz.

Acquiring the Norwegian bulk liquid transport and logistics service provider will allow HOYER to expand its petroleum solutions business in Northern Europe.

Most ships should proceed to berth immediately or within a few days, according to the Marine Exchange of Southern California.

Ocean carrier China Shipping reported a nearly 306% year-over-year increase in net profits during first quarter 2015.

The railway reported net income of $310 million on total operating revenues of $2.6 billion in first quarter 2015.

CEO Steve Gunning said IAG will continue to explore asset light transportation solutions in 2015.

American Airlines Cargo will introduce services to Edinburg and Glasgow, Scotland, and Shannon, Ireland, in early May.

The third party logistics provider has started construction on a new 166,000 square-meter DC complex in Truganina, west of Melbourne.

The LTL carrier said the 64 new liquefied natural gas tractors will join its operation in Harrisburg, Pa.

Antwerp-based foodcareplus will provide a refrigerated less-than-containerload consolidation service for seafood products from Canada to Europe.

The railroad’s investment in the state will cover track maintenance, signal systems and road and bridge repairs.

Most businesses report minimal impact, despite claims from driver groups that the strike is causing “massive disruptions.”