Hapag-Lloyd completes capital increase
CSAV increases its stake in Hapag-Lloyd to 34 percent.
CSAV increases its stake in Hapag-Lloyd to 34 percent.
The German ocean carrier raised 352 million euros (U.S. 414 million) in gross proceeds through a capital increase, with 96.5 percent of the existing shareholders exercising their subscription rights that were agreed upon on Sept. 28.
Preliminary figures from the International Civil Aviation Organization show a rebound in air cargo.
The integrator will introduce its first LNG truck and teardrop trailers.
In Oakland, the port has seen a higher number of ships at anchor, and ships are off schedule from Los Angeles.
Airport operator MAG Property and logistics property specialist Stoford submit joint plans for logistics unit at Airport City Manchester.
IPC, Mistui, NYK Line and PSA have agreed to jointly develop a container terminal at the Tanjung Priok Port in Indonesia.
Dutch agribusiness and trading company Nidera has acquired the USA/USC Terminal at the port of Constanta.
Plastic pallet maker Cabka Group has acquired Eryplast.
The Commerce Department found that certain steel nail imports from South Korea, Malaysia, Oman and Vietnam have been dumped on the U.S. market.
The U.S. Environmental Protection Agency fined two Texas importers and four Chinese manufacturers for non-compliance.
CEVA to provide transportation services for Ford’s Dearborn Truck manufacturing facility.
UPS has agreed to terms with Polish investment fund ORTIE to purchase healthcare logistics company Poltraf.
The Canadian Government introduced new regulations to reduce accidents at federally regulated grade crossings.
Company says it limited customer volumes in order to meet service commitments.
TSA members propose a GRI and a peak-season surcharge.
Contract negotiations between West Coast longshoremen and employers have entered month eight.
CMB, an Antwerp, Belgium-based cargo vessel and aircraft operator, will acquire a fleet of 14 containerships from Delphis.
The Port of Redwood City in Northern California said it has completed the first phase of maintenance dredging on its harbor channel this week.
The Cleveland-Cuyahoga County Port Authority’s annual budget for 2015 includes $20 million in capital investments to improve maritime operations and sediment management.