The third party logistics company’s deal for BirdDog’s parcel logistics solutions is intended to broaden Transportation Insight’s reach into parcel optimization and audit services.
TransAtlantic AB sells container, ship management operations
Viking Supply Ships AB’s fully-owned subsidiary, TransAtlantic AB, will sell its container operations to X-Press Feeders and its ship management operations to AtoB@C.
HKIA posts 2% growth in cargo throughput
Cargo volumes at Hong Kong International Airport rose 2 percent year-over-year in October to 392,000 tons.
Transportation stocks rebound after rough week
The Dow Jones Transportation Average closed at $8,058.30 on Tuesday, after falling 4.4 percent over the course of last week.
UPS offers $1.28b in senior notes
The parcel giant anticipates using the net proceeds from the offering for general corporate purposes, including the repayment of commercial paper, according to a statement from the company.
Global Shippers’ Forum questions benefits of carrier alliances to shippers
GSF says debate is needed on whether 2M, G6, CKYHE and O3 deliver real competition, or if shippers would be better served by fewer lines competing head-on.
AirBridge Cargo adds two more 747-8 freighters
Russian all-cargo carrier expands capacity with new Boeing planes to meet customer demand.
Gov. McAuliffe promotes Va. products in trade missions to Canada, Mideast
A recent visit to Canada has resulted in new seafood exports from Virginia to distributors in eastern Canada.
project44 to offer free API assessments for carriers
The technology company driving broader usage of API connections between shippers and their carriers is offering carriers free checks on their ability to rate and track shipments.
House passes (another) stop-gap highway patch
Legislators had hoped to pass a multi-year bill by Thanksgiving, but instead opted for a measure to extend federal transportation spending through Dec. 4 to avoid a funding shutdown when the current three-week authorization expires Friday.