Danish freight forwarder and logistics provider Leman agreed to the acquisition of all shares in Dalpa International Ltd yesterday.
Report: World’s commercial shipping fleet grew 3.5 percent in 2014
The worldwide fleet grew at its slowest annual rate in over a decade in 2014, according to an annual study performed by the United Nations Conference on Trade and Development (UNCTAD).
Werner sees 24% increase in Q3 net income
The trucking and logistics company posted $32.1 million in net income on revenues of $534.4 million in the third quarter of 2015.
Drewry advises Hapag-Lloyd IPO subscription
The German ocean carrier’s initial public offering valuation is affected by the underperforming container shipping market and underplays the company’s operational strength, according to the maritime consultant’s equity research division.
Tennessee NVO implements CargoSphere rate system
WorldBridge Logistics will use CargoSphere’s rate management platform and sharing tool Rate Mesh to quote more quickly and accurately across its network and global agent partners.
ATA: Truck tonnage index gains 0.7% in September
The seasonally adjusted For-Hire Truck Tonnage Index for September 2015 equaled 135.1, a year-over-year increase of 3.1 percent, according to the American Trucking Associations.
Saverco begins purchase of outstanding CMB shares
Saverco NV will attempt to buy the majority of remaining outstanding shares and privatize longtime Belgian vessel and cargo aircraft operator CMB.
Maersk places largest-ever order for Carrier Transicold PrimeLINE units
The Danish ocean carrier added 12,900 PrimeLINE container refrigeration units to its fleet, the largest order ever placed for the units, according to Carrier Transicold.
Port of Felixstowe opens new food examination facilities
The United Kingdom port will officially open its new food examination facilities Oct. 29.
NEWS FLASH: El Faro reported hull breach shortly before dissapearing
The National Transportation Safety Board issued an update on its ongoing investigation into the sinking of the TOTE Maritime Puerto Rico cargo vessel.