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Turvo raises $25m for ‘collaborative logistics’ platform

Silicon Valley-based Turvo’s platform launched Tuesday, allowing shippers, brokers and carriers to work together in real-time across the entire supply chain.

Shipping NewsPosted on: March 28, 2017

Virgin Atlantic Cargo revenues drop despite increased volumes

The airfreight carrier saw volumes rise 1.8 percent to 218,000 metric tons during the year despite a reduction in revenues caused by route changes driven by passenger demand, according to John Lloyd, senior vice president of cargo at Virgin Atlantic.

Shipping NewsPosted on: March 28, 2017

COSCO Ports sees profits sink in 2016

The port terminal operator arm of the recently merged China COSCO Shipping saw earnings tumble 42.5 percent to $247 million for the full year in 2016 despite a 1.2 percent increase in revenues compared with the previous year.

Shipping NewsPosted on: March 28, 2017

EUROGATE Intermodal extends rail network into Eastern Europe

New, direct rail connections link Germany to eastern and southern Europe.

Shipping NewsPosted on: March 28, 2017

Report: Amazon looking to buy Middle Eastern e-tailer Souq.com

The e-commerce giant may have competition in its bid for Dubai-based online retailer Souq.com, however, as Emaar Malls has submitted a competing offer, according to reports from multiple media outlets.

Shipping NewsPosted on: March 28, 2017

Scotland’s deepest container terminal expects business to double

The Greenock Ocean Terminal, Scotland’s deepest container terminal, has projected its container volumes will double between now and 2021 thanks to the new Liverpool2 terminal that opened late last year.

Shipping NewsPosted on: March 28, 2017

Executive Moves: Greencarrier Freight Services and Alaska Airlines

Greencarrier Freight Services appoints chief executive officer, and Alaska Airlines names vice president of airport operations and customer service.

Shipping NewsPosted on: March 28, 2017

NCDOT mulls elimination of seven CSX rail crossings

The North Carolina Department of Transportation is holding public hearings this week to discuss two proposed projects that would eliminate seven road-level crossings on a CSX rail line in Wake Forest and Raleigh.

Shipping NewsPosted on: March 28, 2017

UP consolidates management divisions

Omaha, Neb.-based Class I freight railroad Union Pacific is combining its Pocatello service unit leadership with its Portland and Utah units and reassigning five management positions to other locations, the company said in a statement.

Shipping NewsPosted on: March 28, 2017

Martinair Cargo launches five new routes

Starting March 26, 2017, Air France KLM Martinair Cargo began offering direct connections between Paris and Accra, Ghana, as well as Amsterdam and Freetown, Sierra Leone; Monrovia, Liberia; Cartagena, Colombia; and Minneapolis, Minn.

Shipping NewsPosted on: March 28, 2017

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  • Gemini Shippers joins coalition seeking suspension of detention and demurrage charges
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Gemini Shippers Association

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Fashion Accessories Shippers Association

www.fasa.nyc

137 West 25th Street, 3rd Floor
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info@fasa.nyc
212-947-3424