Silicon Valley-based Turvo’s platform launched Tuesday, allowing shippers, brokers and carriers to work together in real-time across the entire supply chain.
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.
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.
EUROGATE Intermodal extends rail network into Eastern Europe
New, direct rail connections link Germany to eastern and southern Europe.
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.
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.
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.
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.
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.
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.