Chewy will build a large fulfillment center in Ocala, Fla., which will employ 600 people.
Port of Piraeus posts earnings, volumes for 2016
The Greek port’s box volumes declined in 2016 from a year prior amid increased volumes at the car terminal, while revenues ticked up 3.6 percent.
Southeastern Freight Lines continues Texas expansion
Less-than-truckload carrier Southeastern Freight Lines has opened a new service center in Garland, Texas, its fourth in the state over the past 18 months.
Shippabo secures $1.8m in funding
The cloud-based import management platform, founded in 2015, helps shippers track forwarders, customs documentation, and trucking and drayage services.
SCFI declines 6.3%
Rates from Shanghai to North Europe fell 6 percent since last Friday to $858 per TEU, according to the Shanghai Containerized Freight Index.
RUSCON acquires SLG-Operating
Smart Logistics Group-Operating provides warehouse and logistics services to a wide variety of customers, a few of which include Microsoft, Pepsi, Danone, Castorama, Kimberly-Clark, Haier and Cargill.
Mantle Ridge fires back at CSX
Activist investor Paul Hilal’s hedge fund was looking for a swift and amicable transition for outgoing Canadian Pacific President and CEO E. Hunter Harrison to join U.S. Class I railroad CSX, but negotiations have taken a decidedly hostile turn this week.
ZIM signs up with Alibaba
The Israeli ocean carrier signed up with Alibaba to allow customers of the e-commerce site to book space on its vessels, Reuters reported.
Union Paving and Construction Co. wins contract with Port of NY/NJ
The Port Authority of New York and New Jersey awarded a contract to Union Paving and Construction Co., Inc. for upgrades at the Greenville Yard.
2M Alliance to adjust transatlantic string
Changes are being made to the alliance’s TA2/NEUTAL2 loop effective April 1.