Since last week alone, the index has fallen 4.1 percent to a reading of 825.10, with rates declining from Shanghai to Northwest Europe, the Mediterranean and the United States.

Port Tampa Bay appoints VP of operations, while DHL Supply Chain names managing director for its Hong Kong and Macau business.

During the first four months of the South Carolina Ports Authority’s fiscal year, which began July 1, 2016, container volumes reached 689,753 TEUs, a 1.7 percent increase from the same period in 2015.

The Pittsburg, Kan.-based transportation and terminal services provider’s purchase includes 14 inland waterway facilities, four rail and truck terminals, and two deep water port operations across the southern and midwestern United States.

Descartes Systems Group has acquired 4Solutions, an Australia-based provider of cloud-based business-to-business supply chain solutions, for about $2.7 million

The German shipowner and breakbulk ship operator said it sees no signs of a recovery in the general economic conditions for the final quarter of the year.

Cindy Sanborn, chief operating officer of the Class I railway, told investors and analysts at the Baird 2016 Industrial Conference in Chicago the company expects an $0.08 impact to fourth quarter earnings per share due to costs from debt refinancing.

The Atlanta, Ga.-based parcel giant will spend $196 million to expand its Jacksonville, Fla. ground package hub to add more than 260,000 square feet to the building and automation.

The logistics provider and container terminal operator’s intermodal segment was especially successful during the period.

The parcel giant signed a 10-year lease with the Port Authority of New York and New Jersey for a 20,625-square-foot building adjacent to FedEx and UPS facilities at Stewart International Airport.