The Chesterfield, Mo.-based transportation and shipping management software firm reached an agreement to acquire Seattle-based technology company Ajillus.
CMA CGM begins consolidating different brands
The French ocean carrier, which earlier this year acquired a majority of NOL, the parent company of ocean carrier APL, will consolidate the existing transpacific businesses of its ANL and US Lines brands between North America and Asia under the APL brand.
Drewry: Container industry may lose $5b in 2016
The London-based shipping research and consulting firm said carriers can’t cut costs fast enough in an industry where revenues may be $50 billion below what they were in 2014.
OOIDA: E-logs violate Fourth Amendment rights of drivers
The Owner-Operator Independent Drivers Association is suing the Federal Motor Carrier Safety Administration over the government’s mandated use of electronic logging devices, which it claims does not advance safety and is “arbitrary and capricious.”
APL Logistics establishes joint venture in Oman
Singapore-based global cargo transportation and logistics company APL Logistics Ltd. launched a joint venture with Arab Global Logistics LLC in Oman.
Port of Hamburg posts decline in throughput
Although cargo throughput at the German port for the first six months of the year slipped 0.9 percent from the same period in 2015, seaport-hinterland traffic by rail rose 3.9 percent.
Executive Moves: Crowley, Fleet Advantage and CEVA
Crowley Maritime promotes new vice president of strategy, while Fleet Advantage expands the role of its chief technology officer and CEVA Logistics appoints country manager for Costa Rica.
BNSF Q2 dividend lowest since 2010
The Berkshire Hathaway-owned Class I railroad recorded a $500 million distribution to its parent during second quarter 2016, half what it contributed the previous year, according to regulatory filings.
North American freight market decline continues in July
Shipment volumes were flat from the previous month, and expenditures were down just 0.6 percent, but both still remained well below 2015 levels, according to the latest Cass Freight Index Report.
GPA extends agreement with Consolidated Chassis Management
As a result of the extended agreement, truckers will continue to have access to a common pool of chassis at the Port of Savannah.