The ocean carrier has committed to using an electronic filing solution from INTTRA to comply with pending container weighing rules set to come into force July 1.
COSCOCS rebrands bulk division, appoints new president
The newly merged China COSCO Shipping Co. officially launched COSCO Shipping Energy Transportation Co. earlier this week and appointed Sun Jiakang to lead the bulk segment of China’s largest shipping conglomerate.
Chinese construction firm to purchase Frankfurt Hahn Airport
Shanghai Yigian Trading Company has acquired an 82.5 percent share in the struggling airport from German federal state Rhineland-Palatinate for an undisclosed sum, according to a statement from the state government.
WDS opens new warehouse in Savannah
The Cleveland, Ohio-based logistics solutions provider expanded its nationwide warehouse network with the opening of a 100,000-square-foot warehouse near the Port of Savannah.
China’s exports stabilize, while imports hint at improving demand
The country’s export volumes stabilized in May, with a weakening currency giving some support to growth in the world’s biggest trading nation, while imports signaled improvement in domestic demand.
Executive Moves: PECO, Union Pacific and CenterPoint
PECO names chief executive officer, Union Pacific appoints chief legal officer and CenterPoint annouces senior vice president of development.
G6 suspends transpacific service
The ocean carrier alliance will suspend its Central China 1 loop for six weeks, which is dedicated to the transpacific trade, while the Central China 2 loop will add calls during those six weeks to provide additional coverage.
Great Lakes iron ore volumes sink in May
Shipments from U.S. ports fell 8 percent year-over-year to 5.5 million tons in May, while loadings from Canadian ports tumbled 20 percent year-over-year to 556,000 tons.
Pasha leases 21 acres from Tradepoint Atlantic in Baltimore for automotive processing
The San Rafael, Calif.-based global logistics and transportation services provider will begin processing vehicles in Baltimore next month.
DHL opens new $37m logistics facility at Hanover Airport
DHL Express Germany’s new 32.5 million euro (U.S. $36.88 million) logistics center at Hanover Airport in Germany consolidates the functions of two formerly separate sorting facilities into one 30,000-square-meter site.