Although visibility is often used synonymously with global transportation management systems, it’s actually a layer atop true global TMS platforms, according to Kewill VP of multimodal transportation solutions Walt Heil.

Asian container volumes at JAXPORT surged 16 percent year-over-year to 157,689 TEUs for the first six months of fiscal year 2016, which commenced Oct. 1, 2015.

GE’s Marine Solutions signed a contract to provide its new power take off/power take in technology to ocean carrier Maersk Line for 11, second generation 19,630-TEU Triple-E containerships.

The current monetary policy environment is hurting the industry by delaying a badly needed wave of consolidation, according to A.P. Moeller-Maersk A/S CEO Nils Smedegaard Andersen.

Exports from China in April grew 4.1 percent in yuan terms compared with the same 2015 period, while the country’s imports extended a streak of declines to 18 months, according to data from the Chinese customs administration.

The ousting of the co-founder of high profile Southern California-based truckload capacity marketplace Cargomatic, often referred to as the “Uber of trucking,” follows drastic staff cuts in March.

First quarter 2016 earnings from Berkshire Hathaway Inc.’s railroad subsidiary fell 25 percent to $784 million compared with the first quarter of 2015, primarily due to falling coal volumes.

The ‎Sulaibiya, Kuwait-based integrated logistics provider posted a net profit of 13.1 million Kuwaiti Dinars (U.S. $43.47 million) in first quarter 2016 despite revenues falling 6.1 percent year-over-year to 298.8 million Kuwaiti Dinars.

Domestic container loads recorded a 6.4 percent increase for the quarter, while international volumes grew 3.8 percent compared with the same 2015 period, according to data from the Intermodal Association of North America.

Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd and OOCL issued rate increases.