The London-based shipping consultant is predicting that carrier profit margins this year will be influenced by big swings in both prices and costs.

The logistics company, headed by industry vet Bill Aldridge, will use GT Nexus’s cloud-based platform to improve visibility all the way to ordering for its customers.

The outdoor power products manufacturer’s 513,000-square-foot warehouse will support an existing manufacturing plant in Orangeburg, S.C.

The global customs broker will expand in China and Taiwan based on customer demand as trade compliance processes decentralize in the region.

London’s transport authority is catalyzing the transition from diesel to battery-powered vehicles by funding Gnewt Cargo Ltd., which operates the city’s largest all electric delivery fleet.

The container terminal operator’s newly established venture capital arm for funding startups, PSA unboXed, will have an initial fund size of 20 million Singapore dollars.

The U.S. Federal Maritime Commission has received 13 ocean transportation intermediary license applications and changes for review.

The 4,650-TEU Safmarine Meru, the first ship on the 2M Alliance’s new TP18/Lone Star Express service, had only 400 containers on board, while the other ship, the Northern Jasper, was off-hire, according to Maersk Line officials.

The 4,650-TEU Safmarine Meru, the first ship on the 2M Alliance’s new TP18/Lone Star Express service, had only 400 containers on board, while the other ship, the Northern Jasper, was off-hire, according to Maersk Line officials.

Neptune Orient Lines attributed the loss to deteriorating freight rates, but anticipates the proposed acquisition of APL by CMA CGM should help the company regain profitability.