Netherlands-based container supplier CARU Containers purchased Chinese container trader Fine Link for an undisclosed sum March 1.
Newark, N.J. mayor asks for federal investigation into longshore hiring
Mayor Ras Baraka sent a letter to Secretary of Labor Thomas Perez and several other federal agencies complaining that too few minorities and women are being hired for dockworker positions at Port of Newark and Port Elizabeth in New Jersey.
Florida increases funding for port projects
The Florida legislature has bumped up port funding this year to $153 million and opened the door for greater amounts in the future.
U.S. import, export prices decline in February
Price indexes for U.S. imports and exports dropped 0.3 percent and 0.4 percent month-over-month, respectively, according to the United States Department of Labor’s Bureau of Labor Statistics.
VersaCold to acquire refrigerated road transport company
Supply chain solutions company VersaCold Logistics Services entered into an agreement to acquire Coastal Pacific Xpress for an undisclosed sum.
BNSF aims to help shippers find shovel-ready industrial properties
The BNSF Site Certification program is designed to accelerate development of land along the railroad’s network and increase its customer base.
Helicopter crash leaves two dead in containership post-rescue effort
A Taiwan National Airborne Service Corps helicopter crashed after dropping members of the country’s Environmental Protection Agency on to the grounded TS Taipei to evaluate any potential environmental risks, according to local media reports.
PwC: Cargo carriers must disrupt themselves, or be disrupted
To defend against new strategies and niche value offerings, operators should leverage their specific expertise and develop flexible capabilities that address changing shipper needs, according to a new report from PricewaterhouseCoopers’s Strategy& team.
Troy Container Line launches new services
The non-vessel operating common carrier unveiled its new direct import service from London to New York, along with a new less-than-container-load export service to Russia that will be offered from all 21 U.S.-based container freight stations.
GRI Roundup: Maersk Line, MSC, CMA CGM, Hapag-Lloyd and OOCL
Ocean carriers Maersk Line, MSC, CMA CGM, Hapag-Lloyd and OOCL issued general rate increases.