The owners of the Singapore-listed logistics provider Cogent Holdings Ltd. are seeking a buyer for the firm in a deal that could be worth over $280 million, according to reports from the Wall Street Journal.
Port of Oshawa sees volumes rise in 2015
The Canadian port’s $4.1 million rail spur that opened in May made it possible to move steel that arrived by ship out west.
U.S., Colombia enhance beef trade
The United States and Colombia reached agreement this week to reduce certain certification requirements on U.S. beef products entering the South American country.
Firm seeks authority to export LNG to Caribbean
Eagle LNG Partners said it wants to build a liquefaction facility near Jacksonville, Fla. to ship liquid natural gas to the Caribbean, pending federal approval.
Euronav reports strong growth in 2015
The international oil shipping services provider posted net profits of $350.1 million on revenues of $846.5 million for 2015.
Ryder to use 15 LNG trucks for Shell Oil fleet
Ryder Systems operates a dedicated fleet for Shell and is swapping out some diesel trucks for ones powered by natural gas.
CBP seizes over 16,000 counterfeit hoverboards
The hoverboards, which were seized by United States Customs and Border Protection officers in Chicago, Ill., arrived from China via air shipments and ocean containers.
C.H. Robinson adds airfreight screening in L.A. area
C.H. Robinson has opened a second airfreight screening facility at Carson, Calif., to reduce delays for shippers and improve cargo tracking.
Shipco adds Taipei, Qingdao airfreight offices
Consolidator Shipco Airfreight has added new offices in Taipei, Taiwan and Qingdao, China.
Executive Moves: Port of Longview, DP World Group, ShipHawk and Port of Houston Authority
Port of Longview appoints interim CEO and DP World Group’s CEO retires, while ShipHawk names chief revenue officer and the Port of Houston Authority reappoints commissioner.