France’s Autorité de la Concurrence has ordered Netherlands-based TNT Express and third party logistics provider Kuehne + Nagel of Switzerland to pay nearly $100 million in fines for alleged anti-competitive behavior in the French parcel delivery sector.
PLS Logistics opens new office in San Antonio
The logistics management services provider opened its 11th office in the United States in San Antonio, Texas.
DB Schenker acquires U.K. trucking carrier
Schenker AG will purchase Redhead International and merge its operations with those of subsidiary DB Schenker Logistics in the United Kingdom, according to a statement from the company.
LPG tanker fire causes Houston Ship Channel closure
Authorities reopened the important chemical and cargo gateway after a three-hour shutdown on Monday.
COSCO, CSCL stock sinks following merger announcement
Shares of both China-owned shipping companies took a beating yesterday when trading resumed after a months-long suspension due to a pending merger deal.
U.S.-flag Great Lakes freighters post weak November volumes
A total of 7.9 million tons of cargo were transported by U.S.-flag Great Lakes freighters in November, which carried 79.8 million tons of cargo during the first 11 months of 2015, year-over-year declines of 15 percent and 1 percent, respectively.
Florida’s path to becoming a major logistics gateway
Several community leaders at the Florida Chamber Foundation’s Transportation Summit discussed what Florida currently has to offer the logistics industry and steps the state needs to take in order to become a major logistics gateway.
Executive Moves: J.B. Hunt and Smartrac
J.B. Hunt Transport Services has named a new CIO, while Smartrac appoints VP of systems and solutions.
Contargo introduces new Frankfurt-Rotterdam rail connection
The Swiss-based logistics services provider will offer a new rail connection for containers between Rotterdam, Netherlands and Frankfurt, Germany.
Federal supply chain advisory committee seeks new members
The Commerce Department is looking for individuals to sit on a panel that makes recommendations on supply chain competitiveness.