Ocean carrier COSCO continues to give no details other than to say it is “contemplating a plan on a material event” but claims trading suspension in not expected to exceed an additional month.
UPS to hire over 90,000 seasonal workers
The parcel carrier expects to hire between 90,000 and 95,000 seasonal employees to support the anticipated increase in package volumes during the holidays.
FedEx to raise U.S. shipping rates
FedEx Express, Ground, Home Delivery, and Freight rates in the United States will each increase by an average of 4.9 percent, effective Jan. 4, 2016, according to a statement from the company.
Port of Livorno to publish tender for new container terminal
The Tuscan port unveiled plans for Europa Platform, a new container terminal complex with a 20-meter draft that will be able to handle ultra large containerships.
Schneider Intermodal eases restrictions on cross-border service into Mexico
The truckload, intermodal and logistics services provider now offers intermodal shippers easier cross-border clearance and inspection services for certain commodities that originate in the United States or Canada destined for Mexico via rail.
AirBridgeCargo volumes rise 17%
The Russian cargo airline has handled 300,000 tons of cargo in the first eight months of 2015, a 17 percent increase compared with the same period last year.
NYK takes delivery of Japan’s first LNG-fueled tugboat
The Japanese liner company took delivery of Japan’s first LNG-fueled tugboat Aug. 31, which will primarily operate at the ports of Yokohama and Kawasaki.
Hansa Heavy Lift opens regional office in Monaco
The new office in Monaco will allow the company to take greater advantage of markets throughout South Europe and enable the team to offer customers in the region real-time support.
Executive Moves: Tiger Cool Express and ShipServ
Tiger Cool Express appoints two VPs and chief commercial officer, while former V.Ships CEO joins ShipServ board.
Centrolene to launch new forwarder technology, network platform
The Singapore-based IT provider’s platform is aimed at mid-market forwarders who need modern IT applications and global partner connectivity to compete with major global forwarders.