National Retail Systems will use converted drayage tractors to pull containers from the port to its container yard, with the ability to move containers to L.A.-area IKEA stores in the next phase.
Startup Cargo Chief gets $10m in funding
The technology provider is aiming to provide shippers with a Kayak.com-like platform to procure capacity and track shipments for truck freight transportation.
Softship releases new applications for liner carriers
The software provider’s new application is intended to help carriers and agencies with capacity planning, bunker consumption, and scheduled location versus actual location.
FMC reviews 8 OTI license applications
The U.S. Federal Maritime Commission has received eight ocean transportation intermediary license applications and changes for review.
GRI Roundup: Maersk Line, CMA CGM, CSCL, Hanjin, Yang Ming, “K” Line, MOL, Hamburg Sud and UASC
Ocean carriers Maersk Line, CMA CGM, CSCL, Hanjin, Yang Ming, “K” Line, MOL, Hamburg Sud and UASC issued general rate increases.
Executive Moves: CEVA and Cathay Pacific Airways
CEVA appoints new Australia/New Zealand managing director, while Cathay Pacific Airways names executive director.
Trading in COSCO, China Shipping stocks remain suspended
Shares of the two state-owned Chinese ocean carriers have been frozen in Hong Kong for nearly a month now.
Industry seeks ground rules for future federal intervention in port-labor disputes
A Commerce Department advisory committee is poised to ask for quicker mediation response in wake of the West Coast port slowdown that took place less than a year ago.
Saverco expands control over CMB
Saverco NV, a controlling shareholder of Antwerp-based cargo ship and aircraft lessor CMB, will seek to purchase all outstanding shares of CMB.
Jettainer manages ULDs for WestJet
Third-party provider of unit-load devices Jettainer said it will manage air cargo pallets and containers for WestJet’s new international flights.