The logistics enterprise software provider’s acquisition spree continues with deals for ocean and air freight rate management solutions providers in United States and Europe.

The logistics enterprise software provider’s acquisition spree continues with deals for ocean and air freight rate management solutions providers in United States and Europe.

The key to making a profit in the shipping industry is managing fleet growth to ensure the balance between supply and demand is just right, according to Peter Sand, chief shipping analyst at the Baltic and International Maritime Council (BIMCO).

Among the issues the Jacksonville, Fla.-based Class I railroad has been facing since new CEO E. Hunter Harrison took over earlier this year are unpredictable transit times, gateway congestion, unreliable switching operations and poor customer service.

The Texas Gulf Coast port and U.S. Army Corps of Engineers have executed a project partnership agreement that aims to widen the Corpus Chirsti Ship Channel to 530 feet.

The electronic logging device (ELD) mandate, scheduled to take effect Dec. 18, 2017, requires that ELDs be installed on all interstate commercial vehicles model year 2000 and newer.

The Seattle-based third-party provider’s new subsidiary, Cargo Signal, has a proprietary, sensor-based logistics system, as well as a global command center that’s open 24 hours a day, 365 days a year, according to Expeditors International.

The mid-Atlantic port handled a record 240,605 TEUs during the month, a 2.2 percent increase compared to the year prior, but saw volumes of loaded exports, as well as containers at Virigina Inland Port, fall compared with the same month a year ago.

The Chinese giant is looking to expand via the Belt and Road Initiative by offering to buy warehousing and logistics firm CWT Ltd, according to multiple news sources.

Canadian Pacific and the Teamsters Canada Rail Conference-Train & Engine tentatively agreed on a one-year renewal of their existing labor agreement.