The Qatar-based company is expanding its operations within Oman to include warehousing and third-party logistics services since having transferred its transshipment hub to Sohar, Oman.
Harrison addresses CSX service disruption issues
In an email last week, CSX CEO Hunter Harrison apologized for the delays plaguing customer freight, citing employee resistance to planned transitions.
West Coast dockworkers ratify contract extension with PMA
Sixty-seven percent of International Longshore and Warehouse Union members voted in favor of the extension, according to balloting results from all longshore locals within the states where ILWU members voted.
Industrial real estate vacancy drops amid higher rent prices
Vacancy in industrial warehousing across the nation recently hit a 17-year low of just 5.3 percent, while rental prices are up by more than one-third from 2012 levels, leaving customers asking what the right mix of costs are for their supply chains.
CEVA Q2 loss widens despite higher revenues, volumes
The non-asset-based supply chain management and third-party logistics provider’s airfreight volumes soared 15.6 percent year-over-year during the quarter, fueled by the transpacific and intra-Asia trades.
Trojan Maritime bulk carrier banned from Australian ports
The Bahamas-flagged bulk carrier MV Rena won’t be allowed to re-enter any Australian port until the first quarter of 2018, according to the Australian Maritime Safety Authority.
Uber Freight expanding to more U.S. markets
The new trucking industry arm of the now-ubiquitous ridesharing application is expanding its focus to major metro areas across California, Arizona, the Chicago-Midwest region, Georgia, South Carolina and North Carolina.
Nine missing after vessel collision on Amazon River
The containership Mercosul Santos collided with a tug boat pushing several barges upriver on the Amazon early Wednesday morning, leaving nine of 11 tug crew members missing.
COSCO Ports enters into merger agreement with Dalian Container Terminal
The port terminal operator arm of Chinese conglomerate COSCO Shipping will merge three terminal operators into one business entity at the Port of Dalian, according to an official statement from COSCO Ports.
South Korea’s 14 container carriers to form shipping consortium
In addition, the country’s largest carrier, Hyundai Merchant Marine, is reportedly looking to allocate more vessels to U.S. routes thanks to rising demand.