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BNSF Logistics heads south to Mexico

The logistics provider will expand its presence into Mexico via its subsidiary, BNSF Railway Servicios de Logistica, located in Queretaro, Mexico.

Shipping NewsPosted on: April 20, 2017

K + N posts Q1 2017 financial results

The Swiss-based third-party logistics provider’s net turnover for the quarter rose 7.2 percent from the corresponding 2016 period, while the seafreight and airfreight segments experienced a boost in volumes.

Shipping NewsPosted on: April 20, 2017

iContainers opens Dominican Republic office

The digital freight forwarder is scheduled to open more offices in South America later this year.

Shipping NewsPosted on: April 20, 2017

‘THE’ Alliance transatlantic loop calls Port of Philadelphia

The weekly AL1 service, operated by “THE” Alliance, made its first call to the Packer Avenue Marine Terminal Wednesday with the 4,600-TEU YM Essence.

Shipping NewsPosted on: April 20, 2017

CSX Q1 2017 profits flat despite increased revenues

The Jacksonville, Fla.-based Class I railway saw net earnings tick up 1.6 percent to $362 million for the quarter even as revenues jumped 9.6 percent to $2.87 billion compared with the same 2016 period.

Shipping NewsPosted on: April 20, 2017

Rickmers Group unveils restructuring plan

The Hamburg-based maritime services provider’s owner, Bertram Rickmers, could see his stake reduced to 24.9 percent under the deal.

Shipping NewsPosted on: April 20, 2017

North American freight market growth continues in March

Shipment volumes for the month grew 0.5 percent from February and 0.9 percent from March 2016, while expenditures were down 1.2 percent sequentially but up 3 percent year-over-year, according to the latest Cass Freight Index Report.

Shipping NewsPosted on: April 20, 2017

CP’s profits tumble in Q1 2017

The Canadian Class I railway’s profit for the quarter tumbled 20.2 percent year-over-year, despite modest increases in revenues and volumes.

Shipping NewsPosted on: April 20, 2017

Samskip Logistics buys NJ-based freight forwarder

Samskip Logistics USA’s acquisition of Rimar Consultants is increasing Samskip’s reefer portfolio.

Shipping NewsPosted on: April 20, 2017

Royal Vopak to expand Santos terminal

Tank storage company and terminal operator Royal Vopak’s expansion at the Port of Santos will add 16 new tanks, boosting the terminal’s total capacity to 235,000 cubic meters.

Shipping NewsPosted on: April 20, 2017

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