Wilh. Wilhelmsen ASA and Wallroll AB, joint owners of Wallenius Wilhelmsen Logistics, EUKOR Car Carriers and American Roll-on Roll-off Carrier, have created a new ownership structure to enhance efficiency and increase cooperation between affiliates.
CMPort grows profit on higher volumes in 2016
Port terminal operator China Merchants Port Holdings Co. Ltd. saw 2016 earnings jump 14.3 percent to $5.49 billion Hong Kong (U.S. $706.5 million) compared with the previous year as container throughput grew 14.5 percent to 95.8 million TEUs.
Navios Logistics inaugurates iron ore facility in Uruguay
The iron ore transshipment and storage facility in Uruguay’s Nueva Palmira Free Zone can transship 10 million tons per year.
Qatar Airways Cargo launches new service to Phnom Penh
The airline’s new service to Phnom Penh, Cambodia took off Monday with an A330 freighter.
Executive Moves: Bureau Veritas, Greenville & Western and Glander International
Bureau Veritas promotes senior executive vice president, while Greenville & Western Railway Co. appoints general manager and manager of mechanical and transloading, and Glander International Bunkering hires two new traders in Mumbai.
European shippers remain concerned about capacity shortage
The European Shippers’ Council said some shipments from Europe to Asia have been delayed up to eight weeks.
BluJay acquires last mile mobility solutions provider
BluJay, the new brand for merged supply chain software companies Kewill and LeanLogistics, has purchased a United Kingdom-based maker of mobile tracking and shipment notification solutions.
FMC’s Khouri to meet with European, Chinese regulators
The April meeting in Beijing will be the third global regulatory summit between Federal Maritime Commission, China’s Ministry of Transport and the European Commission’s Directorate General for Competition.
HHI to invest $3.1b in R&D by 2021
Hyundai Heavy Industries Group is pushing ahead with new investments, and plans to more than double its number of researchers in the wake of its official split into four separate companies.
New research group addresses supply chain blockchain relevancy
Chain Business Insights released a new eBook this week intended to be a primer for supply chain professionals to understand blockchain’s applications in the industry.