The global third-party logistics provider posted revenues of 5.6 billion euros for fiscal year 2015, a 6.5 percent year-over-year increase.
TIACA: air cargo industry can help stop IPR violators
The International Air Cargo Association said the industry, especially the intermediaries, has a role to play in keeping products that infringe on intellectual property rights out of the supply chain.
Hapag-Lloyd, UASC in merger talks
German ocean carrier Hapag-Lloyd revealed it is discussing a possible merger with United Arab Shipping Company.
WWL adds third post-panamax ro/ro ship
Wallenius Wilhelmsen Logistics has taken delivery of the third of eight new roll-on/roll-off vessels that will use the new, larger Panama Canal locks.
HCI Capital buys German shipping company
Investment firm HCI Capital has taken over Hamburg-based shipping company Ernst Russ GmbH & Co., with its fleet of seven container and four ro/ro vessels.
China tightens coal, steel finance while encouraging exports
China’s central bank will tighten finances to steel and coal projects to help accelerate the government’s culling of industrial overcapacity, while encouraging companies to export products and projects overseas.
Port of Rotterdam posts Q1 throughput figures
The port’s throughput rose 0.2 percent year-over-year in the first quarter of 2016, as an increase in crude oil and oil products was offset by a drop in dry bulk and container volumes.
CMA CGM postpones deployment of 18,000-TEU ships in transpacific
The decision is a reversal of plans announced in March, when the ocean carrier said it would deploy its flagship fleet of six, 18,000-TEU containerships between Asia and the United States West Coast starting in May.
Food producer says SOLAS rule ‘most urgent issue’ for shippers
Agriculture shippers ask Senate for help with overcoming “significant challenges” in ocean shipping that could hurt the American economy.