A federal factfinding agency’s report said while lifting U.S. trade and travel restrictions to Cuba will inevitably expand exports to the Caribbean country, those opportunities in the medium term may be modest at best.
Kuehne + Nagel’s profits grow in Q1 2016
The Swiss-based third-party logistics provider increased net profits 10.5 percent year-over-year to 169 million Swiss francs for the first quarter of 2016.
Droids not drones are the future of e-commerce deliveries
Delivery robots designed by Starship and a startup called Dispatch will begin transporting goods from local businesses directly to customers later this year.
ZIM to offer new string between Asia and U.S. East Coast
ZIM Pacific Atlantic Service (ZPA) will start in early May and offer connections from the U.S. East Coast to South Korea and China.
MarAd awards grants to small shipyards
Nine shipyards will share $4.9 million from the U.S. Maritime Administration for modernization projects aimed at making them more globally competitive.
Swiss WorldCargo partners with cold-chain specialist va-Q-tec
Swiss WorldCargo, the air freight division of Swiss International Air Lines Ltd., has entered an agreement with va-Q-tec to provide cold-chain services for its global network.
Panalpina expands LCL offerings
The freight forwarding and logistics company launched two new less-than-container-load services.
Korean steelmaker to build plant at Port of Indiana
South Korean steelmaker POSCO this spring plans to start building a $19 million wire rod processing plant at the Port of Indiana-Jeffersonville.
time:matters expands same-day services from Portugal
Third-party logistics services provider time:matters has expanded its same-day services from Portugal to about 20 destinations across Europe.
HKIA posts March cargo volumes
The airport handled 368,000 metric tons of cargo in March, a 1.1 percent year-over-year increase, primarily driven by 5 percent growth in exports and 3 percent growth in transshipments.