A total of 1.75 million tons of cargo were transported by U.S.-flag Great Lakes freighters during the month, a 112 percent increase from March 2015.
KCS invests in Midwest, Gulf rail line upgrades
Kansas City Southern Railway Co. will invest about $20 million in 2016 in construction and improvements along its mainline, which transits through Kansas, Missouri, Oklahoma, Arkansas and northwest Louisiana.
UASC opens new agency in Uruguay
The ocean carrier opened a new joint-venture agency in Uruguay and will inaugurate new agencies in Brazil and Argentina.
Executive Moves: SAL, Union Pacific and Johanson Transportation Service
SAL appoints manager of Singapore office, while Union Pacific appoints cyber-security expert to board and Johanson Transportation Service announces promotions.
Michael C. Fina Closing Store, Continuing Online
Michael C. Fina, the 81-year-old jewelry store known for both its bridal registry and its Park Avenue address, will be closing its store on April 16. After that date, the retailer will operate exclusively on the web. “Our sales have quickly moved from our physical store to our website, and our customers are regularly telling […]
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Qatar Airways Cargo launches first mobile app
The cargo airline unveiled its QR Cargo application, which is available for both Android and iOS devices and gives customers detailed visibility into the status of their shipments.
SeaIntel: Container shipping reliability falls again in February
Taiwanese ocean carrier Wan Hai had the highest on-time performance score out of the top 20 ocean carriers during the month at 82.9 percent, according to Denmark-based consulting firm SeaIntel Maritime Analysis’ Global Liner Performance report.
FedEx sells 3b euros of bonds in first non-dollar issue
The Memphis, Tenn.-based parcel carrier and logistics provider will use the proceeds to help finance its planned 4.4 billion euro purchase of Dutch delivery company TNT Express NV.
Forwarder survey finds IT adoption key to preserving yield
Rate management software provider Freightos surveyed more than 90 forwarders on their perspectives on customer service and technology adoption.
Evergreen begins calling Busan New Container Terminal
Taiwanese ocean carrier Evergreen Line has joined the Ocean 3 Alliance’s Phoenician Express Service/BEX2 loop between the Far East and the Mediterranean.