The third-party logistics provider’s shareholders voted overwhelmingly yesterday to adopt the previously announced merger agreement by Danish supply chain specialist DSV.
Indiana to study development of fourth port
Governor Mike Pence is pushing for a new port in southeastern Indiana to grow the economy and provide another transportation option for shippers.
Turkish ship management firm pleads guilty of pollution crime
Ciner Gemi Acente Isletni Sanayi Ve Ticaret S.A., a ship management company in Turkey, pleaded guilty and was sentenced in federal court in Baltimore for violating the Act to Prevent Pollution from Ships.
Hapag-Lloyd, Arkas Line launch new Med-Black Sea service
The liner carriers will commence a weekly loop between Egypt, Israel, Turkey and Black Sea ports next month.
Port of Zeebrugge posts 9.9% volume decline in 2015
The Belgian port reported a surge in vehicles throughput in 2015, but container volumes fell dramatically compared to the previous year.
Dublin Port experiences 6.4% tonnage increase
The Irish port handled 32.8 million gross tons of cargo in 2015, a 6.4 percent increase from 2014.
Intermodal rates drop for 12th straight month
Rates fell another 3.8 percent in December compared to last year, the 12th consecutive month prices have decreased, according to the latest Cass Intermodal Price Index.
Truckload rate growth slows in December
Truckload pricing grew just 1.1 percent for the month compared to December 2014, the tenth consecutive monthly increase, according the latest Cass Truckload Linehaul Index.
Lufthansa Cargo reports drop in throughput
The German cargo airline carried 1.6 million tons of freight and mail in 2015, around a 2 percent decline from 2014.
Is Amazon entering the ocean freight business?
An Amazon China unit has registered as a non-vessel-operating common carrier with the Federal Maritime Commission, a move that could make it easier for third party companies to sell goods through the e-commerce giant’s “Marketplace.”