FASA

ZIM will join the CKYHE Alliance’s AWE1 and AWE8 services, while Hanjin will join the Israeli ocean carrier’s Z7S service later this month.

Hampton Roads chassis pool will use IAS to develop ChassisManager, which is designed to bring the beneficial cargo owners into the billing equation based on based on their carrier- or merchant-haulage contracts.

Net orders for North American Class 8 trucks tumbled 59 percent year-over-year in November, according to preliminary data from freight forecaster FTR Transportation Intelligence.

The shipping company commenced the CTX5 service last week between Hong Kong, China and Southeast Asia.

The Russian port operator and stevedoring company posted net profits of $156.5 million on consolidated revenues of $654.7 million for the first nine months of 2015.

UPS’s agreement with Connect India is intended to give small businesses and artisans access to the parcel giant’s global reach though a network that reaches more than 8,000 small towns and semi-urban areas.

3GTMS has appointed a new chief operating officer, while CEVA Logistics names contract logistics manager for Iberia region.

Trucking carrier Old Dominion Freight Line, Inc. reported less-than-truckload tons per day grew 4.4 percent and 3.1 percent year-over-year in October and November despite indications U.S. shipping would slow in the fourth quarter.

China State Shipbuilding Corporation plans to build a 38,800-dwt bulk carrier in 2016 that will be “based on big data” and feature up-to-date information technology including real-time data transmission and collection, digital modeling and remote control.

The Organization of the Petroleum Exporting Countries met in Vienna, Austria Friday to discuss policy, and the group appeared unlikely to cut oil output levels, which could exacerbate global oversupply.