The Icelandic liner carrier posted net earnings of 8.5 million euros on operating revenues of 129.7 million euros for the third quarter of 2015, year-over-year increases of 12.7 percent and 8.5 percent, respectively.
APMT completes phase 2 of Aqaba Logistics Village
The second phase of the Aqaba Logistics Village, which includes 13,000 square meters of warehousing and 40,000 square meters of open yard space, opened Nov. 12.
IAG Cargo launches Cargo Connector import service in the U.S.
The airline group recently commenced its new Cargo Connector delivery service, which takes freight directly from the aircraft and delivers it to the forwarder’s handling facilities, for the first time in the United States
MacGregor wins contract from Hyundai Heavy Industries
The company, part of cargo handling solutions provider Cargotec, has been contracted by South Korean ship builder Hyundai Heavy Industries to deliver comprehensive roll-on/roll-off access equipment packages for two post-Panamax ro-ro vessels.
Executive Moves: CSX and CLECAT
CSX has named its vice president of strategy, while European forwarder association CLECAT appoints new president.
The ‘new’ railroad service imperative: Reliability over speed
One of the common themes in presentations from railroad industry executives and experts at the RailTrends 2015 conference in New York City was the shift in customer expectations from that of a speed-oriented service to one based on reliability.
Latest Affluent Consumer Tracking Survey Reveals Uptick in Spending
Stevens, PA—Finally some good news for retailers—those that cater to more affluent consumers that is. The good news is that affluents increased their average three-month spending on high-end or luxurygoods and services by 3.2% overall, according to the latest from Unity Marketing. Even better news is that affluents’ consumer confidence rose 17.3 points, as measured […]
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New Smartwatch, Guess Connect, Just in Time for the Holidays
New York—Tis the season to connect—via a smartwatch. Following holiday-time smartwatch introductions from Fossil and TAG Heuer, Guess Watches introduced today its Guess Connect. Based on its global best-selling style called RIGOR, this boldly-styled smartwatch is powered by smartwatch award-winning leader Martian Watches’ technology marries beauty and brains. in a line of smartwatches designed for […]
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Shares of NOL see big bump on sale talks
Stock in Neptune Orient Lines, parent of liner company APL, have risen nearly 22 percent since the beginning of the month as the company entered acquisition talks with CMA CGM.
U.S. military picks Gulfport as ‘strategic seaport’
The U.S. Maritime Administration notified the Mississippi State Port Authority that the Port of Gulfport has been designated as a “strategic seaport” by the Military Surface Deployment and Distribution Command.