FASA

Ali Maserrat, founder of an Uber-style courier called Peykyab, is disrupting the traditional parcel carrier model in Iran’s capital city of Tehran, and is now looking to spread his operation throughout the country.

The Southern California port handled 558,014 TEUs for the month, benefitting from the return of a Hyundai Merchant Marine service and the launch of new South Korean container carrier SM Lines’ transpacific offering.

North America’s largest provider of outsourced container freight station services has acquired Dicom Transportation Group’s Extra Express division for an undisclosed amount, according to a statement from majority owner Wind Point Partners.

Three measures were adopted last week by the European Commission to ensure European Union regulations are both respected and economically prosperous for member nations, the commission said in a statement.

The South Carolina Ports Authority will also welcome the largest vessel to ever transit the Panama Canal, the 13,092-TEU COSCO Development, when it calls at the Port of Charleston next week.

International Airlines Group subsidiary IAG Cargo saw revenues slip 2.3 percent year-over-year to 256 million euros (U.S. $278.7 million) in the first quarter of 2017, despite growing cargo volumes 3.6 percent compared with the same 2016 period.

The private equity group, which last year invested in TMS provider Transporeon, has sunk an undisclosed sum into the supply chain design software company.

Ukrainian heavy-lift air carrier Antonov Airlines is preparing its aircraft fleet and expanding cargo sales for future operations in the United States and Hong Kong, the company said.

The Omaha, Neb. transportation and logistics services provider will integrate MacroPoint’s visibility platform into its greater North American logistics solutions offerings.

The Berkshire Hathaway-owned Class I railway increased net revenues 8.8 percent year-over-year during the quarter, reflecting higher volumes and average revenue per car/unit.