FASA

The recently formed container carrier subsidiary of South Korea’s Samra Midas Group will launch a service between Busan and ports in China, Thailand and Vietnam in advance of a full transpacific offering in April.

Redwood Logistics names senior vice president of strategic sales, while Reading & Northern Railroad hires SVP of coal, Port of New Orleans adds a board member and CenterPoint Properties appoints marketing director.

Chinese general cargo vessel Union Demeter has been held at India’s Haldia Port for nearly 50 days for owing bunkering fees.

However, the Seattle-based global logistics company’s net earnings attributable to shareholders slipped 3 percent year-over-year during the quarter to $110.6 million.

The Justice Department said a federal jury in Charleston, S.C. on Wednesday convicted two chief engineers of the vessel Green Sky of falsifying documents to conceal illegal discharges of oily bilge waste and obstruction charges.

The chassis leasing company will roll out TRAC Select in 20 locations across the United States.

Waymo, the automated vehicle subsidiary of Google parent Alphabet, has filed a lawsuit against Uber, alleging intellectual property theft and patent infringement by the co-founder of its recently purchased self-driving technology provider Otto.

Although rates from Shanghai to Europe and the Mediterranean increased since last Friday, rates from Shanghai to the United States declined.

The Japanese shipping company has also submitted an application to establish a logistics subsidiary in India.