After posting a $376 million annual loss, Maersk Line believes rising freight rates in 2017 will have a dramatic effect on its profit.
03 Oct 2016
Work on the project is slated to begin in summer 2017 and finish up in fall 2018.
05 Aug 2016
DSV’s second-quarter profit rose as it “neutralized” the operating deficit of recently acquired UTi Worldwide.
04 Jul 2016
“This acquisition reflects our confidence in the Danish market and our goal to expand our Scandinavia profile,” said Joe Nicklaus Nielsen, vice president and head of port Investments at APM Terminals.
03 May 2016
Maersk Line is poised to disclose its first-quarter results after a bruising three months.
04 Aug 2015
Danish trucker and freight forwarder DSV posted a better-than-expected increase in second-quarter earnings, driven by sharply higher air and ocean container profits, leading it to upgrade its full-year earnings forecast.
20 May 2015
Palletways, one of several groups offering shippers a palletized freight network in Europe, says it plans eastward expansion as cross-border volume within its network grows.
01 May 2015
Vessel operators are being warned against transit in the Strait of Hormuz, three days after a Maersk Line cargo ship was fired upon and seized by the Iranian Revolutionary Guard.
30 Apr 2015
The U.S. is amping up security measures in the Strait of Hormuz three days after a cargo ship under U.S.