Persistent weakness in the eurozone economy will cause imports and exports through North Europe ports to decline this year, a new report predicts.
25 Jun 2015
The purchase of ReTrans, an intermodal and truck freight brokerage with more than $500 million in annual revenue, extends the reach of Kuehne + Nagel, the second-largest global 3PL, far beyond U.S. ports and into the nation's industrial heartland.
25 Jun 2015
The transportation focus of China’s One Belt One Road strategy has so far been on improving maritime and rail links with Europe, Asia and Africa, but Beijing this week brought aviation into the picture, and in a big way.
24 Jun 2015
In September, dockside construction will begin on a new deep-sea port with a capacity of 1.45 million 20-foot-equivalent units, amid sanctions and a collapse in the price of oil that have pulled down St. Petersburg’s container volume.
23 Jun 2015
Hapag Lloyd is adding the port call of Ashdod, Israel, to its service connecting the country with Turkey and said it will begin calling on Iskenderun, Turkey in late July through an unspecified service.
23 Jun 2015
A strike by employees of MyFerryLink has closed Port of Calais, snarling trucks seeking to use ferry services to cross the English Channel, according to the BBC.
22 Jun 2015
CaroTrans is launching a new weekly, direct less-than-container-load service from Milan to Charleston starting next month, amid weak westbound volume growth on the trade lane.
21 Jun 2015
DP World will use automated cargo-handling at a container port it plans to open this year at Yarimca, Turkey, on the Sea of Marmara near Istanbul. The terminal, DP World’s first in Turkey, will have capacity of 1.3 million 20-foot-equivalent units a year.
19 Jun 2015
UPS has begun the construction of a new healthcare distribution center in the Netherlands a month after it opened a pharmaceuticals freight forwarding facility at Amsterdam Schiphol airport.
18 Jun 2015
U.S, European and Chinese maritime regulators on Thursday agreed to work together to keep a sharper eye on massive shipping alliances.
17 Jun 2015
FedEx reported its first quarterly loss since 2009, thanks to a $2.2 billion pension-related pre-tax charge that bit deep into earnings. Unfavorable exchange rates, a drop in international priority volume and low fuel surcharge revenue also stung the global transport operator.