Europe

A new container terminal at the port of Algeciras, the future site of which is pictured in the foreground, would be a significant boost to Cosco Shipping Ports's international aspirations.
23 Aug 2016
Cosco Shipping Ports is tipped as a likely frontrunner in the bidding for a tender to build and operate a third container terminal at the southern Spanish port of Algeciras.
DFDS got a boost from British competition regulators, who told rival Eurotunnel it could no longer operate cross-channel maritime services.
22 Aug 2016
DFDS raised its full-year outlook and increased profit following a strong second quarter at a time other transportation companies have posted losses or downgraded their full-year outlooks.
XPO in the second quarter recorded a profit, the first since CEO Bradley S. Jacobs took control of the company in 2011.
17 Aug 2016
Refinancing saves XPO Logistics money that can be reinvested in "optimizing" its global business.
Few shippers see prices going up substantially this year, and some say the rates won’t change until at least April, when the new carrier alliances take effect.
17 Aug 2016
The dramatic descent of spot prices to five-year lows in both directions on the trans-Atlantic shipping route has sparked questions about how low the price can go, and if the once sleepy, stable route has changed.
Traffic declines at the port of Hamburg, pictured, through 2015 cost the port its position as the second-busiest in Europe.
16 Aug 2016
Hamburg has finally pulled out of the container slump.
15 Aug 2016
The automated truck won't arrive overnight, but evolve over time, as individual components prove themselves, Kenworth executives say.
11 Aug 2016
A customs change that would have forced shippers to divert cargo away from the port of St. Petersburg has been suspended.
10 Aug 2016
The Chinese conglomerate will pay an additional 88 million euros for the extra 16 percent stake in Greece’s largest port.
09 Aug 2016
Fesco’s first-half profit more than halved.
The acquisition of UTi Worlwide made DSV the world’s fourth-largest freight forwarder and the benefits of the deal are being felt sooner than anticipated.
05 Aug 2016
DSV’s second-quarter profit rose as it “neutralized” the operating deficit of recently acquired UTi Worldwide.
03 Aug 2016
XPO's North American LTL operations, the former Con-way, led the company's drive to its first quarterly net profit.