Hapag-Lloyd and CSAV signed a binding contract to complete a merger to create the world’s fourth-largest container line.
19 Nov 2013
Lufthansa Cargo’s first Boeing 777 freighter will take off from Frankfurt, Germany, tonight, bound for New York’s John F. Kennedy International Airport, on its first scheduled flight.
12 Nov 2013
North European ports are expected to see “relatively strong growth” in the first half of 2014, despite the “miserable results” forecast for 2013...
28 Oct 2013
Rickmers Group is adding €75 million (about US$103.4 million) to its €175 million corporate bond issued in June.
22 Oct 2013
The U.S. Government Accountability Office has published a report, “DHS Could Improve Cargo Security by Periodically Assessing Risks From Foreign Ports,” recommending...
14 Oct 2013
Lufthansa Cargo reported that an on-going decline in traffic continued to slow in September, falling just 0.8 percent from a year ago, following a 1.3 percent decrease in August.
08 Oct 2013
American Roll-on Roll-off Carrier has expanded its Atlantic Service with the addition of a fifth ro-ro vessel, the Freedom...
27 Sep 2013
Containers of auto parts imported through U.S. ports reached 220,366 20-foot containers in the second quarter of 2013, their highest volume since the JOC began collecting this data in January 2007. Imports were up year-over-year for a 15thstraight quarter, although it was the smallest rate of increase during this period.
24 Sep 2013
Hapag-Lloyd has recruited Rolf Habben-Jansen, the head of Damco, A.P. Moller-Maersk’s global logistics unit, to succeed Michael Behrendt, CEO of the German ocean carrier.
23 Sep 2013
Rickmers Group, the German shipowner, has established a joint venture with funds linked with U.S.-based Apollo Global Management to buy container ships.