A sale of Hambürg Sud would end a year of intense consolidation in the liner shipping industry, with Maersk Line and now CMA CGM reportedly interested in buying the German carrier.
29 Sep 2015
In a break with tradition, Maersk Line is transferring the operation of a dozen container vessels to two German ship-management companies.
28 Sep 2015
Hapag-Lloyd, the world's fifth-largest ocear carrier by capacity, today unveiled plans for an initial public offering before the end of the year that is set to raise around $500 million to help fund the acquisition of mega-ships and value the company at around 5 billion euros ($5.6 billion).
11 Sep 2015
Port productivity and the ability to handle mega-ships are key drivers for shipping lines in selecting routes and ports of call and German ports must adapt to this new reality if they are to remain competitive.
09 Sep 2015
European truckload carrier Waberer's International is expanding its fleet and revenue as cross-border trade among the 28 EU member nations increases.
07 Sep 2015
Lufthansa’s long-haul and freighter flights out of Germany will be grounded by an all-day pilot strike in Tuesday, Sept. 8, as the cockpit crew union calls its 13th walkout in 18 months.
02 Sep 2015
By snapping up the remaining shares of Van Dieren Sweden, multimodal logistics operator Samskip aims to strengthen its European intermodal rail links and gain business from shippers.
01 Sep 2015
Menlo Logistics will open a new logistics center in Eindhoven, the Netherlands, early next year, as growing e-commerce sales, both domestic and cross-border, are forcing changes in European supply chains and logistics networks.
18 Aug 2015
The Port of Hamburg handled 6.8 percent fewer containers in the first half of 2015 than a year ago, as sharply lower Russian and Chinese traffic hampered the German port's goal to become the No. 2 container gateway in North Europe.
28 Jul 2015
Strong cross-border business in Europe and the highest demand for deferred package service in the U.S. in a decade helped UPS increase second quarter profits, despite falling revenue.