Japan has committed to doubling its investment in India to about $34 billion over the next five years, and will also help fund infrastructure projects in India.
Strong U.S. imports are fueling growth of distribution centers near major U.S. port gateways, but there’s no sign that overcapacity is on the way, according to real estate management firm Jones Lang LaSalle.
The market for mobile transportation or telematics technology in the U.S. is evolving quickly as a U.S. mandate for electronic recordkeeping by truck drivers draws closer. One of the biggest telematics companies, Omnitracs, is acquiring rival XRS for $178 million.
Samskip Van Dieren Multimodal has launched rail shuttle services between Duisburg, Germany, and Bettembourg, Luxembourg, creating a new link between Scandinavia and France and Spain and expanding its intermodal service.
Deutsche Post DHL will use India to pilot the development of its e-commerce business model for the Asia-Pacific region via subsidiary Blue Dart Express.
Sical Logistics Ltd., India’s leading multi-modal logistics provider, is selling its 40.92 percent stake in Ennore Automotive Logistics, an automobile port yard joint venture with Japanese shipping group Mitsui O.S.K. Lines.
Iceland’s Bardarbunga volcano has kept the local meteorological office busy, with the red level warning being
Members of the International Longshore and Warehouse Union ratified a new collective bargaining agreement with grain handlers in the Pacific Northwest, ending a two-year battle between the two parties.
The 132 transportation and logistics companies that made the Inc. 500/5000 list of fastest-growing U.S. companies this year prove that size and speed aren’t always twinned.
Rising furniture imports fueled by higher home sales are generating demand for Zenith Global Logistics, a third-party logistics company specializing in home furnishings.