Maersk Line today signed an order for eleven 19,630 TEUs container ships, in a $1.8 billion deal aimed at consolidating its ranking as the world’s largest ocean carrier.
Fesco’s first-quarter earnings rose 5.4 percent as cost savings offset a slump in container volumes resulting from a fragile Russian economy and a depreciating rouble.
Rickmers Holding has switched its legal status from limited partnership to stock corporation, paving the way for a potential initial public offering by Germany’s biggest container ship owner and...
Global delivery company DHL Express will invest $108 million to expand its Americas hub at Cincinnati-Northern Kentucky airport to keep pace with rising demand in international e-commerce and trade.
Etihad Airways’ cargo revenue topped $1 billion for the first time in 2014 as freight traffic grew four times faster than the global market to reach an all-time high.
Rising charter rates helped Greek container shipowner Box Ships narrow its first-quarter loss close to break even.
The idle container fleet shrank slightly to 101 vessels with a total capacity of 323,000 20-foot-equivalent units on May 18 from 106 ships aggregating 348,000 TEUs two weeks earlier, according to...
German locomotive drivers on Thursday called off their latest strike —the ninth in 10 months – and agreed to refer their dispute with Deutsche Bahn, the state-owned railway company, to arbitration.
Royal Mail, the U.K. postal group, boosted full-year operating profit by 6 percent as cost cuts offset sluggish revenues in an increasingly competitive parcels market.
DFDS, the short-sea shipping and logistics group, raised its full year earnings outlook after operating profit surged 150 percent in the first quarter as higher freight traffic on its North European...
Zim Integrated Shipping Services returned to profit in the first quarter as a multi-billion dollar restructuring and sharply lower fuel prices accelerated its financial revival after seven straight...
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