The airline launched a new service from Madrid to Shanghai, and its winter 2016 schedule will offer 10 flights per week from London Heathrow to the Chinese city, an increase of three flights per week compared to its winter 2015 schedule.
Industry leader Maersk Line, along with MSC and 13 other container lines, might not be subject to further penalties stemming from a five-year European Commission probe, according to a report from Reuters news service.
The Ocean Carrier Equipment Management Association said that a key benefit of the terminal weighing approach is that shippers will not be required to perform any additional actions in order to provide the verified gross mass of containers.
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The third-party logistics provider closed on its purchase of Apex Maritime, a top three non-vessel operating common carrier in terms of Asia-U.S. import volumes, according to trade data firm Datamyne.
AAGEX Freight Group President and CEO Mike Williams said the new company is inspired by his vision to advance a business model for logistics entrepreneurs to keep pace in a fast evolving market.
San Francisco, Calif.-based private equity investment firm Thoma Bravo said its purchase of the global supply chain solutions provider will allow Elemica to expand its client offerings by focusing its resources and investing in new technologies.