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XPO Logistics, which announced Friday it had finalized its $3 billion acquisition of trucking and logistics provider Con-way Inc., will cut more than 10 percent of current Con-way staff at its Ann Arbor, Mich. headquarters and Portland, Ore. IT center.
The four new Super Post-Panamax ship-to-shore cranes manufactured by Konecranes, which will operate at the Barbours Cut Container Terminal, will stand taller than any other marine cranes in North America.
In response to weak demand, Maersk has also cancelled options for eight containerships - six 19,630-TEU vessels and two 3,600-TEU feeder ships - and could cancel eight more, according to the Danish shipping conglomerate.