Under the renewed long-term agreement, XPO Logistics will continue to manage nine reverse logistics service centers for Leeds-based ASDA Stores, Ltd., as well as collaborate on environmental sustainability efforts.
The Sydney, Australia-based third-party logistics provider will build two new purpose-built ships with 40 percent more capacity to support trade between Victoria and Tasmania, the company said in a statement.
The Greek port saw profits for the first half of 2016 jump 5.6 percent year-over-year to 12.7 million euros, despite headwinds from a 28-day strike carried out by staff between May and June.
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Kalmar, a subsidiary of cargo-handling equipment and systems manufacturer Cargotec, appoints new head of the Asia-Pacific region, while the Florida East Coast Railway names VP of carload sales.
Members of California’s congressional delegation asked the federal government to get involved in the Hanjin insolvency, and Rep. Loretta Sanchez said Hanjin’s stranded ships may have goods needed to keep U.S. assembly lines running.
The German ocean carrier’s shareholders of Friday approved all items on the agenda for the annual meeting, most notably including the approval of new authorized share capital, which will be used toward the merger with UASC.