The Swiss-based freight forwarding and logistics company is best known for its air and freight forwarding business, but has successfully added warehousing and distribution, along with related outsourced services, to its portfolio over the years.
Although harvesting has picked up in West Africa, bean deliveries in top grower Ivory Coast continue to lag behind last season's pace.
The Persian Gulf nation signed an agreement with India and Afghanistan this week to develop its southern Chabahar port along the Gulf of Oman coast.
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The Port of San Francisco Commission this week approved Pasha's plans to take over Pier 80, which the ocean carrier will primarily use to handle automobile imports and exports, along with vehicles processing.
The sale of a relatively young 5,447-TEU post-panamax vessel "does not appear to be a one-off event," according to the mapping, ship search and valuation service VesselsValue.
GE's Marine Solutions signed a contract to provide its new power take off/power take in technology to ocean carrier Maersk Line for 11, second generation 19,630-TEU Triple-E containerships.