The agriculture shipper advocate praised container weighing methods recently outlined by the Ocean Carrier Equipment Management Association and G6 Alliance carriers, saying terminals nationwide should adopt similar methods.
South Africa’s state-owned ports and rail operator Transnet SOC Ltd. experienced an increase in earnings and revenues for the year ending March 31, 2016, as container and automotive volumes rose.
A.P. Moller-Maersk Group’s new CEO Soren Skou has his work cut out to move the company’s shares higher, according to Bloomberg Gadlfy columnist Chris Bryant.
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The Calgary-based Class I railroad cited lower-than-anticipated bulk volumes, the devastating wildfires in northern Alberta and a strengthening Canadian dollar as the primary reasons for the downward revision in earnings expectations.
Port of Seattle picks head of environment and the Port of Brownsville elects chairman, while K+N names global head of air freight and IATA appoints chairman.
The French ocean carrier reported it will pay 1.3 Singapore dollars (U.S. $0.94) for the Neptune Orient Lines' shares it does not already own, control or has agreed to acquire.