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The Danish conglomerate has been affected by fallen oil prices and low Asia-Europe freight rates.
Data from shipment management software provider CargoSmart showed Maersk/MSC bested other alliances on the transpacific, but it lagged well behind on transatlantic reliability.
Northern Chinese port city damaged, scores killed by massive blasts traced to third-party logistics warehouse operator.
The FedEx unit of the Air Line Pilots Association has approved a new tentative contract agreement, which must now be voted upon by the express carrier’s 4,000 eligible pilots.
HighJump, a provider of supply chain management solutions, has acquired Wesupply, a U.K.-based premier business-to-business supply chain solutions supplier.
The Port of Rotterdam Authority signed an agreement with the Medan, Indonesia-based port company to conduct a feasibility study on the construction of a new deep water port in Kuala Tanjung.