The freight visibility software provider said it will be aggressively pursuing plans through 2017 to introduce support for additional modes of transportation.
Drewry's investment arm said the Taiwanese government will need to support Yang Ming, but Bronson Hsieh, chairman of the shipping company, said a merger is not an option.
Hunter Harrison, retiring president and CEO of the Calgary-based Class I railway, has apparently decided to cut his remaining time with the company short, and may be eyeing U.S. railroad CSX as his next move.
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The U.S. maritime regulator granted the five-member ocean carrier alliance approval to take effect Dec. 19.
Hyundai Merchant Marine of South Korea and Geneva, Switzerland-based Mediterranean Shipping Company have submitted an offer to acquire Hanjin’s interests in Total Terminals International.
FourKites adds senior leaders, while Norfolk Southern appoints new board members and Central Maine & Quebec Railway names executive chairman and CEO.