Industry leader Maersk Line, along with MSC and 13 other container lines, might not be subject to further penalties stemming from a five-year European Commission probe, according to a report from Reuters news service.
The e-commerce giant threw down $775 million in 2012 to purchase Kiva’s warehouse automation robots, ending the sale of Kiva’s products to warehouse operators and retailers that had come to rely on them.
The integrated logistics provider formed a joint venture in South Africa with Johannesburg-based Super Group, offering local and multinational customers a range of logistics and supply chain solutions.
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The Danish third-party logistics provider is emptying its bank accounts of British pounds to minimize currency risks associated with the United Kingdom’s potential exit from the European Union, according to a report from Reuters news service.
The U.S. Federal Maritime Commission has received 20 ocean transportation intermediary license applications and changes for review.
A report by Logistics Trends and Insights found that half of survey respondents see the entry of Amazon, Google and other marketplaces into the world of forwarding as an opportunity for forwarders, compared to only 33 percent who see it as a threat.