The Greek port’s box volumes declined in 2016 from a year prior amid increased volumes at the car terminal, while revenues ticked up 3.6 percent.
While A.P. Moller-Maersk plans to narrow its focus to transportation and logistics, the foundation that owns a controlling stake in the company will move in its own direction, Ane Maersk Mc-Kinney Uggla said.
Activist investor Paul Hilal’s hedge fund was looking for a swift and amicable transition for outgoing Canadian Pacific President and CEO E. Hunter Harrison to join U.S. Class I railroad CSX, but negotiations have taken a decidedly hostile turn this week.
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Hyundai Merchant Marine carried 55 percent more cargo in January than it did a year earlier between Asia and U.S. West Coast ports.
Canadian Pacific Railway names chief marketing officer, while Troy Container Line promotes FCL export manager.
Alaska Airlines names new chief information officer, vice president finance and controller, and promotes two to managing director; while Siemens Postal, Parcel & Airport Logistics appoints chief digitalization officer.