Under the renewed long-term agreement, XPO Logistics will continue to manage nine reverse logistics service centers for Leeds-based ASDA Stores, Ltd., as well as collaborate on environmental sustainability efforts.
The Sydney, Australia-based third-party logistics provider will build two new purpose-built ships with 40 percent more capacity to support trade between Victoria and Tasmania, the company said in a statement.
The Greek port saw profits for the first half of 2016 jump 5.6 percent year-over-year to 12.7 million euros, despite headwinds from a 28-day strike carried out by staff between May and June.
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The new Copenhagen-based company LinerGrid said it uses advanced mathematical simulations to provide container lines with information in order to make decisions.
Japanese container carrier Kawasaki Kisen Kaisha could be targeted by Singapore-based hedge fund Effissimo, the firm’s largest shareholder as of early August, according to recent media reports.
A counsel for the National Customs Brokers and Forwarders Association said the Federal Maritime Commission’s Bureau of Enforcement has been scrutinizing NVOs tendering co-loaded cargo for rate violations, but doesn’t have clarity as to why.