The Houston, Texas-based third-party logistics provider moved into a new 34,000-square-foot warehouse and office complex adjacent to the London Heathrow Airport in an effort to enhance its UK market presence.
SEKO Logistics named Michael Christensen president of SaaS and CPO of International Supply Chain Solutions to lead a new business unit focusing on the third-party logistics provider’s service-as-a-software technology solutions.
Reported cargo thefts in the state of Rio de Janeiro for the second quarter surged 34 percent year-over-year to 2,151 reported incidents as the nation’s economy continues to shed jobs.
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Calgary-based Class I railway Canadian Pacific posted a net income of $328 million Canadian (U.S. $251 million) in the second quarter of 2016 on revenues of C$1.45 billion.
Ocean carriers MSC, Hapag-Lloyd, Hamburg Sud and UASC will be shaking things up on the Europe-Middle East/ISC trade.
Turkish port operator Yilport Holding secured a 50-year concession to develop Puerto Bolívar Port and committed to invest $750 million in the Ecuadorian port.