The Danish ocean carrier’s plan to acquire Hamburg Süd in 2017 caps a landmark year for consolidation in the container shipping industry, noted Mario Cordero, the chairman of the Federal Maritime Commission.
The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration today announced a final rule establishing a national database for the drug and alcohol testing records of commercial truck and bus drivers.
Transportation and logistics companies added 8,900 positions last month, following a revised 12,200-job increase in October, according to recent preliminary data from the U.S. Department of Labor.
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The French ocean carrier has appointed Michel Delville, former CFO of high-tech battery manufacturer Saft Group, to replace outgoing Chief Financial Officer Michel Sirat, according to a statement from the company.
Japan's three largest ocean carriers said Monday in Tokyo they will merge their container operations in mid-2017 to form what would be the sixth largest line, continuing a recent trend of industry consolidation.
Federal Maritime Commission Chairman Mario Cordero said that as container carriers form new alliances and merge, they are seeking new powers, causing some nervousness among shippers.