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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The Itasca, Ill.-based third-party logistics provider has added a 50,000-square-foot warehouse on the border of Shenzhen in southeastern China, 30 minutes away from the Port of Hong Kong and 45 minutes from Hong Kong International Airport.
United States truck trailer net orders totaled 9,500 units in July 2016, a 20 percent decline from June and a 55 percent drop from the same 2015 period, according to freight transportation analyst FTR.
About 450,000 TEUs of capacity is expected to be scrapped in 2016, which would be double the amount scrapped in 2015, according to the London-based shipping consultant Drewry.