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"In second half of 2015, international trade still won’t be cheerful," CSCL said in its most recent financial statements, pointing to the massive influx of new capacity in the ocean liner industry.
Ocean carriers Maersk Line and CMA CGM issued general rate increases.
Media reports have French logistics company adding venerable U.S. 3PL in what would be the latest in a string of major acquisitions in the third party logistics market.
Tideworks Technology has developed a mobile version of its customer service web portal for the Massachusetts Port Authority called Forecast Mobile Lite.
Ocean carrier CMA CGM will team up with Bolloré African Logistics and China Harbour Engineering Company to build and operate a 1.4 million-TEU container terminal in Kribi.
The Norther California port warned, however, that vessel backlogs could reoccur if more longshore labor is not added.