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Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd and MOL announced general rate increases.
The independent containership owner and manager agreed to purchase KVH Industries' mini-VSAT Broadband 2.0 maritime communications solution for 18 of its newest vessels.
The portfolio, the first purchase by logistics real estate company IDI Gazeley in the Netherlands, includes over two million square feet of warehousing space.
The fund will be held and administered by the Seamen’s Church Institute, North America’s largest mariners’ service agency, following the structure put in place by TOTE.
The entire investigation into the loss of TOTE Maritime Puerto Rico ship will take 12-18 months, but the NTSB will release findings on an "as needed" basis in advance of its final report.
The national mail carrier of Singapore and aspiring global logistics provider has agreed to purchase a 71.1 percent share in Jagged Peak, Inc. for $15.8 million.