However, Ryder’s revenues for the quarter rose 7 percent year-over-year, driven by higher fuel costs passed through to customers.
Ships carrying up to 9,800 TEUs can now call terminals west of the Bayonne Bridge without worrying about tidal conditions now that U.S. Coast Guard Sector New York and pilot organizations lifted air draft restrictions.
American Shipper has launched a short survey to collect feedback on how the industry expects to be affected by the new ocean carrier alliances that launched at the beginning of the month.
Registration takes less than 1 minute.
Chinese conglomerate HNA Holding Group Co. offered to purchase CWT Ltd. for 1.4 billion Singapore dollars (U.S. $995 million).
Kempten, Germany-based global logistics provider Dachser said the acquisition allows it to expand and strengthen its logistics network throughout northwestern Europe.
Crane Worldwide Logistics hires vice president of global sales, while Danish Shipowners' Association appoints director for European Union affairs.