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Evergreen Line introduces two new intra-Asia services, Nautilus International/Metro Group breaks ground on its new headquarters in Long Beach, CaroTrans starts LCL service from Shanghai to Atlanta via Port of Savannah.
Maersk Line CEO Soren Skou told American Shipper container lines need to adapt to permanent overcapacity, and cited Maersk's network management as the primary driver of bumper profits in recent years.
A second berth at Fairview Container Terminal in British Columbia will grow capacity to 1.3 million TEUs.
After extensive debt restructuring, the Israeli ocean carrier aims to "return to profitability and growth in 2015."
Logistics real estate developer's white paper on facility obsolescence finds the bulk of warehouses and DCs are either obsolete or too far removed from population centers and transport infrastructure.
The integrated logistics provider saw increased revenues in both its Global Integrated Logistics and infrastructure business units.