DHL Express appoints Markus Reckling as the new chief executive for Germany, while Mitsui O.S.K. Line (MOL) names chief country representative in Turkey.
However, the Northwest Seaport Alliance said it may see lower cargo volumes for February, and volumes with Alaska are expected to decline for the full year of 2017 due to soft market conditions.
The Greek port’s box volumes declined in 2016 from a year prior amid increased volumes at the car terminal, while revenues ticked up 3.6 percent.
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The outbound cross-border eCommerce distribution center is scheduled to be built by April 2017 in Narita, Japan.
The Bonn, Germany-based parcel carrier and logistics provider posted a third quarter 2016 net profit of 618 million euros, a significant increase from just EUR 49 million in third quarter 2015, even as revenues slipped 3.9 percent to EUR 13.9 billion.
The contract freight rate benchmarking company warned, however, that stability will be hard to come by, and if just one or two carriers begin to drop rates and chase market share again, prices will likely fall across the board.