The Icelandic government, two Icelandic municipal authorities and the EFLA engineering company signed a memorandum of understanding to promote the creation of a new port in the northeast corner of Iceland.
SSA Marine's Oakland International Container Terminal will make appointments mandatory for the majority of containerized import pick-ups in order to shorten lines at terminal gates and speed up cargo delivery to customers.
The company plans to accept the weights that clients provide as certified, but if clients are not able to provide the certified weight, it will weigh the cargo on their behalf.
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HNA Group Co., the acquisitive owner of China’s fourth-largest airline, has approached the biggest shareholder of CWT Ltd. to express interest in a possible bid for control of the third-party logistics provider.
The Hong Kong-based logistics services provider entered into a memorandum of understanding to increase its stake in Indev Logistics Pvt. Ltd. from 30 percent to 50 percent.
The Netherlands-based global package delivery firm's announcement of its intended sale of TNT Innight came just five days after China's Ministry of Commerce approved the $4.8 billion acquisition of TNT Express by parcel giant FedEx.