Under the strategic partnership, Herzog Technologies will provide short-line railroad operator Watco Cos. with positive train control program management and back-office hosting services, according to a spokesperson for Watco.
Through a partnership with the Slovenian Pošta Slovenije and the Hungarian Magyar Posta, DHL Parcel Europe will provide shorter transit times for cross-border e-commerce services to both countries, the company said in a statement.
The San Francisco-based freight forwarder, which has now raised a total of $94 million to fund global expansion, said it is constructing a new operating system for global trade that will unite the world in a seamless web of commerce.
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The Danish conglomerate said one division will focus on transport and logistics, while the other division will focus on energy.
The world’s two largest container shipping carriers, Maersk Line and MSC, are beefing up their presence on the transpacific trade in the wake of Hanjin Shipping filing for receivership in Korea last week.
Japanese container carrier Kawasaki Kisen Kaisha could be targeted by Singapore-based hedge fund Effissimo, the firm’s largest shareholder as of early August, according to recent media reports.