ZS Fund has acquired Amerijet Holdings, an operator of cargo aircraft under the name Amerijet International, along with logistics services subsidiary ITN Worldwide for an undisclosed sum.
Until now, Freightos has focused on helping forwarders quote faster, but since January, the logistics technology provider has been beta testing its China-to-United States marketplace.
Total cargo throughput at the largest French port fell 3 percent to 39.13 million metric tons in the first six months of 2016 as general cargo volumes remained relatively flat and bulk volumes fell compared with the same 2015 period.
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Taiwanese ocean carrier Yang Ming Transport Corp. named former Evergreen Line executive Bronson Hsieh as its new chairman.
The Panama Canal's third lane opened for business, following Sunday's transit of the 9,472-TEU COSCO Shipping Panama.
The agriculture shipper advocate praised container weighing methods recently outlined by the Ocean Carrier Equipment Management Association and G6 Alliance carriers, saying terminals nationwide should adopt similar methods.