The struggling South Korean shipping line plans to return 20 containerships and 18 bulk vessels when their charters expire this year and next as the latest step in its cost cutting and restructuring efforts.
DB Schenker appoints senior finance and HR executives for North America team, while the Canadian Airports Council elects new chairman.
The United Kingdom's vote to leave the European Union last week could have implications for the Transatlantic Trade and Investment Partnership between the U.S. and EU, as well as the Trans-Pacific Partnership, according to experts at the Stimson Center.
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INTTRA has secured commitments from five of the top seven global forwarders for its eVGM product, which allows container weight verification data to be transmitted electronically to carriers.
Port of Seattle picks head of environment and the Port of Brownsville elects chairman, while K+N names global head of air freight and IATA appoints chairman.
The Danish global transport and logistics provider reported an operating profit of 643 million Danish krone (U.S. $98.59 million) for the quarter compared with first quarter 2015 as it continues to integrate the newly acquired business of UTi Worldwide.