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Logistics News
Business, Logistics

Shipping Firms Promise the EU Steps to Prevent Price Hike Collusion

BRUSSELS — Several container shipping companies have promised to change practices that potentially allowed them to raise the price of global goods transport, the European Commission announced July 7, following an investigation.

Helen Maguire | Deutsche Presse-Agentur GmbH (Hamburg, Germany)
July 7, 2016
Business, Logistics

TransForce Acquires Canadian Operations of K.A.S. Personnel Services

Transforce Inc., a staffing agency for truck drivers, has acquired the assets of K.A.S. Personnel Services, another commercial truck-based staffing agency based in Mississauga, Ontario.

July 5, 2016
Business, Logistics

Global Shipping Slumps on Fears of Trade Crisis

The world’s largest ship broker admitted its business has been battered by weak global trade – underlining the crisis engulfing the shipping industry.

Hugo Duncan | Daily Mail (London)
July 5, 2016
Business, Logistics

North Central Utility Breaks Ground on Minnesota Dealership

North Central Utility has broken ground on a dealership in Mankato, Minnesota.

June 30, 2016
Business, Logistics

Construction Starts on $13.5 Million Indiana Intermodal Facility

State and local officials joined executives from Transpoint Intermodal to break ground June 28 on a new $13.5 million, 64-job cargo transfer facility in Fort Wayne, Indiana.

Kevin Leininger | The News-Sentinel (Fort Wayne, Ind.)
June 29, 2016
Business, Government, Logistics

After Panama Canal Expansion, Port Manatee Optimistic for More Business

A Port Manatee trade executive has returned from ceremonies marking the expansion of the Panama Canal, saying he is optimistic that the expansion will reap big benefits for the port.

June 29, 2016
Business, Logistics

Hapag-Lloyd to Buy United Arab Shipping Co. as Container Carriers Consolidate

Hapag-Lloyd AG approved a plan to acquire all shares of United Arab Shipping Co., paving the way for the second merger in two years to bolster the position of Germany’s biggest container-shipping line in an industry plagued by excess capacity.

Nicholas Brautlecht | Bloomberg News
June 28, 2016
Business, Safety, Government, Logistics

Baltimore Warehousing Center Tradepoint Atlantic Signs Automotive Shipments Company

Tradepoint Atlantic, a warehousing and transportation center in Baltimore, said logistics company Pasha Group has agreed to lease space at the facility to process global automotive shipments.

June 27, 2016
Business, Logistics, Equipment

Trailer Orders Drop 12% as Seasonal Slowdown Hits

U.S. trailer orders fell 12% in May, reflecting typical seasonal demand, ACT Research Co. reported — though trailer manufacturers said the market had softened.

Roger Gilroy | Senior Reporter
June 27, 2016
Business, Logistics

Maersk Chairman Says ‘Strategic Options’ Include Company Split

A.P. Moeller-Maersk A/S replaced its CEO as the owner of the world’s biggest shipping company explores a number of “strategic options” that may include splitting up its operations.

June 23, 2016
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