December 2017
Old Dominion Freight Line, Inc. received the 2017 ATA Excellence in Security Award. The American Trucking Association (ATA) Transportation Security Council determines the winner each year. The honor recognizes companies that set the standard for all others in the field of trucking security, and exceed in their ability to protect the employees, property, trucks and cargo. This award is the only nationally recognized security award of its kind in the ...
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Philaport Purchases 2 New Super Post Panamax Container Cranes has concluded the purchase agreement of two super post-Panamax container gantry cranes that will help lift the Port to record new levels of cargoes over the next decade. The $23.5 million acquisition from Shanghai Zhenhua Heavy Industries Company Limited (ZPMC) of ...
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Whirlpool Corporation has completed an expansion of its manufacturing facility in La Tablada city, located in Buenos Aires Province, Argentina. The development is part of a more than $20 million investment plan, which began last year when the facility started manufacturing ranges. The facility will now also manufacture front load ...
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The seasonal peak in demand for air cargo space has far exceeded traditional levels, increasing the shortfall of air freight capacity and inflating prices. Prominent long haul intercontinental routes are among those most severely affected, which has led to major automotive component suppliers experiencing increasing booking difficulty as available global ...
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Atlas Air, Inc. and Polar Air Cargo Worldwide, Inc., subsidiaries of Atlas Air Worldwide Holdings learned on November 30 that their request for a preliminary injunction against the International Brotherhood of Teamsters, the International Brotherhood of Teamsters, Airline Division, and Local Union No. 1224 (collectively, the “IBT”) has been granted.
The ...
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Icelandic carrier Eimskip has announced a short sea feeder shipping service between the Port of Halifax and Portland, Maine. This new service feature will start on November 30, 2017 with the arrival of the Eimskip Selfoss at Halterm International Container Terminal at the Port of Halifax. To deliver a weekly ...
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With November 30th’s closing, the Hamburg Süd Group is now part of the Danish company Maersk Line and thus a subsidiary of the world’s market leader in container shipping. “Under this new umbrella, we can strengthen Hamburg Süd’s position worldwide in a challenging market environment, improve our market position, and ...
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Lineage Logistics, LLC, recently announced that it has acquired eight temperature-controlled warehouses from U.S. Growers Cold Storage. With the acquisitions, Lineage adds significant capacity to its expansive facility network in Southern California, providing increased storage flexibility and greater access to value-added solutions for its customers. Financial terms of the transactions ...
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Elmont, NY- Wen-Parker Logistics (WPL), a global freight forwarder and supply chain solutions leader, is very excited to announce the opening of their new Indian head office in Gurgaon. This is the 2nd major headquarters shift for the Elmont-based company who recently opened their new expanded US headquarters in Elmont, ...
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The latest worldwide air cargo figures - as reported by 75 airlines to WorldACD - confirm what followers of the air cargo industry had noticed already: the month of October 2017 was special. Monthly volumes were higher than ever, whilst revenues (when measured in EUR) peaked as well. Although revenues ...
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