The Japanese liner carrier established a cargo-handling joint venture in Mumbai, India that will initially handle car carriers, but will eventually include other types of vessels.
Every software provider has reporting capabilities for its users, but the trick for supply chain practitioners is determining whether business intelligence output is useful for monitoring or to impact operations.
The creation of a new envoy for the Canada-EU Comprehensive Economic and Trade Agreement (CETA) reflects the high priority the country places on signing the deal, despite recent opposition.
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Meanwhile, the A.P. Møller - Maersk conglomerate, which includes both Maersk Line and APM Terminals, reported second quarter profits of $118 million, 89 percent below the $1.09 billion in the second quarter of 2015.
The Danish global transport and logistics provider reported gross profits of 7.8 billion Danish krone on revenues of 32.9 billion Danish krone for the first half of 2016, year-over-year increases of 40.4 percent and 28 percent, respectively.
The U.S. gross domestic product increased 1.2 percent in the second quarter of 2016, according to the “advance” estimate from the Department of Commerce, following a revised increase of just 0.8 percent in the first quarter.