Jon Ross, a former American Shipper editor who is an expert on the air cargo industry, pointed out how various market fundamentals, along with UPS’ Boeing order, echo the general consensus that the air cargo market is about to pick back up.
Oakland Bulk & Oversized Terminal (OBOT) has sued the City of Oakland in federal court after facing strong opposition from environmentalists and others that oppose coal exports through a bulk handling terminal OBOT wants to build.
The industrial real estate services and investment management firm said it anticipates low interest rates, healthy consumer spending and strong e-commerce will boost industrial and logistics real estate growth in 2017.
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Hayes Howard, CEO of BlueWater Reporting, has analyzed recent occurrences in the container shipping industry regarding HMM’s bid to join the 2M Alliance, along with Korea Line’s purchase of certain Hanjin assets.
The Danish ocean carrier’s plan to acquire Hamburg Süd in 2017 caps a landmark year for consolidation in the container shipping industry, noted Mario Cordero, the chairman of the Federal Maritime Commission.
Several media outlets reported that owners of the Oetker Group, the conglomerate that owns Hamburg Süd, will meet this week to discuss the future of the German ocean carrier.