The third-party logsitics company's Americas division has carved out a group to create a host of customized transportation services, including cross-border, forward inventory handling, and managed transportation solutions.
John Urban, who is a founder and former president of GT Nexus, served as an executive with APL and was also president of domestic intermodal carrier NPSC.
Florida East Coast Railway Holdings Corp. will be acquired by GMéxico Transportes S.A. de C.V. in an all cash transaction.
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COSCO Shipping Ports Ltd. and CMA CGM Terminals Holding signed a worldwide memorandum of understanding to seek cooperation at ports worldwide, with preference being given to ports called by the Ocean Alliance.
Gene Seroka, executive director at the Port of Los Angeles, said 2016 was an “epic” year, and in 2017, the port will focus on improvements in process management, information technology and land use.
What has been accepted as standard practice for decades - large shippers cementing big volume annual contracts with carriers and smaller shippers, forwarders and NVOs picking up the scraps on the spot market - is now being heavily scrutinized.