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The vessel Mineral Faith caused delays and tailbacks for at least ten southbound vessels after grounding Tuesday, according to a customer advisory note from Inchcape Shipping Services.
The global port operator attributed its strong results primarily to increased throughput at higher margin marine terminals and its integration of industrial logistics infrastructure firm Economic Zones World.
The U.S. Federal Maritime Commission has received 12 ocean transportation intermediary license applications and changes for review.
The FedEx unit of the Air Line Pilots Association has approved a new tentative contract agreement, which must now be voted upon by the express carrier’s 4,000 eligible pilots.
HighJump, a provider of supply chain management solutions, has acquired Wesupply, a U.K.-based premier business-to-business supply chain solutions supplier.
The Port of Rotterdam Authority signed an agreement with the Medan, Indonesia-based port company to conduct a feasibility study on the construction of a new deep water port in Kuala Tanjung.