The Port of Savannah will weigh export containers at no cost to help shippers comply with new International Maritime Organization requirements for providing verified gross mass data to carriers.
The transportation management system software provider had been planning for the next stage of its growth since early 2016 by looking for opportunities to extend the reach and capabilities of its LeanTMS platform.
Air cargo craft operator Atlas Air Worldwide Holdings, which saw net income and revenues plummet year-over-year in the first quarter of 2016, said it expects earnings and cash flow to grow over time thanks to new agreements with e-commerce behemoth Amazon.
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Although airfreight volumes fell compared to last February, the results were skewed from the impact of the U.S. port strikes in early 2015, which caused a surge in airfreight volumes, along with Chinese New Year falling in February this year.
The third-party logistics provider’s purchase of United Kingdom-based Evolution Time Critical will allow Metro, which is headquartered in Canada, to expand its automotive services presence beyond North America.
There’s reason to hope that spring has arrived for the ocean freight industry, with one measure of the demand side rebounding from a record low, but the supply side is still a “horror show,” according to Bloomberg commodities columnist David Fickling.