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.
The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration today announced a final rule establishing a national database for the drug and alcohol testing records of commercial truck and bus drivers.
Transportation and logistics companies added 8,900 positions last month, following a revised 12,200-job increase in October, according to recent preliminary data from the U.S. Department of Labor.
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Japan's three largest ocean carriers said Monday in Tokyo they will merge their container operations in mid-2017 to form what would be the sixth largest line, continuing a recent trend of industry consolidation.
Hyundai Merchant Marine and Korea Line have submitted bids for Hanjin’s Asia-U.S. route, and a deal is expected to be reached at the end of the month.
Are means, motive and opportunity enough for Maersk Line to make a move for South Korean ocean carriers Hanjin Shipping and Hyundai Merchant Marine?