The freight visibility software provider said it will be aggressively pursuing plans through 2017 to introduce support for additional modes of transportation.
Drewry's investment arm said the Taiwanese government will need to support Yang Ming, but Bronson Hsieh, chairman of the shipping company, said a merger is not an option.
Hunter Harrison, retiring president and CEO of the Calgary-based Class I railway, has apparently decided to cut his remaining time with the company short, and may be eyeing U.S. railroad CSX as his next move.
Registration takes less than 1 minute.
Bulk shipping company Korea Line Corp. has been picked over Hyundai Merchant Marine to acquire Hanjin’s operations between Asia and the United States.
Trade data technology provider Datamyne has been acquired by logistics and customs software maker Descartes in a $52.7 million deal intended to help Descartes’ customers make more informed supply chain decisions.
The Hong Kong-based third-party logistics provider has agreed to purchase the freight forwarding business of customs broker and forwarder Bofill & Arnan, the company said in a statement.