The express airfreight carrier division of FedEx Corp. will commence a new flight between subsidiary TNT Express’ air hub in Liège, Belgium, to the FedEx World Hub in Memphis, Tenn. in early April 2017, the company said in a statement.
Korea Development Bank, DSME’s largest shareholder and main creditor, and the Export-Import Bank of Korea said they would provide funds to boost the shipbuilder’s cash flow and convert its liabilities into equity to cut debt.
After falling in 19 of the previous 21 months, railway employment levels in the United States in February 2017 ticked up 0.28 percent from the previous month, according to recent data from the U.S. Surface Transportation Board.
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The Israeli ocean carrier will launch its ZNP loop in April 2017, connecting ports in Southeast Asia and China to Vancouver, Canada.
Marilee McInnis, director of international corporate affairs at Walmart, said although the retailer no longer does business with Hanjin due to the carrier’s bankruptcy, it is currently speaking with another Korean carrier regarding its shipping needs.
Starting in April, Hamburg Süd's cargo will be shipped on vessels in the 2M network, a carrier alliance consisting of Maersk Line and MSC.