NYK Group Europe appoints chief executive officer and chief operating officer, while Capes Shipping Agencies hires general manager.
The e-commerce giant and SOUQ.com “share the same DNA – we’re both driven by customers, invention, and long-term thinking,” according to Russ Grandinetti, senior vice president of the international consumer division at Amazon.
The largest port on the U.S. East Coast saw containerized cargo volumes tick up 1.2 percent to 507,066 TEUs in February 2017, a record for the month, according to the most recent figures from the port authority.
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Danish shipping company Maersk Line and Chinese e-commerce marketplace Alibaba teamed up to provide sellers direct bookings with the container line, marking another development in the rapidly changing ocean freight procurement space.
The logistics industry should heed past innovators as it grapples with Amazon and Alibaba's clear desire to take greater control of their logistics processes, according to CoLoadX founder Fauad Shariff.
While A.P. Moller-Maersk plans to narrow its focus to transportation and logistics, the foundation that owns a controlling stake in the company will move in its own direction, Ane Maersk Mc-Kinney Uggla said.