Under the renewed long-term agreement, XPO Logistics will continue to manage nine reverse logistics service centers for Leeds-based ASDA Stores, Ltd., as well as collaborate on environmental sustainability efforts.
The Sydney, Australia-based third-party logistics provider will build two new purpose-built ships with 40 percent more capacity to support trade between Victoria and Tasmania, the company said in a statement.
The Greek port saw profits for the first half of 2016 jump 5.6 percent year-over-year to 12.7 million euros, despite headwinds from a 28-day strike carried out by staff between May and June.
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U.S. Customs and Border Protection is starting to think about a single North American window with Canada and Mexico for its Automated Commercial Environment system, but customs brokers want the agency to focus on fixing ACE's present state.
The now insolvent South Korean ocean carrier released a status update Monday on the 97 vessels it operates, which illustrated that 59 of these vessels are still waiting in open sea.
Intermodal pricing dropped for 20th straight month compared with the prior year period, according to the latest Cass Intermodal Price Index, and analysts with Avondale Partners expect the trend to continue through the rest of the year.