The e-commerce giant threw down $775 million in 2012 to purchase Kiva’s warehouse automation robots, ending the sale of Kiva’s products to warehouse operators and retailers that had come to rely on them.
The integrated logistics provider formed a joint venture in South Africa with Johannesburg-based Super Group, offering local and multinational customers a range of logistics and supply chain solutions.
The Mobile, Ala.-based full service intermodal drayage carrier and transportation broker opened its 13th intermodal drayage terminal at Baltimore.
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South Korea’s second largest shipping line seems to be turning a corner in its debt restructuring of late, and has now set its sights on joining the leading vessel sharing agreement by capacity on the major east-west trades.
An American Shipper report released Tuesday found that nearly three-quarters of shippers and forwarders believe they will have containers held when the new verified gross mass mandate kicks in July 1.
A sense of what the container shipping industry may look like a year from now has started to emerge as ocean carriers seek to avoid a financial wreck from overcapacity and low freight rates.