Global airfreight demand grew at its fastest pace in 18 months thanks primarily to the August bankruptcy announcement by South Korean ocean carrier Hanjin Shipping, as well as some last-minute shipping resulting from higher-than-expected order levels.
The four-year contract is scheduled to take effect on Dec. 19 and includes an initial increase in base wages for Captains and First Officers of more than 55 to 75 percent, with additional yearly wages.
The Rhode Island Department of Transportation is asking for proposals from firms to design, build, operate and maintain electronic tolling facilities for the state's truck-only tolling program, which has been met with protests from industry organizations.
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Japan's three largest ocean carriers said Monday in Tokyo they will merge their container operations in mid-2017 to form what would be the sixth largest line, continuing a recent trend of industry consolidation.
The Liberian International Ship and Corporate Registry appoints four managers, while Kalmar strengthens its Americas management and Envirotainer names head of Asia-Pacific operations.
CSX names vice president-industrial products, while Target appoints former Walmart logistics executive to senior VP of network planning and operational design, and the European Sea Ports Organization elects its next chairman.