The Atlanta-based parcel giant added four stations in China, and one station each in Poland and Germany to its full and less-than-container load multi-modal rail service between Europe and China.
The port terminal operator arm of the recently merged China COSCO Shipping saw earnings tumble 42.5 percent to $247 million for the full year in 2016 despite a 1.2 percent increase in revenues compared with the previous year.
Silicon Valley-based Turvo’s platform launched Tuesday, allowing shippers, brokers and carriers to work together in real-time across the entire supply chain.
Registration takes less than 1 minute.
In addition, Hong Kong-based Orient Overseas Container Line is scheduled to receive a series of 20,000-TEU ships later this year.
Global investment management firm Arcapita said the transaction, together with the eight warehousing facilities it acquired last year in the Al Quoz Industrial Area of Dubai, is bringing the value of its UAE logistics portfolio to $250 million.
Additional shippers and logistics companies have expressed support on a call for the Federal Maritime Commission to provide guidelines on detention and demurrage charges.