Advent Intermodal Solutions appoints newly created role of chief strategy officer, while the Soy Transportation Coalition elects new chairman and officers.
The U.S. Transportation Department’s Federal Motor Carrier Safety Administration's final rule requires commercial driver's license applicants to demonstrate proficiency in knowledge and behind-the-wheel training, FMCSA said in a statement.
The World Trade Organization made progress this past weekend toward creating an agreement liberalizing trade of environmental goods, but sticking points kept negotiations from reaching a conclusion, the global trade body said in a statement.
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Danish ocean carrier Maersk Line said the acquisition of Hamburg Süd would boost its share of the world container fleet from 15.7 percent to 18.6 percent, and increase its capacity from 3.14 million TEUs to 3.76 million TEUs.
The joint container venture between Japan’s ‘Big 3’ will have a fleet capacity of 1.38 million TEUs, making it the sixth largest in the world, and when their 23 new ships are delivered, the merged operation will become the fifth largest carrier.
The new container service will operate with five vessels averaging 4,200 TEUs and will connect ports in China, Korea and Southeast Asia with Chennai in East India, according to statements from the carriers.