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The Danish conglomerate has been affected by fallen oil prices and low Asia-Europe freight rates.
Overall cargo shipments through the St. Lawrence Seaway declined this season, however U.S. grain shipments are thriving.
Containerized cargo declined last month in L.A., grew slightly in Oakland and spiked in Long Beach as East Coast captures market share.
The new Terminal Information Portal System (TIPS) will provide information on container availability, export booking status and more.
The FedEx unit of the Air Line Pilots Association has approved a new tentative contract agreement, which must now be voted upon by the express carrier’s 4,000 eligible pilots.
HighJump, a provider of supply chain management solutions, has acquired Wesupply, a U.K.-based premier business-to-business supply chain solutions supplier.