XPO Logistics CEO Brad Jacobs commented on the contentious relationship between the union and his company after Teamster-affiliated protesters burst into one of the morning sessions at the JOC’s TPM Conference in Long Beach, Calif.
A significantly lower average freight rate drove Hapag-Lloyd’s revenues down 12.5 percent year-over-year in 2016 to 7.7 billion euros.
Under the newly expanded contract, Worldwide Flight Services will handle up to seven direct flights a week connecting Chicago O’Hare International Airport with Taipei and an estimated 56 million kilos in cargo annually, according to a statement from WFS.
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The Floridian port is ready to launch a second round of investment - this time with the goal of increasing capacity and service levels within the container yard.
The Danish ocean carrier’s acquisition of Hamburg Süd from the Oetker Group would expand its market share in Latin America and Oceania trades.
The new president immediately put the world on notice that his administration will combat unfair trade practices, which many interpret as a return to protectionism.