Global trade in 2016 was sluggish, as import volumes and global container throughput dipped, but the negligible dip in global trade was accompanied by radical shifts in freight pricing.
Marseilles, France-based ocean carrier CMA CGM said that since Oct. 17, U.S. Lines’ services have been rebranded as ANL on the Oceania trades and APL on the transpacific trades.
From ShipBob’s 40,000-square-foot warehouse in Los Angeles, one can get a window into how small retailers can leverage the power of the internet to potentially compete with the scale of larger online marketplace sellers.
Taneli Ruda, head of ONESOURCE Global Trade, has examined the economies of China and India, and analyzed the economic outlook for both countries.
Alain Bédard, chairman, president and chief executive officer of TFI International, formerly known as TransForce, said the acquisition diversifies the company into the medical last mile business.
The Hong Kong-based third-party logistics provider has agreed to purchase the freight forwarding business of customs broker and forwarder Bofill & Arnan, the company said in a statement.
The nationwide trucker and third-party logistics provider said it hopes to raise between $281 million and $359 million with the initial public offering, and provided details on how it plans to use the proceeds.
South Korean shipyards exited the business of making cranes a decade ago because of stiff compeitition from Chinese makers.
Trucking industry executives visited the White House Thursday afternoon to talk about issues that affect their businesses.