Lojistik Teknolojileri

The acquisition bolsters Stord’s presence in key East Coast and West Coast hubs while building upon other recent deals.

The order has propelled the global backlog of new vessels to the equivalent of 46.5% of the existing container ship fleet, the highest level since 2009, according to Linerlytica.

Shippers say more stringent rules from the CBP and dwindling leverage with ocean carriers is making them feel under siege when it comes to moving freight in the eastbound trans-Pacific.

The third-quarter results reflected continued momentum from synergies gained by the ongoing integration of Schenker’s business, although a “sanitizing” portfolio-cleanup process has weighed on activity.

The carrier said in a statement the proposed investment in the Haiphong rail depot, together with existing port ventures with Hateco, could add up to $3.5 billion.

Financial terms were not disclosed, but media reports have valued the deal at $13.3 billion.

The company added a new titanium supplier and expanded its partnership with an advanced film maker as part of a $600 billion commitment to U.S. manufacturing.

The Arkansas plant will increase production for sparkling water brand Mountain Valley as demand for premium beverages surges.

Alongside Hy-Tek Intralogistics and Hai Robotics, the retailer aims to maximize warehouse storage density and improve order accuracy.

A lawsuit filed Tuesday with the Court of International Trade alleges the president exceeded his power in using a nearly 100-year-old statute to impose tariffs.