Gary G Burrows
Hapag-Lloyd has achieved its earnings targets for 2015 and also in Q4 significantly improved its operating result (EBIT) versus prior year.
Based on the preliminary unaudited figures, Hapag-Lloyd increased operating earnings before interest, taxes, depreciation of intangible and fixed assets (EBITDA) to EUR 831.0 million (2014: EUR 98.9 million) and the operating result (EBIT) to EUR 366.4 million (2014: EUR -382.8 million) in 2015. The EBITDA margin of 9.4% is in ...
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The Port of Oakland has agreed to a lease termination with Outer Harbor Terminals, LLC. The Port’s governing Board of Port Commissioners approved the agreement on February 19. It will now be reviewed by a bankruptcy judge in Delaware overseeing Outer Harbor Terminals, LLC’s request for bankruptcy protection.
Outer Harbor Terminals, ...
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Ruan Transportation Management Systems announced that it has selected FourKites to provide real-time load tracking across its business divisions that consists of Dedicated Contract Transportation, Supply Chain Solutions and Certified Brokerage Services.
FourKites platform gathers real-time location information from more than 35 ELD/GPS providers and driver cell phones, including traditional flip ...
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The American Trucking Associations has opened the nominating process for professional truck drivers to serve on the 2017-2018 America’s Road Team.
“Being selected as part of America’s Road Team means joining a group that represents the trucking industry as its greatest ambassadors,” said ATA President and CEO Bill Graves. “These elite ...
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Members of the G6 Alliance today announced additional void sailings within their Asia-Europe
product in response to changes in market demand.
As the G6 Alliance continues to review its product profile, the Loop 6 service will void sailings
starting from Week 8 for a period of 11 weeks. In order to provide continuous ...
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In response to low demand from Asia, MSC announced the withdrawal of the SENTOSA service that operates between Asia and the South East Coast of South America. The last departure was the MOL PREMIUM 4901a ETA Yantian Feb. 9, 2016 ETA Singapore Feb. 16, 2016.
All other services ex Asia to ...
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The Canaveral Port Authority (CPA) has joined the Green Marine environmental certification program, a North American initiative committed to advancing environmental excellence in maritime transportation. This marks a major milestone as the Canaveral Port Authority is the 100th participant to join Green Marine.
Commission Chairman Jerry Allender says protecting the environment ...
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Frank Newman, Managing Director, FedEx Services, has been appointed to the International Air Cargo Association (TIACA) Board of Directors.
Newman has over 35 years’ experience in the aviation industry, including senior roles with McDonnell Douglas and FedEx.
Based at the FedEx headquarters in Memphis, USA, he currently manages sales activities for the ...
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Hong Kong Air Cargo Terminals Limited (Hactl) has once again handled 64 of the world’s most valuable horses, competing at the Longines Masters of Hong Kong.
Fully recognised as Asia’s biggest and most prestigious equestrian event, this year’s Longines Masters marked the fourth year of the event being held in Hong ...
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To settle a two-year EU antitrust investigation, the world’s No. 1 container liner Maersk, Swiss peer MSC and 13 other shipping firms have offered to change their practices, reported the European Commission on February 16.
The companies include No. 3 player CMA CGM, Taiwan’s Evergreen Marine, Germany’s Hapag Lloyd, China Ocean ...
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