Business
C.H. Robinson is expanding its global footprint in key strategic global markets. C.H. Robinson recently opened new offices in Asia and Canada and acquired APC Logistics, a leading provider of freight forwarding and customs brokerage services in the Oceania region. These expansions have led to 15 new C.H. Robinson Global Forwarding offices.
The recent growth of C.H. Robinson’s Global Forwarding division is a testament to how the company is continuing to ...
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The Port of Virginia® moved 228,516 TEUs in January, setting a new volume mark for the month, growing volume by 18.5% when compared with last January and pushing the fiscal-year-to-date growth to 8%. The port handled the heavy volume despite two lost workdays in January ...
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TASCO Berhad, a Yusen Logistics subsidiary in Malaysia, has reached agreements to acquire Gold Cold Transport Sdn Bhd (GCT) and MILS Cold Chain Logistics Sdn Bhd (MCCL), two leading cold chain logistics providers in Malaysia. The agreements, subject to approval by BURSA Malaysia, will enable ...
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On February 15, 2017, the European Union (EU) parliament voted in favor of the Comprehensive Economic and Trade Agreement (CETA) with Canada.
CETA is designed to unite the markets of 35 million Canadians with 500 million Europeans.
Ratification by the EU parliament now paves the way for ...
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CEVA Logistics, one of the world’s leading supply chain management companies, is consolidating its partnership with Mercedes-Benz in Brazil by renewing its existing business partnership and the awarding of additional contracts.
CEVA's services to Mercedes-Benz are concentrated in the southeast region of Brazil. Under the ...
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ZEABORN Group, which was established in 2013, has taken over the business operations and the international organization of Rickmers-Linie, including NPC Projects. ZEABORN also takes over the business operations of MCC Marine Consulting & Contracting, which is active as bunker and chartering broker.
The corresponding ...
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On the occasion of his 80th birthday, Jacques Saadé announced the appointment of his son Rodolphe Saadé as Chief Executive Officer of the CMA CGM Group. Jacques Saadé remains Chairman of the Board of Directors.
Jacques Saadé stated: “Rodolphe has proven himself over the years, and ...
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Maersk Line reported a 2016 result that is $1.679 million lower than the 2015 result ($1.303 million). The overriding reason for the loss is a 19% decline in freight rates compared to 2015. Revenue was $20.7 billion, which is 13% lower than 2015 ($23.7bn).
Volumes were ...
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OIA Global announced on February 1 that it has acquired American Cargo Express, a New Jersey-based provider of domestic and international freight forwarding, warehousing and trade management services. Financial terms of the transaction were not disclosed.
“We value ACE's nearly 30-year commitment to providing quality freight ...
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Elaine Chao was sworn in by US Vice President Mike Pence on January 31. Chao is the wife of Republican Senate Majority Leader Mitch McConnell and the first Asian-American woman to hold a Cabinet position. She also served as the 24th U.S. Secretary of ...
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