Business
U.S. Sen. John Thune (R-S.D.), chairman of the Senate Committee on Commerce, Science, and Transportation, issued the following statement following a meeting with President-elect Donald Trump’s designated nominee for Secretary of Transportation, Elaine Chao.
“Having previously served in the cabinet, Secretary Chao’s experience in the executive branch will be an asset to President-elect Trump and his administration. This morning, we discussed infrastructure needs and challenges, including the unique needs of rural ...
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About 250 pilots for ABX Air went on strike early last week in a dispute over working conditions and time off. The strike affected dozens of flights and more than 1 million pounds of cargo. They are picketing ABX’s headquarters in Wilmington, Ohio and DHL’s ...
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Maersk Line and the Oetker Group have reached an agreement for Maersk Line to acquire Hamburg Süd, the German container shipping line. The acquisition is subject to final agreement and regulatory approvals.
Hamburg Süd is the world’s seventh largest container shipping line and a leader in ...
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BY Dow Jones & Company, Inc.
The world's largest container-shipping alliance has decided not to allow Hyundai Merchant Marine Co. to join amid customer backlash, people involved in the discussions said, dealing a blow to the troubled South Korean shipping concern.
Hyundai Merchant wasn't immediately available for ...
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Holt Logistics Corp. received the African-Caribbean Business Council’s (ACBC) 2016 “Company of the Year” Award at its 7th Annual Winter Awards Dinner & Fundraiser.
The ACBC Winter Awards recognize individuals and groups who have shown long-lasting excellence in their areas of expertise in international business. ...
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2016 is already a record-breaking year for AirBridgeCargo Airlines (ABC) following a further 30% year-on-year growth in tonnage in October to 57,608 tonnes.
With two months of the year still to go, ABC has achieved its thirteenth consecutive year of growth. In the 10 months ended ...
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Rolls-Royce is pioneering the development of remote controlled and autonomous ships and believes a remote controlled ship will be in commercial use by the end of the decade. The company is applying technology, skills and experience from across its businesses to this development.
VTT has deep ...
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The new Liverpool2 container terminal was officially opened today (Friday 4 November) by the UK Secretary of State for International Trade, Dr Liam Fox MP.
The £400 million investment by Peel Ports, one of the UK’s biggest port operators, will provide a state-of-the-art ocean gateway for ...
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U.S. Secretary of Commerce Penny Pritzker visited Bogotá, Colombia, the week of October 17th to further build upon the U.S.-Colombia economic relationship. She met with President Juan Manuel Santos to reiterate U.S. support of his efforts to help Colombia reach a just and lasting peace accord ...
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Swiss watch exports are in their longest slump since monthly records began in 1988 after lower shipments to Hong Kong led a decline in September.
Exports dropped 5.7% to $1.7 billion.
“We’re seeing export data flatten out, but there’s no trend reversal apparent,” said Alessandro Migliorini, an ...
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