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Danish logistics company DSV has secured EU antitrust approval for its US$15.85 billion acquisition of German rival Schenker, creating what will become the world's biggest logistics company, the European Commission said April 9, Reuters reported.
DSV announced the deal for the logistics arm of German state-rail operator Deutsche Bahn in September 2024.
The European Commission, which acts as the antitrust enforcer in the 27-country European Union, said the deal poses no competition ...
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The Port of Brownsville is advancing on more than US$300 million in projects at the port, including creating U.S. operation for Mexican trade.
Food manufacturer Westa Inc., the first tenant of the Port of Brownsville’s 118-acre business park, is finalizing the layout for its US$20 million ...
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Six industry associations, supported by more than 40 maritime stakeholders, have released a consolidated and enhanced publication: Best Management Practices (BMP) for Maritime Security (MS).
The industry organizations are BIMCO; International Chamber of Shipping, or ICS; International Marine Contractors Association or IMCA; the International Association of ...
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The World Trade Center New Orleans, or WTCNO hopes to utilize comprehensive analysis to optimize global commodity flows and maximize the economic benefits of the Lower Mississippi River region.
The Lower Mississippi River Commodity Analysis represents a collaborative effort between Louisiana’s five-deep draft ports along the ...
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The Port Authority of New York and New Jersey, or PANYNJ, on March 27 approved a lease extension for A.P. Moller – Maersk’s APM Terminals Elizabeth lease through December 2062, Maersk reported.
Originally set to expire in 2029, the 33-year lease extension marks a significant milestone ...
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APM Terminals has acquired the Panama Canal Railway Co., or PCRC, from Canadian Pacific Kansas City Ltd and the Lanco Group/Mi‑Jack.
PCRC operates a 47-mile, single-line railway adjacent to the Panama Canal that mainly facilitates cargo movement between the Atlantic and Pacific oceans. In 2024, the ...
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Yang Ming Marine Transport Corp. said March 28 that it has purchased three 8,000 twenty-foot-equivalent-unit methanol dual-fuel-ready containerships from Shoei Kisen Kaisha Ltd.
The vessels are being built by Imabari Shipbuilding and are scheduled for delivery between 2028 and 2029. Yang Ming said the acquisition will ...
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Descartes Systems Group, the global provider of on-demand, software-as-a-service solutions, said it has acquired 3GTMS, or 3G, a provider of transportation management solutions, for about US$115 million cash.
3G, based in Columbus, Ohio, combines modern cloud architecture, an expansive carrier network, and planning-driven automation to help ...
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Trailer Bridge Inc., the Jacksonville, Florida-based full-service transportation provider, said it has partnered with technology provider Highway to enhance its tech stack and better support its customers and carrier partners.Highway specializes in Carrier Identity® solutions for brokers, providing the necessary data to reduce fraud and ...
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Logistics provider Loadsmart launched its new Yard Management System, which digitizes docks, yards and gates by enabling customers to oversee truck movements, track assets and improve coordination from one interface.The YMS is built directly into Opendock, the dock scheduling tool for more than 3,500 facilities ...
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