Fox Logistics acquires Boxton’s freight automation platform to expand freight services worldwide
Fox Logistics, the asset-based third-party logistics provider (3PL) that provides freight services to small, midsize and enterprise businesses, today announced the acquisition of freight automation…
Valenciaport detects a contraction in Spanish export activity in April
• Between January and April, the number of containers full of cargo (export) fell by 12.72% and those unloaded (import) increased by 6.96% • The…
Canada can boost oil output by 900,000 barrels a day, Kenney says
Canada’s oil production could increase by 900,000 barrels a day to make up for supply losses from Russia’s war in Ukraine, according to the premier…
Notarc partners with MSC to finish Panama Canal Container Port
Notarc Management Group, a Latin America-focused investment firm, is partnering with a unit of Mediterranean Shipping Company to take over construction of the $1.4 billion…
ZIM reports record financial results for the first quarter of 2022
• Generated highest ever quarterly net income of $1.7 billion and adjusted EBITDA of $2.5 billion; continued to deliver industry leading operating margins • Q1…
Panama Canal vessel queue reflects shipping-bottleneck uptick
The global shipping bottlenecks rattling industries and consumers in the pandemic era were plain to see for the politicians, economists and investors gathering for a…
FIATA launches paperless FBL solution, allowing freight-forwarders to issue secured paperless FBL through their everyday TMS and alternative software tools
FIATA, the International Federation of Freight Forwarders Associations, has worked on the release of this long-desired document update to ease the work processes of its…
Rail traffic for the week ending May 14, 2022
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending May 14, 2022.
UK expects to secure six trade deals with US states this year
The UK expects to secure about six trade deals with US states by the end of the year, as discussions with President Joe Biden’s administration…
Air France-KLM and CMA CGM join forces and sign a major long-term strategic partnership in global air cargo
• Industrial cooperation combines Air France-KLM's air transport experience and know-how with CMA CGM's global supply chain expertise and assets; • Air France-KLM and CMA…
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