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US-NAFTA trade grows in July [29/Sep/2014]

The US Department of Transportation has announced its US-NAFTA freight figures for July 2014, reporting year-on-year growth across all five major freight modes. Read Full Article...

“K” Line establishes cold storage JV in Vietnam [26/Sep/2014]

“K” Line announced that it has agreed to establish a joint venture with Cool Japan Fund and Japan Logistic Systems to construct and operate a cold storage facility in the outskirts of Ho Chi Minh City, Vietnam. Read Full Article...

Hyundai Merchant Marine raises KRW117bn [25/Sep/2014]

Hyundai Merchant Marine announced that it has sold another 6.19m convertible preferred shares for KRW60bn, bringing the total raised in two sales to Market Vantage up to KRW117bn. Read Full Article...

Chrysler Mexico selects Ryder for cross docking [25/Sep/2014]

Ryder has been selected by Chrysler de Mexico to manage a cross dock operation at the Port of Altamira, feeding parts from an overseas supplier to Chrysler’s manufacturing assembly plant. Read Full Article...

UASC and Hamburg Süd sign a global cooperation agreement [24/Sep/2014]

United Arab Shipping Company and Hamburg Süd announced that they have signed a global cooperation agreement. Read Full Article...

KNOT concludes time-charter contract with Brazil Shipping [23/Sep/2014]

NYK announced that Knutsen NYK Offshore Tankers AS has concluded a 20 year time-charter contract with Brazil Shipping Limited for two shuttle tankers. Read Full Article...

China COSCO wins Vale 25 year shipping contract [23/Sep/2014]

China COSCO Bulk Shipping, a subsidiary of China COSCO, signed a framework agreement with Vale International, a mining company, for the shipping of the company’s ore. Read Full Article...

Neovia Logistics opens international cross dock for Caterpillar in the US [22/Sep/2014]

Neovia Logistics announced that it has implemented a container cross dock operation for Caterpillar Inc., an industrial manufacturer, as part of its global hub and spoke distribution network. Read Full Article...

BMW opens vehicle distribution centre at the Port of Baltimore with WWL [22/Sep/2014]

BMW Group has announced the opening of a vehicle distribution centre at the Port of Baltimore in the US. The facility will serve 96 dealers within the central and eastern regions of BMW’s dealer network and will be operated by WWL. Read Full Article...

Cosco orders five 14,500 TEU containerships [18/Sep/2014]

China Cosco has placed an order for five 14,500 TEU containerships at a total cost of $618m. Read Full Article...

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