An infusion of capital from a stock offering would help Schneider expand services, update equipment, and acquire companies.
Hapag-Lloyd said it’s facing a challenging start to 2017.
The global terminal operator handled 67.63 million twenty-foot-equivalent units last year.
Japanese authorities have ordered Yusen Logistics Co. to completely suspend its customs clearance operations.
DP World is brimming with confidence about future prospects in the emerging Asian economy.
India’s major ports face a fresh threat of labor stoppages.
The Asia-Europe spot market was flat this week, and although Europe-China prices have fallen in the past two weeks, the eastbound rate remains well above the levels reached last year.
China-Europe rail is appearing as a regular service offered by forwarders as BCOs begin including the overland route in their requests for quotations.
The Department of Justice declined to say why CEOs of major carriers were served subpoenas March 15 at the biannual Box Club meeting in San Francisco.
While profit fell by nearly a third, revenue increased 24 percent.