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Global Logistics: Page 139
CMA CGM, China COSCO Looking to Ally Against Maersk, MSC?
Shipping analysts Alphaliner reported that the two carriers involved in recent container line megamergers – France's CMA CGM (merged with NOL / APL) and China COSCO (merged with CSCL) – are now looking at forming a shipping alliance to compete with Maersk and MSC's 2M.
Leading Logistics Provider Closes More Business, Develops Stronger Customer Relationships
Challenge: This global logistics and transportation service provider for the chemical and process industries needed to automate its contract management and pricing process due to a growing volume of customer quote requests.
Damper Seen Over Dry Bulk Freight Market for First Half of 2016
The latest Dry Bulk Freight Forecaster from Maritime Strategies International reports a deterioration of the consultancy's cautiously optimistic view for improvement in the dry bulk market in the next six months.
Corning Awards Life Sciences Business to Kuehne & Nagel
Corning Incorporated has appointed Kuehne & Nagel to manage the distribution requirements for its Corning Life Sciences business in the Asia-Pacific market.
Cargo Not Specifically Addressed in Agreement to Resume U.S.-Cuba Flights
For the first time in more than 50 years, the skies over Cuba are opening up to scheduled service from the United States. The two countries signed a deal, officially allowing flights between their borders.
On-Time Performance of Container Vessel Industry Gets Off to Slow Start in 2016
Container service reliability started 2016 on a disappointing note as the average on-time performance slipped by 5.7 percentage points in January to 69.6 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.
Top European Airfreight Carriers Start 2016 Off Well, But Caution Urged
The big three Western European air carriers have all reported their January cargo results, and all three show improving performance.
Ocean Shipping Industry's Fortunes Rise - and Fall - on Business With China
Shipbuilders, container lines and port operators feasted on China's rise and the global resources boom. Now they're among the biggest victims of the country's slowdown and the worldwide decline in demand for oil rigs and other gear amid the oil price plunge.
Hapag-Lloyd Adds 3,000 Reefer Containers to Fleet
Hapag-Lloyd AG has added 3,000 refrigerated containers to its fleet.
Dacotrans Sweden Merges With GH Transport, Key Logistics
Dacotrans Sweden AB, the Swedish member of the FPS Group of independent freight forwarders and non-vessel operating common carriers, has merged with GH Transport AB and Key Logistics AB.
Rockfarm Acquires Global Distribution & Logistics
Rockfarm Supply Chain Solutions has acquired a majority interest in Global Distribution & Logistics LLC.
IATA Partners With Harris Corp. on Information-Exchange Tool
The International Air Transport Association (IATA) and Harris Corp. have jointly developed a new collaboration tool.
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