Horizon Lines, Inc. announced it has reached an agreement in principle providing for the settlement and dismissal, with prejudice, of the consolidated putative class action complaint pending in the Delaware Court of Chancery in connection with Horizon's proposed merger with Matson Navigation…
U.S. coffee importers have begun diverting shipments bound for West Coast roasters to ports on the Gulf and East Coasts due to a labor dispute that has caused prolonged backlogs in California, market sources said.Traders said they began…
Clogged ports along the U.S. West Coast reopened to cargo vessels on Friday after a daylong closure, but shippers planned to re-impose a partial shutdown through the holiday weekend barring a settlement in stalled labor talks with the dockworkers union…
Mr. Shashi Kiran Shetty, chairman of the Indian logistics multinational Allcargo Logistics, has been appointed Commander of the Order of Leopold II by King Phillip of Belgium. The honour was presented to Mr. Shetty by H.E. Jan Luykx, Belgian ambassador in New Delhi…
'This is the really crappy part of the job, and this is what I hate about this industry frankly,' the chief executive of oilfield services company Baker Hughes complained as he announced it would lay off 7,000 employees.Baker Hughes is cutting…
Kalmar, part of Cargotec, has gained an order for three Kalmar hybrid shuttle carriers from the Port of Virginia, a multi-terminal container and breakbulk cargo complex located in Virginia, 18 miles from the Atlantic Ocean. The 1-over-1 hybrid…
Royal Boskalis Westminster N.V. (Boskalis) has sold its road maintenance company Aannemingsbedrijf De Jong en Zoon Beheer B.V. and the associated De Jong subsidiaries (De Jong) to the management and Foreman Capital. The De Jong activities…
Australia Pacific LNG today announced it had reached a significant milestone with the arrival of first gas from its coal seam gas fields in the Surat Basin to its liquefied natural gas (LNG) facility on Curtis Island, near Gladstone, Queensland…
Shipping lines plan a partial four-day shutdown of U.S. West Coast ports, starting on Thursday, amid stalled labor talks between the companies and the union representing 20,000 dockworkers, the companies said on Wednesday. Loading and unloading…
Shipping lines are expected to curtail cargo operations at U.S. West Coast ports again this weekend amid stalled labor talks between the companies and the union representing 20,000 dockworkers, the chief executive of the Port of Long Beach said on Wednesday…
Import cargo volume at the nation’s major retail container ports is expected to rise 10.1 percent this month over the same time last year even as West Coast ports come closer to a possible shutdown due to the lack of a contract with dockworkers…
Hamburg Süd has been recognized for the first time with the “Carrier of the Year” Award by the internationally operating transport and logistics group, Panalpina, based in Basle/Switzerland. Peter Frederiksen, Member of the Executive Board of Hamburg Süd…
Royal Dutch Shell Plc and the United Steelworkers union (USW) negotiated for hours on Tuesday over a new labor contract for U.S. refinery workers, the company said on day 10 of the biggest refinery walkout since 1980.They have been unable to agree since this year's talks started on Jan…
Craig Jessup has been appointed Senior Vice President, Services in Kalmar, part of Cargotec.Craig joins Kalmar from Ingersoll Rand where he headed the Industrial Technologies parts and services business for Europe, Middle East, Africa and India…
As the Indian economy shows signs of green shoots Bertling Logistics India Private Ltd., the country's only project logistic multi-national has etched out strategic plans to consolidate its multifarious activities in order to gear for a major…