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Management shakeup signals future route for truckload carrier Werner Gregory L. Werner resigned as CEO of Werner Enterprises, handing the title over to his 78-year-old father and founder of the company, Chairman Clarence L. Werner. The resignation comes two weeks after another son, Gary Werner, surrendered the chairman’s job. The $1.68 billion company said C.L. […]

TPM 2015 Sponsor: CMHI Erik Yim, senior commercial director for China Merchants Holdings (International), on competition in South China, CMHI’s home ports development, the impact of growing manufacturing in the Pearl River Delta region and the company’s expansion strategies. … TPM 2015 Sponsor: CMHI Journal of Commerce

US Southeast ports rev up competition for growing auto traffic As U.S. auto sales surge, U.S. Southeast port are shifting into high gear to win that highly profitable roll-on, roll-off cargo. Volume gains are coming from both directions at ports in Brunswick and Savannah, Georgia; Charleston, South Carolina and Jacksonville, Florida. And a lot of […]

US Southeast ports rev up competition for growing auto traffic As U.S. auto sales surge, U.S. Southeast port are shifting into high gear to win that highly profitable roll-on, roll-off cargo. Volume gains are coming from both directions at ports in Brunswick and Savannah, Georgia; Charleston, South Carolina and Jacksonville, Florida. And a lot of […]

Infor aims to integrate factories, supply chain via GT Nexux purchase Infor’s announcement that it would acquire GT Nexus for $675 million is the latest sign of how consolidation in the logistics cloud-based software industry is paralleling similar activity in the global third-party logistics market. The deal, expected to close within 45 days, pending regulatory […]

China’s e-commerce giants target inland HONG KONG — The growth of e-commerce in China’s rural areas is outpacing that in major cities with Alibaba Group estimating the potential market in the countryside could be as much as $70 billion by next year.This is attracting huge interest from online shopping giants such as Alibaba and its… […]

Expanded Suez Canal promises shippers more efficiency, lower costs Suez Canal. Credit: jgmorardEgyptian armed forces are on high alert ahead of the ceremony to open the $8 billion, 44.7 mile extension to the Suez Canal on August 6, which will for the first time allow two-way traffic on the canal, creating economic benefits for both […]

HNA in bid battle for aircraft lessor Avolon after Swissport deal LONDON — China’s HNA group is in a bid battle for Avolon, one of the world’s largest aircraft lessors, just days after agreeing the $2.8 billion acquisition of Swissport, the world’s largest airport cargo handler. HNA’s Bohai Leasing unit offered to buy Avalon for $31 […]

GLP doubles US footprint with acquisition of .55 billion logistics portfolio PHUKET — Singapore-listed logistics property developer GLP has made its second multi-billion dollar investment this month, acquiring a $4.55 billion U.S. logistics portfolio from Industrial Income Trust a week after leading a consortium of investors in establishing a $7 billion China-focused infrastructure fund.The new […]

Box ships transit expanded Suez in first trial run A view of the existing canal from a container ship.LONDON – Three container ships sailed through the “new” Suez Canal over the weekend in the first trial run of a second shipping lane alongside the existing waterway ahead of the official opening next month. The inaugural […]