The Suez Canal Authority’s (SCA) claim against Japanese shipowner Shoei Kisen Kaisha over the grounding of the Ever Given, and subsequent six-day blockage of the waterway, has been reduced by some 30%.
SCA chairman Osama Rabie told Egyptian television channel …

Hutchison Port Holdings is set to complete its acquisition of APM Terminals’ APMTR facility in Rotterdam’s Maasvlakte Delta area.
The deal means Hong Kong-headquartered Hutchison now controls the vast majority of the terminal capacity in the Maasvlakte I (Delta) area, …

Shippers are painfully aware that prices keep going up, but they often do not fathom the full extent of the hit some changes can make to their final bill.
Citing capacity constraints resulting in higher incremental costs, FedEx hiked the …

IAG Cargo has announced a strong set of first-quarter results, but observers question whether the success is sustainable, given the exodus of senior management and the lack of a chief executive.
Commercial revenues grew 50%, on a constant currency basis, …

Crane Worldwide Logistics has poached Jas Forwarding veteran John O’Connor to be its executive vice president, strategy development.
Mr O’Connor spent some 15 years at Jas, in the same role. Prior to that, he was at DHL/Exel, and also had …

Since 1905, when Charles Henry Robinson teamed up with the Nash Finch brothers to bulk up his wholesale brokerage business before prematurely dying only four years later aged 52, the Eden Prairie-based firm that still carries his name has managed …

PRESS RELEASE
Descartes Acquires Portrix Logistics Software
Strengthens Rate Management Capabilities on the Global Logistics Network
May 10, 2021 06:00 ET | Source: The Descartes Systems Group Inc.

WATERLOO, Ontario, May 10, 2021 (GLOBE NEWSWIRE) — Descartes Systems Group (TSX:DSG) …