REUTERS reports:
Israeli shipping company Zim is considering an initial public offering on a foreign exchange, Israeli news website Globes reported on Monday.
A Zim spokesman said the company was not commenting.

Two options being examined are to hold the …

PRESS RELEASE
Cargolux has provided Free of Charge (FOC) transport for medical relief material destined to medical personnel in Beirut, Lebanon, following the explosion that devasted the city earlier this month. The shipment, organized in cooperation with Fedex, was flown …

Union Pacific (UP) has done it again: for the third time in a month the rail operator has raised charges for traffic moving inland from southern California.
Yesterday, surcharges on excess contract cargo rose to $3,500 per container, and spot …

Cosco Shipping subsidiary OOIL has reported a net profit of $102m for the half-year, compared with a profit of $139m the year before.
Revenue, the majority attributable to its OOCL liner services, came in at $3.43bn, slightly above the $3.3bn …

Maersk has invested A$2.8m (US$2m) in Australian trucking start-up Ofload.
Launched in February, the Sydney-based digital road freight platform tackles inefficient empty container moves and idle time by live-matching cargo owners with small to medium-size transport operators.
Ofload said it …

Brexit has been something of a rollercoaster ride: from prime minister David Cameron initiating the process and throwing in the towel when it didn’t go according to plan, to Teresa May elongating it with futile negotiations to no avail, through …

Tesco plans to create permanent roles for 16,000 new workers in its online business, including 3,000 new delivery drivers, underlining a pandemic-fuelled shift to e-commerce that’s wiping out jobs in the UK’s shopping districts, reports Bloomberg today.
Britain’s largest supermarket …