Transport Topics
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The owner of the world's largest container shipping line will stop ordering newly built vessels and instead pursue takeovers in an industry that has been plagued by overcapacity for almost a decade.
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German ocean carrier Hapag-Lloyd AG has ordered 5,750 new refrigerated containers from Carrier Transicold in an effort to grow its service for temperature-sensitive foods and pharmaceuticals.
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UTi Worldwide will be laying off 200 employees when its contract with Sealed Air ends on Jan. 15, 2017, according to a letter sent to Wisconsin Department of Workforce Development.
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UPS Inc., teaming up with drone-maker CyPhy Works, announced drone tests to deliver packages in remote areas.
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